Ironical Bitcoin prediction to $8000 was actually $16,000

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
So many News of Fear uncertainty and doubt (FUD) has misled weak hand traders into dumping BTC             hoping to buy back at $8000 or less. This was actually and ironical statement and prediction for whales to chase off weak hands which will result in missing out in the next bull run of bitcoin             .

Looking at my technical indicators. the so called $8000 prediction didn't seem possible and this might cause a Fear Of Missing Out (FOMO) on the next bull run. The bears are tired of pushing the price down and might soon be going into hibernation in the month of February.

With South Korea which have begun to accept cryptocurrency and trading due to the set regulation. This might push BTC             price higher than we expected... Brace yourself and stock your favourite cryptos.

lets take a look at bitcoin             USD chart and prove the $8000 prediction wrong.

Bitcoin             has completed its ABC correction according to Elliot Wave with maximum support level at $9600.

MACD is in a very good buy position and gradually diverging upwards to the moon.

suggested buy zone is from $9600 to $12700. Hold recommenced until you feel its ok to sell. nevertheless, i will also share a sell signal as soon as detected.
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