So on Dec 25th, I said that BTC is bearish and exactly said, the price will reach 16k$ before crashing.... well its following my idea exactly.
Here is the previous idea that was done on the 25th:
So lets ignore the past and move on.
The common question right now, is when do we buy back? I have placed in two lines which are strong support regions that should be able to hold the correction and reverse the downtrend.
If it goes below both lines I would sell everything and stay in USDT till the market is clear. (I doubt that it will go down more, but just in case).
DCFreak
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In the month I have joined the tradingview community I have given the following successful signals some of which went 200%+ within few days of the call. All of which reached the targets:
EMC FACT ADA XLM RLC XRP NLG LUN XVG NXT DGB SIA DOGE NAV BTC
Signals that didn't reach targets yet:
Vcash FLDC 1st
Which I believe will reach the target after the BTC correction, when they do I can proudly say that I have a 100% accurate signals.
DCFreak
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Here is a quick update:
There are two downtrend regions that bitcoin got to break from before confirming an uptrend.
These two downtrends are shown below:
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All new updates will be posted in this new idea:
Operación cerrada: objetivo alcanzado
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52% if you bought at the levels indicated from 7800$ to 9500$ then from 5900 to 9000$
i follow you since you've joined here. i read your post about huge correction when it was published at first in december. congratulations for on target comments. do you have the same idea that btc will go down untill $5000 - 7000 level?
DCFreak
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@SelcukDrinkwater, it doesn't seem that the current support is holding and the next support is the 8.5k one.
DCFreak
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@DCFreak, we will have to see how the 8.5k support holds before moving in to lower ones.
SelcukDrinkwater
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@DCFreak, Thank you so much again! let's see what happens together. maybe, this is a real huge correction
EmiliaCb
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So, is it possible BTC still going down bellow $8500 in the next 4 hours?
DCFreak
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@EmiliaCb, Yup. Said it a month ago and still believe that it will go there. If anything changes and market reverses I will update this post.