update BTC priceas I said in the previous post. We finished the first 4 candles. Now We're looking for 120k in Apr-2025.
BULLUSD trade ideas
The U.S. presidential The U.S. presidential election is a highly significant event that draws global attention. It typically takes place every four years on the first Tuesday of November. In this election, American citizens vote for their preferred candidate, choosing between representatives from the major political parties, primarily the Democratic and Republican parties.
The process begins with primary elections and caucuses held in each state, allowing parties to select their candidates. This phase is followed by the national conventions, where each party officially nominates their presidential candidate and running mate. The campaign season, characterized by debates, rallies, and extensive media coverage, then intensifies as candidates present their policies and attempt to gain voter support.
In the United States, the election operates under an Electoral College system rather than a direct popular vote. Each state has a certain number of electoral votes based on its population. To win the presidency, a candidate must secure at least 270 out of 538 electoral votes. This system means that the outcome can sometimes differ from the national popular vote, leading to debates about its effectiveness and fairness.
Voting is a key aspect of American democracy, and while voter turnout varies, presidential elections generally see a higher level of participation. Issues such as healthcare, economy, foreign policy, and climate change are often central to the debates and can influence the decision of millions of voters.
Bitcoin Bybit chart analysis November 6Hello
It's a Bitcoinguide.
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This is a Bitcoin 30-minute chart.
There is no Nasdaq indicator announcement.
After Bitcoin broke through its highest point,
it is almost impossible to draw a resistance line.
Except for personal feelings, I will follow the trend.
*One-way long position strategy when the red finger moves
1. 73,877 dollars long position entry section / When the purple support line is broken
or when section 2 is touched, stop loss price
2. 77,575 dollars long position 1st target / Good 2nd target
When the daily chart ends, it is a long position re-entry section of 76,272.5 dollars,
but it would be good to proceed with the stop loss price on your own.
While tapping the center line of the 30-minute chart several times
Since the short-term pattern is currently broken
The 1st section of the purple finger
marked at the top
is an autonomous short or wave confirmation section. Whether it touches or not is important, right?
If you break through here, it can be directly connected to the uptrend, so be careful.
The 2nd section is a strong uptrend condition
A rebound can occur until the bottom touch,
but if you break through the all-time high, it can be connected to the Whipsaw, so
you must be careful.
Up to this point, I ask that you simply use my analysis for reference and use,
and I hope that you operate safely with the principle of trading and the loss cut price.
Thank you.
Bitcoin Approaching 81205After succesful retest to 67500 - 68000 , technically expecting upside move to 81205
BTC ALL TIME HIGH NEW TARGETHello friends as I've told earlier now BTC gets bullish as it has already taken support from daily time frame trend line.
Now new short term target I've found from pole & flag in 30min time frame. As all time high there is no resistance. Also now election is over so markdt will be stable.
This new target is valid if given proper breakout. Then with good probability and risk reward is achieved.
This is my personal view no buy sell recommendations.
Give your views in comment section.
Bullish on BTCCup and Handle Pattern, a strongly bullish pattern has been formed on Bitcoin.
This technical pattern along with the news of Donald Trump winning the US Presidential Election is all set to throw BTC to the Moon.
Let's see what we can achieve.
Targets: 80k, 86k, 100k
Bitcoin Bybit chart analysis November 5Hello
It's a Bitcoinguide.
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This is the Bitcoin 30-minute chart.
The Nasdaq indicator will be released at 12 midnight tonight.
The purple finger at the bottom left, $66,806,
is the final long position entry point for the Gap7 section in the analysis article from yesterday, November 4.
I marked this section because it could be the start of a bullish train.
*One-way long position strategy when the red finger moves.
The purple finger section 1 at the top is today's navigation. After operating an autonomous short position
1. $68,350.5 long position entry section / stop loss price when the purple support line is broken
or when touching the 3rd section at the bottom when moving sideways ambiguously
2. $70,214 long position target price
When reaching the 70.2K target price, autonomous short position or long liquidation
Returning red finger 1st section long waiting
When adjusting from the current position
If you can't touch the 1st section -> 3rd section final long waiting
When Nasdaq crashes, Bottom -> Open until 65.7K.
Up to this point, please use my analysis articles only for reference and use
I hope you operate safely with principle trading and stop loss prices.
Thank you.
Bitcoin Bullish Flag Breakout Potential Above 760000Details:
Asset: Bitcoin (BTC)
Breakout Level: Above 760,000
Potential Target: Strong upside potential based on bullish flag breakout
Stop Loss: Below 760,000 or as per individual risk management
Timeframe: Medium to long-term (weekly timeframe)
Rationale: Bitcoin is displaying a bullish flag pattern on the weekly chart, and a breakout above the 760,000 level could signal the start of a significant upward trend. The potential election of Trump, who has historically been perceived as pro-crypto, alongside Elon Musk’s pro-crypto stance, could provide additional support for Bitcoin’s upward trajectory.
Market Analysis:
Technical Setup: The weekly timeframe shows a bullish flag pattern, a signal often associated with continuation of an uptrend. Breaking above 760,000 could trigger buying momentum.
Political Influence: Trump’s and Musk’s favorable views on crypto could help attract more institutional and retail interest in Bitcoin, enhancing upward momentum.
Price Target:
The flag breakout suggests potential for a substantial move up, with further levels to be analyzed based on historical resistances if the 760,000 level is breached.
Risk Management:
Implement a stop loss below 760,000, allowing for downside protection if the breakout does not hold.
Timeframe:
The move could develop over the medium to long-term, aligning with the weekly timeframe signal, though news-driven volatility may accelerate movements.
Risk-Reward Ratio: Given the potential political support, this setup offers a favorable risk-reward ratio if Bitcoin sustains the breakout, with notable upside potential and a clear technical level to manage risk.
Stay attuned to election outcomes and market responses to political shifts, which could impact the crypto market and Bitcoin’s trajectory in particular.
BTC inverted H&S good targetsHey Friends I've just saw inverted head and shoulders in BTC live trading,
So now it's a good risk reward target as marked and also this coincides with previous high.
Try to grab this long side opportunity.
Trade with proper risk management and good risk reward.
Then only your probability of profitable trader begins.
This is not buy sell advice just my personal view.
Let's discuss in comments.
2024-2025 crypto BULL RUN about to happen :)CRYPTOCAP:BTC | AMEX:USD 1W TF update
hey y'all fam!! we've made it, Bitcoin is sitting above the bull flag and a small crash is goin to be huge opportunity to get in. The giant is ready to roar for next 3 months.
Bull run 2024-2025 is on the way!!
November 2024 to January 2025.
Bitcoin Bybit chart analysis November 4Hello
It's a Bitcoinguide.
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You can receive comment notifications on real-time travel routes and major sections.
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Please would like one booster button at the bottom.
Bitcoin 30-minute chart.
Today, it's a mild analysis with an easy difficulty.
Basically, there are no waves and it's moving sideways,
and there's no Nasdaq indicator announcement, so there are too many turning points.
On top of that, since daylight saving time is over today,
the waves come out about an hour late. Hahaha
Still, I'll proceed with a one-way mild taste.
Because you guys are precious...
*When the blue finger moves,
it's a two-way neutral
short->long switching strategy.
1. 69,651.5 dollars short position entry section / when the orange resistance line breaks through
or when the top section is touched, the stop loss price
2. 68,576 dollars long position switching / when the green support line breaks away
3. 70,214 dollars top section long position target price
Overall, considering the possibility of an increase in terms of signals and patterns,
I set the stop loss price a little loosely.
It's still moving sideways,
Can you see 1 at the top and 2 at the bottom?
If it falls right away from the current position,
or touches 1 and falls,
it's the final long wait in the 2nd section.
Since the strategy was based on the blue finger,
even if 1 -> 2 is right and perfect comes out, we'll proceed with manual liquidation,
and it's not difficult because it's a process that progresses until the strategy succeeds, right?
Since the next support line is open when the green support line breaks away,
I think you can see Gap7 -> Bottom, which I've marked below.
Up to this point, please just refer to and use my analysis,
and I hope you operate safely with principle trading and stop loss prices.
Thank you.
BITCOIN FORMED BULLISH DIVERGENCE FUELING TO 75KScenario 1: CRYPTOCAP:BTC Moves Up with Strong Volume After a Rate Cut
Bullish Divergence Support: The bullish divergence suggests that #Bitcoin is gaining strength, indicating a potential upward move.
Volume Confirmation: If BTC moves up with solid volume post-rate cut, it could break through 74k and potentially head higher. Increased volume after the rate cut could be a sign that institutional or retail investors are confident in the rally, driving prices above previous resistance levels.
Target: If this scenario plays out, BTC could surpass the 74k mark, especially if the broader market sentiment is favorable post-rate cut.
Scenario 2: BTC Reaches 73k, Then Faces Another Correction
Resistance at 73k: If BTC reaches 73k but struggles to break above it, this would indicate a strong resistance zone. A pullback could follow as the market hesitates or prepares for another consolidation phase.
Correction Potential: In this case, CRYPTOCAP:BTC may correct before attempting another rally. This could be a short-term dip that sets the stage for a more significant breakout once the market rebalances.
Target: If the price reaches 73k but can't break it, then a pullback would likely bring BTC back into a lower range for a while before making another attempt at the next breakout.
Key Factors to Watch:
1. Volume: As you noted, volume is crucial. A strong volume push above resistance (like 73k) would favor Scenario 1.
2. Macro Events: The rate cut and overall macroeconomic factors could heavily influence the market. If the rate cut signals more liquidity or favorable conditions for risk assets like Bitcoin, Scenario 1 becomes more probable.
3. Market Sentiment: The overall sentiment in both crypto and traditional markets will play a role. If broader financial markets are stable or bullish, Bitcoin could push past the resistance levels.
Ultimately, monitoring the price action around the 73k and 74k levels, as well as volume trends, will help clarify which scenario is more likely.
Will Bitcoin History Repeat after US Election ?#Bitcoin and US Elections: History Repeats?
Looking back at the last two US elections, we’ve seen a strong Bitcoin bull market follow each one. Let’s take a look:
📅 2016 US Election (November):
➡️ Before the election, BTC was at $700
➡️ Within a year, BTC soared to $19,900
📅 2020 US Election (November):
➡️Pre-election price: $13,600
➡️ Just a year later, BTC hit an all-time high of $69,000!
Now, with the US election tomorrow, is this another CRYPTOCAP:BTC buying opportunity based on past trends?
🔮 My Prediction: By next year, November 2025, #BTC could reach $150,000 - $180,000.
Let’s see if history repeats!
#Crypto #BullMarket
BTC Bitcoin sideways whats nextHere since from yesterday this range BTC Bitcoin is trading.
While I was doing btc live trading, I found that this rahe was worst for trader as it will hunt stop losses on both side.
So just to keep you guys updated I thought to share with you the same.
Let me know your opinions in comments below.
I think any trending move will come only after BTC will move out of this zone.
Bitcoin Bybit chart analysis November 1Hello
It's a Bitcoinguide.
If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.
If my analysis is helpful,
Please would like one booster button at the bottom.
This is the Bitcoin 30-minute chart.
There is a Nasdaq indicator announcement at 9:30 and 11:00.
The mid-term pattern was broken due to yesterday's movement,
and unlike Nasdaq, it touched the lower Bollinger band first.
There is pressure on the 12-hour chart -> daily chart MACD dead cross.
*Blue finger two-way neutral strategy.
Independent trading -> Start with a short in the 1st section of the purple finger
(Stop loss price when the orange resistance line is broken)
1. 69,163 dollars long position entry section / Stop loss price when the sky blue support line is broken
2. 70,625.5 dollars long position 1st target -> Top 2nd target
If the 12-hour chart and daily chart MACD dead cross are not resolved during the weekend, it seems difficult to break through the Top section. (Try to enter additional short positions autonomously.)
I have prepared a strategy that is imprinted while moving sideways rather than plummeting.
The lower tail section is the second section of the sky blue support line,
and it is best if you do not deviate from the green support line.
(Bollinger Band 12-hour chart center line)
It is best if you maintain the true blue support line without deviating until the weekend (6+12 or 12 + daily pattern recovery)
It seems that the direction will be determined within the red resistance line / true blue support line convergence section.
If a danger signal is imprinted until the weekend, I have hidden the final long position switching position.
A hidden picture that is clearly visible...
Up to this point, please use my analysis articles only for reference and use,
and I hope you operate safely with principle trading / loss cut prices.
Thank you for your hard work this week.
BTC inverted cup and handle in 5min timeframeAs I've just seen this I thought to share with you guys.
Inverted cup and handle also form at lower time frame.
While doing btc live trading I've already seen big time frame inverted cup and handle if this coincides with smaller time frame and give breakdown as planned then there is a good opportunity for sellers to move its price further down.
Also buyers try to book their profits.
So this gives more probablity trade setup.
And with good risk to reward and money management one can become a profitable trader.
Its not buy sell advice just my personal view.
Can you share your views.
BTC/USD analysis - 04 Nov 2024BTC has grabbed the liquidity at around 67,500 level.
Our recommendation;
Buy BTC @ 68,700
Stop loss at 67,400
Take Profit @ 75,000
Monday, November 4 , 2024, here is a Bitcoin trading setupAs of November 4, 2024, Bitcoin is trading around $69,530. For intraday trading, consider the following strategy:
Buy Position:
Entry Point: If Bitcoin rises above $70,000, indicating bullish momentum.
Target: $71,000, aligning with recent resistance levels.
Stop-Loss: $69,000, to limit potential losses if the price reverses.
Sell Position:
Entry Point: If Bitcoin falls below $69,000, suggesting bearish momentum.
Target: $68,000, near recent support levels.
Stop-Loss: $70,000, to protect against unexpected upward movements.
These levels are based on recent price data and technical analysis. Always use appropriate risk management strategies and stay updated with market news, as cryptocurrency markets are highly volatile.
BTC getting ready for big fallWhile doing my btc live trading analysis I've found that in big picture time frame there is a superb inverted cup and handle. Also making a consolidation on daily time frame trendline marked green.
So if it works like as planned then there is a high probability with a big risk reward.
Lets discuss about your views too.
Its just my personal view no buy sell recommendations.
You can like it, comment it, share it and follow me for btc live marketet updates.
BTC more fall down possibilityAs we've seen big fall and now btc trading in back in daily time frame channel.
This shows that more fall may be coming soon. This is good possibility with high probablity of trade.
Its a really good trade if hits gives good risk to reward.
This is my personal view no buy sell advice.
BTC RETEST OR FAKE BREAKDOWNAs we've seen long consolidation into BTC now any where it is going to shoot either breakout above green or breakdown below red.
Lets give your views into comment section.
Here only money management snd high risk reward can keep you in profitable for long run.
Its not a buy or sell recommendations just my view to discuss with you all.
BUY AND SELL LEVEL FOR 11/2/2024As of November 2, 2024, Bitcoin (BTC/USD) is trading at approximately $69,487. For intraday trading, consider the following levels
Support and Resistance Levels:
Support Levels:
First Support (S1): $68,000
Second Support (S2): $66,500
Resistance Levels:
First Resistance (R1): $70,000
Second Resistance (R2): $71,500
Trading Recommendations:
Buy Entry:
Entry Point: Near $68,000 (S1)
Target: $70,000 (R1)
Stop-Loss: Below $66,500 (S2)
Sell Entry:
Entry Point: Near $70,000 (R1)
Target: $68,000 (S1)
Stop-Loss: Above $71,500 (R2)
