Bitcoinlong
Bitcoin is both a bullish flag and a cup-and-handleBitcoin is currently displaying both a bullish flag pattern and a cup-and-handle pattern, signaling a strong confirmation of a bullish trend. These patterns, especially when seen together, often indicate solid upward momentum and are widely recognized as bullish reversal signals. With Bitcoin entering its 4-year cycle phase, traditionally marked by significant price growth, the technical indicators align favorably for potential long-term gains.
Additionally, recent news and market developments are reinforcing the positive outlook, supporting the upward trend. This combination of technical signals and external factors could attract more investors, sparking renewed confidence in Bitcoin’s next major rally. As anticipation builds, these signals may well mark the beginning of a substantial growth phase, capturing attention from both seasoned investors and new entrants looking to capitalize on this momentum.
FBTC: Break Out After 12 Months of Sideways - DCA TradeAll the white lines are buys. My weighted average price per share would be somewhere in the middle. I Dollar Cost Averaged into the position from basically the launch of the product on exchanges earlier this year, Say March 24. The trade looks to finally be playing out.
Long Term Hold position for me, and will add on higher timeframe (1 Day, 3 Day, Weekly) oversold conditions outside a normal standard deviation.
Fun time to be a trader at the moment.
BTC Breakout Incoming? Key Levels You Can’t MissGood morning, trading family! Bitcoin nailed our target, and now it’s decision time. If BTC breaks $75,600, we’re looking at moves to $77K or even $78,500. But if support at $73,600 doesn’t hold, we could see a pullback to $71,500.
Keep it simple—trade the levels, stay chill, and let the market come to you. It’s all about patience and sticking to the plan.
MINDBLOOME TRADING / KRIS
TRADE WHAT YOU SEE
BITCOIN (BTCUSDT) Hits All Targets! Massive Gains - 20x LeverageBITCOIN (BTCUSDT) Technical Analysis:
Bitcoin surged on the 15-minute timeframe, delivering stellar results as it smashed through all marked targets. The trade, taken on 20x leverage, provided a high-risk, high-reward opportunity for traders utilizing the Risological Swing Trader Indicator.
Trade Summary:
Entry Point: $68,454.9
Stop Loss (SL): $67,631.4
Targets Achieved:
TP1: $69,472.6 ✅
TP2: $71,119.5 ✅
TP3: $72,766.4 ✅
TP4: $73,784.2 ✅
Highlights:
Flawless Execution: Entry was timed to perfection using the Risological Dotted Trendline, confirming a strong bullish momentum.
Leverage Power: The 20x leverage magnified gains exponentially, showcasing the potential of well-executed high-leverage trades.
Strong Trend Support: Bitcoin continued to respect the trendline, providing consistent confidence to hold the trade to its full potential.
Risk and Reward:
While the high leverage trade amplified profits, it also carried significant risks. Only traders with a clear risk management strategy and confidence in the Risological Indicator should consider such setups.
Recommendation:
Book Profits: With all targets hit, locking in gains is prudent.
Monitor Retracement: Bitcoin may test support zones, presenting fresh opportunities for re-entry.
Stay Updated: Use the Risological Swing Trader to stay ahead of market moves and identify the next big trade.
Conclusion:
This Bitcoin trade showcases the power of strategic analysis and disciplined trading with the Risological Indicator. For traders willing to take calculated risks, the results speak for themselves.
$BITCOIN Analysis: The market retreats, Ignoring the good news?My answer to the topic is that MARKETSCOM:BITCOIN might have a short-term pullback from technical analysis.
BITSTAMP:BTCUSD soared 9% yesterday since Trump won the presidential election. And then, it be rejected by the resistance level of the bullish channel upper edge.
Therefore, the price might continue to go up after a short-term pullback. And the support level for this pullback could be previous high area.
Bitcoin Smashes ATH: Is a New Bull Run on the Horizon..?Bitcoin has recently soared to a new all-time high, a surge that many analysts attribute to the unexpected victory of Donald Trump in the presidential election. This political shift has sparked renewed interest and investment in cryptocurrencies, particularly Bitcoin. Currently, the digital currency is in the process of testing a newly established support level, which fluctuates between 74000 and 74600 dollars.
As Bitcoin ventures into this uncharted price territory, it presents both opportunities and challenges for investors. The uncertainty surrounding this price range complicates the ability to forecast potential price targets shortly. Market dynamics, investor sentiment, and external economic factors will all play crucial roles in determining Bitcoin's trajectory as it navigates these unprecedented levels.
ETH Diverges from Bitcoin: Is a 20% Downside Imminent?Currently, many altcoins, including Cardano, XRP, and Ethereum, are showing strong bearish signals . Using a straightforward indicator like the 200-day EMA on the daily timeframe, we can see that most of these coins are trending below this line, highlighting a consistent bearish bias.
Altcoins often follow similar trends, moving together with the overall market sentiment. With this in mind, we're screening for the best potential setup based on technical indicators. Out of all, we’re zeroing in on BINANCE:ETHUSDT which we believe presents the strongest opportunity right now. Let's dive deeper into its technicals.
With ETH/USDT in focus, the technical indicators reveal a clear bearish setup. The price is currently trading below a well-defined bearish trendline and the 200-day EMA, signaling sustained downside pressure. This bearish outlook is further reinforced by a Rising Wedge breakout, while a bearish MACD crossover highlights strengthening momentum in favor of the bears.
Given these aligned signals, there’s a high probability of a continued downward trend. Our first target sits at 2015.82 . From there, we may see a brief pullback into the green zone before ETH/USDT resumes its decline, potentially reaching the second target at 1834.62.
This outlook remains valid as long as the price holds below the stop-loss level at 2773.05
Support the channel by engaging with the content, using the rocket button, and sharing your opinions in the comments below.
Disclaimer: "Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on Ethereum.
ETH/BTC Weekly - Ascending Trendline Support and Potential RebouThe ETH/BTC weekly chart shows a strong ascending trendline acting as long-term support. ETH/BTC is currently near this support level, where it has historically shown bullish reactions. The recent drop to the trendline suggests a potential bounce, with a green arrow indicating the possible upward trajectory if the trendline holds.
I'm personally considering this level for a potential long position, with a target near 0.08 BTC, aligning with prior resistance. However, if the price closes below the trendline on the weekly chart, I’ll reevaluate this setup for further downside possibilities.
This is my personal trade setup and not financial advice
Post Election Bitcoin and Crypto Market UpdateThis is a shorter version of my video yesterday, just recapping what I've been seeing and forecasting in these markets.
Didn't expect to see the rally to new ATH so quickly.
Or the DXY to push up higher at the same time...
But here we are breaking and apparently holding new ATH, so I do think we continue to push higher. Even if we get one more sell off, to re-test the ATH as support.
Yesterday's pump was part short-squeeze, and part SEED_TVCODER77_ETHBTCDATA:1B in BTC ETF inflows.
In this video we look at BTC and SOL, which I believe will lead the next leg of the Bull.
Also an interesting speculative study on the Pi Cycle Top, and the idea we could see a double top or dual-cycle in the next 12 months, like we did in 2013.
As well as recapping why my targets are $100k (conservative), $150k (base case), and $200k (aggressive) along with confluent targets based on measured moves from the Bull Flag breakout.
Let me know what you think, and if I missed anything!
Brett
BTC | Price CELEBRATES Trump VictoryBitcoin has increased by 13% after Donald Trump has been declared the next President of the United States, beating rival candidate Kamala Harris.
Over the past few months, Trump has claimed to be very open to cryptocurrency and this victory has done nothing short of pushing the price to a new ATH... and climbing!
There are two ways in which we can calculate the net major stops; one I have been speaking about since MARCH. This target seems to be the likely next stop for BTC in the short to near term.
Time will tell if the new POTUS will be kind or cruel to crypto - remember that time we all rooted for Garry Gensler...? About that... Let's hope this time will be different.
If you want to know al little bit more about how ALTSEASON fits into this picture, check out the following idea:
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BINANCE:BTCUSDT
Bitcoin's Unstoppable: The next U.S. President won't matter!+67%COINBASE:BTCUSD NASDAQ:IBIT
🚀 Bitcoin’s Unstoppable: The next U.S. President won’t matter! +67% Potential! 🚀
In this video GEM, we dive deep into Bitcoin: Private Link below breakdown!
Disclaimer: The video is long, but it is thorough and informative. Worth a full watch, IMO!
1️⃣ A detailed look at the "High Five Setup" with MASSIVE Multi-Year Cup & Handle and Bull Flag Patterns.
2️⃣ A historical review of CRYPTOCAP:BTC to uncover the characteristics of TOPS and BOTTOMS. Spoiler: We haven’t TOPPED yet!
3️⃣ Potential trade insights, including entry/exit points and price targets.
PRIVATE LINK TO TV VIDEO:
Drop your 2025 Bitcoin predictions in the comments below!
LIKE | FOLLOW | SHARE
STAY TUNED 🔔
Not financial advice.
BTC Reaches New All-Time High as U.S. Election Excitement SpikesBitcoin ( CRYPTOCAP:BTC ) has surged to record-breaking highs, exceeding the $73,800 mark on November 6, driven by growing excitement surrounding the U.S. presidential election. The cryptocurrency experienced a robust 8.63% gain over the past 24 hours, briefly touching $75,011.06, as per CoinMarketCap data. This rally marks a pivotal moment for Bitcoin ( CRYPTOCAP:BTC ), reflecting both fundamental shifts and robust technical momentum.
Election-Driven Momentum and Investor Sentiment
The U.S. election has played a significant role in this surge, with Bitcoin’s price mirroring heightened market anticipation. During early New York trading hours, CRYPTOCAP:BTC climbed more than 3%, hitting $70,577. We attribute this performance to political forecasts, many of which favor Republican candidate Donald Trump. On decentralized prediction platforms like Polymarket, Trump's odds of victory surged past 60%, driving speculative interest in risk assets like Bitcoin.
Investor sentiment also appears split amid this rally. Prediction markets have become a focal point for traders eyeing short-term price shifts, and a boost in Trump’s winning odds correlated directly with Bitcoin's breach of the $70,000 threshold. However, uncertainty persists: major Bitcoin spot ETFs, including Fidelity and Ark Invest, have seen outflows totaling $541.1 million, while BlackRock's IBIT ETF stood out with $38.3 million in inflows.
Technical Analysis
From a technical perspective, Bitcoin ( CRYPTOCAP:BTC ) exhibits strong upward momentum. The Relative Strength Index (RSI) sits at 67.76, indicating that CRYPTOCAP:BTC is nearing overbought territory but still has room for further gains before reaching extreme levels. Moreover, a bullish crossover has occurred: the 9-day moving average has risen above the 21-day moving average, signaling sustained bullish sentiment.
Support levels also highlight the strength of Bitcoin's price action. BTC’s current support at $69,000 has been tested multiple times, acting as a reliable floor for price movements. If Bitcoin were to pull back, analysts identify $64,000 as the next critical support level. On the upside, resistance at $75,000 is significant, but breaking past this barrier could propel CRYPTOCAP:BTC to a target range between $80,000 and $85,000, setting new benchmarks for price stability.
Fundamental Factors: Halving and ETF Developments
Bitcoin’s impressive rally builds on fundamental developments, including the April 2024 halving, when mining rewards were reduced from 6.25 BTC to 3.125 BTC. Historically, halvings have constrained Bitcoin's supply, often triggering significant price appreciation. This year’s halving has once again underscored Bitcoin's deflationary nature, contributing to its ongoing seven-month upward trend.
Additionally, the emergence of U.S. Bitcoin spot ETFs has catalyzed further interest in the cryptocurrency market. Since their debut in January, these ETFs have amassed over $450 billion in daily trading volume, with inflows reaching $22.5 billion in 2024. Nevertheless, ETF performance has shown mixed signals. Notably, on November 5, U.S. spot Bitcoin ETFs experienced net outflows of $72.67 million, marking a three-day streak. Fidelity’s FTBC ETF recorded a substantial single-day outflow of $68.24 million, suggesting some investors remain cautious.
Options Market Insights and Leverage Risks
The options market reveals bullish sentiment for key November dates, with many traders targeting price levels between $72,000 and $75,000. However, caution is also evident, as one trader placed $64,000 worth of put options, hedging against potential downside risk. The stakes are high, as CoinGlass data indicates a price drop below $68,000 could liquidate roughly $484 million in long positions. Conversely, a breakout above current levels may trigger forced liquidations of $215 million in short positions, underscoring the volatility driven by leveraged trading.
Leverage plays a crucial role in Bitcoin's market dynamics. Should BTC’s price move sharply, liquidation cascades could amplify price swings, heightening market turbulence. This setup remains a double-edged sword, promising either rapid gains or significant losses for traders.
Conclusion
Bitcoin's ascent past $75,000 showcases its resilience as a digital asset, bolstered by election-driven sentiment, favorable technical indicators, and a foundation of growing institutional adoption. While uncertainties surrounding the U.S. election outcome and ETF flows present risks, Bitcoin’s robust support levels and bullish momentum signal a promising outlook. As market participants watch for the next breakout, CRYPTOCAP:BTC remains a focal point in the ever-evolving digital economy.
BITCOIN's Meteoric Rise Targets New Highs – Massive Gains AwaitBITCOIN Analysis:
Bitcoin (BTC) has continued its upward trajectory, hitting initial targets TP1 and TP2, with TP3 and TP4 in sight. This bullish momentum aligns with recent market developments, showing signs of further growth potential.
Key Highlights:
Price Action : BTC has breached significant resistance levels, marking strong bullish activity on the 1D timeframe.
Targets Remaining: With TP1 ($68,220.2) and TP2 ($73,980.5) already achieved, Bitcoin's bullish push looks set to challenge TP3 ($79,740.9) and TP4 ($83,300.7).
Supporting Factors:
Market Cap Surge : Bitcoin’s market cap returned to the top 10 global assets, driven by a recent spike to $75K.
Liquidation Event : A single trader was liquidated for $75M on Binance during Bitcoin's latest surge, highlighting heightened market interest and volatility.
Technical Indicators:
The Risological Dotted Trendline shows a strong upward inclination, adding to the bullish outlook. If BTC continues on this path, TP3 and TP4 could be within reach soon.
This setup signals promising profit opportunities as Bitcoin continues to capture massive interest worldwide. Keep an eye on the remaining targets as BTC pushes towards new potential highs.
BTC Poised for a Breakout: Will Bulls or Bears Take Control?hello guys.
let's analyze BTC
Ascending Channel: BTC is trending within an upward channel, with a broken resistance line acting as support, indicating a bullish trend.
Scenarios Outlined:
Scenario 1 (Bullish): BTC could continue its upward movement, aiming for $74,000 and potentially $76,000 if momentum holds. This scenario suggests a strong rally after breaking through resistance levels.
Scenario 2 (Pullback): BTC may pull back to retest the $66,000–$67,000 range, which would be a healthy correction within the trend. This level could provide a solid support base before the next upward move.
Key Support and Resistance Zones:
Support Zone: Around $66,000, where Scenario 2 will likely play out if a correction occurs.
Resistance Zone: Between $74,000 and $76,000, a potential target for a bullish continuation.
In summary, BTC is currently at a decision point. A breakout above the $74,000–$76,000 zone could lead to a sustained rally, while a retest of the $66,000 support could provide a better entry for bulls. Watch closely for price action at these levels!
Stand StillHey guys and girls,
Here is an updated chart from my (Feb 29, 2024) post.
Sometimes I add a bit to what I have thought. let's do some math here:
Technical Section:
minute:
Wave 4 = 50% of wave 3 ($ 49k)
that was the end of it
Wave 3 is greater than 161.8% of wave 1 ----> Wave 5 = 261.8 % of wave 1 ----> Target = $ 89528
minor:
Wave C = 123.6% of wave A ----> Target = $ 92115
Conclusion: There is only one possibility for the long-term outlook. BTC is about to go vertical!
Appendix:
Stand pat! (Feb 29, 2024)
Dec 28, 2022 (This is what I am basing mine on for the bull market!)
BITCOIN HEADING HIGHER! BUCKLE UP!!!COINBASE:BTCUSD NASDAQ:IBIT
🚀BITCOIN HEADING HIGHER! BUCKLE UP!!! 🚀
Bitcoin is unstoppable, and the next U.S. President won’t change that! 🌟 +67% Potential!
In our previous video, we did a deep dive into Bitcoin. Here's what we covered:
1️⃣ High Five Setup: MASSIVE Multi-Year Cup & Handle and Bull Flag Patterns.
2️⃣ Historical Review: CRYPTOCAP:BTC tops and bottoms – spoiler: we haven’t topped yet!
3️⃣ Trade Insights: Entry/exit points and price targets.
We've successfully bounced off the BULL FLAG retest area and are heading higher. Breaking $74k could mean a breakout of the multi-year cup n handle pattern, targeting over $100k! 🚀
It's early on election night, but in the long run, it doesn't matter for Bitcoin. Don’t believe the FUD.
NFA
#Bitcoin #Crypto #TradingStrategy #HighFiveSetup
Bitcoin and Crypto US Election Day Forecast and Bullish TargetsHi everyone,
In this video I break down how my Bitcoin forecast over the last few weeks has been playing out (nearly exactly) and where we likely go from here...
I think Bulls are in control, and we'll see Bitcoin at ATH to $80k in the coming weeks...
We review an article form POMP today, saying that who wins the election isn't really that important, and showing very bullish outomes after every previous election cycle...
But I do think a Trump win is likely, and will propel Bitcoin higher faster.
We look at the DXY and how that's rolling over nicely here, potentially taking us to "Bitcoin Rally Zone" and even the Vall-halla "Bitcoin Super Pump Rally Zone" where prices can really PUMP!
I'm hearing more and more people talk about an early left-translated cycle and parabolic blow-off top by the end of THIS year, followed by an everything bubble bursting and deflationary bust.
This is where a Trump win could save the long-tail of the 4-year cycle, by saving the economy.
If nothing else, a Trump win would be more pro-crypto because it's not jus him but a very pro-crypto cabinet with RFK, Elan Musk, Cythia Lummis, and more.
But we're not here to talk about politics!
It's the markets reaction to the news, that matters.
I've said 100 times THIS year and EVERY year... "Show me the charts, and I'll tell you the news".
Lastly, I review my now Top 11 factors that could push Bitcoin to $100, $150k, and even $200k.
And the charts showing the same... Interesting that the 1.618, 2.618, and 3.618 almost perfectly align with $100k, $150k, and $250k.
I also show how these targets can be achieved by measured moves of the Bitcoin Bull-Flag breakouts, using 2 different scenarios.
Let me know what you think below, and as always would appreciate a like, tip or share with someone you like in the crypto world!
I we can get to 100 likes, I'll do more of these on a regular basis.. and do an end of week post-election breakdown.
Thanks, and thanks again to TradingView for making this great platform we all use.
Brett Fogle
Moonstream Crypto
1 Year of Bitcoin Bull Run Remaining? In the chart above, we’re analyzing Bitcoin’s historical cycles to see if the current cycle follows a similar pattern.
Bear Run (1 Year): In each of the last three cycles, Bitcoin experienced a bear market lasting exactly 1 year from the all-time high (ATH). This phase saw a significant drop in price as the market corrected.
Bull Run from Bottom (1,064 Days): In the last two cycles, once the bottom was established, Bitcoin entered a consistent bull market that lasted approximately 1,064 days. During this period, the price gradually climbed, eventually reaching new highs.
Current Bitcoin Cycle:
So far, the current cycle appears to be following the same pattern as previous cycles. We’ve already experienced a 1-year bear market after reaching the previous all-time high (ATH).
Currently, we have completed 2 years of a bull run from the bottom, aligning with the 1,064-day bull run observed in past cycles. Based on this historical pattern, we may have 1 year of bull run remaining, which could potentially push Bitcoin to new highs by late 2025.
If this trend continues, it suggests a strong opportunity for growth over the next year, mirroring the end phase of past cycles.
BINANCE:BTCUSDT BITSTAMP:BTCUSD CRYPTOCAP:BTC
Regards
Hexa
All-Time High Bitcoin Mining Difficulty Future Bitcoin's mining difficulty has recently reached a new all-time high, a significant milestone that underscores the network's growing security and resilience. This metric, which adjusts every 2016 blocks to maintain a consistent block generation time of approximately 10 minutes, reflects the increasing computational power dedicated to securing the Bitcoin network.
What Does Increased Mining Difficulty Mean?
• Enhanced Network Security: A higher mining difficulty implies that it becomes increasingly challenging for malicious actors to launch attacks like 51% attacks. This strengthens the network's security and protects its integrity.
• Increased Energy Consumption: As more miners join the network to compete for block rewards, energy consumption associated with Bitcoin mining tends to rise. This has sparked debates about the environmental impact of the network.
• Price Volatility: Increased mining difficulty can influence Bitcoin's price volatility. A surge in mining difficulty may lead to price fluctuations as miners adjust their operations to maintain profitability.
Bitcoin Open Interest Surges Ahead of Elections
In the lead-up to the U.S. presidential election, Bitcoin's open interest has seen a significant uptick. Open interest refers to the total number of outstanding futures contracts on a particular asset. A rising open interest indicates increased market activity and potential for heightened price volatility.
Bitcoin Breaks Above $70K
Bitcoin's recent surge above the $70,000 mark has generated considerable excitement and speculation. This milestone highlights the growing institutional interest in Bitcoin as a store of value and a hedge against inflation. However, it's important to note that such rapid price movements can be accompanied by periods of volatility.
"Calm Before the Storm": Anticipating Volatility
The term "calm before the storm" is often used to describe a period of relative tranquility before a significant event. In the context of Bitcoin, it suggests that the current period of relative price stability may precede a period of increased volatility.
Several factors could contribute to this anticipated volatility:
• Election Uncertainty: The outcome of the U.S. presidential election could have a significant impact on global financial markets, including the cryptocurrency market.
• Regulatory Developments: Changes in regulatory policies can influence the price of Bitcoin and other cryptocurrencies.
• Market Sentiment: Shifts in market sentiment, driven by news events, social media trends, or economic indicators, can lead to rapid price fluctuations.
Navigating the Volatile Market
Given the potential for increased volatility, investors and traders must adopt a cautious approach. Here are some tips for navigating the volatile Bitcoin market:
• Do Your Research: Stay informed about the latest news and developments in the cryptocurrency market.
• Diversify Your Portfolio: Spread your investments across different assets to reduce risk.
• Set Stop-Loss Orders: Use stop-loss orders to limit potential losses.
• Manage Your Risk: Avoid overtrading and stick to a well-defined trading strategy.
• Stay Patient: The cryptocurrency market is known for its volatility. It's important to maintain a long-term perspective and avoid making impulsive decisions.
In conclusion, Bitcoin's increasing mining difficulty, surging open interest, and recent price surge highlight the dynamic nature of the cryptocurrency market. While the potential for volatility remains, the long-term outlook for Bitcoin remains positive, driven by its underlying technology and growing institutional adoption.
Bitcoin: Another FakeoutBitcoin has once again surprised traders with another fakeout. Recently, it has resumed following the established trendline after experiencing some volatility. On the 4-hour chart, there was a minor resistance level positioned at the 69000 dollar mark. Remarkably, Bitcoin has managed to break through this resistance. It's important now to monitor whether it can maintain its price above this level for a sustained period, as this will confirm a potential upward trend. Let's keep an eye on its performance to see if it can solidify its position.