Yes, nobody knows what will happen tomorrow, but based on patterns we can safely assume that BTC has overheated.
Enjoy the next few months fellas, it will be a ride, FOMO campaigns non-stop, don't get fooled, just play your day-trade, in and out, unless you are acquiring spot assets in which case HODL.
If I were you, I would wait for BTC to re-test the 47,000 area and then go short until 41,500, the rest is up to you.
This is not financial advice, just a prediction based on the audacity of bankers during the 2008 mortgage crisis and 2012 sovereign debt crisis.
Nothing is ever what it seems, but if you can use this prediction to your advantage, good for you. Enjoy. You're welcome.
Trade closed: target reached
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We’ve done it boys and girls. We knew that Tesla will be the source of this correction and it was, we thought it would come from the board, but it was Elon himself. What a game it is. FYI: everyone be on the watchout, stock market is about to correct big time, this correlates with BTC so watch out for July-October with a likely stretch to Dec for a nice mid-winter holiday reset. Enjoy. Safe trading. This was never financial advice.
This is the final update for this BTC prediction. Good luck have fun everyone.
If BTC: rises to 32k in the next 3 weeks and resists, we will see 25k again. If BTC: rises to 32k in the next 3 weeks and breaks, we will see 40k tap. If BTC: 29K in the next 3 weeks resists, we will see 20k tap. If BTC: 29K in the next week falls under 26.5k, we will see 18-19k tap. If: we continue to go sideways, then you can just expect 30% volatility range with no clear direction.
My personal bet would be to short at 31.5-33k, but that depends on the news cycle. We are either mid-way through this correction, or this will stretch until Q2 of 2022. Either way. It is still sideways. This means, identify short-term trends and don't get too greedy.
Good afternoon. I have been following your chart for the last few months and it is really spot on. Respect for your analysis ✨☀️
epiclegendaryman
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@Aruba-Sun 🙏 thank you for your support. You might want to have a look at the new updated BTC chart (which is a bit more detailed) linked below this idea. And as always friend, divide anyones advice including my own in half, and you should be good. Safe trading.
Aruba-Sun
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@epiclegendaryman, oh great, thank you for pointing that out, I had overlooked that. I’m gonna take a look right away.
Jaff999
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not bad for prediction at some month !
epiclegendaryman
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@Jaff999, we all get lucky once in a while, I just assumed based on the latter (see other comment replies). Not everything is ever as it seems. Thanks for your support brother. Peace. Safe trading.