BTC to 15K USD - And The Importance Of Admitting When You Fail!
מעודכן
Hello my lovely Crypto-Family!
D4rkEnergY is back with a follow up on his bold prediction from yesterday, where he predicted that Bitcoin would reach 15,000 USD before April. Let me just say, that so far everything goes according to the plan.
D4 has illustrated all the Elliott Wave counts for you. The Primary, sub-waves AND the sub-sub-waves. So far we had a bit more than a 50 % Fibonacci Retracement of the whole Elliot Subwave-Cycle, which now has become the 1st Primary EW!
Everything is good, so far. And we now have a perfect opportunity to make a reversal, and go along with our EW3. If we don't manage to kick start this Wave and instead go lower, I have drawn how low we can allow our self to go before, this scenario will be unlikely or fail.
If we go to around 61,8 %, the green box (10,200 USD), the retracement would still be perfectly healthy, and our scenario is still in play!
If we go under this level (the yellow box) it would still be a healthy retracement according to Elliott Wave Theory, BUT seen from a psychological point of view, it would NOT be optimal, since it under these circumstances would bring too much FUD in the market. And therefore would D4s scenario be more unlikely to play out.
And finally. If we go down to the Red Box (9,200 USD) we would have an Elliott Wave Failure, and this scenario is COMPLETELY dead.
D4 has seen that a lot of people out there suddenly became bearish from one day to another, because we saw a price drop. That is human nature, but we have to look at this in a broader picture, which still make me bullish on BTC!
If D4 is wrong in this scenario, I will be the first to admit it!! Remember:
It's not how we make mistakes, but how we correct them that defines us!
D4 loves you ALL <3
PS. I will fly back to our HQ in Seoul tonight, and make everything ready to Wednesday the 14th. The Setup is soon ready for you guys, so we finally can have this crazy party we all are looking forward too. I have now got more than 700 messages in my mail and inbox. Sorry, but I cannot answer all of them. Please be patient. I promise when the setup is ready everything will be good :) Remember to HIT that LIKE-button :)
D4rkEnergY is back with a follow up on his bold prediction from yesterday, where he predicted that Bitcoin would reach 15,000 USD before April. Let me just say, that so far everything goes according to the plan.
D4 has illustrated all the Elliott Wave counts for you. The Primary, sub-waves AND the sub-sub-waves. So far we had a bit more than a 50 % Fibonacci Retracement of the whole Elliot Subwave-Cycle, which now has become the 1st Primary EW!
Everything is good, so far. And we now have a perfect opportunity to make a reversal, and go along with our EW3. If we don't manage to kick start this Wave and instead go lower, I have drawn how low we can allow our self to go before, this scenario will be unlikely or fail.
If we go to around 61,8 %, the green box (10,200 USD), the retracement would still be perfectly healthy, and our scenario is still in play!
If we go under this level (the yellow box) it would still be a healthy retracement according to Elliott Wave Theory, BUT seen from a psychological point of view, it would NOT be optimal, since it under these circumstances would bring too much FUD in the market. And therefore would D4s scenario be more unlikely to play out.
And finally. If we go down to the Red Box (9,200 USD) we would have an Elliott Wave Failure, and this scenario is COMPLETELY dead.
D4 has seen that a lot of people out there suddenly became bearish from one day to another, because we saw a price drop. That is human nature, but we have to look at this in a broader picture, which still make me bullish on BTC!
If D4 is wrong in this scenario, I will be the first to admit it!! Remember:
It's not how we make mistakes, but how we correct them that defines us!
D4 loves you ALL <3
PS. I will fly back to our HQ in Seoul tonight, and make everything ready to Wednesday the 14th. The Setup is soon ready for you guys, so we finally can have this crazy party we all are looking forward too. I have now got more than 700 messages in my mail and inbox. Sorry, but I cannot answer all of them. Please be patient. I promise when the setup is ready everything will be good :) Remember to HIT that LIKE-button :)
הערה
BTC dropped from 10,650 to 10,100 USD in no time. Directly through key support at 10,200 61,8 %. D4 has to admit, that he didn't saw that coming.FUD is in the air!
הערה
So we now know what caused this crazy fall in price. Rumors on Reddit and the hack on Binance were the reason. As I said, I will be the first to admit if my prediction was wrong, but of course no one can predict FA stuff like this will happen.This hack has created a lot of fear, uncertainty and disbelief (FUD). A bear flag has now also been created, and we might go even lower.
The scenarios is in principle still in play since we haven't had a EW failure yet, but it's obviously quite likely anymore.
Thank you guys for your love and support here in the comment and on PM <3
Love you all! Please give a like for more updates :)
הערה
Here is the update! INTENSE PRICE DROP! What Happened to Bitcoin? And Now What?
הערה
Sorry. Here is the link:הערה
Sorry guys, I was banned for 24 hours, so I couldn't publish charts or answerהערה
My other chart got banned, so here is the update.
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