btc usdt next tgtbtc usdt next tgt btc all time high brack and next tgt 80k 90k and 100k market bulrun is start 210k usdt
BTCUSD.PM trade ideas
Starting the next bull run (Grab your bowl - hopium incoming)1. The following is for entertainment purposes only.
2. Do not trade on this information. You will lose your money.
3. Yes I have positions and yes I am basing my decisions off of long term analysis like this
*History doesn't repeat but it often rhymes*
Two thoughts:
1. In February 2019, 5 months after the ichimoku long term and short term trend lines crossed in 2018 on the month scale, we started to see a relief rally in the bitcoin price
It's now 5 months after the trend lines have crossed bearish again. Will we see a repeat? The ichimoku cloud seems to align with this.
2. 45 months after the 2017 peak we got the 2021 peak. If we create a trend line between those points and then project out another 45 months, we would see a peak of ~$123k. Conservative sure, but more realistic imo than all these million dollar projections.
MOVEMBER !The market didn't reach our anticipated level of 65,000.
Following clarity from the presidential election, the market rallied and broke through previous highs. The former resistance has now become support, and we're using the previous all-time high as a support level.
We anticipate further bullish momentum in crypto as long as the price stays above 71,500.
BTC - BTC bounced on 67k to 68k areaBTC reached a new ALL TIME HIGH, which means we are at a price discovery!
NOTES:
>>> Potential Entry Area - SHORT (green box) is not a SHORT RIGHT AWAY AREA. It is just an area where traders who have longed the market since the bottom of this uptrend will begin to take some profits so there might be selling/shorting opportunities on the lower time frame. On a bigger picture, we are still on a BULL Market.
>>> The SHORT TRADING Opportunities will come once this big area is rejected on a DAILY timeframe.
- Will chart trading opportunities in the lower timeframe soon.
#BTC added more to spot bag added more to my spot bag here for 82k plan
I am confident enough even after the carnage we will end up to at least 79k after dust settles by end of year
lets see how good it comes to
total risk on BTC is 20% now
Be caution on how you trade this week in this video we broke down the pairs Nas,GBPUSD,BTC be aware that this is election week and anything can happen
BTC Long ideaSelf-explanatory comfy long idea.
Trump pro-crypto catalyst, market just ended its 8-month range (if this is not a diabolical deviation).
The time to long is NOW.
NFA.
Bitcoin breaks thru into Blue Sky territoryBitcoin trades higher at $75,976 (+9.47%), surging after the election of the pro crypto Donald Trump. As a reminder, Trump has promised to launch a national crypto stockpile, fire SEC Chair Gary Gensler and look to ensure all future Bitcoin is mined in the US.
Bitcoins ability to hold above key support $67/65k ahead of the US Election and its break and likely daily close above $74,000 today confirms that the uptrend has resumed, opening the way for it to hit $80,000 in the sessions ahead.
Yearly Bullish OpeningPrice is looking to smash the 78% before retracing back to for HL.
First 6M will smash all buys. And sell really high.
Second 6M will continue its rally but will drop to close bullish above this year OP.
Living half a year at a time.
BTC Point And Figure Counting Targets!!!Taking the Wyckoffian approach of counting in PnF charts I figured out these 3 stepped targets, depending on the Y-axis point size (1000 or 2000$), and the start-end for counting the bars.
I counted from ST to SPRING and from BCLX to SPRING.
Therefore in this chart there are 41 bars between BCLX and SPRING, a "reversal amount" setting of 3 and a size of 1000 $ per point, then 41*3*1000 = 123,000 that are added to the SPRING price (16,000), giving a final target of 139,000.
I did these for the other settings comented above, which are more conservative targets.
Be ready!
BTC, S&P, USD: Market react to trump victory Former President Donald Trump claimed a sweeping victory over Vice President Kamala Harris in the 2024 presidential race. As a result, the U.S. stock market surged, with Tesla, banks, and bitcoin all charging higher.
Trump’s pledge to slash the corporate tax rate to 15% from 21% could lift S&P 500 earnings by roughly 4%, according to projections from Goldman Sachs.
The dollar index climbed more than 2%, topping 105 for the first time in four months, as markets priced in a stronger greenback under a Trump administration. Investors anticipate his policies will fuel inflation, which would pressure the Federal Reserve to maintain elevated interest rates to prevent an overheated economy.
Bitcoin hit record highs as well, boosted by Trump’s campaign promise to champion cryptocurrency. Bitcoin surged to an all-time high on Wednesday, spurred by expectations of a favorable regulatory environment.
How much of Trump’s agenda will become reality remains to be seen, with Republicans’ control of Congress yet undecided.
Memecoin Month to Date PerformanceTook a sample of popular Memecoins that have actively performed better against Bitcoin since November 1 2024
BTC Cycles, Halvings, and ElectionsBTC Cycles generally include a 32 month expansion phase and a 14 month retraction phase along a logarithmic powerlaw curve, punctuated by US Elections and 4 year halving cycles.
BTC Short trade. Short term/ScalpBTC has reached its ATH and presents a good entry for a short trade with less than 2% risk at this entry. A short term range is created between 73k and 76k.
BTC USD UpdateAfter months and months of anticipation, the long-awaited ATH has finally been broken through. So, what's next? We're now waiting to see if the weekly and daily candles close with bodies above the ATH. Until then, we'll continue scalping with a bullish bias, but we'll also hold our swing trade runners with stop-losses below the previous week's low. Overall, we've set clear goals and remained steadfast through all the pullbacks. We're glad our strategy has paid off. Let's see what the market makers do next. We'll keep you updated
BTC USD UpdateAfter months and months of anticipation, the long-awaited ATH has finally been broken through. So, what's next? We're now waiting to see if the weekly and daily candles close with bodies above the ATH. Until then, we'll continue scalping with a bullish bias, but we'll also hold our swing trade runners with stop-losses below the previous week's low. Overall, we've set clear goals and remained steadfast through all the pullbacks. We're glad our strategy has paid off. Let's see what the market makers do next. We'll keep you updated
Expired BTC.USD Weekly outlook. 1st WK NOV 2024Expired BTC.USD Weekly outlook. 1st WK NOV 2024
> BULLISH 📈 HIT
Prior Week Closed Price: 67,665
This Week Target Price: 71,506
Strike Price: 74,909 on NOV 5, 2024
Upper Range: 75,520
Lower Range: 67,491
BTC bullish breakout sets the stageThe past month
I recently decided to move all of my chart analysis posts from X over to TradingView, so I'm going to be picking up here where I left off over there. The last time I posted about COINBASE:BTCUSD I was watching the long term cup and handle pattern and how price was reacting to the upper resistance area of the handle. For the most part, price had been holding steady just below resistance ( FWB:67K ) then we got the breakout 2 week ago. At that point we have a confirmed breakout of the pattern. Price did pull back quickly but continued to hold above the breakout level which was a positive since, where it's been holding steady until yesterday...
The past day
Yesterday's election gave the catalyst to push BTC back up and to new all time highs. That essentially gives us a breakout, pullback and successful backtest of support which further solidifies this large cup and handle pattern. With all of that said we still use proper risk management as traders.
Looking ahead
As for the bigger picture, I think this sets up BTC for potentially a very large run. Using log targets off the 2021-2024 cup and handle, that gives a price target of just over $300,000. Whether the market will actually reach this target sooner rather than later remains to be seen, but we now have clear parameters to manage our position around. As for invalidation levels, the setup would become at risk if price reversed back below the breakout level in the near term or if price broke below the low of the handle in the long term. To keep the wind under the bulls sails we really want to see price holding above the top of the cup.
Fundamentals
I typically don't focus on fundamentals since I'm mainly a price action trader, but I think the impact of yesterday's elections can't be ignored. Yesterday's elections were one of the most significant fundamental shifts to the crypto space in years, as we saw a huge number of pro-crypto candidates win their seats (2:1 margin over the anti-crypto candidates). In addition to that we saw the most pro-crypto presidential candidate of our lifetime win the presidency. This will likely mark a new era of pro-crypto policy and the removal of some very powerful anti-crypto people, like Gary Gensler. This overwhelming victory for crypto lines up well with the bullish long term price action we've been seeing forming in BTC over the past year.
Bitcoin Up TrendBitcoin Up Trend, As you see The ABC correction shows positively. Now we are waiting the BTC for correction in box "BC" to Entry for LONG TO HIT the next target.
How would the market react to a Trump or Kamala victory?In recent days, the financial markets have exhibited increased sluggishness as investors await the outcome of the US elections. Kamala Harris and Donald Trump represent two starkly contrasting visions for the future of the United States. This article will explore the potential effects each candidate could have on key financial assets, including Oil, Gold, Bitcoin, the S&P 500, and EUR/USD.
Oil (Brent)
If Kamala Harris secures victory in the election, it is likely that her administration will prioritise renewable energy initiatives and stricter environmental regulations, potentially curtailing the use of fossil fuels. This shift could lead to limitations on oil production and a subsequent decrease in supply. With global demand expected to remain stable, this scenario may initially drive Oil prices higher.
Conversely, a win for Donald Trump could result in a relaxation of environmental regulations and an incentive to boost domestic oil production. This approach, often articulated by Trump, may increase US supply available for both domestic consumption and export, potentially leading to lower prices, depending on global demand. Trump's administration might also adopt more aggressive policies towards OPEC, adding to market volatility.
Gold (XAU/USD)
Kamala Harris is likely to support expansionary fiscal policies, including increased spending on social programs and infrastructure projects. This rise in expenditure may lead to a higher federal deficit, contributing to inflationary pressures and prompting the Federal Reserve (FED) to consider raising interest rates to manage inflation. Higher interest rates could initially weigh on Gold prices, as investors might seek the better yields offered by government bonds. However, ongoing support for international conflicts, such as in Ukraine and Israel, could sustain geopolitical uncertainty, which typically favours Gold as a safe-haven asset.
Under a Trump administration, fiscal policies may shift towards tax cuts and reductions in welfare programs. Such cuts could depress government spending and lower aggregate demand, potentially leading to a decrease in inflation and creating room for possible interest rate cuts. Reduced interest rates might drive investors towards equities for better returns or prompt them to seek refuge in Gold during market turmoil. Moreover, Trump's focus on domestic security and diminished global involvement could exacerbate existing conflicts, further elevating Gold prices in the short term.
Bitcoin (BTC/USD)
Kamala Harris has yet to articulate a definitive stance on cryptocurrencies, but the Democratic platform generally leans toward increased regulation. A stricter regulatory environment could deter institutional investment in Bitcoin, potentially exerting downward pressure on its price in the event of a Harris victory.
In contrast, Donald Trump has displayed a growing enthusiasm for cryptocurrencies during his campaign, which could catalyse an initial price appreciation for Bitcoin. Additionally, his rapport with Elon Musk, a prominent Bitcoin advocate, strengthens the case for potential gains in BTC should Trump win.
S&P 500
Should Kamala Harris assume office, her administration is likely to continue implementing economic stimulus measures, which could bolster the S&P 500, particularly in the green technology and renewable energy sectors. However, tighter regulations on oil and finance industries might adversely impact certain sectors. Therefore, a moderate appreciation of the S&P 500 is plausible, especially if fiscal stimulus supports domestic consumption.
On the other hand, a Donald Trump victory could propel the S&P 500 into a strong upward trend, driven by corporate tax cuts and a less interventive regulatory environment. The financial markets tend to react favourably to tax reductions and deregulation, and a decrease in government expenditure could lower inflation in the short term, providing the Fed with room to reduce interest rates. This scenario could enhance credit access and stimulate domestic consumption, benefiting both corporations and the S&P 500.
EUR/USD
A Kamala Harris presidency may adopt a more cooperative and diplomatic approach to international relations, particularly with the European Union. This stance could strengthen the euro, potentially driving the EUR/USD pair higher due to improved trade relations. Furthermore, robust spending policies might weaken the US dollar, increasing demand for the euro.
Conversely, if Donald Trump wins the election, the euro could depreciate against the dollar as his protectionist and aggressive trade policies tend to favour the dollar in the immediate term. Trump's "Make America Great Again" slogan underscores his commitment to bolstering domestic trade and the dollar. Consequently, any policy that negatively impacts trade with the EU, such as tariffs or aggressive trade measures, could further weaken the euro while benefiting the USD.
Preparing for Diverse Market Outcomes
In conclusion, whether Kamala Harris or Donald Trump emerges victorious could result in markedly different consequences for the financial markets. It is crucial to recognise that the market is likely to wait and observe which policies will be implemented in practice. The repercussions of the US elections may resonate for months ahead as market participants acclimatise to this new reality.
Disclaimer:
74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Past performance is not necessarily indicative of future results. The value of investments may fall as well as rise and the investor may not get back the amount initially invested. This content is not intended for nor applicable to residents of the UK.
BTCUSD puts on the big gains 10+%DogeUsd bounces back
Some of the biggest daily Cryptocurrency gains today as BTCUSD chases the breakout-zone and now sits within striking range.
BTCUSD is still part of a 3 x Top system on monthly, weekly and daily charts. Right now it seems be retracing down in price but I don't think it will move down much further as its immediate and intermediate Gig is to breakout past 75,000 very soon and taking Cryptocurrency with it.
DogeUSD puts on more than 14% during the last trading day.
TRON TRXUSD is in a fantastic setup now on the higher time frames, see my Post on TRON and the setup, why it's one of the structurally strongest charts in existence and why I see a bullish turnaround in its price very soon. It's price is still under 20 cents and its only getting fatter going forwards.
