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

Long
BITSTAMP: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
::: current correction was 50%
::: WE ARE GOING UP NOW
::: correction is over
::: BULLS taking over
::: 30 000 USD WAS CYCLE LOW
::: BULLS still maintain control
::: based on past corrections
::: in 2017/2020/2021
::: THIS IS NORMAL
::: to get a 30-60% correction
::: if we get a 60% OFF HIGHS now
::: means CYCLE LOW is NEAR 25 000 USD
::: Expecting correction to complete (already)
::: near 30 000 USD JULY/AUGUST 2021
::: recommended strategy: BUY/HOLD 30K USD
::: recommended strategy: BUY/HOLD AT MARKET
::: TP1 BULLS is 150 000 USD TP2 BULLS is 300 000 USD
::: previous corrections listed 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
::: 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/150 000 USD
::: Sentiment outlook short-term: BULLS/50 000 USD

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