Is bitcoin priming for 6 digit prices? This bullrun came out of nowhere and also did not give us the deep correction that we've come to expect from the previous bull/bear cycles. In fact, bitcoin managed to correct and accumulate inside the indicated range for an extended period, which is quite a feat considering the price per unit. This brings me to the conclusion that the correction is possibly over and bitcoin is ready to test ATH again. Also since the previous bear cycle was extended for a longer period (than what we know from history), it doesn't make sense to start another bear cycle right now. This reduces the probability for lower prices. What's even more strange and adds weight to the theory is that, it looks like (based on certain indicators) the next bull run has already begun!!
BUT!!
Bitcoin's strange MO is to always paint a green future ahead, just before dumping real hard. So take this one with a grain of salt.
Confirmation to look for:
The weekend is bullish and closes as indicated on the chart.
Trade will activate on confirmation!
Disclaimer: These are not trading signals. Trade at your own risk!
Beyond Technical Analysis
Bitcoin is FAILING! Why is Bitcoin the worst investment.Bitcoin is the worst investment. Where is the lambo? The price of Bitcoin in 2017 was $20,000 and the current price is $68,000 in 2024, so after 7 years, the profit is very poor - only +240%. So where is the lambo and where is the moon all the influencers are talking about? Clearly, you have been scammed. And I am not talking about altcoins, because the majority are down by 95% from their peak and will continue to 99% or to zero (rug pull).
Crypto technology is not new and nothing special. This technology was brought to earth by alien entities. Crypto technology is already used on thousands of different planets in the galaxy. In fact, crypto is another version of the fiat money printing system.
Where is the moon for Bitcoin? Clearly no where because the moon is a hologram and humans never landed on it. It's a hugs scam by NASA. The landing on the moon was recorded on Earth. It's not possible to physically leave Earth with current technology because the Van Allen radiation belt would burn your body. It's possible with advanced spaceships, but this technology is hidden and intentionally not available. It's also possible to leave Earth after you die or during sleep/meditation in non-physical form.
So is Bitcoin bad? Bitcoin is just another form of fiat money. If you like high inflation and money printing, then you can support Bitcoin. Bitcoin is a computer program, and as any program in existence, it can be modified or rewritten. There is no such thing as a fixed supply; they can increase the supply without any issues.
Why was Bitcoin brought to earth? It's part of the total control program. First bring electricity to earth, then microchips (computers), then the internet, then blockchain and AI. This technology is completely incompatible with the human body and causes major issues, which you can see around you - almost everyone is ill or has some kind of sickness. Maybe you didn't know that 100 years ago, there was no cancer, no diabetes, no anxiety, no common cold, almost nothing.
Why are those alien entities? You probably heard about Greys, Reptilians, Draconians, Mantis, and Insectoids. When you look at them, you will notice their ugly appearance. They are very ugly by nature. Their intelligence is extremely low compared to humans, and they take instructions mostly from the AI. That means they lost control over themselves. You may say that their technology is advanced, but this is a deception. Their technology is based on unsuccessful design and architecture. In core, they are outdated and actually very stupid. What they do is drain your life energy during sleep and use it to feed their AI machines. They also manipulate your dreams, causing nightmares at night, manipulating your thoughts, and causing sleep paralysis. For each like, one alien dies! Hit the like/boost button now. Thanks that you help humanity! Write a comment with your altcoin, and I will make an analysis for you in response.
Enhanced ATR Predicting Targets of $72,238-$74,119ATR setup is on a 1DAY TF while the chart reads 23HR TF.
Please view the long position ATR calculated targets.
Entry: $68,412
Stop: $65,668
Profit targets: $72,238-$74,119
TA setup:
ForexX Radar includes RSI, MA, and Stoch
ForexX Rate of Change, Trix, and Ultimate Oscillator are all combined.
ForexX Risk management helps understand the future
As prices change, ATR AUTO DETECTOR moves along with prices but the long position stays in place.
Who's ready for a new ATH?
Here is this other idea: $85K, The Real Deal since 6/24/24. This was calculated by using PIPS.
THE LEGEND: CANDLE SKEW ART TRADING “Every 5 candles reveal a directional shift—either up or down. The red skew label, starting at ‘1,’ marked the initial phases 1 and 2 wave crashes. My candle skew model projected a 5-candle downtrend starting from that first label. Observe how each downtrend phase aligned with significant price drops.
On the upside, each green skew signals a 5-candle uptrend, starting from the green label. The latest green sequence shows a powerful 5-candle rally, set to close on July 24, 2025. Notice the most recent green skew label with a long lower wick—a bullish signal and clear sign of rising momentum. There’s no red skew in sight, and with 1 day and 8 hours left, the next bullish candle is primed to bring a massive price wave.
If a skew color misaligns, it’s a reminder that no single signal operates alone. Price action, among other codes, is crucial for confirming trends. Each candle’s context must be meticulously analyzed to get the full picture. What I’m showing here isn’t just the details—it’s a view of the larger market forces at work, pointing to what lies ahead.”
FOREXX ENHANCED GANN SLOPE W/PULLBACK (DARKPOOL)Here’s a new piece of artwork using the Gann slope, which is signaling strong bullish momentum ahead. Dive into my Gann slope discussions to get the full picture! The Shark Fin ATR shows it's waiting for the big players to make their move, which could lead to a significant pump. My candle skew aligns with a 1-day timeframe, setting up a 3-bar countdown before we hit a pullback. The date range shows 2 bars because the count begins where the candle skew is located, indicating that Bitcoin is currently in a pullback phase, setting up for an upward curve. My moving averages work like pivot points, aligning perfectly with the Gann horizontal key level through my pivot detector.
Smart Money Master Pattern with ATR-Gann-Algo PatternAll price levels are displayed on the chart, with four Gann targets precisely aligning with the ATR-defined stop, entry, and profit levels. This analysis operates on a 1-day ATR compressed into a 4-hour timeframe for more granular detail. The algorithmic plotter has confirmed two entry signals. Notably, the yellow entry zone and the short-term "D" level have crossed above the MID "K" level. When Short D crosses above MID K, it signals a potential upward movement (buy signal); conversely, when it drops below MID K, it suggests a downward trend (sell signal).
Additionally, two red horizontal "True Value" smart money lines are displayed as trap zones, where institutional activity often anchors price action. Currently, Bitcoin is consolidating around the True Value line, signaling possible positioning by smart money. Watch for the red circles; these indicate points of volatility contraction, often leading to breakout moves. Two white contraction lines provide a structured trend channel, guiding price action within boundaries typically respected by institutional players.
The green and red blocks denote smart money contraction zones, revealing recurring patterns. I’ve included three key contraction points, represented by skull icons, which mark significant price compressions. These include two red horizontal True Value lines that signify potential trap zones. Red arrows highlight these True Value lines, providing clear visual markers for strategic positioning.
The three ATR levels represent precise price ranges for stop, entry, and profit targets. As this idea developed, the position has shifted from a long setup. This is a dynamic, auto-adjusting ATR, calibrated to move in sync with price action, adapting seamlessly as the market progresses.
The long position includes designated stop, entry, and profit levels, but the ATR-based stop, entry, and profit targets differ, reflecting shifts in price action. Since the ATR is dynamically calculated, it has adjusted away from the initial long position, continuously realigning with market movement.
THE WOLF on TradingView PIVOT POINTS; low and high which show to have a breakout above the blue MA. Simple strategy just like WAVE PHASE 2. Same pattern for phase 4.
I drew a $69K blue horizontal line which I don't see happening but in case it does. Here we know what to expect. for a later PULLBACK.
The phases I'm more concerned about, are the TSUNAMI WAVES.
BRUSHTRAD: Secrets of ART TRADING! (Pullback) Unlock the hidden layers where trading meets creativity. Dive into the brushstrokes of the market, where every trade is crafted like art!
ForexX_ATR-Bollinger-Shark-Finning: Master the Market Waves
The codes fuse ATR and Bollinger Bands to highlight key market moves. With adjustable bands and dynamic zones, it visually marks prime entry and exit points. The real power lies in its alerts—keeping you one step ahead as prices shift. Fine-tuned for sharp pullbacks and potential reversals, this setup becomes your edge, guiding us through the market with precision. Watch those zones closely—they reveal more than meets the eye.
Presidential Elections impact on Dollar and BitcoinThe U.S. dollar is key in global finance. It's used in trade and as a reserve currency. Presidential elections can greatly affect the dollar's strength.
Changes in leadership and policy expectations lead to currency swings. These swings show how markets view future economic stability and policies.
Historical Trends: Presidential Elections and Dollar Volatility
Presidential elections bring uncertainty to markets. Investors try to guess how the election will affect policy and interest rates. This uncertainty makes the dollar more volatile.
Here is how the DXY moved after the last 4 elections
Price action suggests that we could go higher short-term, then down. However, Im not trying to predict anything now. I would rather wait and then do my classic trading setups as usual.
Volatility can happen before and after an election. It depends on the clear result and policies the new administration will follow.
Election Cycles and Currency Movements: The dollar is more volatile during election years. But, this effect varies based on market expectations of each candidate's policies.
Historical Examples: In 2016, Donald Trump's win made the dollar rise at first. This was because of his pro-business policies. But, the 2008 election led to uncertainty and a weaker dollar.
Factors That Influence the Dollar During Elections
Several things affect the dollar during elections. These include:
Economic Policy Outlook: Markets watch candidates' economic plans. Policies that boost growth, like tax cuts, help the dollar.
Trade and Foreign Relations: Candidates' views on trade and foreign relations matter a lot. Protectionist policies might strengthen the dollar but could harm growth in the long run.
Federal Reserve Influence: The president's Fed picks shape monetary policy. Markets react to changes in policy, like interest rate shifts, which affect the dollar's value.
Market Reactions and Investor Behavior
Before an election, investors often wait to see what happens. This makes the dollar move as they adjust their investments. After the election, the dollar's value changes based on the new policies.
Currency as a Safe Haven: The dollar is often seen as safe during uncertain times. Even with U.S. risks, investors might choose the dollar for its stability.
Impact of Policy Announcements: The dollar's immediate reaction depends on the winning candidate's policy plans. Big spending plans can lead to inflation, weakening the dollar over time.
If we check COT data we can see that Non-comercials as well as commercials are both around 50/50 hedged.
Empirical Data and Case Studies
Studies show different effects of elections on the dollar, based on the economy:
2016 Presidential Election: The dollar rose after Trump's win due to his economic plans. These plans were seen as good for growth, leading to a positive dollar reaction.
2020 Presidential Election: After Biden's win, the dollar fell. This was because of expected big spending and low interest rates, which could cause inflation.
2024 Presidential Election: From a technical perspective, COT and seasonal tendencies. I think we could see push up but then the dollar is set for the deep dive.
While Bitcoin has only been around since 2009, it has already experienced several U.S. elections with discernible impacts:
2016 Presidential Election: The lead-up to and aftermath of the 2016 election, which saw Donald Trump take office, coincided with an increase in Bitcoin's price. The market anticipated regulatory easing and lower corporate taxes, creating a favourable environment for risk assets. Additionally, there was heightened uncertainty in global markets, leading some investors to consider Bitcoin as a hedge.
2020 Presidential Election: The 2020 election was accompanied by heightened political tension and economic uncertainty due to the COVID-19 pandemic. After Joe Biden’s victory, Bitcoin surged, with many investors perceiving the incoming administration’s stimulus policies as likely to increase inflation risks. This led to a major inflow of institutional investment into Bitcoin, pushing it toward new all-time highs.
This can also be positive for the Bitcoin. Overall I think the impact will be just short term, whoever wins we will see a rally as the global liquidity is rising and it's the main driver for the bitcoin
Long-term Implications
The long-term dollar impact of elections depends on policy changes. Initial reactions can be strong, but lasting effects are rare. They happen only if new policies significantly change the economy or global trade.
Conclusion
The U.S. presidential election has a big impact on the dollar. This is due to market feelings, policy hopes, and the economy's state. Even though short-term ups and downs are usual, the dollar's long-term fate hinges on the new administration's actions and the economy's performance.
Knowing how these factors work helps investors and policymakers. They can better prepare for and adjust to changes in currency markets during election times.
Thanks for reading
Dave FX Hunter
Bitcoin Cycle Repeat? 1 Year Bull Run Above ATH Ahead!In the chart above, we’re comparing Bitcoin’s current cycle with its previous cycle.
Bear Run (1 Year): The previous cycle started with a significant bear market that lasted exactly 1 year, characterized by a sharp drop in price from the peak.
Recovery Phase (2 Years): Following the bear run, Bitcoin spent 2 years in a recovery and consolidation phase, gradually building a support base and regaining momentum.
Bull Run Above ATH (1 Year): After consolidation, Bitcoin entered a 1-year bull run that pushed it above the previous all-time high (ATH), setting new records.
Current Bitcoin Cycle: The current cycle appears to be mirroring the previous one closely:
We’ve had a 1-year bear run, which aligns with the pattern seen in the previous cycle.
This was followed by 2 years of recovery, with the price consolidating and gradually strengthening.
If the pattern continues, we could be entering 1 year of a bull run above the previous ATH, starting now or very soon.
Based on this repeating cycle pattern, the current setup suggests that we might have 1 year of a strong bull market ahead, potentially pushing Bitcoin above its previous all-time high by late 2025.
Regards
Hexa
Buying Idea WBCWBC bouncing back from 50 day MV, with positive market sentiment could see this going back up from here. keeping a tight stop at 29.97 to see if this going to work.
DISCLAIMER : The content and materials featured are for your information and education only and are not attended to address your particular personal requirements. The information does not constitute financial advice or recommendation and should not be considered as such.
TSUNAMI PHASE 1 (BEACH TIME) Price over $80KPhase 1 (Beach time): While some of the retail traders are having a blast around the globe due to BITCOIN BEARISHNESS, it's time to hit the beach shore for a blast time.
Phase: 2 (EARTHQUAKE): many will wonder!
Phase: 3 (TSUNAMI WAVE): all will panic
1Mo timeframe shows PIVOT HIGH is next. Follow the pattern with cold hard facts. This isn't a failed rally because there is no indication here BITCOIN is headed to destruction, in fact, it's accompanied by a BULLISH HARAMI pattern. Once BITCOIN reaches PIVOT HIGH then comes the BOS.
THE ROCKET IS READY. It's waiting for BITCOIN to break resistance to start the rocket steam for liftoff.
My TRUE RANGE CANDLE INDICATOR is fully weighed by volume and so much more. It puts RSI out of business.
My reversal strategy works in a way to figure out a reversal based on MA's and PIVOT ZONES. It's been coded correctly for guidance which will not speculate but uses price action with a designed strategy
Please comment and like; thank you
BTCUSD 1H chartOkey, price have now reached the target. And ofcourse time then price will tell what happens next. We still have room for even more upside, and the expansion leg can be a manipulation leg before longterm bearish.
This is a breakdown at the daily FVG on the 1H timeframe, were I mentioned price possible could find its support to reach for the ATH (DOL).
Price came down to the blue daily FVG twice. The second time price took SSL, then made a BMS and left an OB, a FVG and a Breaker Block and all this after reaching for daily FVG, and the Extreme Discount (0.75 level). (This is the 2022 model)
Then price expanded once more and made a HTF BMS and came back to the bigger Breaker Block. Then expanded to the ATH/DOL.
Now I will wait and see what price will show.
//TtP
Have a good day =)
Future of KASPA!Hello, fellow traders!
KASPA is nearing to its support zone based on its ATL and swing movements.
If we can confirm the reversal here with the favorable outcome of the election, we might see a swing opportunity to 0.19 or even beyond.
We will also make sure to confirm the reversal first: if the price drops additionally before making its turn, this is not out of ordinary.
My approach mostly contains technical analysis, drawing lines and boxes in the chart. However, I also find understanding the background of the crypto (or any market product in this matter) equally important if not more. So I've done some research about Kaspa, and I've noticed a lot of comments in social media regarding its political stance, security budget issue and such. Here are my thoughts: I do not think these concerns should be overlooked, but I also appreciate the active responses and enthusiasm from the developers, and I think catching people's attention is already a positive part about this crypto.
Among all the cryptos I've traded (besides BTC, ETH, SOL), I think this crypto has some potential even when looked outside of the chart.
Back to the charts, we already see the price has risen by 10% after it touched the zone.
SUNWAY GOING FOR MARK UPSunway, very nice Re-Accumulation pattern
Shcematic #2 , The Rising Bottom
I have been actively collecting the stocks since 13/9/2024
I sold my position on 28/10/24 (Red Arrow)
And re-initiated my position today (Position as attached, Blue Arrow)
What attracted me with Sunway, is that, The price Contracting from the left side (Phase A) ->
towards the right side ( Phase D , probably)
-With vol evaporating
Very tight SL, risk priority
PureWyckoff
Another contrary move expected in AUDUSD; bullish Purge & RevertGreetings fellow traders!
Bullish Purge and Revert in progress in AUDUSD. The purging Daily candle's high is broken and we have the confirmation. Long till 0.66400 .
Here is the daily chart for reference:
There is something very important to be kept in mind. We have lots of important news drivers coming in, especially NFP and the US Presidential elections . Market behaviour cannot be expected to be perfect during such volatile times. Play it safe or don't play at all. Wait for things to quiet down .
This week and the next, stay safer.
Disclaimer- All content is for educational purposes only and not trading advice.
GBPUSD TP hitAs you guys probably know by now I post entries and results, win or lose.
In this case it's a win.
Overnight price shot down after TP hit which I'm glad I had my take profit set, account up by over 100%.
Look out for more posts as I will post all entries and exits. Good luck and
Good trading guys.
Bitcoin monthly analysisBitcoin will have targets with a price higher than $80,000, and as I stated in the previous analysis, Bitcoin will have to suffer and be priced steadily for 6 months, but at the end, we are close to it at this moment. , the price will increase, in this analysis, I target $74,000 to $75,000 for the first price increase.
Sasha Charkhchian