Market Reactions in Last 3 U.S. Elections and BTC Target $95k!Let's look at how the market reacted in the last 3 elections!
- 2012: Obama re-elected ➡️ Initial stock sell-off over fiscal cliff fears, then strong rally post-deal. Crypto is mostly unaffected.
- 2016: Trump wins ➡️ Stock rally on tax cut & deregulation optimism. Bitcoin starts climbing, hinting as a "digital gold."
- 2020: Biden wins amidst pandemic ➡️ Stocks surge on stimulus hopes. Crypto enters a major bull run, with BTC skyrocketing as an inflation hedge.
🗝️ Elections = market volatility & opportunity!
Regardless of who wins, CRYPTOCAP:BTC will likely reach a new ATH by the end of 2024.
Altcoins will likely follow later. IMHO, alts are already heavily discounted. Even if BTC dominance rises and alts take another dip, it’s wiser to DCA into the weaker ones instead of selling near their high-timeframe lows.
Think twice before hitting that sell button. The next 6-8 months could be legendary. It won’t be easy, but the rewards will be worth it.
#BITCOIN UPDATE:-
BTC looks solid for now. There’s still a possibility for BTC to hit the $60K level if Kamala wins; it’s not certain, but it’s a topic circulating in the crypto space. This could act as a short-term downside catalyst, with bulls likely stepping in quickly, leaving a long wick below the resistance turned support.
A retest is underway on the daily, weekly, and monthly charts! I’m anticipating BTC to reach between GETTEX:82K and $95K by the end of the year.
DYOR, NFA.
Do hit the like button and share your views in the comment section!
Thank you
#PEACE
Btcupdate
BTC/USDT.P UpdateIf we ignore the election, we had a bearish weekly candle close this past week so I anticipate a sizeable pull back. If we considering election effects, usually the election week is bearish and then an unconditional rally comes soon after; typically it will last till the end of the year. If this pattern holds true, I would personally hedge a trade to profit on both sides. I'm still long term BTC bullish, but this week, I will consider shorting to hedge against my longs. I have marked a few places where I would take TPs on the short and DCA for my longs for you to reference. Trade safely! @Nate Alert
Bitcoin - The battle For a New All-time HighIn this video I discuss Bitcoins sudden rise to within a few hundred dollars of a new all-time high and what we might expect over the next weeks and months. I also discuss what events could prolong the battle for a new all-time high (the US election, wars).
I also look back at the struggle Bitcoin went through to breakout above the 2017 all-time high. I discuss the incredible consistency as fay as elapsed times between the last two market cycles. I share my view that I believe that Bitcoin is still following a 4-year market cycle and that I expect a market cycle peak sometime in late 2025 (baring a black swan event).
I also share my concern about the diminishing returns trend that Bitcoin has experienced over it's entire price history. My belief though is the trend will be broken this cycle, otherwise I wouldn't expect the price of Bitcoin to rise much further than 80K or so. However, I remain very bullish on this market cycle and beyond.
Lets hope that we can get through this election with as little drama as possible and that we have a decisive victory by one side or the other so that we can avoid a prolonged process that will rile up the markets. Anyway, I am remaining positive, I believe the next twelve months or so will be extremely exciting for the crypto markets, and I feel blessed just to be a part of it.
BTC : Riding Asia Open Volume to the Golden Zone TargetOn the 8-hour chart, I’m targeting an entry to capture potential volume influx as the Asian markets open. I plan to take partial profits along the way, with a target to reach the $71,000 zone, which aligns with the golden Fibonacci retracement level.
Fundamental Context:
This setup is influenced by the buzz around the upcoming U.S. Presidential Election and speculation around Donald Trump’s potential reentry, possibly fueling a “buy the rumor, sell the news” effect. Given the high-impact events surrounding this period, I’m managing risk closely, aiming for strategic exits to maximize profitability within this volatile environment.
Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.
2 Months Till BTC reaches 95kUPDATE!!!!
Hello Fellow Traders,
I hope That Everyone Follows This Forecast To make some big Profits!
Here is a Full Updated Analysis & Forecast For BTCUSD.
Right Now I'm Still Bearish on BTCUSD for Short Term, But When it Reaches Around 20K I will Look for a Long Term BUY opportunity!
The Best way to follow my Analysis is if the following conditions apply.
Conditions -
1. Wait for the Market to Show you some Rejection / Confirmation / Direction
2.Wait for confirmation(Price Action Confirmation Aka . Pinbar , Bullish or Bearish engulfing / Break of structure Aka Support Or Resistance)
3.Do your Own analysis! (Draw Trend Lines / Support & Resistance Zones / SND )
4.Always Use Risk Management (Risk 1% of your capital)
5.Entry Should be Made on The 4H Timeframe (Only if you have Confirmation)
6.Trade at own risk.
Let Me know if you have any Questions or Comments Below!
Please Support My ideas & Educational Posts with a Like and Comment ❤️
Link to chart
See You in the next Analysis!
Global Fx Education
#BTC URGENT UPDATE:- 66k or $71.3k?That’s a tough doji there. The breakout was impressive, but sellers stepped in, and volume has dropped in the high 70k range.
There's a liquidity zone around $66,300, which also aligns with a lower support level.
Price may consolidate around this level, giving altcoins room for a short-term rally on Monday and Tuesday.
Unless we break that $71378 in htf and ltf , these pumps can fail to sustain.
With US election week ahead, expect market indecision. Play it safe, if you’re new to the market, it’s best to avoid futures trades this week.
Wait for the event to pass if you value your capital.
dyor, nfa.
That's all for now.
Cheers
Do hit the like button if you like it and sharer your views in the comment section.
Thank you
#PEACE
Bitcoin vs Halving vs US Election DatesLook at the history. Bitcoin bull cycle start after Halving event & US election. So accumulation period is prior to halving event and we can sell bitcoin after 1 year from the date of US election. As of historical data, the best time to sell bitcoin will be around November, December 2025.
Disclaimer : The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a financial professional before making any investment decisions.
BTC Parallel Channel in Daily ChartOn the BTCUSD daily chart, we can observe that Bitcoin's price has been oscillating within a well-defined parallel channel. The upper trend line acts as resistance, while the lower trend line serves as support. This channel has been respected multiple times, making it a reliable indicator for future price movements.
Key Observations :
Resistance and Support :
The upper trend line has consistently acted as a resistance level, limiting the upward movement of BTC.
The lower trend line has provided strong support, preventing significant downward breakouts.
Price Action:
The price has touched the upper trend line many times, indicating a strong resistance level.
Similarly, the lower trend line has been tested few times, confirming its role as a robust support level.
Potential Breakout :
A breakout above the upper trend line could signal a bullish trend continuation, leading to higher price levels.
Conversely, a breakdown below the lower trend line might indicate a bearish trend reversal, resulting in lower price levels.
Technical Indicators:
To complement the parallel channel analysis, I have included the following technical indicators:
50-Day Moving Average (50 DMA): Provides a smoothed trend direction.
200-Day Moving Average (200 DMA): Indicates long-term trend direction and potential reversal points.
RSI (Relative Strength Index): Indicates overbought or oversold conditions.
Conclusion:
The parallel channel on the BTC daily chart provides valuable insights into potential price movements. Traders should watch for a breakout above the upper trend line for a bullish signal or a breakdown below the lower trend line for a bearish signal. Additionally, keeping an eye on the included technical indicators can help confirm these signals and enhance trading decisions.
Disclaimer : The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a financial professional before making any investment decisions.
BTC/USDT.P UpdateIf you haven't already, you might want to take advantage of this retrace to start building towards BTC ath breakout that is most likely coming in the near future. Here are some great DCA points you can take advantage of if that is what you would like to do. This is what I'm doing 😄
Trade safely, and remember to play on both sides! @Nate Alert
#BTC/USDT#BTC
The price is moving in a descending channel on the 1-hour frame upwards and is expected to continue
We have a trend to stabilize above the moving average 100 again
We have a descending trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 70500
Entry price 70500
First target 71700
Second target 72660
Third target 73712
Bitcoin need correction before to break new ATH?Hey guys!
Here is fresh thoughts about current BTC situation.
For me, looks like we had Elliot Waves with all this growing movement and can have some correction before to continue move up. Also RSI showing us that is need some cool off.
But volumes are growing and the MA cross is bullish here. So this correction can happen, but the movement can be not that big.
Lmk your thoughts in the comments 👇
Crypto Boom: Can Bitcoin Hit $117,189?This monthly Bitcoin (BTC) chart suggests a potential breakout above the key resistance level of $73,777, signaling a bullish momentum if it closes above this point. A target is set at $117,189, representing a projected 63.75% increase if the trend continues. Overall, a close above $73,777 could help confirm that Bitcoin has entered a strong bullish phase.
BTC H4 Bull Pennant FormingBTC/USD on the H4 chart is currently forming a bull pennant between a descending resistance and a horizontal support. The stochastic RSI is ready to swing back after a little more pullback.
Targets for the trade are the 2.236 and the 2.618 extensions of the previous high swing low. Targets marked with white horizontal lines.
Not financial advice.
Do your own DD.
Thanks for viewing the idea.
Comparing Gold and Bitcoin: Which is the Superior Hard Money?As economic uncertainty, inflation, and geopolitical tensions continue to rise, investors are increasingly turning to alternative assets like gold and Bitcoin as hedges against potential market downturns. Both assets have seen significant price increases in recent years, sparking a heated debate over which one truly qualifies as the superior "hard money."
Gold: The Timeless Haven
Gold has been revered as a store of value for centuries. Its appeal lies in its physical nature, scarcity, and historical track record as a reliable hedge against inflation. When economic conditions deteriorate, investors often flock to gold as a haven.
• Pros of Gold:
o Tangible Asset: Gold is a physical asset, offers a sense of security and control.
o Historical Performance: Gold has consistently proven its worth as an inflation hedge over the long term.
o Diversification: Adding gold to a portfolio can reduce overall risk.
o Global Acceptance: Gold is recognized worldwide as a valuable commodity.
• Cons of Gold:
o Storage Costs: Storing physical gold can be expensive and inconvenient.
o Liquidity Concerns: While gold is generally liquid, large-scale sales may impact its price.
o Opportunity Cost: Gold doesn't generate income like stocks or bonds.
Bitcoin: The Digital Gold
Bitcoin, a decentralized digital currency, has emerged as a disruptive force in the financial world. Its proponents argue that it offers superior qualities as a hard money due to its limited supply, cryptographic security, and potential for future growth.
• Pros of Bitcoin:
o Digital Scarcity: Bitcoin's supply is capped at 21 million coins, ensuring its scarcity.
o Decentralization: Bitcoin operates on a decentralized network, making it resistant to censorship and manipulation.
o Global Accessibility: Bitcoin can be accessed and traded by anyone with an internet connection.
o Potential for High Returns: Bitcoin's price volatility offers opportunities for significant gains.
• Cons of Bitcoin:
o Price Volatility: Bitcoin's price can fluctuate dramatically, making it a risky investment.
o Regulatory Uncertainty: Governments around the world are still grappling with how to regulate cryptocurrencies.
o Technical Complexity: Understanding and using Bitcoin can be challenging for some.
o Environmental Concerns: Bitcoin mining consumes significant amounts of energy.
The Hard Money Debate: Gold vs. Bitcoin
The debate over which asset is superior as a hard money often boils down to individual preferences and risk tolerance.
Gold proponents emphasize its tangible nature, historical track record, and global acceptance. They argue that gold's value is rooted in its physical properties and its role as a traditional safe haven.
Bitcoin advocates highlight its digital scarcity, decentralization, and potential for disruption. They believe that Bitcoin's unique characteristics make it a more suitable store of value in the digital age.
Ultimately, the choice between gold and Bitcoin depends on various factors, including:
• Risk Tolerance: Investors with a higher risk tolerance may be more inclined to invest in Bitcoin, while those seeking a more conservative approach may prefer gold.
• Investment Horizon: Long-term investors may benefit from both assets, as they have the potential to appreciate over time.
• Diversification: Both gold and Bitcoin can serve as diversifiers in a portfolio, reducing overall risk.
A Balanced Approach
Rather than choosing one over the other, some investors opt for a balanced approach by allocating a portion of their portfolio to both gold and Bitcoin. This strategy can help mitigate the risks associated with either asset and potentially generate higher returns over the long term.
As the global economic landscape continues to evolve, the debate over gold and Bitcoin is likely to intensify. Investors must carefully consider their financial goals, risk tolerance, and long-term outlook before making investment decisions.
BITCOIN: A Possible Rejection!!!BTC didn't hit the ATH but did rally as high as $73,620, aligning with our weekly analysis. The BRR pattern played out well.
On the weekly timeframe, BTC needs to break above the all-time high resistance to sustain its bullish momentum. A weekly close below this resistance could result in a possible rejection.
Looking at the daily timeframe, BTC is likely to face a rejection around the $68.8k to $69k range.
In my next update, I'll cover altcoins, so stay tuned and trade safely.
Setup for SHORT entry:
~ Entry: $72,800 to CMP.
~ Stoploss: $74,500.
~ Leverage: 10x.
~ Target: $68.8k.
Do your own research and analysis before investing.