Election uncertainty surgesThe retreat by traders underscores concerns about market volatility ahead of the election, with Bitcoin prices highly responsive to political dynamics.by Super_B_XinR2
US Elections impact on BitcoinHistorically, no matter who wins the elections, Bitcoin wins: - Bitcoin’s supply capped at 21 million coins; - Immutable monetary policy; - While governments will continue to print money; - And expanding government debt; Volatility is only short-term. Here's why: Like Paul Tudor Jones said, "All roads lead to inflation". Cash will always lose money over time BUT assets like stocks, Bitcoin and crypto will go up in value. In the short term, crypto might perform a bit better if Donald Trump wins the elections. He seems that the big crypto corporations (Coinbase, XRP, a16z) donated millions to Trump in exchange for more crypto friendly regulations. In the long term, it doesn't matter who wins the elections. In the long term, Bitcoin and crypto are likely to perform well both under Trump or Harris. Why? Because the correlation coefficient between Bitcoin and the US M2 money supply is 83%.Longby HenriqueCentieiro2
BTC TOWARDS THE ELECTIONSTomorrow is the big day, all assets might break down and aim at lower lows and key levels, espcially in the US ; USD, GOLD, BTC and NASDAQ will all be touched by this ; BTC has already broken and will confirm tomorrow.Shortby edl752
Buy the Rumour, Sell the News, Bitcoin Bearish next weekThis will be my first time taking a short position on Bitcoin. Right now, I'm thinking about a situation where the price goes higher, to catch short traders who have set stop losses at $63,000 - $64,000. After that, the price might drop to $40,000 - $45,000. DYOR GoodluckShortby DJANAS1STUpdated 121235
(BTC/USD) Analysis on 1-Hour TimeframeThe chart shows BTC/USD on a 1-hour timeframe, where we can observe a descending trendline acting as a key resistance level. Here’s a breakdown of the key technical aspects and potential scenarios: Current Price Structure: Bitcoin is trading below the 68,000 USD level, showing signs of a bearish momentum, especially after failing to hold above the recent support zones. The price has broken down from the Ichimoku cloud, signaling a bearish bias as it attempts to consolidate near the lower trendline of the descending channel. Support Zone: Key support is expected around 67,580 USD, which aligns with the lower bound of the descending channel. If this level holds, we could see a potential reversal. Tp1 (68,372) - This level aligns with the previous consolidation zone and represents a minor resistance point. Tp2 (69,325) - A stronger resistance level, as it coincides with the previous swing high. Breaking this level could indicate the start of a stronger bullish trend. Tp3 (71,333) - Major resistance and a potential target for bulls if they regain momentum. RSI: The RSI is moving around the lower range, suggesting oversold conditions. A reversal from this zone could indicate a short-term bullish bounce. MACD: The MACD is bearish, with the signal line crossing below the MACD line, further supporting the current downward pressure. Ichimoku Cloud: The price remains below the Ichimoku cloud, indicating a bearish trend. A break above the cloud in the future could signal a reversal. Price Projections: Bearish Scenario: If BTC fails to hold above the 67,580 USD support, it could test lower levels around 66,000 USD, with the potential to reach 65,000 USD if bearish momentum intensifies. Bullish Scenario: If BTC bounces from the current support and breaks above the descending trendline, it could rally towards Tp1 (68,372 USD), then Tp2 (69,325 USD), and potentially reach Tp3 (71,333 USD), contingent on sufficient bullish volume. Trade Setup: Buy Entry: Consider entering around the support area of 67,580 USD, with stops below the 66,000 USD mark. Targets could be set at Tp1, Tp2, and Tp3 for a staggered take-profit approach. Sell Entry: If the price breaks below 67,580 USD, short entries could be considered, aiming for lower targets at the next key support levels. Conclusion: Bitcoin's current structure indicates a bearish bias with potential for a reversal if it can hold above the 67,580 USD support. However, a break below this level could signal further downside. Watch for a break above the descending trendline to confirm a bullish trend shift.Longby ProfitLanderCharts115
BTCUSD BUY ANALYSIS ELLIOTT WAVE PATTERNHere on Btcusd price form Elliott wave and not try to up so there is a chance for that as the price is may rise and a trader should go for LONG and target profit of 72370.32 and 74458.36 .Use money managementLongby FrankFx14224
BTC. Golden cross and new ATH.Bitcoin bullish cross on the weekly chart suggests that price will move above the high of the candle on which cross occurred. That's simple 7% growth ahead and new ATH.Longby Tropnik3
BTC/USD Uptrend at Key Highs: Bounce or False Breakout?The price is in an uptrend and at our HH on a higher time frame. Now we can expect a bounce or the possibility that the price will reach the lower zone, where we also anticipate a bounce. In both cases, we need to watch out for a potential false breakout.Longby EliteFxAcademy_CRYPTO2210
$BTC parabolic waves are inevitable!#Bitcoin don't worry about the corrective waves occurring in the early stages of the bull run, focus on the big picture and enjoy the ride!by EtherNasyonaL5
BTC/USD "BITCOIN" Market Money Heist Plan on Bullish Side.Ola! Ola! My Dear Robbers / Money Makers & Losers, 🤑 💰 This is our master plan to Heist BTC/USD "BITCOIN" Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low Stop Loss 🛑 : Recent Swing Low using 4h timeframe Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰. Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style. Stay tuned with me and see you again with another Heist Plan..... 🫂 Longby Thief_TraderUpdated 113
Watching for market reactionMorning everybody, So, recent sell-off on stock market and rally of the US yields have made pressure as on Gold as on BTC but thankfully it was short term. Still, BTC has dropped to the level that we've discussed last time - 67.5-68K. Why is it so special? First is, it stands around the all-time trend line resistance that recently has been broken up. Second is - the K-support level, which makes it rather strong and a great indicator of market's power. From bullish point of view, we do not want BTC to drop back below it, breaking 65K lows down. At the same time, with elections hysteria environment we suggest to not take any position without confirming patterns. So, our trading plan is to wait for market response to this level. Once we get more or less clear patterns, we could act...by Sive-Morten113
BTC Movember? lets see 65,000 !#BTC weekly SHOOTING STAR.. not a nice looking candle closed for the week. (probably due to uncertainty on presidential election ..?) expect market might re-test around $65,000 zone. as long as 65,000 stays. might expect some MOVEMBER , after the US presidential Election? by EL_STOCKTROOPER220
gme target $435listen and watch this bull flag destroy the shorts. im long on amc, but gme has an awesome setup.Long12:27by hamie1016
Are We Approaching a New All-Time High for Bitcoin...?Bitcoin has been following a specific trendline for almost two months, a pattern that has seen it bounce back from this line four to five times in the past. As it stands, Bitcoin is currently facing strong resistance at its all-time high, which is around 73400 dollars. Meanwhile, the trendline serves as a crucial support level. Investors and enthusiasts are closely watching this situation, as the coming days will be critical. The main question on everyone's mind is whether Bitcoin will manage to its all-time high resistance or if it will break below the trendline support. Keeping an eye on these key levels is essential, as they may present significant trading opportunities. Stay vigilant!by Kartik_Elkunchwar115
BTCUSD FORECASTWe are currently analyzing the 2-hour time frame to identify potential price changes in Bitcoin. The market scenario is bullish, and the trend is also bullish. Today, I am looking for a buying trade opportunity as soon as the price reaches our designated level. We will execute our trade after confirming with the candles. Make sure to use a stop loss for your trade.Longby BullionbuzzUpdated 2217
“See you next year...”Follow The Trend, It is your best friend. Love it. My only worry is that everyone around me is talking about it…140K By 2028 is not a bad target! CRYPTOCAP:BTC If Kamala Harris wins, everyone who cross the border will get Bitcoin in return instead of food stamps and 10,000. Everything to hide the money.Longby USDSZL2
UPTOBER ENDS Bitcoins monthly close is behind us and it's an interesting one... For most of the last day of the month BTC was above the previous monthly close high of $71,413.40. However, Bitcoin failed to close above that level coming up 1.67% short. Despite this the monthly candle is very strong, historically October is a good performer hence the "UPTOBER" nickname and this time around was no exception with an +11% move. I said in a previous post that a retest of the '21 ATH @ $69,000 is possible and likely, in the last 8 months BTC has routinely rejected off this level with no acceptance above, just SFPs galore. This is the chance to retest and accept as new support. that would set up a move for ATH and above. Q4 so far has been positive, we know that this month will be a strange one as the US election is in a few days and can sway markets so volatility can be expected. In the end I think the trajectory is new highs by the end of the year. by ProR351
BITCOIN BEARS ARE STRONG HERE|SHORT Hello, Friends! We are going short on the BITCOIN with the target of 65,608 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignals113
Fakeout? Crash soonIn this chart, I've marked the breakouts, and you’ll notice all three occur outside of U.S. session hours, with two on weekends where trading volumes are notably low. This pattern strongly suggests manipulation: market makers appear to push BTC’s price up when trading activity is minimal, potentially to trigger short liquidations. This isn’t how a true bull market typically starts. For a sustained uptrend, we’d need to see strong demand across major trading sessions, not just spikes on weekends followed by weekday selloffs. Some may argue that ETF demand is driving BTC’s rise. However, the reality is that ETF buyers transact through OTC markets rather than directly on exchanges. Even billions in OTC buys won’t immediately impact the spot price, as seen yesterday when $800M worth of BTC not only doesnt cause uptrend but today we are 1 percent down . Looking at ETF data, ETF customers which are mostly retail traders often buy at local peaks and sell at lows, just pure emotional group of people This feels similar to the previous BTC surge to $70K and subsequent drop to $49K. During that run-up, we saw weekend pumps from $57K to $70K, fueled by hype (such as around Trump’s speech), only for BTC to experience a 30% crash soon after. Now, we’re seeing a similar rally just before the election cycle. Even if Trump is elected, any BTC-positive policies would take at least 1–2 years to implement, so the current price action appears to be fueled by speculation rather than fundamentals. The Biden administration’s attempts to prop up the stock market for electoral gains add further artificial support. Fundamentally, nothing has drastically changed in the past 2–3 months, yet BTC is trading at a premium levels. Another factor to consider is the lack of activity in altcoins, signaling minimal interest from large holders. The only notable exception is Dogecoin, which has rallied on the back of Musk-related news ( which are just bs). With no broad-based altcoin recovery, BTC’s uptrend looks even more fragile. In my opinion, we may see this uptrend last until next Friday at most, after which a significant downtrend is likely imminent. I might be wrong but I will try to keep myself neutral and watch this week price action closelyShortby uchar1116
BULLISH BTC CHEATSHEET for the next 12 months- Breakout EmminentBTC has been forming megaphone bull flag for the last 7 months adding validation to the beautiful CUP & HANDLE it has printed and recently tried to break out of this bull flag in the weekly chart testing the boundaries of the pattern. One may wonder if there is any logical behavior in this price action and some investors like me can point out to WYCKOFF Re-Accumulation happening. If you look closely it has resonated closely to Wyckoff's theory and we may be at the LPS portion of the re-accumulation. Possible breakout to the SOS level or some minor sideways movement for the next days. There has also been the bullish MACD cross on the weekly. Long term targets based on sentiment, seasonality and technical analysis indicate a long term target of 120-130k Dec 2024 and 350-380k Mar-Apr 2025. There have been anomalies that have been considered in this analysis such as the Yen Carry Trade issue. Lately there has been some volatility but I don't expect there to be any lows. Breakout is imminent! Looking to see how this plays out. Longby KRAKENTHETRADERUpdated 2214
BITCOIN BULLISH BIAS|LONG| ✅BITCOIN is going down now But a strong support level is ahead at 66,000$ Thus I am expecting a rebound And a move up towards the target at 71,000$ LONG🚀 ✅Like and subscribe to never miss a new idea!✅ Longby ProSignalsFx115
Bitcoin dump coming?Looks like bitcoin can’t pass the 70000? We had very big uptrend from the green line on 29000. So a short trend down looks ok. Shortby easyprotrader1