Post
Topic
Board Speculation
Re: Bitcoin is going for a Big correction
by
MegaAnalysis
on 19/06/2019, 21:29:52 UTC
A correction was two years ago, from $20k to $3k. The correction will happen again when bitcoin goes over $100k and drop back to $30k. Everything before or after is just normal fluctuation in crypto market. Price change direction all the time, but people still act surprised when the price goes in eaither way. I don`t bother with that anymore, same like I don`t bother with newbies and so-called experts sharing their predictions, make your plan and don`t let anyone deconcentrate you.
Just get rid of those kind of so-called experts into this market because it has nothing to do with your own trading analysis but rather a be a distraction.
No one on this market do have that kind of precise predictions and I agree on the fact that price correction is an inevitable for this kind of speculative market.

Yes, sure. If any if my predictions are proven wrong then no one should follow my trading advice ever. But what if I am right? Wouldn't it be a sheer bias not to accept my expertise then?

I am NOT insisting anyone to follow my trading advice.  It's everyone's own freedom of choice and financial decision. My advice is only for those who are interested in my advice and would note down my predictions now and then counter-verify those in next 2 weeks to see if I was right or wrong. It's as simple as that. I will lock this topic untill people are able to verify the correctness and authenticity of my Bitcoin price predictions. You see, it's just a matter of time.

For simplicity and ease of everyone who is taking my advice seriously,  here are my predictions for the Bitcoin price till the end of next week:


1) Bitcoin price right now is $9190. Right now is the time to buy Bitcoin for the short term. I have myself bought back around $9095 for this upcoming short-term rally. The price is going to rise up from here by at least 8% to 20%.This should happen in next 24 to 96 hours.    

2) After this upsurge, bitcoin will move into a downward trend which will be spread over several days to come and will be significantly larger than 20% (downward correction).

This is the outcome of my thorough technical and fundamental analysis.

Please note that uptill now, not a single prediction of mine in this forum has been proven wrong, rather 1 prediction has been proven correct as follows:
When price suddenly dropped from 9450 to 9050, I told my fellow investors in this same thread above that there is nothing to panic about even if price drops below 9000, because price will recover and that it was just a dip. I have been proven correct, as you can see, price did go all the way down to 8930 level and then recovered. It was just a dip, not a big correction.



Now please wait for my other two predictions to be proven correct, before giving any judgment about my analytical techniques. I know that even after I am proven right on my other two predictions mentioned above, some people will probably still say that it had happened by chance (a fluke). I have nothing against them.

Thank you for reading my posts. Those who are buying and holding right now between 9000 to 9200 are going to get very happy in coming days!!!