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RE: Silvergate?

avatar of @piensocrates
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@piensocrates
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In my personal opinion, Bitcoin is stuck in a screwed range that there is no indication that it will break out of for a while. I mention it because all my analyzes lead me to such a conclusion.

If we're talking hard numbers, I'm of the opinion that BTC is in an immediate range from about $22,500 to about $24,650 or so. The good thing is that the Ichimoku indicator shows that there is bullish force, but beyond that, the bad news is that the directionality of the price is undoubtedly to the downside, this is based on daily timeframe analysis. But based on my analysis of the BTC 4-hour chart, the price would range from $22,500 to $25k or so.

Given what we are seeing, I think that up to now the market has been acting in this way, and it is not seen, given the analysis, that the price of BTC is going to exceed $25k at the moment (at least in the next few days or weeks). But who knows, with Bitcoin anything can happen.

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