Bitcoin will plunge straight down on October 8 📉, falling to the 83,000 level and precisely taking out long positions’ stop-losses 🩸
What do you call a spot-on prediction? When it will fall, how it will fall, and how far it will drop—I laid it all out for you in a post published publicly across the internet. Who else can compete with me? 🤑
Hello, my friends. Just as we said yesterday, after Bitcoin failed to break through to a new high above 87,000 last night, it chose to plunge straight down today. You can take a look at the article we wrote last night: when it would fall, what the move would look like, and where it would reach—we explained every detail in the article. First, we thought that if it couldn’t break through 87,000 last night, it would fall today. We also said directly that it would be a straight drop, not a series of intermittent bounces and declines. And so far, Bitcoin has plunged straight down from 86,500 to 83,000. Now take another look at the 83,000 level—we also mentioned it in yesterday’s article. We said Bitcoin would plunge straight down to 83,000 today. We clearly laid out both the form of the decline and the level it would reach. We opened this short position near 86,600. Today, with the price down to 83,000, we’ve made 3,600 points in just 24 hours. Everything was public, posted in advance, and you’re welcome to verify it anytime.
As for what comes next, we believe that as long as this straight-down move doesn’t break below 82,000, it can be seen as a rapid plunge intended to clear out long positions’ stop-losses. In other words, we believe that any decline before the price breaks below 82,000—especially a straight drop like this—is just meant to trigger stop-losses on long positions. That makes the probability of a subsequent reversal to the upside very high. So I still recommend that those of you near 83,000 consider entering a long position with a small stop-loss. If this long position rises, we’ll have completed a long-and-short double win on this move: short from 86,600 to 83,000,
then reverse and go long at 83,000. That would make this the second time in a row we’ve profited from both directions in the past week.
What do you call a spot-on prediction? When it will fall, how it will fall, and how far it will drop—I laid it all out for you in a post published publicly across the internet. Who else can compete with me? 🤑
Hello, my friends. Just as we said yesterday, after Bitcoin failed to break through to a new high above 87,000 last night, it chose to plunge straight down today. You can take a look at the article we wrote last night: when it would fall, what the move would look like, and where it would reach—we explained every detail in the article. First, we thought that if it couldn’t break through 87,000 last night, it would fall today. We also said directly that it would be a straight drop, not a series of intermittent bounces and declines. And so far, Bitcoin has plunged straight down from 86,500 to 83,000. Now take another look at the 83,000 level—we also mentioned it in yesterday’s article. We said Bitcoin would plunge straight down to 83,000 today. We clearly laid out both the form of the decline and the level it would reach. We opened this short position near 86,600. Today, with the price down to 83,000, we’ve made 3,600 points in just 24 hours. Everything was public, posted in advance, and you’re welcome to verify it anytime.
As for what comes next, we believe that as long as this straight-down move doesn’t break below 82,000, it can be seen as a rapid plunge intended to clear out long positions’ stop-losses. In other words, we believe that any decline before the price breaks below 82,000—especially a straight drop like this—is just meant to trigger stop-losses on long positions. That makes the probability of a subsequent reversal to the upside very high. So I still recommend that those of you near 83,000 consider entering a long position with a small stop-loss. If this long position rises, we’ll have completed a long-and-short double win on this move: short from 86,600 to 83,000,
then reverse and go long at 83,000. That would make this the second time in a row we’ve profited from both directions in the past week.