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BTCUSD D1: JUST BUY/HOLD: AN OVERVIEW OF RECENT CORRECTIONS

Long
COINBASE:BTCUSD   Bitcoin
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BTCUSD D1: JUST BUY/HOLD: AN OVERVIEW OF RECENT CORRECTIONS
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
::: BULLS still maintain control
::: we are right now in the correction
::: MODE until mid-March
::: based on past corrections
::: in 2017/2020/2021
::: THIS IS NORMAL
::: to get a 30-40% correction
::: Expecting correction to complete
::: near 38 000 USD by mid-March 2021
::: recommended strategy: BUY/HOLD 38K USD
::: TP1 BULLS is 70 000 USD TP2 BULLS is 75 000 USD
::: previous corrections listed below
::: January 2021 - 30% correction
::: Aug/Sept 2020 - 20% correction
::: May 2020 - 20% correction
::: June 2017 - 40% correction
::: September 2017 - 35% correction
::: BUY/HOLD / do not expect miracle gains
::: expecting recovery after we hit 38 000 USD
::: good luck traders!
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS/75 000 USD
::: Sentiment outlook short-term: BEARS/38000 USD

RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
Comment:
300+ likes already. appreciate your support guys!
Comment:
thank you for the overwhelming support, I appreciate it
Comment:
just published a follow-up setup in XLMUSD based on similar idea
Comment:
feel free to review
Comment:
XLMUSD D1: JUST BUY/HOLD: AN OVERVIEW OF RECENT CORRECTIONS

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