#Bitcoin = Daily Analysis – Bear? = 21.10.2021 $BTC #BTC #crypto #cryptocurrency #investing #trading

Yesterday, the subscribers received this comparison chart and an alert that something was about to happen. Well, it happened. A very strong bearish Engulfing candle on the RSI breakdown from overbought. This is something to pay attention to. The engulfing typically does not require a confirmation and a move down in the following days is almost guaranteed.

If BTC continues down, just imagine what kind of bearish weekly candle it would form this Sunday. A Gravestone doji perhaps? Still three days to go.

While we had only a limited number of waves down, it has provided enough data to start charting the possible paths and perspective targets. Let’s dig deeper.

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Previous Analysis:

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This is the condensed Track Record of our most recent #crypto calls:

  1. $BTC – March 24 – call for imminent reversal, target $29000!
    This happened when $BTC was $52k and approaching the top, when the experts were calling for $100k and $150k next.
  2. $ETH – May 16 – call for strong decline, target $1700!
    This happened at the beginning of the decline when $ETH ws $3600 and everyone was saying it was a minor blip.
  3. $BTC, $ETH, $ADA, $LTC – July 21 – call on Bottom
    This happened on the day the cryptos formed a strong reversal combo and started rallying.
  4. $BTC – July 24 – call on the 10 consecutive green days
    This happened on the 4th day of the rally once we recognized a special pattern.
  5. $BTC – Aug 18 – call on Bottom
    This happened within minutes after the bottom, at 9:45 pm PST, when $BTC was $44250. It has rallied 10+% after the call.
  6. $BTC – Sep 6 – call on Top
    Within minutes after the top, at 10 pm PST, when $BTC was $52.5k. The next 10 hours it dropped to $42.1k, or 20%.
  7. $BTC – Sep 18 – predicted a strong reversal down two days in advance.
    $BTC dropped from $48.8 to $43.4, or 11%, in a matter of hours.
  8. $ETH – Sep 19 – forecasted a sizeable drop. In the next several days, $ETH fell 627 points or 19%.

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