Bitcoin dump coming?Looks like bitcoin can’t pass the 70000?
We had very big uptrend from the green line on 29000. So a short trend down looks ok.
BTCUSD.PI trade ideas
Drop after Election Pump with FOMCMy trading idea for next week is as follows. I will be watching the price action very closely on Monday, the day before the election. This will prepare the price for the volatility of the election. I expect the price to move to the EMA50 on the 1D time frame next week. That would be around $64k. Then there is the FOMC meeting on Thursday, which could lead to a significant rise in the price. Next week is very important. The use of leverage should be taken carefully.
Bitcoin Monthly Candle Close Colours since 2011First, OCTOBER IS THE FIRST MONTH INTO DOUBLE FIGURES AS A GREEN CANDLE CLOSE SINCE 2011 - 10 Octobers in the last 14 years - Pretty good average ;-)
So ->
The Arrows -> We have only ever seen a RED August followed by a GREEN Sep and October on 3 previous occasions. 2015 & 2016 and then again in 2023 and just now , in 2024 makes the 4th.
To me, this backs up the idea that PA is following the 2013 - 2017 Fractal. This is superimposed on chart from Nov 2021 as yellow Bars
The Candle sizes are
2015
August -30% Sep +18% Oct +41%
2016
August -26% Sep +14% Oct +24%
And so now we move over to what is happening in this cycle
2023
August -16% Sep +14% Oct +37%
2024
August -23% Sep +30% Oct +30%
The numbers are not exactly the same and, infact, the 2024 figures blow the others out the water from September......but there is a trend there to be seen until Sep 2024 comes in.
Maybe wishful thinking and how the next 3 Monthly candles Close will confirm or deny this idea.
But it has to be said, the PA has followed the Fractal from Nov 2021 to now pretty accurately..as can be seen on many previous Posts
IF we are doing this 2013 - 2017 Fractal, we have a clear Run to a New ATH by end of 2025 or just after, with intermittent RED months while PA catches its breath, like in Jan 2017
It should be Noted that a GREEN October Close does NOT always lead to a Green November.. So we need to continue to watch carefully.
Market Recap: Halloween edition + BTC Warning (October 31, 2024)In this video, we look at the monthly closes of a lot of our favorite names to figure out what is potentially next for election season and November
Exciting Movement In BTC!!! Watch Me Break It Down!!!I mentioned multiple scenarios but, I sort of cut myself short on the bear scenario #2. This is where climatic activity turns into bearish selling pressure. For bulls we really want to hit the measured move target at $75k that means we have likely broken out.
Is Bitcoin going under next week? Quite possibly, here is why..
Well they threw the bitcoin-bone to us retail traders about 2 weeks ago on a Sunday when everything in Crypto was coming alive and turning green on our screens.
I get no pleasure in saying, as I'm invested in Solana, Doge, Bitcoin and others, that things at least for Bitcoin may not be so wonderful going forwards for a little while next week. Perhaps Crypto in general holds up until Bitcoin gets its' sh*t together.
What bothers me is the Daily chart below for BTCUSD. 3 different settings for MACD on higher timeframes are bearish with crossing DOWN signals on the daily chart which is where the momentum-action will catch up and be next week, bearish, I think.
Bitcoin, I said a couple of days ago was struggling on the Daily chart. Intraday does not look good on Monday, my guess is that it starts to sell off this weekend. Put some stop losses on your stuff if you don't have them, trailing stops.
See the daily chart for the loss in momentum to the upside on so many fronts for Bitcoin.
Bitcoin BTC Trending to $65,000Bitcoin BTC is on the move. BTC is trending to $65,000. Keep and eye on MSTR, COIN, MARA, IBIT, GBTC, WULF, HOOD, etc...
Bitcoin is Dead.. Don't Chase It Please..This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
BTCUSD may hit a new all-time highOn the daily chart, BTCUSD has broken through the $70,000 mark, and the short-term bullish trend is dominant. Currently, you can pay attention to the support near 69,500. If it falls back and stabilizes, you can consider continuing to buy. The upper resistance is around 73,800. A breakthrough will open up upside space.
Take A Guess What Happens Next....Almost every time Bitcoin breaks its HTF trendline, a solid move in the opposite direction occurs. Let's be cautious and use proper risk management to minimize losses and maximize gains.
Maybe the 7th trendline break will be different.....
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
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This is not financial advice. This is for educational purposes only.
BTC: 150-160K by 2025 First Quarteri think consolidation will continues by september above 56K and with a final target around 150-160K in some cases 180K by first quarter of 2025. (invalidation break under 56K)
good luck
$BTC Update - BULLISH!CRYPTOCAP:BTC #BTC Testing $71,304, Looking bullish on 1D view, Previous weekly closed with a bullish pin bar following bullish engulfing on 1W, weekly view also looks good and ready for upside, support at $70,463 is to be tested yet, $69,296 key support here. $71,981 support required to test $73,344-$73,965. Watch given S/R
Time to short, back to 64kWith 3 recent liquidation that happened previous week ( one on Wednesday because of S&P drop , one on friday because of tether news and one on Saturday because of Israeel attack on Iran)
I dont think buyer are in control anymore , price is pumping on low volume weekend so that whales get out of their positions before the US market opens tomorrow .
Idea is simple with all this risk and heavy selloffs, it's very reasonable to atleast go to lower part of trendline at 64k before starting another leg up if Trump gets elected
BTC - Election period - Break-out time!Hey, folks.
BTC is repeating a fantastic pattern. Just like last election period (2020), so again this election period (2024). Note the chart above...
Leading up to the last election, BTC went through the follow pattern:
left - large dip (blue), then returned to resistance line (yellow)
left - small dip (purple), then returned to resistance line (yellow)
left - break-out near election time.
So too again this election period:
right - large dip (blue), then returned to resistance line (yellow)
right - small dip (purple), then returned to resistance line (yellow)
right - break-out near election time.
The large dips weren't exactly on the 4-year cycle, but close.
However, by the time the election rolled around, the two cycles merge to a similar timeline.
The last break-out in 2020 happened around election time, when BTC completed a small dip and returned to the resistance line.
It looks like BTC is going to do that again this time in 2024, as it has just completed a small dip and returned to the resistence line.
Now... notice how high the last break-out in 2020 ran up to? It jumped from around $ 12K to around $ 64k... a gain of $ 52K, which is a rise of 433%.
If that were to happen again this time, BTC would climb as high as $ 373k. That's 433% higher than the $ 70k it is at now.
Even if it does only half that amount, say just 200% to be conservative... that would put the next BTC spike at around $ 210k.
We're all looking forward to the $ 100k celebration. But I'm thinking we should be looking even higher... at $ 200k during this next spike.
Every 4 years without fail so far. And that golden 4th year is 2025!
Bitcoin Seeks Support After Drop: 1H Chart Analysis In this 1-hour Bitcoin chart, we see a downward trend that has pushed the price to the $67,000 range, with potential support around $65,000. The exponential moving averages (EMA) at $68,186 and $67,674 are positioned above the current price, signaling continued selling pressure. However, a short-term rebound may occur, with the price possibly reaching around $66,500 before attempting a stronger recovery.
This is not investment advice, and I could be wrong in my analysis.
Bitcoin the Dominatrix: Leading the Crypto Charge💥👑 Bitcoin the Dominatrix: Leading the Crypto Charge 📈⚡️
Hello everyone! Bitcoin is asserting its dominance yet again! Following a period of geopolitical turmoil, Bitcoin has not only held steady but has begun pushing through resistance near $69,000, underscoring its strength and growing market share compared to altcoins.
Dominance Highlights:
Bitcoin vs. Altcoins: Bitcoin is up 1.43%, while Ethereum lags at 0.49%, and altcoins overall are down 0.9%. This trend reflects Bitcoin’s expanding “dominatrix” role in the crypto space, capturing a larger slice of the market with every price rally.
Safe Haven Status: Like gold, which is also hitting new highs, Bitcoin is behaving as a safe-haven asset, especially appealing in volatile times. Investors continue to favor it for stability, and its price action is suggesting a potential next target of $79,000, with further levels to monitor.
Future Price Potential: As we look toward 2024, Bitcoin’s path may lead it to all-time highs, with targets of $115,000 and even $160,000 on the horizon, as post-election market movements often fuel further growth.
Bitcoin’s strength is undeniable, but resistance levels should be watched closely for those trading this wave. With each step, Bitcoin solidifies its role as the leader in crypto.
One Love,
The FXPROFESSOR 💙
Charts:
Bitcoin Dominance 15m :
Bitcoin Dominance 4h:
Bitcoin:
Alts Total3:
BTC USD UpdateAfter 4 days of filling orders, we got moving with it. This allowed us to fill up orders for days. Something told me it was too good to be true and that it would wick us out, so I left a huge stop-loss and also placed a spot order long just in case. Now we have orders from last month going, plus new ones. I'm really all-in till 70k liquidity level. After 70k I also want to leave a runner. I don't know how far we will go with it, but the trading conditions are good and easy as of now. I hope you guys are taking advantage of these markets and are profitable. I'll keep you posted if we lose bullish momentum or something comes up. Stay calm now and enjoy the ride!
Hold 67k => next stop is 120k. The bull flag has not been invalidated. Election FUD will stop in two weeks. I'd be happy to accept the 120k BTC as a Christmas gift.
I had a vivid dream of seeing BTC trading at Nexo for 105k. Thought it was a bug and had been trying to dump it, but they've halted trading. I went to check the price at other exchanges and realized BTC had pumped right to 120k in a single day. Felt so good.
Realistically, the best play right now is to dump and wait for 70k. The 69k acts as a resistance for some reason, and If we go back to the lower side of the range and fail to hold it (65k - 67k currently), then that's bad news. At that point, you may want to flee into the stables, but the price is already 5-6% lower than now. BUT the problem is if I sell now, I'll be reluctant to buy back in the 70k - 74k range.
While we're above 67500, 1H 4H 1D 7D all look bullish. At around 67k, 1H 4H 1D turn bearish. With that in mind, I'm holding for now. Any weakness towards 67k - I'm out.
LFG!
BtcIs ready boysss !!!! Buy at 68k , hugee greens days now
Enjoyyyy
This is not a financial advice dyorr
BTC to 58kIf we will keep on playing this range. We might see 58K soon. HTF (weekly and Monthly) Bearish OB and Bearish Div. If bTC will not hold the 58k next could be 54k. Please take note that this may take days to play out.
Not financial advice
BTC next move ? BTC / USDT
BTC pumped from my level 59k (last BTC idea) directly to 69k without any serious correction
I expect a pullback to 65-64k from this level there is high chance for bounce
In case of deep correction we might visit 62k
Note : BTC must not break HH and HL pattern to keep its bullish plan otherwise we can hit 50s zone again
COPY to show results built into FOREXView now and before. Halving works out but into different volumes. BITCOIN has a target, we will see the MAGIC NUMBERS at a later time.
Above $80K?
Smart Money has a plot, so do I.
