Bitcoin Surge Continues! TP 3 Hit, Eyeing TP 4 Next!BITCOIN (BTCUSDT) 4H time frame Technical Analysis:
Bitcoin (BTCUSDT) on the 4-hour timeframe shows a solid long trade with momentum intact. Price action has followed the upward curve supported by the Risological dotted trendline, providing a strong bullish foundation for the current rally.
Key Levels:
Entry: 61,732.3
Stop Loss (SL): 60,316.2
Target 1 (TP1): 63,482.7 ✅ (Hit!)
Target 2 (TP2): 66,315.0 ✅ (Hit!)
Target 3 (TP3): 69,147.4 ✅ (Hit!)
Target 4 (TP4): 70,897.7
Observations :
Bitcoin has already smashed through TP3, riding the wave of bullish momentum.
The Risological dotted trendline is acting as strong support, indicating that TP4 is highly within reach.
With TP3 completed, Bitcoin continues its bullish momentum. Keep an eye on the final resistance at TP4, as the price is showing no signs of slowing down!
Bitcoinprediction
BTCUSD I Forecast and trading plan Welcome back! Let me know your thoughts in the comments!
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Bitcoin Forecast 23-Oct-24Bitcoin increased as expected after decisive break above 65400 as specified in my previous report . The Resistance 1 provided around 68500 worked very well and trading down.
21 SMA at 64600 and 64370 (0.618 Fib Retracement)
Further down the 61300 acts crucial support (0.5 Fib Retracement).
Can buy at these support level if bouncing back strongly for target of 73700.
BTC Analysis: Waiting on the Next Move – $67,226 Bounce or Back Alright fam, here’s the scoop – BTC could pop up to $67,226 from here, but if not, we might dip back to $66K for a quick reset before heading higher. If things get dicey, we could slip to GETTEX:64K – and worst case, it drops even lower.
If you like the update, drop a comment or follow so I can keep bringing you more analysis on the markets you love!
Mindbloome Trading
Trade What You See
Bitcoin Q4 Surge Incoming? As institutional giants rally around Bitcoin, with MicroStrategy now holding $15 billion in BTC, analysts are predicting a potential move toward $85,000-$100,000 by the end of the year. Historical data shows Q4 is typically bullish for BTC, and this trend could continue with increasing institutional adoption and upcoming ETF approvals. 📈
📊 Key Levels to Watch:
Support: $62,000
Resistance: $71,000+
Don’t forget about the influence of macroeconomic events like central bank policies, which could further boost the rally! 🌍
Join the discussion: Will Bitcoin break its all-time highs this year? Or is this just the calm before a storm?
🔔 Upcoming Events:
October 24th: Key US retail sales report
October 31st: Fed interest rate decision
History is being made and people don't seem to care In the past week we've seen CRYPTOCAP:BTC amazing performance defying all the odds ( not mine obviously) and recovering what seemed to be a historical crash
Now we are seeing history being made Bitcoin will certainly make a new higher high surpassing the 74k level
It's just a matter of time, and it will be explosive (huge candles)
BTC Bitcoin UpdateIf you haven`t bought BTC before the rally:
nor sold the top:
Now Bitcoin could be positioned for a rally toward $69,000 as U.S. major stock indices hit record levels.
Historically, Bitcoin has shown a strong correlation with broader market sentiment, particularly during periods of risk-on trading.
With investor confidence growing in the stock market, crypto assets like Bitcoin may also experience increased buying interest.
Institutional investment could play a key role in pushing Bitcoin to new heights, especially with the favorable macro environment as GDP - in line with expectations today - and the recent 50bps rate cut.
BTC Long PushStrong buy trend as we can see, and a continuation pattern confirmed as price breaks out and retested before creating another break of structure to the upside. We are currently looking at another retest hopefully the buyers will take charge by the coming week and ride long to the monthly resistance at 71,269.16. Until then, Fingers crossed...
Bitcoin on the Brink – Bounce from 65,700 or Slip to 63,400?Alright, crew, Bitcoin is hanging right above 65,700, and it’s crunch time. If the bulls show up, we could ride this wave toward 67,800. If not, we might slip down to 63,400 for the next setup.
Key Levels:
Support: 65,700 – Bulls need to hold strong here.
Target: 67,800 – A break higher takes us back in the green.
Lower Zone: 63,400 – If the floor drops, this could be the next landing spot.
It’s all about momentum now—do the bulls have the energy to hold the line, or are we getting pulled down? Keep your eyes on those lower time frames to catch the next move.
What do you think—are we bouncing or slipping? Drop your thoughts, follow, and share if this chart gave you some clarity.
Mindbloome Trader
Trade what you see
BITCOIN - the road map !We will explain the market situation and what is happening in the currencies in this post
And why you should not sell even at 80k or 120k
This is the most important post I will write and share with you. I will return to it in the future to prove to you the truth of what I am saying.
As you know, 67-71k have accumulated very heavily and all the bears have gathered there and formed massive supply areas
Therefore, market makers are emptying this area and absorbing the existing supply, so you see the currencies falling or not moving because the whales are withdrawing liquidity from the currencies and directing it to buy Bitcoin
Also, professional traders and smart money will not enter at resistances and supply areas. They are waiting for a breakout of 73k and confirmation to move
Therefore, you see this great stagnation in the market and on all alternative currencies
Of course, there is something called floating supply, meaning that Bitcoin will rise to 80-90-100 thousand, and there are still bears selling strongly.
After breaking 100 thousand, selling will stop, bears will surrender, and Bitcoin's Dominance will stop rising completely. It is expected to stop at 60-61%.
After that, we will see levels of 130k -140k, and a correction of approximately 20-28% will occur for Bitcoin, but not for currencies, because a violent collapse will begin to acquire Bitcoin's dominance and transfer liquidity from Bitcoin to currencies. After that, Bitcoin will begin to rebound and currencies will begin to explode.
It is normal to see every week double and double and explosions everywhere, and currencies within a few months will hit 10x-20x-30x-50x-100x for each currency and its performance and strength. Here we are in the end of the bull market and at the end of the ALT season.
And you must know intuitively that this is what happens now is positive behavior.
Because we know that explosions don't happen in currencies, madness, FOMO, and memes explosions except when Bitcoin is close to achieving a peak and we all saw the March peak...
in march peak Currencies in some sectors such as AI and memes rose from 3x to 50x so Imagine the if new ATH IN BTC then
BEST regards Ceciliones🎯
Bitcoin Breakout or Pullback Zone Before Heading Higher? In this video we examine the current Bitcoin chart at resistance.
Most likely, we retrace here for a bit and then push higher into the next resistance zone of around $70k and possibly to retest the previous ATH zone @72k - 74k.
Lots of sell pressure at the previous ATH which can also be seen on the Total Market Cap, using our Order Block Detector.
Not much happening now and until we can find the money flow and volume to push up.
Many people likely waiting for the election on Nov 5th, which coincides with the market cycle low according to our Market Cycle models (based on Hurst's research).
Let me know your thoughts below, and please like the video.
- Brett
2025 is going to be a historic year for Bitcoin and crypto4 year cycle:
The Bitcoin Halving year coincides with US Election Years
Best time to buy Altcoins:
Q4 of 2012, Q4 of 2016, Q4 of 2020, Q4 of 2024, Q4 of 2028, Q4 of 2034
Best time to sell altcoins:
2013, 2017, 2021, 2025, 2029, 2035
Best time to buy the Bitcoin historic lows:
1st of January 2015, 2019, 2023, 2027, 2031, 2037
History is repeating itself!We accurately predicted the Bitcoin bottom when it was trading at $16,700, and now the price moved as we predicted.🚀
Below Idea posted on Jan 2, 2023
In the last two Bitcoin cycles, we experienced 365 days of bear markets followed by a 1064-day bull run from the bottom. Currently, we have completed 690 days of a bull run, suggesting we have almost one year left in this upward trend. Historically, Bitcoin has moved aggressively after each halving, reaching all-time highs (ATH). We anticipate a strong bullish move after October, and if history repeats itself, we could see a bull run extending until October 2025. BITSTAMP:BTCUSD BINANCE:BTCUSDT
Regards
Hexa
Is Bitcoin's Golden Cross Signaling Parabolic Moves Ahead?Disclaimer: This article is for informational purposes only and should not be construed as financial advice. Investing in cryptocurrencies is highly volatile and speculative, and it is essential to conduct thorough research before making any investment decisions.
Bitcoin (BTC), the pioneering cryptocurrency, has exhibited a remarkable surge in recent days, forming a bullish technical pattern known as a golden cross. This development has fueled optimism among analysts, who are predicting parabolic price movements shortly.
Bitcoin's price has consistently climbed over the past three days, reaching its highest point since July 29th. This robust uptrend has propelled the cryptocurrency to retest the psychologically significant level of $68,000, marking a substantial increase of nearly 40% from its August low.
The Golden Cross: A Bullish Signal
The formation of a golden cross occurs when a short-term moving average (SMA) crosses above a long-term SMA. This technical pattern is widely regarded as a bullish signal, suggesting that the underlying asset is experiencing a reversal from a downtrend to an uptrend.
In Bitcoin's case, the golden cross was formed when the 50-day SMA crossed above the 200-day SMA. This indicates that the cryptocurrency's short-term momentum has turned positive, potentially signaling a sustained uptrend.
Analysts Forecast Parabolic Moves
Encouraged by the golden cross and Bitcoin's recent price performance, analysts are expressing bullish sentiment and predicting parabolic price movements. Parabolic moves refer to rapid and exponential price increases, often characterized by a steep upward curve.
Several factors are contributing to this optimistic outlook:
• Institutional Adoption: The growing interest and adoption of Bitcoin by institutional investors, such as corporations and hedge funds, are seen as a significant catalyst for price appreciation.
• Macroeconomic Factors: The ongoing uncertainty surrounding global economic conditions and inflationary pressures is driving investors towards safe-haven assets like Bitcoin.
• Technical Indicators: In addition to the golden cross, other technical indicators, such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD), are also signaling bullish momentum.
Breaking Above the Falling Wedge
Bitcoin's price action has also been supported by a breakout above a descending falling wedge pattern on the daily chart. This technical formation suggests that a bullish reversal is underway, further bolstering the case for higher prices.
However, it's important to note that while Bitcoin has reached a new high, it has yet to close a daily candle above the resistance level of the falling wedge. A successful close above this level would confirm the breakout and increase the likelihood of further upward movement.
Conclusion
The formation of a golden cross and the breakout above a falling wedge pattern have ignited bullish sentiment surrounding Bitcoin. Analysts are predicting parabolic price movements as institutional adoption, macroeconomic factors, and technical indicators all point towards a sustained uptrend.
While the cryptocurrency's future remains uncertain, the current technical landscape suggests that Bitcoin is well-positioned for a significant price increase. However, it's crucial to approach investing in cryptocurrencies with caution and be aware of the inherent risks involved.