Prediction: BITCOIN Will Reach 15,000 USD Before April!!
Updated
Dear Crypto-Family!
D4rkEnergY, everyone's favorite Top TA Author, is back again with one of his bold predictions! D4 is aware of there are lot of risk involved, making controversial Bitcoin-forecast like this. But do you think that D4 is afraid of anything? He is not! He is different. He is one of a kind. He is unique!
So let's jump in. We are here taking a look at the 4H BTCUSD Chart. First of all I want to say that the 55 % scenario was ridiculous spot on all the time, until now. We just had a minor Sub-wave failure, where the 4th sub-wave retraced more than 50 % and down in the 1st sub-wave price territory.
But guys, that is part of being a trader. Every day, every hour, every minute, every second we will get new data, and if you want to become a good trader you must be prepared to adjust to new circumstances.
So this prediction is based on historical data, Elliott Wave Theory and Fibonacci ratio Relationship. As you can see I've used Trendbased Fibonacci extension tool to determine our targets!
In purple we have our EW Subwaves, and are right now in the middle of an C-down correction. At this moment we have so far had a 38,2 % retracement of the EW Subwave Cycle. Usually we want more. And we might go down to a 50 % retrace, where we also have support from EMA200, which is equal to 10,5k.
In this scenario we will hereafter be on EW3 (Primary) and we will easily go up again and test the inverse HS Pattern and get through. Due to the new trust in the market, we will hereafter go to 13,5k (maybe higher), and have a 38,2 % retracement back down to 12,5k. We might have a bigger correction to 12k, if we only have a 38,2 % retrace on the 2nd primary EW.
And then.... Next stop: 15,000 USD!
See you on the moon, guys!
D4 loves you <3
PS. I would be glad if you gave me a BIG LIKE! Please also follow for more. Thx in advance <3
D4rkEnergY, everyone's favorite Top TA Author, is back again with one of his bold predictions! D4 is aware of there are lot of risk involved, making controversial Bitcoin-forecast like this. But do you think that D4 is afraid of anything? He is not! He is different. He is one of a kind. He is unique!
So let's jump in. We are here taking a look at the 4H BTCUSD Chart. First of all I want to say that the 55 % scenario was ridiculous spot on all the time, until now. We just had a minor Sub-wave failure, where the 4th sub-wave retraced more than 50 % and down in the 1st sub-wave price territory.
But guys, that is part of being a trader. Every day, every hour, every minute, every second we will get new data, and if you want to become a good trader you must be prepared to adjust to new circumstances.
So this prediction is based on historical data, Elliott Wave Theory and Fibonacci ratio Relationship. As you can see I've used Trendbased Fibonacci extension tool to determine our targets!
In purple we have our EW Subwaves, and are right now in the middle of an C-down correction. At this moment we have so far had a 38,2 % retracement of the EW Subwave Cycle. Usually we want more. And we might go down to a 50 % retrace, where we also have support from EMA200, which is equal to 10,5k.
In this scenario we will hereafter be on EW3 (Primary) and we will easily go up again and test the inverse HS Pattern and get through. Due to the new trust in the market, we will hereafter go to 13,5k (maybe higher), and have a 38,2 % retracement back down to 12,5k. We might have a bigger correction to 12k, if we only have a 38,2 % retrace on the 2nd primary EW.
And then.... Next stop: 15,000 USD!
See you on the moon, guys!
D4 loves you <3
PS. I would be glad if you gave me a BIG LIKE! Please also follow for more. Thx in advance <3
Note
We are falling lower, which so far confirm this new scenario I made! It's better we get a 50 % (or more) retracement of the Elliot Subwave Cycle than 38,2 %.Let's see if we can find support around the EMA200!
D4 is everywhere
D4 predicts everything
Remember to give a like for more updates! :)
Note
Se we fell down to 10,560 USD (look at the wicks). Between EMA100 and EMA200 which is EXACTLY the 50 % Fibonacci Retracement Level, which is according to Elliott Wave Theory preferable the minimum we want to retrace of the the whole Elliott Wave Cycle.Look at the last 2 candles. Almost no body, only long wicks. Also take notice of the MACD. Bears are losing momentum, and the RSI is starting pointing upwards.
It could be a reversal, but the bears are still strong, and can if the bulls put a lot of volume behind very soon we can fall to 61,8 % retrace.
Everything is still going according to the plan, and this scenario! When we have the exact reversal point (EW2), we can adjust a bit, but we will still reach 15K before April!
First when we go under 9,300 USD we have an EW failure, and this scenario will be out of play!
D4 will follow up on this later! D4 loves you! <3
Remember to give a LIKE for more updates. Really appreciate it! Thx friends.
Note
We are witnessing a crazy fight now between the bulls and the bears! We have strong support from 50 % retrace and the EMA200, but they bears don't give up.If they manage to go through the next support level will we around 10,2k where we have the 61,8 % fib retrace level. It will not be a disaster if it happens. It would still be a healthy correction of the Subwave EW cycle.
But.. One negative thing about would mean, that people might feel FUD.
D4 will follow up on this later :) Please give a like!
Note
Let's hope for a reversal here! The Bulls have every opportunity to it now. As you can see we are done with the C-down correction. We have 5 sub-sub-waves inside.The RSI is oversold, and we might soon see a bullish MACD-Cross. I am concerned about the volume though. We NEED more volume.
And the inverted hammer on the last candle is not a good sign for the bulls. The bears are still out there and want us to go lower.
Please give a LIKE for more updates! <3
Note
The Update is here. Enjoy, my friends :)
Note
So we now know what caused this crazy fall in price. Rumors on Reddit and the hack on Binance were the reason. As I said in my other chart, I will be the first to admit if my prediction was wrong, but of course no one can predict FA stuff like this will happen.This hack has created a lot of fear, uncertainty and disbelief (FUD). A bear flag has now also been created, and we might go even lower.
The scenarios is in principle still in play since we haven't had a EW failure yet, but it's obviously not that likely anymore.
Thank you guys for your love and support here in the comment and on PM <3
Love you all! Please give a like for more updates :)
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