So I looked at every single major correction that happened to BTC in a log scale and interestingly all of them had a similar behavior:
is all about possibilities, and this idea is one of the possibilities based on previous corrections.
I know the majority are saying correction is over 30k$ here we come, which is one of the possibilities that I respect.
If it drops further we will be looking at something in the range of 5 to 8k$.
The reason why the price follows the pattern below:
Is because the rebound is called bull trap, and this is to convince people that the correction is over and make them buy back, while in reality its a chance for whales to sell all of their coins to us.
Again, this is just a possibility.
Next cycle will take us to a new all time high. However, for now a correction is needed to bring in new investors. Will keep you all informed with any changes to the plan.
These coming few days will be crazy!! (Crazy either way, like if it goes up, it will go to 25k$!!! and if it goes down, it will go to 5.6k$) Either way... its great!!
Exactly following the idea.... When to buy? around 8k or 7k
Could go down to 5700$... all depends on what will happen in the next few hours.
This is just based on previous data. No MACD, FIB, Cloud or anything.
I hope you're wrong, OR we get to 18k before some correction down to 11k 10k or even 8k.
It also seems likely since everyone is euphoric and crazy (The binance "TRON" night when they were down for upgrades was completly insane), so maybe a major crash is bound to happen?
Many scenarios seem likely, this is hard.
I think we better off not taking big risks using careful stop losses and checking prices and strength regularly.
That said, looking forward to your next non-shitcoin idea.
I have tested it myself with a transaction that took 11 hours but after paying it was received in 1 hr.
BTC.com cost about 100$, 800 is really over priced.... BTC.com doesnt give you an option to choose how fast. its within 1 to 4 hours I believe no matter how much you pay.