Yesterday I wrote about one hour Bitcoin open and close price targets. I was wrong Bitcoin didn’t close at my prediction between 12:00pm and 1:00pm in fact it closed somewhere in between my price target. And actually BTC didn’t move much during that time.
But 1h later however it did what I have predicted.
Later there was a definite liquidation move that would wipe out all shorts on higher leverage (most traders around that time most probably used higher leverage because Bitcoin doesn’t move much on hourly basis.)
Based on my previous prediction result I decided to move to 2h candles and lets see how it will go again starting at 12pm
24 Jan 2023
12:00pm open at: $22,912
2:00pm will close above $23,000
