16%

in #um3 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
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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.

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