Murphy
Murphy|Nov 04, 2026 05:12
Between January and September 2023, the BTC price encountered resistance at one standard deviation of the Short-Term Holder's Cost Line (STH-RP) (yellow line in the chart), and subsequently experienced a degree of pullback each time. The first pullback perfectly retraced to the blue line (STH-RP), the second slightly broke below the blue line, and the third retraced to between the blue and green lines (-1 STD). Currently, the blue line is around $75,700, and the green line is around $68,900. If we simply follow this pattern, the following three scenarios have a certain probability of occurring: 1. A pullback to $75,700; 2. A pullback to $72,300; 3. A pullback to between 1 and 2. As always: We don't make predictions, we only plan.
Mentioned
Share To

Timeline

HotFlash

APP

X

Telegram

Facebook

Reddit

CopyLink

Hot Reads