BTC Predicted path...100% accurate :) 50% ROI in Bear Market
So I made this chart for a conference call for my private telegram group on the 25th of Jan. I reviewed this chart with my group is a great resource tool to incorporate how far south the market will hit across the board. It has thus far hit 100% accuracy.
BTC is on a downtrend due to multiple theories and reasons. Every beginning of the year markets dips because the big players in Asia either pull money for the Chinese New Year, taxes, etc. Alongside with the FUD involving Bitfinex & Tether Subpoena and general panic selling we can expect the market to bottom out at the second support level and have some small positive retracement.
It is up to the market to see how far north it will go. I think it will try to hit the top of the channel again before tapering off and continuing its downward trajectory. We won't really see huge bullish action until end of Feb - Early March.
REMEMBER PEOPLE GET RICH IN BEAR MARKETS NOT BULL MARKETS. its all about market positioning and using the downtime to do your research.
Follow this chart for solid %'s in your trade. My private group has made at least 14% on the short and 18% on the rise. Another 18% on the dip south. 50% Total in 6 days in a bear market. Not too bad.
Consistency is what we need in our trades to be effective and profitable. I will drop another BTC chart when we hit the end of my projected timeline. It will be at that point where I can figure out if we are heading down to $8k or resume a normal growth trajectory. We will not attack ATH for another 1.5-2 months.
ALSO FOR ADDITIONAL PROOF I DREW THIS CHART WELL BEFORE THE MARKET FORMED PLEASE SEE THIS PRIVATE CHART LINK BELOW:
Any questions or concerns feel free to contact me!
Hope you all are well and happy hunting :)
Reg
BTC is on a downtrend due to multiple theories and reasons. Every beginning of the year markets dips because the big players in Asia either pull money for the Chinese New Year, taxes, etc. Alongside with the FUD involving Bitfinex & Tether Subpoena and general panic selling we can expect the market to bottom out at the second support level and have some small positive retracement.
It is up to the market to see how far north it will go. I think it will try to hit the top of the channel again before tapering off and continuing its downward trajectory. We won't really see huge bullish action until end of Feb - Early March.
REMEMBER PEOPLE GET RICH IN BEAR MARKETS NOT BULL MARKETS. its all about market positioning and using the downtime to do your research.
Follow this chart for solid %'s in your trade. My private group has made at least 14% on the short and 18% on the rise. Another 18% on the dip south. 50% Total in 6 days in a bear market. Not too bad.
Consistency is what we need in our trades to be effective and profitable. I will drop another BTC chart when we hit the end of my projected timeline. It will be at that point where I can figure out if we are heading down to $8k or resume a normal growth trajectory. We will not attack ATH for another 1.5-2 months.
ALSO FOR ADDITIONAL PROOF I DREW THIS CHART WELL BEFORE THE MARKET FORMED PLEASE SEE THIS PRIVATE CHART LINK BELOW:
Any questions or concerns feel free to contact me!
Hope you all are well and happy hunting :)
Reg
הערה:
I updated my TA on how the market might move. Anything in $8k and below are great long term pricing. if you are in for a day trade go ahead and follow this chart.
Again, NBD if price action goes into red. Long term pricing is great. $25-30k BTC will be hit in Q2-Q3.
Again, NBD if price action goes into red. Long term pricing is great. $25-30k BTC will be hit in Q2-Q3.
6 days in since I created the TA! Timing and patience is what is required to be a successful trader and investor in any market!
Again, thank you all for the kind private messages. I truly appreciate all of the words and support. Keep it up guys and if you have any questions feel free to drop a comment and a like! That way the community can benefit as a whole.
GL and Happy Hunting.