BTC – we warned you about the upcoming correction on 21.02

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Hi Guys,

On 21.02 we warned you about upcoming correction.

>>> <<<

We suggested you selling for the time being.

Did you do it?
Anyway, you should have done it.

Here is a description of the current situation:

• Whether or not it was a flash price drop – down we fall to $3800 (as marked in the analysis from 21.02)

• Currently, we got stuck between $3800 and $3880

$3600 is possible

Don’t re-enter until we break $4200 - $4300 level again

Technical indicators:

EMA broke down the Median which means selling

• Weis Waves – a significant decrease in demand.
A good thing is that we observe not much supply.

WBM BUY/SELL Indicator – the price was much saturated.
Unfortunately, there is room for further correction.

So traders. Don’t panic. Don’t lose your temper.

Although last day wasn’t the best in crypto we think it is just a few weeks away from the solid trend reversal.

Keep in touch.

Thank you for reading and your time.

Please write in the comment section if you sold your BTC before the current correction.

WBM Team
Comment: Here is the update on the current situation on BTC.
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Related Ideas

sell btc...time to short is now...bear is strong...
I don't think the low is in place at this stage, here's how I see it. BTCUSD H4 Update, Z down? Checkout the idea detail's and update's for the complete picture.
%10 is a correction !?

That’s why security commission is not giving on to crypto
So much manipulation
This is a truly a game. Whale game making money

U never see this in forex

Therefore TA means less in crypto

Cheers :)
+1 Reply
@meveme, So true
@meveme, thanks for sharing.
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