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BTCUSD D2: JUST BUY/HOLD: 3 SCENARIOS FOR CORRECTION (NEW) 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 2 dayS/candle chart review/outlook ::: current correction is 50% already ::: which is already pretty EXTREME ::: correction in progress not over yet ::: overview of primary scenarios for the ::: correction expect 55%/62%/75% correction ::: 20 000 USD is an extreme outlook for BTCUSD ::: not highly likely / although keep an open mind ::: 25 000 USD likely cycle low for BTCUSD ::: BULLS still maintain control HIGH TIMEFRAME ::: based on past corrections ::: in 2014/2017/2020/2021 ::: THIS IS NORMAL ::: to get a 30-60% correction ::: if we get a 62% OFF HIGHS now ::: means CYCLE LOW is NEAR 25 000 USD ::: Expecting correction to complete FEB/MARCH 2022 ::: near 25 000 USD March 2022 ::: recommended strategy: BUY/HOLD 25K USD ::: recommended strategy: BUY/HOLD AT after correction ::: TP1 BULLS is 50 000 USD TP2 BULLS is 75 000 USD ::: My end of year 2022 target is 100 000 USD ::: here's a list of recent correcions BTCUSD ::: Spring /Summer 2021 - 50% correction ::: 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: BEARS/35 000 USD
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