BTCUSD D1: 22000 USD 65% correction WORST CASE(NEW)

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BTCUSD D1: 22000 USD 65% correction WORST CASE(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
IMPORTANT NOTE: speculative setup. use FIXED SL.

🔸 Summary and potential trade setup
::: BTCUSD one day/candle chart review/outlook
::: today we will do something different
::: correction in progress not over yet
::: and review ABSOLUTE WORST CASE scenario
::: for BTCUSD which is 65% correction
::: off the highs at 64 000 USD
::: not highly likely / although keep an open mind
::: via correction from HIGH/LOW
::: on the right summer 2019 A/B/C correction
::: HIGH/LOW was 65% correction
::: frin 13 600 to 4600/4800 USD
::: this is the WORST CASE scenario
::: typically BTCUSD will do 25/35% correction
::: before reversal
::: SEPTEMBER is WORST month last 10 years
::: for BTCUSD based on seasonality data
::: so message for the BULLS
::: stay out of this market in September
::: let's see the monthly close in September
::: then we can get the idea for the bottom
::: My BULL CYCLE target is still 150 000 USD
::: if we get a DEEPER correction still BUY LOW
::: overview of recent corrections in BTC below
::: January 2021 - 30% correction
::: Aug/Sept 2020 - 20% correction
::: summer 2020 - 20% correction
::: March 2020 - 60% correction
::: September 2017 - 40% correction
::: BUY/HOLD / do not expect miracle gains
::: lower probability scenario but
::: KEEP AN OPEN MIND
::: good luck traders!
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS/150 000 USD
::: Sentiment outlook short-term: BEARS/35 000 USD

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Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.

Comment:

worst case scenario aligns with 5 waves setup
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Comment:

overview of higher probability scenarios for this correction
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supplementary to above. just posted an update on CARDANO.
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