Gunslinger2005

BTC. statistically high chances of correction to monthly pivot

BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
The last 4+ years have only ever seen 2 months NOT have price test their monthly pivot points (which is around 57k) those months were January 2021 and December 2017. It could always happen a third time. I am just saying... that is over 95% frequency. Easy enough to backtest with standard pivot points monthly levels.

P.S. This does not mean it must happen now. This statistic is valid within an intramonth period.

Penafian

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