11 Percent Movement in Bitcoin Price Coming Soon: Direction Up or Down?

Cryptocurrency analyst known as Skew claimed that an 11% movement will occur in Bitcoin (BTC) in the near future.

Cryptocurrency analyst and trader Skew commented on Bitcoin on December 25 by sharing drew attention. While the analyst argues that an 11% movement will occur in Bitcoin soon, the price It may be withdrawn to the level of 40 thousand dollars he stated.

of Bitcoin $44,700 under weekly The experienced name pointed out that it was closing, $44,500 level of liquidity is cleared and from this point on, one way or another 11% movement He said he would come. One of the 40 thousand dollar band working as support waiting Skew said it was “soon” predicted that it would happen:

Interesting or important closure. Technically this is a wick bottom close (reflecting $40,000 demand) However, liquidity at the top of the previous 1 week open has been swept away. Either way, the 11% move is coming soon.

According to CoinGecko data, in the last 24 hours 0.3% rise Bitcoin exhibiting, at the time of writing from $43,648 is being traded.


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