Is Bitcoin Setting up for a big move?

5 de jan. de 2023

Now this one may be a little bit of a stretch. Bitcoin is breaking above the 20 Exponential moving average. With this there a good chance for a further bullish move. In the past the price move is about 700 dollars. But with Bitcoin being at a lower price now we can suspect the price to move around 500 dollars. 17300 to 17400 would be a good price goal to get out if running a Bullish trade. Then from there look for a daily candle to close below the 20 Exponential Moving Average and a move down. Before end of this month I am expecting these events to take place if they do. I will be looking to play this both ways. A little up and a little down.
Good luck traders.