"Bitcoin Bullish Forecast: Fibonacci and ATR Calculations" $85K

Updated
I used Fibonacci calculations with ATR guidance and the E.R. Index to arrive at a precise target of $85.803, aligning closely with my ATR-based projection of 85K. This concept, titled **"9740.1 Percentage in Pips = 85K,"** applies a Fibonacci pullback, and as we can see, Bitcoin has not yet signaled a sell.

I rounded up certain figures so none of you miss out on this exceptional Bitcoin bull market. It's crucial to understand—I have been anticipating a minor correction, yet the bulls have held strong. As I’ve mentioned before, this is undeniably a bull market. My goal in creating this idea is to keep you one step ahead. However, please take note: if you enter now, there may be a pullback—a baited dip—but at least you’ll be positioned to ride the wave instead of missing out entirely. I know many of you sold too early, before the price surge, and missed out on extra revenue.

This idea has been carefully scanned and validated for accuracy. Use it with confidence as you navigate the market.

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The ForexX_E-R-Index indicator visually represents the strength of bullish and bearish forces in the market. By calculating values above or below a central reference, it highlights shifts in buying or selling pressure. The indicator’s two main lines reveal whether bulls or bears dominate, while the shaded area between them shows the gap between their strengths, giving insight into market momentum and potential reversals.

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The ForexX_Rocket_Blast indicator combines Bollinger Bands and RSI to identify potential reversal points in the market, giving signals for buy or sell opportunities. When the price moves below the lower Bollinger Band and the RSI indicates an oversold condition, a buy signal appears, suggesting a potential upward reversal. Conversely, if the price goes above the upper Bollinger Band with the RSI showing overbought conditions, a sell signal is triggered, indicating a possible downward reversal. The indicator adds visual cues for these signals on the chart, helping traders spot entries and exits with minimal interference from other indicators.

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The ForexX_Enhanced-ATR-Trailing-Stops-Strategy** indicator combines ATR-based trailing stops with trend filtering and dynamic volatility adjustment to optimize trade entries and exits. It uses ATR values to calculate a trailing stop that follows price movements, adjusting sensitivity based on volatility levels. A trend filter (SMA) helps refine signals by aligning entries with the broader market trend. When price crosses above the trailing stop in an uptrend, a buy signal is generated, while a downward cross in a downtrend triggers a sell. Additionally, risk management adjusts position size based on the user's account size and chosen risk percentage, making the strategy adaptable and robust for various market conditions.

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The **ForexX_ATR-Bollinger-Shark-Finning** indicator uses both ATR and Bollinger Bands to identify potential price breakout or reversal zones. It creates ATR bands around the price based on a customizable moving average, with a multiplier that adjusts the band distance, indicating volatility zones. The indicator also adds optional Bollinger Bands, which serve as additional volatility boundaries. These two sets of bands create a visual "fin" effect, highlighting areas where price might experience sharp moves. Alerts are set to notify the user when price crosses above or below these bands, signaling potential entry or exit points. The transparency and colors are customizable, making it flexible to combine with other indicators.


Note
9740.1 PERCENTAGE IN POINTS (PIPS) =$85k


Original 85k idea since 6/24/24
Note
Traders: I’ve identified a recurring pattern that suggests bullish manipulation, indicating that bulls might continue to push prices upward, albeit with minor corrections. However, the current situation is complex, as the TAS indicators have reversed, making it challenging to predict the next move. I will analyze this pattern further and provide potential scenarios once I have a clearer understanding.

Analysts have projected that Bitcoin could reach $85,000 by the end of 2024 yet did not based on its current previous market trends and technical indicators and for this reason I do my own research.

Respectfully, I listen to what they have to say but I’ll never take their advice. I had to learn the hard way.

85k target aligns with observed ATR and Fibonacci calculations, measurements and market behavior. I will provide more detailed insights for entry.


I’m also adding target idea reached to 79k which was created back on 8/22/24 and today is 11/10/24. This pattern was through only halving measurements but taking into account we’d have different volumes—

COPY—Since 8/22/24–“BITCOIN MEASUREMENT HIGHLIGHTS!” ($79k)


This, of course, benefited long-term traders, but those focused on short-term moves were wise to exit before the price hit this level, as there was concern about an impending minor correction.
Don’t feel discouraged about missing out on this extra revenue—trading doesn’t end today. It’s a long journey, and there will be plenty more opportunities ahead. Stay focused and keep building your skills.
Note
“Traders, I wanted to give you a heads-up about this user, famousnubia55. While he appears to be a different trader, I suspect they may actually be someone from TradingView’s top feed, likely the same individual using another account.

There are two conflicting ideas circulating that seem to be related to this from TradingViews famous top feed and after some deeper investigation, I felt it was worth sharing. This type of behavior is practically ghostly—nothing substantial behind it—so I’d recommend simply ignoring it.”
Note
“Shiba: Is ready for entry, but if you’re going to go in, go long. My algorithm sniper has locked onto a setup above 0.000040, and ALEO is primed for a dramatic move to $4.69. My ATR plotter has picked up two imminent explosions, ready to ignite.

Days ago—maybe even last week—I called Shiba’s preparation for a big move, and now it’s all falling into place. With my real-time updates, you’ll stay ahead of the game, and I’m all-in on my insights. I don’t mess around; those who follow me will find themselves in a league of their own financially. Even with limited TA tools, I only speak when I know it’s solid. This is more than technical analysis—it’s about feeling the pulse of the market day and night, becoming your own oscillator, sensing the trend’s direction as if it were second nature.

That’s the commitment I bring to you to the table. Let’s get ready for what’s coming.”
Note
If you’re planning to go long, here’s my take: the ATR pips are pointing to an 85k target. Don’t let minor corrections shake you. For short-term traders considering an entry, now more than ever, think carefully if this is the right move. I’m speaking here with an eye on U.S. stocks, which have been helping to push Bitcoin up, but signs point to a correction come Monday.

For those of you who’ve waited this long just to risk getting caught in whale bait—it’s likely not worth it. But if you decide to enter, stay calm and watch for the pullback; Bitcoin has some surprising price action on the horizon. When we get close to hitting that target, I’ll sound the alarm. Beyond that, I can’t advocate for chasing the hype, as the herd will likely start calling for sky-high ATHs. That’s precisely when the whales swoop in for a surprising correction—timing and scale unknown to anyone, myself included.

As always, we’ll move carefully with the price. There’s no need to sound the alarm with a dramatic red arrow signaling doom. Just know that when the time comes, I won’t rush to post a sensational idea. My new approach is to wait for my pips calculations to align with market sentiment, and only then will I consider a short position idea.
Note
"Traders, great news! My ATR has finally auto-populated for a pips-based long position on the daily timeframe. This is exactly what we've been waiting for, especially with the market moving as unpredictably as it has been. Now, we have a clear directional signal.

Currently, I have a defined price range, but we’ll hold off on any action for now. We anticipate a pullback after today’s five-hour downtrend sequence, which could indicate either consolidation or a minor correction. Once that is completed, I’ll reevaluate the position to ensure the best entry. Stay tuned!"
Note
"Traders, it seems some of you may have already entered the Bitcoin pullback. Although I hadn’t officially given an entry signal, if you’ve stepped in, there's no need to worry or look back. I’ll be analyzing a Fibonacci calculation combined with ATR pips in a 2-day timeframe, which has revealed a promising target.

Stay calm and trust the process—I’m right here with you, every step of the way, all the way to the end."

These are my real-time updates and we will dominate the bear market as it arrives at a later time.
Note
"My Whale Algo has signaled a strong pump on the two-day timeframe. Get ready—prices are about to intensify. For short-term traders, whatever you do, ensure the price does not fall below $78,809."

"Be sure to set a stop-loss for yourself. Don’t hold back or hesitate—this is not a ‘what-if’ game."
Note
"Dark Pools have introduced some misleading volume into Bitcoin, but this signal is geared toward driving prices higher."

Note
Updated new Bitcoin Targets:
BITCOIN New Updated Main Targets: $88K-$90K-$83K


“Don’t fear the trend. Long-term positions remain secure, but short-term traders should know that while these targets are likely to be hit, the journey will have its ups and downs. To stay in a win-win position, avoid selling yourself short—sell when it suits you and look for the right moment to re-enter.”
Note
“I have a separate volume threshold specifically for tracking whale activity, and there’s currently a power surge spike on their 5-day timeframe.” It will develop.
Note
“This advice is specifically for short-term traders: if you want to stay profitable, even with targets likely to be hit, you’ll need to use a 30-minute volume timeframe. Right now, make sure the top body of any candlestick doesn’t close below $80,119. Draw a horizontal line at that level—anything lower puts you in the whales’ bait zone, below their contraction line, where they trap retail traders.

If you’re going long, set a stop-loss. Remember, long positions don’t mean a straight path up; trading is full of ups and downs. By tomorrow morning, before the NYSE opens, watch for any potential corrections. If NYSE does enter a correction, you could get pulled in along with some of the herd into consolidation territory. Stay alert!
If I’m available before the NYSE opens I’ll blow the whistle if I detect a red flag!”
Note
“If Bitcoin were to enter a correction, smart money currently has the price pegged at $70,276—so be cautious. You’ve all seen my 85k target idea from back on 6/24/24. What can we take away from this?

— Is the target on track to be fulfilled? Yes.
— Has the price experienced a drop? Yes.”


9740.1 PERCENTAGE IN POINTS (PIPS) =$85k

Note
“Here’s the aftermath of how prices moved; you can fill in the rest based on today’s price.”

COPY: PIPS ATR: The REAL DEAL $85k/ since 6/24/24
Note
“I just ran a Fibonacci calculation with my calculator. If you’re looking to play it safe, knowing these targets are likely to be filled but still wanting an exit—or if you simply prefer to exit for any reason—the daily timeframe shows a calculated price of $81,669. This suggests the price could start to decline around that level. So, what are you waiting for?

This is aimed at short-term traders; long-term positions remain secure.”
Note
I warned about this. Don’t go greedy.
Note
“At this point, $81,669 is likely the maximum upside for Bitcoin. This Fibonacci calculation was intended as a safe guide for short-term traders who entered the trade late.
Can Bitcoin keep moving up? Possibly but know your stop-loss. This is a practical short-term Fib strategy.
Happy trading!”
Trade closed: target reached
This target has been filled and completed:)
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