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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
OANDA:BTCUSDLong
by Cryptorphic
10
Is this Bitcoins Local TOP?I know you missed CRYPTOCAP:BTC and want to FOMO again. You might have a great chance soon to make great gains with #Altcoins. If you will be patient and follow the plan. Here is what I think will happen soon: 👇 The "OTHERS" indicator (top 100 alts, excluding the big 10) hit a weekly high in October—red line above 80. Since then, it’s been slowly trending down. But the story isn’t over yet... 🚀 Numbers don’t lie. Just look at what played out during the same cycle phase last year: 👇 We’re in a nearly identical cycle now. You choose now. #Altseason #AltcoinGems #Bitcoin #BTCUSDT #TradingView
BITSTAMP:BTCUSDLong
by TheStrategyMaster
2
Ethereum's Fading Dominance: A 2023 Trend That Could ContinueEthereum's relative strength against Bitcoin has been waning throughout 2023, and technical analysis suggests this trend may persist. A Breakdown in the Making Ethereum (ETH) has been showing signs of weakness relative to Bitcoin (BTC) throughout 2023. This trend and a recent technical breakdown suggest that ETH/BTC could continue its downward trajectory. Key Technical Indicators 1. Relative Strength Index (RSI): The RSI for ETH/BTC has been declining, indicating a loss of momentum in Ethereum's price action relative to Bitcoin. 2. Moving Averages: The 50-day and 200-day moving averages for ETH/BTC have crossed over, forming a bearish "death cross" pattern. This pattern often signals a potential downtrend. 3. Support Levels: ETH/BTC has struggled to hold onto key support levels, suggesting that selling pressure is increasing. Why is Ethereum Losing Ground to Bitcoin? Several factors may be contributing to Ethereum's relative weakness: 1. Network Congestion and High Fees: Ethereum's network has been plagued by congestion and high transaction fees, particularly during periods of peak demand. This has led to a decline in user experience and network adoption. 2. The Rise of Layer-2 Solutions: While Layer-2 solutions like Arbitrum and Optimism have helped alleviate some of the congestion issues, they have also fragmented the Ethereum ecosystem. 3. Competition from Other Smart Contract Platforms: Other smart contract platforms, such as Solana and Cardano, have been gaining traction and challenging Ethereum's dominance. 4. Bitcoin's Growing Institutional Adoption: Bitcoin has been increasingly adopted by institutional investors, who view it as a store of value and a hedge against inflation. This increased demand for Bitcoin could be driving capital away from Ethereum. The Potential Impact of the Merge The Merge, a significant upgrade to the Ethereum network, was expected to improve network efficiency and reduce energy consumption. However, the impact of the Merge on Ethereum's price performance has been mixed. While the Merge may have long-term benefits for the Ethereum ecosystem, it has not been enough to reverse the short-term trend of ETH's underperformance relative to Bitcoin. Conclusion Ethereum's relative weakness against Bitcoin is a concerning trend for ETH holders. The technical indicators suggest that ETH/BTC could continue to decline in the coming months. While the Merge was a significant milestone for Ethereum, it may not be enough to offset the challenges facing the network. Investors should closely monitor the price action of ETH/BTC and be prepared for further downside. Disclaimer: This article is for informational purposes only and should not be construed as financial advice. Please conduct your own research or consult with a financial advisor before making any investment decisions.
Short
by bryandowningqln
BITCOIN - why I expect (120K -130K) is a peak of this cycle My wish is to reach $200k but I have a reason and I would like to share it with you. The reason is related to historical and time assumptions and it is the core of the markets (logarithmic movement). 🔸Here are some statistics: - Bitcoin's decline rate in 2014-2015 was 87% - The decline rate in 2017-2018 was 84% ​​(3% small difference). - The decline rate in 2021-2022 was 77% (difference 7%) 🔸 - Why did 2022 record a lower rate? Because of time Yes, because it rose to a close to the top with a slight difference early and had a full year until the end of the cycle, so it reached 64,000, then fell 55% and returned to rise 140% and formed a double top from this movement and ended its cycle on time in November 2022, as the oscillation process took 7 months on two sub-waves before the end of the cycle, so achieving the top before its time is important to settle the rest of the calculations. But the two cycles 2014-2017 because the rate of rise was flexible and had space, it achieved large ascending rates and from there it fell directly without oscillation. And we said with the passage of time and the stability of the cycle every 4 years and also we have decreasing peaks and bottoms, it will definitely work on oscillation when it achieves the main peak until the cycle ends. 🔸 Notice in blue the formation of the peaks and how they were different in 2021-2022 on M shape and indicator of exploiting the time period until the end of the cycle, which is expected to happen in this cycle for a long oscillation and the formation of more than one peak until the time ends and it falls. 🔸Ok now it has a very long time until the end of the current cycle which will end in November - December 2025 we are talking here about a whole year what will it do? From this point of view everyone has seen the majority's expectations that it will rise to astronomical numbers 500k and a 1M we all hope for that but the reality is different. So I currently expect 120,000 - 130,000 a major peak in which I guarantee myself not to enter into high assumptions and risks. But be careful here an important condition must be met which is the basic sign of the end of the rise of Bitcoin .. 🔸 What is it? (The explosion of ALTS to the point of hysteria and here we say that the peak has been achieved). This means that the violation of expectations and their conformity lies not in the rise of alternative currencies but in a crazy explosion regardless of whether the price of Bitcoin is higher or lower than my expectations. 🔸Okay, is there any objection to Bitcoin going to 200k and 300k? Of course the answer is no in a restricted way, meaning that Bitcoin rises at a sharp angle like 2014-2017 and takes advantage of the entire cycle time, so it will naturally achieve those numbers, but it conflicts with the behavior of the logarithmic movement between price and time. 🔸Final point: The percentage of the decline in the next cycle will be less based on past data. If we assume that the percentage will be between 65% and 60%, and considering that the main bottom will be between 58,000 and 48,000, Bitcoin's rise may extend to $150,000 as a maximum, but as I said, it is governed by the condition of the explosion of altcoins, as they are the ones who will determine the credibility of all those numbers and percentages. BEST Regards Ceciliones🎯
BITSTAMP:BTCUSDLong
by ceciliones
2
BTC/USDT.P updateDaily candle closed belowed the mid point of a major seller zone, meaning seller are in control and we are likely to see some more bearish action this coming week.... We have also completed a bearish Crab harmonic pattern with TP1 set for 76397.5 and potentially TP2 for 65889. HTF harmonics are usually pretty accurate so I think the daily time frame retrace I've been looking for is potentially coming soon. Be ready. @Nate Alert Please don't blindly trade short lol, make sure you do proper risk management and only enter at price points that are reaction zones
Short
by Nate36989
UPDATE:Bitcoin’s Crossroads: Breaking Higher or Turning Lower?Good morning, trading family! At the Mindbloome Exchange, we keep it real and trade what we see. Bitcoin’s making waves, pushing toward FWB:88K with a shot at $91K. But don’t get too comfortable—this market loves to shake things up. If the push higher doesn’t hold, we could see pullbacks to $86,900, $85K, or even down to $80,799. Breakdown The Bullish Case Bitcoin’s climbing from FWB:88K , aiming for $91K as the next big target. Resistance at $91K $91K is a key spot. Breaking it could mean more momentum ahead. Warning Signs If FWB:88K doesn’t hold, we could see Bitcoin slide to $86,900 support. Deeper Pullbacks Below $86,900, look for possible drops to $85K or even $80,799. Your Approach At The Mindbloome Exchange, we trade what we see. Watch the levels, keep your strategy tight, and let the market do the talking. Kris/ Mindbloome Trading
MARKETSCOM:BITCOIN
by Mindbloome-Trading
BTC at a Crossroads: Will Support Hold for the Next Big MoveGood evening, trading family. At MindBloome Exchange, the golden rule is: trade what you see, not what you think. Keep it simple. Bitcoin’s holding a support level at 86955, looking to hit 88250. If it breaks, we’re headed toward 91K and beyond. If it reverses, watch for pullbacks to 86176, 85155, 82700, or 80K. For new traders: don’t overthink it. Stay chill, like riding waves—wait for the market to show its direction, then make your move. Focus on the charts and let the trends guide you. Mindbloome Trading/ Kris
MARKETSCOM:BITCOIN
by Mindbloome-Trading
is HMSTR booming?????hi everyone, I'm MSNP and today we want to talk about GATEIO:HMSTRUSDT , please follow me and support this idea after a down trend HMSTR showing potential (26% today) we had a trend line that you can see here: and a BO above it. so, what's we excepted for future? 1. in first place we need a prove and confirmation of starting new trend, so we need a bull candle above EMA. 2. we need a pullback: after this down trend (68%), after BO we need a pullback, the pullback area is marked with blue line that you can see here: 3. after pulling back and testing the bottom successfully we need to see more power from bulls, 2,3 good bull bar would be nice and after two bull bars that close on top you can buy above them for a swing 4. target is marked in chart with sky blue line that you can see here: 5. the road that i expect from HMSTR is here: thank you for reading, ask any questions and i will be there for you
Long
by imMsnP
4
Is Bitcoin's Bullish Momentum Sustainable? A Detailed AnalysisBitcoin, the world's largest cryptocurrency, has been on a tear recently, with prices surging to levels not seen in years. This article delves into the key factors driving this bullish momentum and explores the potential implications for the cryptocurrency market's future. The Bull Flag Formation: A Technical Analysis Perspective A key technical indicator that has caught the attention of analysts is the formation of a bull flag pattern on Bitcoin's price chart. This pattern is characterized by a sharp upward move, followed by a period of consolidation within a descending trendline. Once the price breaks out of this flag, it often leads to a significant upward move. First Mover Americas highlighted Bitcoin's flirtation with the $90,000 level, emphasizing the volatility of the market. Such price swings are common in cryptocurrencies, particularly during periods of high momentum. The Role of Retail Investors While institutional investors have been a major force in the crypto market, retail investors, often referred to as "shrimps," have also played a crucial role in driving Bitcoin's recent rally. These shrimps have been actively accumulating Bitcoin, even as whales have been offloading their holdings. This suggests that retail investors are increasingly confident in Bitcoin's long-term potential. Overheating or Sustainable Growth? A common concern among investors is whether Bitcoin's rapid price appreciation is sustainable or if it is a bubble that is about to burst. Key metrics like the Hash Ribbons Indicator can provide valuable insights into the health of the Bitcoin network. The indicator, which tracks Bitcoin's hash rate's long-term and short-term moving averages, has recently crossed over, signaling strong miner confidence. This bullish crossover has historically been followed by significant price increases. Furthermore, Bitcoin's Weekly RSI (Relative Strength Index) has entered the overbought zone, indicating that the asset may be overvalued in the short term. However, the last time the RSI reached this level, Bitcoin surged by over 80%. It's important to note that technical indicators should be used in conjunction with fundamental analysis to make informed investment decisions. The Impact of Increased Trading Volume The surge in Bitcoin's price has been accompanied by a significant increase in trading volume. This increased activity, driven primarily by retail demand, has further fueled the rally. As more and more investors flock to the cryptocurrency market, the demand for Bitcoin is likely to continue to grow. Conclusion Bitcoin's recent bull run has been fueled by a combination of technical factors, strong investor sentiment, and increased retail demand. While the cryptocurrency market is inherently volatile, the underlying fundamentals of Bitcoin remain strong. As the network matures and adoption grows, Bitcoin's long-term prospects appear promising. However, it's essential to approach cryptocurrency investments with caution. Investors should conduct thorough research and consider consulting with a financial advisor before making any investment decisions.
BITSTAMP:BTCUSD
by bryandowningqln
#BTC/USDT hiTS $93K What's next? Urgent Update! Bitcoin is straightforward: Watch for liquidity around $88,083 and $89,696 on the hourly chart. These are critical levels for the bulls to defend. With no significant resistance, a move to the $100K mark seems likely. However, since everyone is eyeing $100K, we might not reach it as quickly as expected. BTC has enjoyed a massive rally over the past few weeks and may need a halt, but you never know! Invalidation: a close below $85,314. Let me know your thoughts in the comments! #PEACE
Long
by Cryptorphic
1
BTCUSDT 15m - Sharks Need to EatBTCUSDT 15m - Sharks Need to Eat TRADEX BOT NEWS: First strategic tests with the bot, offered spectacular results of 20% profit with "ALL" trades in positive (24h). We continue working on the small problems that have arisen, but for a diamond to become a brilliant, the edges must be polished :) Thank you! _______________________________________________________ BTCUSDT 15m - Sharks Need to Eat The rebound corresponds to the jump in the first SL. The volume of purchases is at a minimum and there are clear signs of uncertainty at these levels. LEVELS to SHORT BTC: SL: 89k TP: 80K - 81K ______________________________________________________ Automated Cryptocurrency Trading Bots: All these strategic alternatives can be configured with TradeX BoT, since it will allow you to position in both directions without having to block any amount per position. It will only be necessary for the conditions to be met, either downward or upward, for the orders to be executed in one direction or the other, taking the necessary deposits from your portfolio. TradeX BoT (in development): Tool to automate trading strategies designed in TradingView. It works with both indicators and technical drawing tools: parallel channels, trend lines, supports, resistances... It allows you to easily establish SL (%), TP (%), SL Trailing... multiple strategies in different values, simultaneous BUY-SELL orders, conditional orders. This tool is in the process of development and the BETA will soon be ready for testing. FOLLOW ME and I will keep you informed of the progress we make. I share with you my technical analysis assessments on certain values ​​that I follow as part of the strategies I design for my portfolio, but I do not recommend anyone to operate based on these indicators. Inform yourself, educate yourself and build your own strategies when investing. I only hope that my comments help you on your own path :)
Short
by TradeXBoT
2
BITCOIN new ATH ( 89200$ )Hello and greetings to all the crypto enthusiasts, ✌ In several of my previous analyses, I have accurately identified and hit all of the gain targets. In this analysis, I aim to provide you with a comprehensive overview of the future price potential for Bitcoin, 📚💡 Unlike what we typically see in many market conditions, the current chart does not show a new support level that has been created by recent candlestick formations. This is somewhat atypical, as markets often establish new support points with clear price action. Given this, I have relied on Fibonacci retracement levels and trendlines to mark the critical support zones that should be closely monitored. 📚🎇 In light of the recent surge in trading volume and the influx of new participants in the market, it is highly likely that we will witness a price increase in Bitcoin of at least 10% in the near future. This increase is supported by strong buying interest and a positive market sentiment that has been building over the past few weeks. 📚✨ As we move through this potential uptrend, it is also important to remain aware of the possibility of range-bound candles appearing in the market. These can indicate periods of consolidation or short-term price fluctuations as the market gathers momentum before the next significant move. 📚✌ 🧨 Our team's main opinion is The chart currently lacks a new support level from recent candles, so I’ve used Fibonacci and trendlines to highlight key support zones. With increased trading volume, Bitcoin is expected to rise by at least 10%, though short-term range-bound candles may appear during this upward movement. 🧨 Thank you for your attention. If you have any questions or comments, I’m here to respond to you. 🐋💡
Long
by MadWhale
5
BITCOIN / BTCUSDT Bullish Long Trade Target $129,582!!The Bitcoin (BTC) weekly chart highlights a robust long trade setup identified using the Risological Indicator. With Target 1 (TP1 at $79,726.4) successfully achieved, the cryptocurrency is positioned for further upward momentum towards its ambitious targets. BITCOIN / BTCUSDT Key Technical Insights: Entry Point: Entry triggered at $67,957.6, following confirmation from bullish signals and the Risological trendline support. Massive Target Zone : The remaining targets at TP2 ($98,769.9), TP3 ($117,813.4), and TP4 ($129,582.3) suggest substantial upside potential driven by strong market sentiment and technical alignment. Stop-Loss Protection: Risk management is secured with the stop-loss set at $58,435.8, ensuring minimized downside exposure. Momentum Drivers: Technical Resilience: The upward trajectory is supported by a confluence of the Risological Lines acting as a dynamic guide. Market Sentiment: Bitcoin continues to display impressive resilience amidst broader market uncertainty, reinforcing its appeal as a strong bullish candidate. Conclusion: Bitcoin's ongoing bullish breakout underscores its potential to reach the higher target zones. Traders leveraging this trade setup stand to benefit significantly from the well-structured risk-reward balance. Keep monitoring for momentum accelerations towards TP2 and beyond!
Long
by ProfitsNinja