#BTC #Bitcoin this halving cycle may end on 2025#BTC #Bitcoin this halving cycle may end on 2025. This month, November 2024, price should end beyond last cycle's ATH at 69K. Next year RSI TF Month should go to GREEN overbought zone and then end of cycle.Longby misterpk1
Bitcoin Short: wave count update (wave 2 completed)I've updated the wave count to an old wave count for the previous upmove till mid month and the subsequent rangey move as the new wave 1 that is a leading diagonal (note that this was the original wave count until I changed it somewhere in Q3 of this year to cater for a potential strong down move, but the move up since 10th Oct has invalidated that count and this is the old-new count) Based on this count, we have a very strong wave 2 that almost completed retraced wave 1 down and in a triple combination (a supposedly rare occurrence). Right now we should be going into a wave 3 and that will be consistent with all my other analyses (for nasdaq, s&p, gold). Everything is going down because in a strong down move, beta of all assets classes converges to 1 due to liquidity.Shortby yuchaosng0
BTCUSDCan You See What I See???? hmmmm... Possible reversal or retest to Bullish continuation?? _SnipeGoat_ _TheeCandleReadingGURU_ #Like #Share #Subscribe #PriceAction #MarketStructure #TechnicalAnalysis #Bearish #Bullish #Bitcoin #Crypto #BTCUSD #Forex #ScalperTrader #DayTrader #SwingTrader #PositionalTrader #MambaMentality #GodMode #HighLevelTraderby TheeSnipeGoat1
This is a break down of Tone HAyrod the Forecastah"s master planTHis is how I have finally began on the journey to freedom. I have realized the it is the level of attention, dedication, focus without distractions is the only way to become to desired terms. I believe after 15 years of trading I have mentally developed my strategy through many teachers, research and most of all expirience. I have developed a strategy that I must complete and document before I move on. I Present the twodyago Equity Specilaist. Day 1 BTC is interesteing so lets start there.Longby Forecastah1
Chart Pattern Analysis Of Bitcoin. From K1 to K3, It is a strong bearish evening star pattern. A sharp price correction or a potential short-term bear run is on the way. It is also likely that a large scale horizontal consolidation is on the way. But the possibility is relatively low here. If there is a weak rebound after K3, It will be a good place to reduce long-term positions. And, if the following candles successfully retest the support at about 65-66K. It will be a good place to buy it then. Long-65588/Stop-65K/Target-74Kby nothingchangehere0
Friday 1st November Short-Term IdeaI dont trade crypto or follow Crypto news, this technical analysis is just for fun to practice Charting. Trade at your own risk, and apply your own methodology.by Blessed_7860
BTC: d3cl1ne b3fore th3 FED m33t1ng?Hello.The 💪next Fed👌 meeting will ❤️take place on🚀 November 6-7,👍 2024. At 🌞these meetings,🙂 policymakers assess👑 the health of the🍆 economy by evaluating 🎁economic indicators such as the Consumer Price Index (CPI), the gross domestic product (GDP) and the unemployment rate to shape monetary policy.by Le-tradeur-de-fortune-and-co0
Elliot WaveFibo Ret and Extend: 0.382/1.786 0.5/1.5 0.618/1.382 0.786/1.272 Trend-Based Fib Extension : 100by rzhr0099880
BTC NEXT MOVE IS A CORRECTIONWe will test around 67k BTC, reasonable, sensible trends there to be touched, this re-test is very high likely Shortby spedbrs1
BTC USD UpdateBitcoin has pulled back into a discount zone after its last range before new highs. We are patiently waiting for a rotation higher. Whatever happens, we don't want to lose the $65,500 low; that would signal a bearish shift. Let's see if we get volume tomorrow and start cruising.Longby themarketknight1
BTCUSD view!!Patronis said he would not be surprised if the amount grew should former President Donald Trump be reelected next month. Earlier this week, Patronis said in a letter that Florida should direct "a portion of state retirement system monies into cryptocurrency." Florida is not the first U.S. governmental body to invest in crypto-related financial instruments. Both the State of Wisconsin Investment Board and Jersey City, New Jersey make up two other recent examples. In a May filing, the State of Wisconsin Investment Board said it owned $163 million in spot bitcoin ETFs. Echoing TrumpLongby FXBANkthe80550
Long Wake The f**k up! Cup and handle. Too the Moooon $$$$$ self custody, not your keys not your bitcoinLongby shatoshi_sakemoto0
BTCUSDT LongAfter breaking the monthly downtrend, BTC should trace back to the retest blue box. Ideal place to long would be from the 4H FVG around 68100 usd.Longby The12thBurn1
Bitcoin PoundLike in recent post I mentioned two possible bitcoin scenarios. My most recent post was a sell around $69,000-$73,000. Scenario two was a break above 69,000 to 73k Right now if the rejection right before the all time high goes back to 69k there are two possible scenarios. Scenario 1: A buy back towards 73k and a break to 79k. Scenario 2: would be a entry on the sell to 42k Good luck!by R2CTrading2
Easy 8 R:R highly probable tradelets see how it plays out...risk only 0.5 percent.. not financial advice Longby irtiza26110
BTCUSD Let's go back to sleepBTC is going to 100k. Ok bro, good luck... Take profit for now and now I will enjoy the moonboy show. As mentioned in my previous post, we are exactly rejecting from weekly HMA50. Closing the weekly candle below HMA50 just below 72k will confirm its weekly rejection.by Skyito1
Long BTC Correction Almost OverBTC has been correcting from its ATH since march, but it appears to be ripe for another surge as we near the holiday season and the RSI is settling back towards the middle. As long as we don't break below the bottom of the channel that has formed over the past couple years, it should be uphill from here.Longby Athanasius2Updated 114
What is Profit and Loss (PNL), and How to Calculate It?Hello, Traders! 🌐 Profit and Loss (PNL) is a primary financial metric used to determine the profitability of investments or trading activities. It shows the difference between your earnings and expenses, making it an essential tool for traders and investors to assess their performance and decisions. At its core, PNL is pretty simple: it's the difference between how much you spend and earn. But diving deeper into its different types can get more interesting. To fully grasp PNL, it’s essential to understand the difference between realized and unrealized PNL and how they influence your overall profitability 👇🏻. Realized PNL vs. Unrealized PNL: What's the Difference? Let’s break it down. – Realized PNL (rPNL) refers to the actual profit or loss made after closing a position. Once the position is completely or partially closed, rPNL is calculated, giving you a final result of the trade . It is often used to assess the effectiveness of your strategies and plays a crucial role in financial reporting and tax calculations. – On the other hand, Unrealized PNL (uPNL) is all about potential. It represents the potential profit or loss from an open position. It reflects the value change of an asset but has not yet been realized because the position is still active. uPNL helps evaluate the current performance of your open positions and can guide your decision on whether to hold, close, or adjust your position to maximize profitability or minimize risk. How Is PNL Calculated? 🧮 The formula for calculating PNL is straightforward: PNL = (Exit Price x Amount Sold) – (Entry Price x Amount Bought) – Fees. Let’s break it down with an example: If you bought 1 BTC at $40,000 and later sold it at $50,000, with a fee of $100, your PNL would be: ($50,000 × 1 BTC) – ($40,000 × 1 BTC) – $100 = $9,900. This $9,900 represents your profit from the trade after accounting for fees. Calculating PNL can be done using either percentage or currency values, depending on how you want to measure your success. For instance, if your investment earned you $1,000 on an initial investment of $10,000, your realized PNL would be 10%. Why Does PNL Matter? 🔎 Understanding your PNL is crucial for several reasons. First, it helps you track the profitability of your trades and investments, giving you insight into whether your strategies are working as intended. Second, it plays a role in risk management, helping you decide when to exit a position or adjust your strategy to limit potential losses. Additionally, PNL is often used to evaluate performance over time, allowing traders to measure the success of different approaches. In conclusion, by regularly monitoring both realized and unrealized PNL, you can make data-driven decisions about your portfolio, ensuring that your financial goals are met while minimizing unnecessary risks. A Final Thought 💭 At the end of the day, PNL is much more than just numbers on a screen. So, next time you check your trades, remember that those numbers tell a story about your strategy, risks, and rewards 💼by WhiteBIT3
Bitcoin Consolidating Under ATHConsolidation under resistance usually leads to expansion. Sitting just under the previous all time high and gathering strength is actually what we want to see. It is likely only a matter of time before Bitcoin breaks up again.by ScottMelker4
BTCUSD BULLISHLooking at 4H FVG for more buys. -only take it during killzones as long it stays within that 4FVGLongby cloudy_Blank_110
twice whipsaw on BTCUSD today what I see in the price of bitcoin right now is exactly what is happening in the cycle November 15, 2023 03:00 UTF (tf.1h), marked with "whipsaw" and this is the first, there will be one more whipsaws in the next few minutes as you can see on chart. and after that, bitcoin wil never make any other whipsaws by tandrylaksana0
BTCUSD | 29.10.2024SELL 71150 | STOP 72500 | TAKE 69500 | The cryptocurrency market is likely to remain stable until the end of the US presidential race. Last week, the BTC USD pair had mixed dynamics: it tested the 68750 mark several times, and today it broke up to 71000 and above. Currently, further market growth is being held back by uncertainty around the outcome of the US presidential election, which will take place on November 5, as well as geopolitical factors.Shortby ProPhiTradeUpdated 1