16%

in um •  3 years ago  (edited)

ferrero-kinder-surprise.13103.0.1581081698.100.jpg

Life is full of surprises. It's like a kinder egg. What's in the center of what you bought? Sometimes, we just do not know what is in the center of all this matter.

16% Drop for Bitcoin? Seems likely.

PSX_20211013_145914.jpg

Hello, This is Gungho.
No point for alarm, but I'm sniffing a 16% drop in Bitcoin over the course of the next 15 days. Of course I could be wrong, but it sure seems possible. The btc chart is on the Upbit exchange in order to see the Korean price.

Target price: 58,500,000원입니다.

Dollar Chart

20211013_115309.jpg

On the BTC/USD pair, I can see what might happen. I'm guessing Bitcoin could go back up on October 31st, Halloween, Bitcoin's Birthday. However, depending on the market's reaction to the 16% drop, it could trigger an event of massive selling, especially if there is a so-called "black swan event". 🤔

Target price: $48,625

20211013_122226.jpg

## Altcoin Marketcap Chart

1634104977514.jpg

A few days ago, this scam wick went down 16% on the altcoin marketcap chart. That's how I knew it would fall. Now the puzzle pieces come together, and now I can come to a conclusion that there will be a minimum of a 16% drop in Bitcoin.

BTC 30min Chart

PSX_20211013_150528.jpg

Temporary bounce at $51,947

artworks-RMAvcw7Gz3DdOyFP-HCy3Pw-t500x500.jpg

But beware, it most likely will be a dead cat bounce

Image source
♡♡♡♡♡♡♡♡♡♡♡♡

Remember. If Bitcoin drops 16%, then the alts will drop doubly hard. That's a 32% drop for the alts.

Harmony ONE

1634104970588.jpg

Harmony ONE has a 32% drop to fulfill, as it has a humungous, massive head and shoulder pattern.

Trade safely.

☆Every chart posted here is my own created chart. and also MY IDEA.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Great Post Keep it up. if you haven't get the free steem or Hive prize, worth atlast $400 based on your steem or hive profile reputation you should get it ASAP, Maybe few days left for their airdrop learn about it more here: Bittorrent Grand Prize Signup