We are very close to a full blown out bullrun in 2025"The whole model consists of 5 submodels:
0. Days t since GB to normalized blocks h = Blocks/210k piecewise linear transformation (Preliminary step).
1. Power Law (log-log linear regression) over h. BTC = h^5.4*10^1.5
2. Diminishing return bands. -0.79^(h+0.9)<deviation of Log10(BTC) from the Log10 of the PL <+5/3*0.79^(h+0.9)
3. Harmonic oscillator with diminishing amplitude. Sin(2pi*h)
4. Time delay learning curve G(h)/2pi.
5. Lines and zones inside the bands.
That is all. Nothing else! Just verify the math."
Leo Heart
Bitcoinprediction
I just sold all my bitcoins after this huge rally that shows noI just sold all my bitcoins after this huge rally that shows no significant volume... the correction on BTC and ETH will be brutal. OR NOT hahaha
It's often a cautious move to exit positions when a significant price surge lacks strong volume, as it can signal a weaker foundation for sustaining the rally.
This can indicate that the market is being driven more by speculation than by robust buying pressure. If a correction does come, it might shake out weaker hands quickly and reset the market with more sustainable trends.
BTC - TARGET REACHED | REPLAY from OCT 2023 - NOWIt is with GREAT pleasure that I say, cheers to you and all the bulls that didn't believe the ATH was in after 74k in March! Although it may seem like I've been a perma-bull, there's been short-term bearish updates throughout the year - let's walk through it and see for yourself!
I will say this, there was a moment when I thought it might happen sooner, but generally I did repeatedly say I plan for the new ATH during December. Close enough!
It is incredibly rewarding to see the entire process playout as I speculated - based off of facts and many hours of analysis and charting since 2017. It all contributed, and makes a world of a difference.
I need some time to plan the next move from here, it will take some time to observe the top out - so keep following!
________________________
BINANCE:BTCUSDT
Bitcoin Roadmap!!!==>>Short term!!!Bitcoin ( BINANCE:BTCUSDT ) created a New All-Time High(ATH) over the weekend. In your opinion, how far will this upward trend of Bitcoin go!?
Because Bitcoin has never had a price history before, analyzing its end is a bit complicated. Of course, I will try to find the end of this Sharpie movement with technical analysis tools and On-chain data .
Bitcoin has been moving in the Ascending Channel on the 15-minute time frame for the past two days .
According to the Elliott wave theory , considering that Fear Of Missing Out(FOMO) is in the market, wave 3 has been extended . It seems that the Upper line of the Ascending Channel and Potential Reversal Zone(PRZ) can be the end of the main wave 5 . Then, wait for the correction. I expect this Bitcoin Sharpie correction to happen if the correction starts.
Fundamental Conditions of Bitcoin:
1-The Fear and Greed Index is in the Extreme Greed Range, and Bitcoin's movements are showing this very well.
2-The Funding Rate for Long positions is very high and in the risk range. Anyone can log in anywhere😂.
3-Open Interest is in the maximum range and can be a warning to start correction in Bitcoin.
4-Lower prices are attractive areas for liquidating long positions.
5-100% of Bitcoin wallets are in profit.
6-I consider the fact that all the famous people in the cryptocurrency market talk about the higher price of Bitcoin, for example, 200 thousand and 300 thousand dollars soon, a warning because whenever these people talk about these goals, Bitcoin has been corrected after some time. So, according to your strategy and capital management, enter the financial markets, especially crypto, which is more risky.
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Finally, I expect Bitcoin to correct to at least $80,000 after breaking the lower line of the ascending channel and the Support zone($81,850-$81,500) .
⚠️Note: We can expect more pumps if Bitcoin breaks the Potential Reversal Zone(PRZ) ⚠️
🙏Note: This is only a personal analysis; please follow your strategy and respect all ideas.Thanks🙏
Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰.
🔔Be sure to follow the updated ideas.🔔
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Is Institutional Demand Driving Bitcoin's Surge to $82,000?
Bitcoin, the world's largest cryptocurrency, has once again shattered records, surpassing the $82,000 mark. This significant milestone, achieved over the past 30 days, represents a remarkable 30% increase in value. The surge in Bitcoin's price is largely attributed to growing institutional interest, particularly evident in the booming Bitcoin ETF market.
Institutional Adoption Fuels the Rally
One of the primary drivers behind Bitcoin's recent bull run is the increasing adoption of Bitcoin by institutional investors. These large-scale investors, such as hedge funds, pension funds, and corporations, are recognizing the potential of Bitcoin as a valuable asset class.
A prime example of this institutional interest is the BlackRock Bitcoin ETF (IBIT). Since its launch, IBIT has attracted substantial inflows, with a recent daily inflow reaching a staggering $1.12 billion. This influx of capital from institutional investors has significantly contributed to the upward momentum of Bitcoin's price.
Unpacking the Demand Dynamics
To better understand the forces driving Bitcoin's price surge, it's essential to examine the various factors contributing to the increased demand:
1. Institutional Investment: As previously mentioned, institutional investors are increasingly allocating a portion of their portfolios to Bitcoin. This institutional buying pressure has a substantial impact on the cryptocurrency's price.
2. Retail Investor Enthusiasm: Retail investors continue to show strong interest in Bitcoin, particularly during periods of market volatility. This retail demand can further amplify price movements.
3. Global Economic Uncertainty: In times of economic uncertainty, investors often seek alternative assets like Bitcoin as a hedge against inflation and currency devaluation.
4. Technological Advancements: Ongoing advancements in blockchain technology, such as the Lightning Network, are enhancing Bitcoin's scalability and transaction speed, making it more attractive to users.
5. Regulatory Clarity: Increasing regulatory clarity in major jurisdictions is boosting investor confidence and facilitating institutional adoption.
The Road Ahead for Bitcoin
While Bitcoin's recent price surge is undoubtedly impressive, it's crucial to approach future price predictions with caution. The cryptocurrency market is highly volatile, and factors such as regulatory changes, macroeconomic conditions, and technological developments can significantly impact Bitcoin's price trajectory.
However, given the strong fundamentals and growing institutional interest, many analysts believe that Bitcoin's long-term outlook remains bullish. As the cryptocurrency ecosystem continues to mature and gain wider acceptance, Bitcoin could potentially reach even higher price levels in the future.
Conclusion
Bitcoin's recent breakthrough to $82,000 is a testament to its growing dominance in the cryptocurrency market. The surge in institutional demand, coupled with other positive factors, has propelled Bitcoin to new heights. While future price movements are uncertain, the long-term potential of Bitcoin remains significant, making it an asset worth monitoring for investors seeking exposure to the digital asset class.
MicroStrategy Purchases 27,200 BTC Worth Over $2Bln, $BTC up 2%In a bold move signaling confidence in Bitcoin’s future, MicroStrategy has acquired an additional 27,200 CRYPTOCAP:BTC , worth over $2 billion, bringing their total Bitcoin holdings to an impressive 279,420 BTC. This acquisition further solidifies MicroStrategy’s position as one of the largest corporate holders of Bitcoin, placing them ahead of many major institutions in the digital asset space. As Bitcoin continues to break new highs, the company is not only seeing massive unrealized profits but also positioning itself as a key player in the ongoing adoption of Bitcoin.
MicroStrategy’s Bitcoin Strategy: More Than Just an Investment
MicroStrategy’s co-founder, Michael Saylor, has long been a proponent of Bitcoin ( CRYPTOCAP:BTC ), often emphasizing the digital asset’s potential as a hedge against inflation and a store of value. With their latest purchase, MicroStrategy has made it clear that their bullish stance on Bitcoin remains unwavering.
At an average purchase price of $42,692 per CRYPTOCAP:BTC , MicroStrategy's total Bitcoin investment has now exceeded $11.9 billion. With Bitcoin trading at new all-time highs, the company is currently sitting on an unrealized profit of over $10 billion. Saylor’s announcement not only highlights MicroStrategy’s commitment to Bitcoin but also demonstrates the company’s strategic approach to accumulating Bitcoin, especially during market downturns or periods of consolidation.
But it's not just about the numbers. MicroStrategy’s commitment to Bitcoin is a reflection of a larger trend among institutional investors. The company’s purchase of Bitcoin continues to position it as the fifth-largest Bitcoin holder globally, behind only Satoshi Nakamoto, Binance, BlackRock, and Grayscale. What sets MicroStrategy apart, however, is its position as the top Bitcoin holder among publicly traded companies, owning a significant 1.2% of Bitcoin’s total circulating supply.
Bitcoin’s Technical Outlook: Poised for Growth
As of the time of writing, CRYPTOCAP:BTC has risen 1.56%, marking a continuation of the bullish trend that has dominated the market in recent weeks. While Bitcoin is already trading at elevated levels, the technical indicators suggest that the digital asset’s rally may be far from over.
One of the most notable patterns on the CRYPTOCAP:BTC price chart is the falling wedge formation. A falling wedge is typically seen as a bullish continuation pattern, indicating that despite recent price declines, the asset is setting up for a significant upward move. The RSI is currently at 78, signaling that Bitcoin is in overbought territory, yet this doesn’t necessarily mean a price reversal is imminent. In fact, the overbought condition could be a reflection of the strength and momentum behind Bitcoin’s bullish movement, with room for further growth.
Additionally, Bitcoin has formed a golden cross pattern, where the 50-day moving average crosses above the 200-day moving average. This is widely considered a highly bullish signal, historically associated with major price rallies. With these key technical indicators in play, CRYPTOCAP:BTC looks poised to break past the $90,000 level, a price target that seems increasingly achievable given the current market conditions.
Global Economic Shifts and Bitcoin’s Growing Role
What’s perhaps most significant about Bitcoin’s current trajectory is how its role is evolving on the global stage. As more institutions and corporate players like MicroStrategy continue to accumulate Bitcoin ( CRYPTOCAP:BTC ), it’s clear that Bitcoin is no longer seen solely as a speculative asset but as a legitimate store of value and a hedge against economic uncertainty.
The increasing adoption of Bitcoin ( CRYPTOCAP:BTC ) by both institutional and retail investors has already begun to shift perceptions of the digital asset. The current economic climate, characterized by rising inflation, volatile fiat currencies, and increasing geopolitical tensions, has created a perfect storm for Bitcoin’s rise. As traditional markets struggle with inflationary pressures, Bitcoin's limited supply and decentralized nature are becoming more attractive to investors seeking a stable and predictable asset.
MicroStrategy’s latest acquisition comes at a time when Bitcoin is nearing new all-time highs, and the company’s strategic positioning in the market reinforces the broader trend of institutional confidence in Bitcoin. As one of the largest corporate Bitcoin holders, MicroStrategy continues to lead the charge, and its actions signal to other institutions that now may be the time to accumulate Bitcoin.
What’s Next for Bitcoin and MicroStrategy?
With Bitcoin showing signs of further bullish movement, many are wondering just how high CRYPTOCAP:BTC can go in this current market cycle. With the support of key technical patterns, such as the falling wedge and golden cross, and MicroStrategy's unwavering belief in Bitcoin’s long-term potential, the stage is set for CRYPTOCAP:BTC to reach new heights in the coming months.
The path ahead may still be volatile, but the overall trend remains overwhelmingly bullish. As the world becomes more familiar with Bitcoin ( CRYPTOCAP:BTC ) and its potential, both the institutional and retail sectors are likely to continue increasing their exposure to the digital asset. The combination of strong institutional support, favorable technical indicators, and Bitcoin’s role as a global store of value suggests that CRYPTOCAP:BTC could be on the verge of breaking through the $90,000 barrier—and possibly even higher.
For investors, traders, and institutions, MicroStrategy’s latest acquisition is a signal of what’s to come: Bitcoin is not just a speculative investment but a powerful asset in today’s global economy. With a growing number of institutional players following in MicroStrategy’s footsteps, the future of Bitcoin has never looked brighter.
Conclusion
MicroStrategy’s latest purchase of 27,200 BTC underscores the company’s continued belief in the long-term potential of Bitcoin. With the company now holding nearly 280,000 BTC and seeing significant unrealized profits, it’s clear that their Bitcoin strategy is paying off. As CRYPTOCAP:BTC continues to rise, MicroStrategy’s position as the largest publicly traded corporate holder of Bitcoin sets a precedent for other companies to follow suit. With Bitcoin's technical indicators suggesting further growth, CRYPTOCAP:BTC is primed for a bullish rally, and MicroStrategy’s strategic move could mark just the beginning of a broader institutional shift toward Bitcoin.
Bitcoin: Is a New Bullish Run on the Horizon? Despite Bitcoin's impressive 50% rise this year, the past six months have been challenging for investors. After the much-anticipated halving event in April, many expected a substantial surge in Bitcoin's price. However, since then, the cryptocurrency’s value has remained relatively stagnant, currently hovering around $68,600. This situation leaves investors at a crossroads: should they continue to invest in Bitcoin with hopes of significant gains, or is it time to explore other high-risk, high-reward alternatives?
The Investment Dilemma: Short-Term vs. Long-Term Outlook
If you are contemplating an investment in Bitcoin, managing expectations for the remainder of the year is crucial. Current predictions suggest that Bitcoin has about a 57% chance of reaching a new all-time high in 2024, making it essentially a coin toss as to whether it will surpass its previous peak of $73,750. The probability of Bitcoin hitting the much-anticipated $100,000 milestone this year stands at a modest 14%, further highlighting the uncertainty in the short term.
However, the long-term outlook for Bitcoin remains optimistic. For instance, investment firm Bernstein predicts that Bitcoin could reach $200,000 by the end of 2025. Visionaries like Cathie Wood, founder of Ark Invest, foresee Bitcoin soaring to $1 million by 2030. Even more ambitious, Michael Saylor, founder and executive chairman of MicroStrategy, believes that Bitcoin could reach a staggering $13 million by 2045.
For investors seeking short-term gains, Bitcoin may not be the best option at present. Tech stocks, such as Nvidia, which has seen a 159% increase this year, could offer more immediate returns. However, for those considering a longer investment horizon—five years or more—Bitcoin still presents a solid opportunity for growth.
Bitcoin’s Role in the Future Financial System
One of the most compelling reasons for Bitcoin’s long-term potential lies in its ability to transform the global financial landscape. Bitcoin is more than just a digital currency—it is underpinned by blockchain technology, which promises faster, cheaper, and more efficient financial transactions. The potential to disrupt traditional financial systems and become a cornerstone of the global economy is what makes Bitcoin an attractive investment.
Cathie Wood likens Bitcoin's potential to that of the "information superhighway" that revolutionized the internet. She envisions a "financial superhighway" where blockchain replaces the internet and economic value replaces digital information. Wood predicts that Bitcoin could reach $1.5 million within a few years, a reflection of its transformative power.
However, it's important to remain cautious about such lofty predictions. While Bitcoin’s revolutionary potential has been touted for over a decade, much of its promise as a viable payment method remains unfulfilled. For example, when was the last time you used Bitcoin for an everyday online purchase? Adoption, though growing, is still not at a level that justifies these sky-high predictions.
A New Wave of Political Support for Bitcoin
One significant shift in 2024 is the rise of political support for Bitcoin in the United States. There's growing awareness that the US is lagging behind other countries in terms of crypto adoption. High-profile politicians, including former President Donald Trump, have started advocating for America to become the “crypto capital of the world” and a “Bitcoin superpower.” The idea of a “Bitcoin arms race” with other nations is gaining traction.
In July, Senator Cynthia Lummis (R-Wyoming) proposed the idea of establishing a national strategic reserve for Bitcoin. She suggested that the US should commit to acquiring 5% of all Bitcoin in circulation, similar to how the country maintains a strategic oil reserve. While this may seem bold or even risky, it reflects the growing belief in Bitcoin’s long-term value.
These political developments add momentum to the optimistic price predictions, but it's important to remember that Bitcoin won’t skyrocket to $1 million overnight, even with the introduction of Bitcoin ETFs or strategic reserves.
Bitcoin’s Price Journey and Future Prospects
Since 2013, Bitcoin has risen from $100 to its current $68,600. If you believe in its continued upward trajectory over the next decade and are prepared to endure the inherent volatility of cryptocurrencies, it might be worth considering an investment while the price remains below $100,000.
However, the question remains: is Bitcoin ready for another major rally?
Technical and Market Insights
From a technical standpoint, Bitcoin is currently sitting on a significant dynamic resistance trendline, which it has failed to break through five times since March 2024. The more a support or resistance level is tested, the weaker it becomes. This suggests that Bitcoin may be gearing up for a potential breakout.
Additionally, the latest Commitment of Traders (COT) report reveals an interesting contrast. Commercial traders, often referred to as "smart money," are increasing their long positions, while large speculators have turned bearish. This divergence could indicate that the institutional market believes a bullish run is imminent, while retail traders remain cautious.
Adding to this, the seasonality pattern from last year showed a strong bullish run starting around this time. Could history repeat itself? The confluence of a weakening resistance, smart money bullishness, and favorable seasonality patterns could point to a new upward movement for Bitcoin.
Conclusion: Should You Buy Bitcoin Now?
Bitcoin's current situation presents a mix of opportunity and risk. While the short-term outlook remains uncertain, the long-term potential for Bitcoin as a transformative force in the global financial system is undeniable. With institutional investors showing increased interest and political support growing, Bitcoin could be on the verge of a significant breakthrough.
For those with a long-term investment horizon and the ability to weather volatility, Bitcoin remains a strong contender in the world of high-risk, high-reward assets. However, if you’re looking for short-term gains, you may want to explore other options like tech stocks, which have been delivering exceptional returns this year.
What do you think? Will Bitcoin finally break through its resistance and embark on a new bullish run? Let us know your thoughts in the comments below.
Bitcoin $150k target by Nov 2025, if up channel holdsLooking at a logarithmic chart of BTCUSD on a weekly basis, we can see an ascending non-equidistant channel that bitcoin has been following where it has just regained the middle line of the channel with the recent move to $80k, a major psychological level that could switch between support and resistance in the coming months, and with $150k price target within reach if BITSTAMP:BTCUSD can hold this channel over the next 12 months.
Bitcoin Upward WavesSince the previous Bitcoin Impulse wave analysis got very long, here the subsequent analyses for Bitcoin Upward waves will be presented. Anyway, continuing from the last analysis; the correction started when Bitcoin touched the major channel's upper line and the horizontal resistance area (The chart of previous analysis is provided for reference in blow). There are two possible areas for the current Bitcoin't correction wave. The first is the purple triangle, and the second is the orange one. The only difference between these two areas is that if the Bitcoin reaches the orange triangle, the major ascending channel will be invalidated, since Bitcoin has breached the channel's bottom. Let's see what happens.
BTC series of W-patterns is about to complete on TuesdayThe current cycle of BINANCE:BTCUSDT growth through a series of W-shaped patterns with corrections by fibonacci from 0.312 to 0.618 after each W, is about to change the structure, we may expect the correction start in 1-2 days. Be very careful traders.
Bitcoin Bullish Q4 Ahead? Historically, when Bitcoin ends September in the green, Q4 tends to see strong bullish momentum. In years like 2015, 2016, and 2023, Bitcoin posted significant gains in October through December following positive Septembers. This pattern suggests that Bitcoin could be poised for another rally in Q4 2024 if history repeats, making it a favorable time for potential price surges.
$BTC bottom and top targets. Top = $123-127k, bottom = sub $10kThis is the chart I'm using to guide the top and bottom of the cycle.
Now that we've decisively broken above the bull/bear line, the next targets on the chart are $83-$86k and then $123k-127k.
Those should be significant resistances where price will reject. If we make it up to the top resistances, I think that will mark the end of the cycle.
As long as we don't break below $66k after touching those resistance levels, price will remain bullish.
If we break below $66k, then the $9k bottom is possible.
Simple as that.
BITCOIN Short Trade Alert: Pullback Opportunity on 4H ChartBITCOIN (BTCUSD) Technical Analysis:
Bitcoin's 4-hour timeframe is presenting a promising short trade opportunity. The chart signals a potential pullback after testing key resistance levels. This setup is particularly appealing for traders leveraging 5x to 10x positions.
Trade Summary:
Entry Point: $76,549.8
Stop Loss (SL): $76,885.1
Targets:
TP1: $76,135.5
TP2: $75,465.0
TP3: $74,794.5
TP4: $74,380.2
Key Insights:
Trendline Breach: BTC's price action is testing a steep upward trendline, hinting at a potential reversal.
Momentum Shift: Weakening bullish momentum on the higher timeframe adds confidence to the short trade.
Risk-Reward Balance: Tight stop loss above resistance ensures a favorable risk-to-reward ratio.
Leverage Consideration:
5x Leverage: For risk-averse traders aiming for steady returns.
10x Leverage: Suitable for aggressive traders ready to maximize potential gains while managing risk.
Recommendation:
Execution: Enter short positions near the marked entry zone with targets aligned with the support levels.
Stop Placement: Keep the stop loss firm above the $76,885.1 resistance level to avoid unnecessary risks.
Trend Monitoring: Watch for sudden market sentiment changes that may invalidate the pullback.
Conclusion:
This Bitcoin short trade setup offers an excellent opportunity for traders looking to capitalize on a pullback scenario. Leverage wisely, adhere to risk management, and let the strategy play out for maximum gains.
Politics vs Profits | The US elections & Crypto Harris, Trump, or Crypto ? Only One Goes Brrrr !
1/ The crypto market typically dips ahead of US elections
In 2016, there was a 10% dip, in 2020, a 6% decline, and so far in 2024, a 6% decrease. However, these drops aren't unusual; they can happen without clear triggers on any given day or week. So attributing extra significance to the current dip due to election is overblown it’s just business as usual in crypto
2/ The election results will trigger either a market boom or bust
Markets crave certainty over specific candidates. Once the election is over, investors can look ahead and allocate accordingly. In the grand scheme, Bitcoin and the wider crypto market don’t care who sits in the Oval Office. Whether it’s a red, blue, or mixed government, historically, crypto trends upward over time.
3/ Trump/Harris will be terrible for the economy
While Republicans and Democrats have vast differences (more so now than ever), unity isn’t our forte. How can we bring the nation together? Maybe start with a common interest and go from there
One thing’s certain, both parties have an affinity for money printing , While it’s a headache for the US’s debt situation, it benefits crypto.Why? Because a share of that newly minted money typically flows into crypto assets, which have limited or predictable inflation.
In essence, money printing devalues the US dollar but bolsters the value of scarce assets (like crypto) over time.Regardless of who wins, the money printer is expected to stay active.
While election may provide market clarity, it’s not a sure thing. Close elections can take days to finalize. So, if you feel like panicking, just remember this:
Zoom out → stay calm → remember…In the long run, crypto tends to prevail.
November is off to a roaring start with several significant market events – and that’s just in the first week! But before we look ahead, let’s review October to see where we stand:
1/ October Recap
Expectations were high for ‘Moontober,’ and it delivered (though gains were modest).
October saw:
- $ BTC up 11%, with the broader crypto market up 10%
- US Bitcoin ETFs purchased 5.83 times more CRYPTOCAP:BTC than was mined in October.
This demand and limited supply helped push the total crypto market cap out of an 8 month descending trend, signaling a potential reversal.
2/ Macro Outlook
Now, on to November. This week features two major macro events:
- US Elections – Tuesday, Nov 5th
- Rate Cuts – Thursday, Nov 7th
Markets expect a 0.25% rate cut. Though smaller than September’s 0.50% cut, it could ease market pressure.Lower borrowing costs reduce debt servicing expenses, freeing up cash for spending and potentially boosting both the economy and crypto markets.
The bonus? Historically, Bitcoin’s average return in November is +43%
If this trend holds, we could see CRYPTOCAP:BTC hit $100k by month’s end!
Cross your fingers, toes, and eyes!
3/ Token Unlocks
October had $5.4B worth of token unlocks, creating potential sell pressure. Thankfully, November’s unlocks are lighter at $2.6B, which may limit that pressure.
4/ Earnings Reports
This week brings earnings from:
- Franklin Templeton (managers of the AMEX:EZBC Bitcoin ETF)
- Arm (semiconductor architecture designers)
- Qualcomm (wireless tech products)
- Sony (self-explanatory)
But November 20th is the main event, with Nvidia ( NASDAQ:NVDA ) – the AI powerhouse – reporting earnings.That’s November in a nutshell.
We’ll be here daily with updates as events unfold
HOW TO GET RICH PREDICTING BITCOINS BULL RUN & CRASH! TUTORIALCOINBASE:BTCUSD NASDAQ:IBIT AMEX:BITX
HOW TO GET RICH PREDICTING BITCOINS BULL RUNS & CRASHES! TUTORIAL
In this must-watch tutorial, I'll reveal the secrets to predicting Bitcoin's rise and fall with stunning accuracy. Join me as I walk you through four distinct indicators that you can use to jump into Bitcoin before massive runups and dodge huge crashes. Whether you're a seasoned trader or a crypto newbie, these insights will transform how you approach the market. Don't miss out on this exclusive analysis that could change your financial future!
Smash that like button and follow for more game-changing strategies, ideas, and tutorials!
Bitcoin Approaching Key Resistance—Watch for Breakout / PullbackSince the last analysis, Bitcoin has respected the Crucial Support Zones and is now approaching a pivotal point at the Descending Resistance trendline.
We’ve seen a bounce off the support zones, particularly the 1W BISI, which has held firm, and the next move will be decisive as BTC approaches the U.S. Election timeline in early November.
Key Developments:
Bitcoin is approaching the Descending Resistance, with a potential breakout signaling a move towards 76K and beyond.
The 1W BISI (one-week bullish imbalance support) has acted as a strong foundation for this current price action, making the upcoming resistance test a crucial moment.
The RSI is sitting comfortably above 55, showing momentum building up in favor of the bulls.
Strategy Update:
Swing Traders: Look for confirmation of the breakout above the descending resistance. If price holds and closes above this level, a run toward 76K and 80K becomes highly probable.
Scalpers: Stay cautious around the resistance zone. If Bitcoin fails to break out convincingly, a short-term pullback to retest the 1W BISI could provide shorting opportunities.
Key Levels:
Resistance: The Descending Resistance trendline is your key point for watching breakout potential. If BTC breaches this level, expect a rally to 72K and 74K.
Support: The 1W BISI and Crucial Support Zone 1 (around 64K) will act as strong support levels in case of any short-term corrections.
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This setup remains crucial as the U.S. Election date approaches, a point that may trigger increased volatility across markets. Keep your risk management tight and stay flexible as the market prepares for its next major move.
Bitcoin Price Set for Rally as Falling Wedge Pattern Conforms In the latest bullish developments for Bitcoin ( CRYPTOCAP:BTC ), the accumulation of $145 million in BTC by new wallets is driving market optimism, suggesting an impending rally. This fresh wave of buying has coincided with a technical breakout, solidifying sentiment that BTC could potentially soar to $100,000 by the end of the year. Here’s a deep dive into the technical and fundamental factors fueling this optimism.
Fresh Wallets Signal Strong Bullish Sentiment
According to a recent report from Lookonchain, 10 new wallets have collectively accumulated 1,910 BTC, valued at approximately $145 million, from the crypto exchange Binance. This massive purchase not only highlights heightened demand from high-net-worth investors but also signals broader market confidence. On-chain data shows a parallel drop in BTC exchange reserves, reflecting strong accumulation patterns—a bullish indicator that demand is outpacing supply.
This buying spree comes as the crypto market enjoys a wave of institutional interest, partly driven by recent inflows into Bitcoin exchange-traded funds (ETFs). Notably, Farside Investors reported that the US Spot Bitcoin ETF saw over $1 billion in inflows on November 7, marking a record since its inception in January. BlackRock’s BTC ETF accounted for $1.11 billion of this influx, underscoring increasing institutional faith in BTC as a long-term investment.
Macro Environment
Following Donald Trump’s recent victory in the U.S. presidential election, hopes are rising for a favorable regulatory landscape. With his support for Bitcoin and digital assets, Trump’s administration could be instrumental in shaping clear regulations, which would benefit the broader crypto market. This political shift has sparked optimism, as it aligns with heightened activity from whales and institutional players who are eyeing BTC’s potential to reach new highs.
Technical Analysis
On the technical front, Bitcoin ( CRYPTOCAP:BTC ) has confirmed a falling wedge pattern, a formation typically associated with bullish reversals. This pattern suggests that CRYPTOCAP:BTC may break out to higher levels, with many analysts eyeing $100,000 as a near-term target, potentially by the end of 2024.
At the time of analysis, CRYPTOCAP:BTC is trading around $76,209, up 1.6% from the previous day, with an all-time high (ATH) of $76,943 reached in the last 24 hours. Notably, the Relative Strength Index (RSI) currently sits at 66—approaching the overbought territory—indicating strong upward momentum. Additionally, a doji candlestick pattern on the chart reflects indecision in the market; however, this is often followed by a breakout, particularly in an established bullish trend like the one BTC is in now.
Further strengthening the outlook is the potential formation of a golden cross, where Bitcoin’s moving averages (MA) have crossed above each other, historically a powerful bullish signal. This pattern, combined with increased whale activity and institutional inflows, paints a promising picture for BTC in the short and long term.
Market Sentiment and Price Predictions
Current trends and market sentiment are highly favorable for BTC. If BTC can maintain its crucial support level of $71,489, analysts expect it could rally to $80,000 in the coming weeks. Some even project a target of $88,000 by the end of November, bolstered by the steady increase in BTC Futures Open Interest, which has risen 1.7% in the last 24 hours. This rise in open interest is another indicator of strong market confidence.
However, the recent surge has brought sharp volatility into focus. While the rally is expected to continue, investors should remain cautious, as significant price increases can lead to profit-taking, which may result in price corrections.
Economic Indicators and Future Outlook
Upcoming U.S. inflation data, including the Consumer Price Index (CPI) and Producer Price Index (PPI), may influence market sentiment. Positive inflation data could create further tailwinds for BTC by reinforcing its role as a hedge against inflation. Furthermore, political support from Trump’s administration is expected to provide a regulatory boost, potentially fostering a more robust digital assets market in the U.S.
Conclusion
With technical indicators aligning with strong fundamental factors, Bitcoin ( CRYPTOCAP:BTC ) appears poised for a substantial rally. The recent accumulation by new wallets, coupled with favorable macroeconomic conditions and strong institutional support, sets the stage for CRYPTOCAP:BTC to potentially reach the highly anticipated $100,000 milestone.
As always, investors are advised to monitor the market closely, as rapid price changes can trigger volatility. Yet, the ongoing surge in institutional interest, whale activity, and positive regulatory developments suggest that CRYPTOCAP:BTC could be on the brink of a historic rally.
Bitcoin Events and the PI Cycle Top Indicator
### Chart Description :
* Title :* Bitcoin Weekly Cycle Analysis with Key Indicators and Events
* Time Frame :* Weekly
* Indicators :*
- * Pi Cycle Top Indicato r:*
- This indicator uses two moving averages:
- 111-day Moving Average (111DMA)
- 350-day Moving Average multiplied by two (350DMA x 2)
- *Functionality:* When the 111DMA crosses above the 350DMA x 2, it historically signals that Bitcoin might be reaching a peak in its market cycle. This indicator has been noted for its accuracy in predicting Bitcoin's market tops to within days.
* Event Markers :*
- * U.S. Election Dates :*
- Marked on the chart are vertical lines at the points where U.S. presidential elections occurred. This helps in analyze how political events influence Bitcoin's price movements.
- * Bitcoin Halving Dates :*
- Highlighted with vertical lines. Bitcoin halvings occur approximately every four years, reducing the reward for mining new blocks by half, which typically impacts Bitcoin's supply and often leads to price appreciation due to increased scarcity.
* Cycle All Time Highs :*
- Place markers on the chart where Bitcoin has reached its all-time highs in each cycle. This can provide context on how close the peaks are to halvings or elections, potentially illustrating patterns or correlations.
* Price Prediction *
$148 in Q3 2025
Bitcoin: Step-by-Step Action Plan for 2025
Bitcoin has just reached its 60-day cycle low, coinciding with the conclusion of the U.S. election—a critical moment in both markets. If this cycle follows a "right-translated" pattern, we could see BTC maintaining bullish momentum for the next four weeks.
In trading, two types of participants tend to profit: those who spot and act on trends using indicators, market structures, or other strategies, and those who rely on luck by buying at the right time. While luck might bring gains in a market with Bitcoin’s history of strong growth, relying on it is often short-lived. Without the skill to analyze the market, "lucky" traders often lose out in the long run, especially when conditions turn.
For sustainable success, understanding the 60-day cycle and recognizing right-translation as a bullish sign can make all the difference. Watch for potential upward movement in Bitcoin over the coming weeks, but remember to keep an eye on key indicators and manage risk carefully!
What Are the Cycles Telling Us About Bitcoin and Altcoins Right Now?
Bitcoin Confirmed 60-Day Cycle Low: Bullish Setup for the Next 40 Days
Bitcoin's price is showing signs of upward momentum. Our 3-day indicator, which we aimed to see below 20, has started turning upward, suggesting a bullish short-term pattern. Currently, the daily indicator sits around 46—potentially a good entry signal. Over the next 3-4 days, we could see a strong price push, potentially followed by a brief consolidation.
The ideal buying opportunity came at the last cycle bottom of $56,000, with the next best entry at the recent low around $70,000. Now, with Bitcoin confirming its 60-day cycle low at $68,000 and beginning its ascent, a right-translated cycle could mean a climb over the next 40 days, providing ample time for gains.
While the 1-week indicator (red line) is above 80, it’s holding steady, indicating a continued bullish phase. Although this weekly indicator may dip to 20 within the next month or two, bringing another buying opportunity, strong uptrends can mean that waiting could result in missed profits. Stay alert for potential pullbacks, but the momentum is favoring the bulls!
Don't sleep on open profits - always take profits on the cycle tops!
Bitcoin: Cup and Handle Pattern.BTCUSDT (weekly chart) technical analysis update
BTC's price has formed a cup and handle pattern on the weekly chart and the price has been moving within the handle for the last five months. Once the price breaks the cup and handle neckline, we can expect a strong move with the potential to reach $100K in a few months.
Regards
Hexa
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.