Bitcoin on the edge of letting us know if the Trump Pump is overHigher highs and falling back in. there has not been a fallout out of the channel. Waiting for more confirmed failure.
BTCUSD.P trade ideas
BTC ath, AI, U.S. election, Interest rateThe markets, which had increased with the monetary expansion during the pandemic, had started to tighten with the long-term increase in interest rates. With the decrease in liquidity, there was no serious money flowing into the markets. The fact that interest rates will gradually decrease, the results of the elections in the United States, BTC making ATH and the printing of 1 billion dollars of tether last week, all bring together the puzzle pieces for the beginning of a new story. Our real story will undoubtedly be artificial intelligence. We are witnessing the first years of the cycle at the end of the modern age and the beginning of the Artificial Intelligence age. Let's see where humanity will be in 100 years.
BTCUSD: Bearish Continuation & Short Trade
BTCUSD
- Classic bearish formation
- Our team expects fall
SUGGESTED TRADE:
Swing Trade
Sell BTCUSD
Entry Level - 76361
Sl - 78900
Tp - 71961
Our Risk - 1%
Start protection of your profits from lower levels
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Musk Won, Welcome to the forever BullNobody expected that Trump would have won, but it happened. Like always, buy the rumors, sell the facts.
Nothing else matters, Musk is in Da House!!!
No volume to stop BTC form hitting 77400I think BTC will continue to rise as there No volume to stop BTC form hitting 77400
Bitcoin Breaks $72,000: On Track for a New Peak in 2025?Bitcoin recently broke through the critical $72,000 resistance level, marking a new all-time high and confirming a bullish trend. This breakout suggests strong upward momentum, driven by factors like growing institutional adoption and demand as a hedge against economic uncertainty.
Looking ahead, I anticipate Bitcoin could reach a peak between $180,000 and $240,000. This target aligns with Bitcoin's historical 4-year cycle, which typically peaks 18-24 months after a halving. Given the next halving in April 2024, we could see Bitcoin hit new highs between May and November 2025.
Key levels to watch include support at $72,000 and potential resistance at $100,000 and beyond. While volatility remains a factor, Bitcoin's long-term outlook is optimistic, with substantial upside potential in the next few years.
Cup & handle and Bullflag have much higher target on logchartHere on the monthly logarithmic chart we can see both the cup and handle and the bull flag that Bitcoin is starting to break upwards from. Both of these patterns are also very much so valid on the linear chart as well, but as usual, the logarithmic version of these patterns has a much higher ensured move target for their breakouts. While there’s a probability we could hit these higher logarithmic targets during this bull ru, often times the logchart patterns take considerably longer to hit their full targets than the linear charts patterns, so there’s also a chance these targets especially the higher cup and handle target could not get hit until next bull run as well. I will go ahead and follow this chart up with the linear version so people can see the contrast between the breakout targets on both styles of chart. Much higher probability we can hit both of these patterns linear chart targets this bull run. *not financial advice*
Bitcoin projection for this bull runLooking for short positions at the upper limit , that is when i usually enter short.
Around the 91k region there is a resistance.
I expect a 25-30% correction from that region. After that bull run will resume its run and stop at around 115k .
It can go higher ,nobody knows how high it can go but this is what trendlines are telling us.
HolderStat | BTC has reached a new ATHHaving analyzed 100 mln bitcoin wallets, we formed an index reflecting their sentiments. And here are the conclusions we came to 👇
👉 The current values are at 62 points, and over the last 24 hours 100% of transactions were made for sale.
💡 After Trump's victory, the cryptocurrency market surged and BTC reached a new ATH, while the observed wallets mostly refrained from transactions and some made sales. This behavior can be seen as both anticipation of a BTC correction and a liquidity spillover into altcoins in pursuit of greater profits.
📌 Considering the correction scenario, it is worth noting that the levels of $73,000 and $70,000 may become a significant barrier to decline. Also, we should not forget that today the Fed will announce a decision on the key rate, which may affect the volatility of the price.
BTC vs XAU (Gold) Cup and Handle On the weekly chart of Bitcoin ( CRYPTOCAP:BTC ), we can see the formation of a massive Cup and Handle pattern 📈☕. This pattern is well-known as a bullish indicator, suggesting a potential continuation of the upward trend 🚀. To better understand the implications of this pattern, we can compare the performance of Bitcoin with gold ( TVC:XAU ) 🪙 vs. 🟡.
In the past, gold displayed a similar pattern, which was followed by significant price increases 💰. If Bitcoin follows a similar trajectory, we could anticipate considerable appreciation in the near future 📊.
Some more possible planBased on impulses. I think it will be my basic plan for the next few months, but NOT SURE
My main profit is in altcoins
Can you see the happy face? Target 120000!Following monthly chart.
The last candle indicates a big start, whether say a happy face or Reverse H&S.
TP 120K
I'd stop under 55k candle close.
Where to from here $BTCSpeculation. What do you think has impacted the price action today was it all Trump fueled or was it other factors in play? Cheers
People still denying bitcoins legitimacy..Today is presidents day and its BTC day too! lets go! Next top 80k? 100k?
Election uncertainty surgesThe retreat by traders underscores concerns about market volatility ahead of the election, with Bitcoin prices highly responsive to political dynamics.
BTCUSD may resume its upward trendOn the daily chart, BTCUSD stabilized after falling back to the previous demand zone, and there is a rebound demand in the short-term market. At present, attention can be paid to the resistance near 70,000. If it breaks through, it is expected to continue to rise. The upper resistance is around 73,600. If it breaks through, it will open up space for upward movement. If the price falls below the support near 65,000, a downward trend will begin.
US Elections impact on BitcoinHistorically, no matter who wins the elections, Bitcoin wins:
- Bitcoin’s supply capped at 21 million coins;
- Immutable monetary policy;
- While governments will continue to print money;
- And expanding government debt;
Volatility is only short-term.
Here's why:
Like Paul Tudor Jones said, "All roads lead to inflation".
Cash will always lose money over time BUT assets like stocks, Bitcoin and crypto will go up in value.
In the short term, crypto might perform a bit better if Donald Trump wins the elections. He seems that the big crypto corporations (Coinbase, XRP, a16z) donated millions to Trump in exchange for more crypto friendly regulations.
In the long term, it doesn't matter who wins the elections. In the long term, Bitcoin and crypto are likely to perform well both under Trump or Harris. Why? Because the correlation coefficient between Bitcoin and the US M2 money supply is 83%.
BEARISH CASE ANALYSIS FOR BTCBullish or Bearish, it's always a good idea to see below the surface and trade cautiously managing risks. BTC has a bullish sentiment overall, however structural analysis is painting a cautious sign to be too over optimistic. The cup and handle pattern formed is still not confirmed and can fail. I have seen these many times in my trading experience.
On the chart we have weak RSI (just above 60) heading into new all time high attempt, a shooting star candle on the weekly chart, a failed new high zone forming a double tops pattern. These don't support a strong bullish case. There is also a daily RSI and MACD divergence which has propelled the pullback since this publication. I am watching for when this divergence is played out completely to assess a bulls case structure.
Of course I agree with the bulls on the touch of the daily Bollinger band and if support is found at the 21 EMA or $68300 price level then we're off to another bulls run. I just want to share my thoughts on BTC price structure. Cheers !
Are you ready for $66,000 BTC ? Our sell movement continues
BTC price continues to go down within the channel created by the green rings. BTC continues its downward movement to the $66 150 BTC price as planned.
BTCUSD WEEKLY UPDATE hi all
"Last week, BTC/USD failed to break through the resistance level of 71195 and faced rejection. So, this week, I am observing the price action to see if there is still potential for the market to decline."
**My trading strategy is not intended to be a signal. It’s a process of learning about market structure and sharpening my trading skills, as well as for my trade journal.**
Retest of the $77,000 level, what's nextOn Sunday, bitcoin retested the $77,000 level. The $77,000 level will act as a serious resistance level in the near future. At the moment, it is necessary to go down to the level of 74000-72000 in order to remove the liquidity of longs. From there, it is already rational to go to a new high of $ 80,000.
RR = 2 Sell ideabearish shark pattern + breakout of rising wedge followed by a pullback + RSI divergence : expecting price to correct in order to retest previous key levels
PS never risk more than 2% of your capital per trade
Crypto Prices Rally After US Election ResultsMarket Update - November 18, 2024
Donald Trump secured presidential win: The news is widely seen as a boon to the crypto space because of Trump’s pro-crypto policies. Bitcoin prices hit an all-time high.
Solana reached a record 123 million active addresses in October, up over 42% from September: The network’s user engagement is now reportedly surpassing that of Ethereum by some measures.
Spot bitcoin ETFs in the US reported $541 million in outflows on Monday, marking their largest daily decline since May: But they charged back on Wednesday to make up for the losses, pulling in more than $621 million.
Lawyers for Binance and ex-CEO Changpeng Zhao have filed a motion to dismiss an amended SEC complaint: The motion argues that the SEC has failed to provide standards for defining crypto securities.
Mt. Gox transferred roughly $2.19 billion worth of BTC to unknown wallets on Monday: The move follows a recent repayment delay announcement, with creditors still awaiting funds from the exchange’s 2014 collapse.
Trump Wins Presidency After Securing Every Swing State
Donald Trump was re-elected president of the United States this week, defeating vice president Kamala Harris by securing the 270 votes needed to win the electoral college.
The win is widely seen as a positive for the crypto ecosystem. Over the past few months, Trump has pledged his support for digital assets. In July, he spoke at the Bitcoin Conference in Nashville, promising to set up a national strategic bitcoin reserve and to fire SEC chair Gary Gensler, who has filed numerous lawsuits against a range of cryptocurrency exchanges. Additionally, Trump recently launched World Liberty Financial, a DeFi company that plans to sell $30 million in tokens.
Meanwhile, Harris never took an official policy stance on regulating crypto. And as vice president, the Biden administration largely had a hawkish stance against crypto companies, with Gensler taking a regulation by litigation approach that largely alienated an asset class that has become increasingly entrenched within traditional finance.
The price of bitcoin hit an all-time high this week, surging to more than $76,500 by Thursday afternoon. The crypto ecosystem received another boost earlier in the day when the Federal Reserve said it would cut interest rates by 25 basis points, bringing the target range to 4.5%-4.75%.
Solana Hits Record 123M Monthly Active Addresses Amid Memecoin Boom
Solana achieved its highest monthly count of active addresses in October, reaching over 123 million, marking a notable increase from September’s figure and showcasing a recent surge in user activity. Analysts have attributed the growth to the popularity of memecoin trading, spurred by platforms like the token creation app Pump.fun.
Some industry reports have also been highlighting Solana’s rising engagement levels, noting there are over 100 million active addresses compared to Ethereum’s 57 million. Additionally, the rise of AI-linked memecoins have reportedly led to this increased activity.
With Solana designed as a lower-cost network in comparison to other smart contract compatible chains, this may be playing a role in increased engagement as well, as innovators have difficulty accepting comparatively expensive Ethereum gas prices.
🎈 Topic of the Week: Helium Network (HNT)
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