ilmscore | Prediction Details
"if the 8we does not hold on the weekly time frame then we're likely going to the 20we SMA because that's what normally happens when the 8 week is broken you'd be hard pressed to find a time where the 8we doesn't you know break and then doesn't event eventually visit within a few percent of the bull market support band... if we break below the 8we then the 20e SME is definitely in the cards and if history is any indication breaking the 8we SMA you know if we do go down to the bullmark sport ban that's about a 22% drop"
By Benjamin Cowen | January 3, 2024 | Pending
From video
Bitcoin: Dubious Speculation 00:28:43 - 00:29:36
Interpreted Prediction
If Bitcoin's 8-week moving average (around $41k) does not hold on the weekly timeframe, a pullback to the 20-week SMA (bull market support band, around $33.9k-$35.8k) is likely, potentially a 22% drop.

Prediction Details

Ticker
BTC
Initial Price
42,862.35 USD

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