#BTC

Hello everyone! 👋
⚠️ This Publication will discuss the Candle Model that went unnoticed, as it was formed on the Weekly Timeframe 7D (1 Week), but starting from Friday, October 3rd, instead of Monday.
The week starting on Monday is generally accepted, but it is merely a system of measurement, so other Weekly candles also display Trading data taking into account the Activity of Sellers and Buyers for each of the 7-day periods.
No trading platform will show you the BTC price chart on 7D timeframes starting from other days of the week except for Monday, but when it comes to the risk of financial losses, no effective trading tools can be ignored. Therefore, no timeframe with different counting systems should be overlooked, and it is essential to analyze them.
Now to the point:
On the BTC Coin Value Chart on the 7D Timeframe from October 3 to October 9, ( inclusive), a "Falling Star" pattern was formed( a Bearish Hammer) in Green(. Green is usually weaker than Red, but not always), while the Candle structure is almost perfect ✅ except for a slightly elongated lower shadow.
The last time the "Shooting Star" pattern, but in Red Color, was formed on the 7D timeframe from August 11 to August 17, (inclusive), which caused the Digital Gold to drop from $124,500 to $107,250 by 13.9%.
If, when the value of BTC falls, the crypto market shows convergence and maintains the proportionality of amplitude values, then such a green pattern on the 7D timeframe can lead to a decrease in value to $108,000 within the next two to three weeks.
Protect your capital, especially that earned through hard work, by analyzing the market of Cryptographic Assets independently, and always be prepared for any situation, never forgetting to set a Stop Loss.
*Given the challenging situation in the world and the incoming alarming signals, it is possible that this month may witness a "Black Swan" event, which could trigger a more colossal drop in the value of cryptocurrency assets, and then the term "Uptober," which raises the "Greed Index," may turn out to be an unexpected "Bull Trap" for many traders.
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