BULLUSD trade ideas
Is a 70% crash to 20k for Bitcoin going to print ??This is a 3 week chart. Each candle print takes 3 weeks. This is not a forecast for tomorrow or the day after. This is months in the making.
On this timeframe months pass until targets are realised. Regardless, there are some important signals now printing that require attention.
When:
1) Stochastic RSI was above 80 AND then crosses down 50 (red arrows)
AND
2) RSI 50 level confirms resistance once a breakout has printed (black circles) as it is now, you must watch for a confirmation of resistance.
A and B had confirmed resistance in 2018 and 2019. 80% and 70% corrections followed. Point C in early 2021 was a false breakout only confirming in late 2021. A 75% correction followed.
Look left. This chart is now either repeating years 2018 / 2019 or 2021.
There are some important takeaways from all of this.
1) Whether it is a repeat of 2018 or 2019 or 2021, the bull run is over inside the next 6 months. There are far too many calls for higher highs into 2025 and beyond. That is not going to happen.
2) This is not a forecast for something that is going to happen right away.
3) The market top is not in yet. True. Market tops arrive with Euphoria not fear.
4) When this RSI resistance confirms, there will be no long opportunities in the market until 2027 at the earliest.
Ww
BTC Reaches New All-Time High as U.S. Election Excitement SpikesBitcoin ( CRYPTOCAP:BTC ) has surged to record-breaking highs, exceeding the $73,800 mark on November 6, driven by growing excitement surrounding the U.S. presidential election. The cryptocurrency experienced a robust 8.63% gain over the past 24 hours, briefly touching $75,011.06, as per CoinMarketCap data. This rally marks a pivotal moment for Bitcoin ( CRYPTOCAP:BTC ), reflecting both fundamental shifts and robust technical momentum.
Election-Driven Momentum and Investor Sentiment
The U.S. election has played a significant role in this surge, with Bitcoin’s price mirroring heightened market anticipation. During early New York trading hours, CRYPTOCAP:BTC climbed more than 3%, hitting $70,577. We attribute this performance to political forecasts, many of which favor Republican candidate Donald Trump. On decentralized prediction platforms like Polymarket, Trump's odds of victory surged past 60%, driving speculative interest in risk assets like Bitcoin.
Investor sentiment also appears split amid this rally. Prediction markets have become a focal point for traders eyeing short-term price shifts, and a boost in Trump’s winning odds correlated directly with Bitcoin's breach of the $70,000 threshold. However, uncertainty persists: major Bitcoin spot ETFs, including Fidelity and Ark Invest, have seen outflows totaling $541.1 million, while BlackRock's IBIT ETF stood out with $38.3 million in inflows.
Technical Analysis
From a technical perspective, Bitcoin ( CRYPTOCAP:BTC ) exhibits strong upward momentum. The Relative Strength Index (RSI) sits at 67.76, indicating that CRYPTOCAP:BTC is nearing overbought territory but still has room for further gains before reaching extreme levels. Moreover, a bullish crossover has occurred: the 9-day moving average has risen above the 21-day moving average, signaling sustained bullish sentiment.
Support levels also highlight the strength of Bitcoin's price action. BTC’s current support at $69,000 has been tested multiple times, acting as a reliable floor for price movements. If Bitcoin were to pull back, analysts identify $64,000 as the next critical support level. On the upside, resistance at $75,000 is significant, but breaking past this barrier could propel CRYPTOCAP:BTC to a target range between $80,000 and $85,000, setting new benchmarks for price stability.
Fundamental Factors: Halving and ETF Developments
Bitcoin’s impressive rally builds on fundamental developments, including the April 2024 halving, when mining rewards were reduced from 6.25 BTC to 3.125 BTC. Historically, halvings have constrained Bitcoin's supply, often triggering significant price appreciation. This year’s halving has once again underscored Bitcoin's deflationary nature, contributing to its ongoing seven-month upward trend.
Additionally, the emergence of U.S. Bitcoin spot ETFs has catalyzed further interest in the cryptocurrency market. Since their debut in January, these ETFs have amassed over $450 billion in daily trading volume, with inflows reaching $22.5 billion in 2024. Nevertheless, ETF performance has shown mixed signals. Notably, on November 5, U.S. spot Bitcoin ETFs experienced net outflows of $72.67 million, marking a three-day streak. Fidelity’s FTBC ETF recorded a substantial single-day outflow of $68.24 million, suggesting some investors remain cautious.
Options Market Insights and Leverage Risks
The options market reveals bullish sentiment for key November dates, with many traders targeting price levels between $72,000 and $75,000. However, caution is also evident, as one trader placed $64,000 worth of put options, hedging against potential downside risk. The stakes are high, as CoinGlass data indicates a price drop below $68,000 could liquidate roughly $484 million in long positions. Conversely, a breakout above current levels may trigger forced liquidations of $215 million in short positions, underscoring the volatility driven by leveraged trading.
Leverage plays a crucial role in Bitcoin's market dynamics. Should BTC’s price move sharply, liquidation cascades could amplify price swings, heightening market turbulence. This setup remains a double-edged sword, promising either rapid gains or significant losses for traders.
Conclusion
Bitcoin's ascent past $75,000 showcases its resilience as a digital asset, bolstered by election-driven sentiment, favorable technical indicators, and a foundation of growing institutional adoption. While uncertainties surrounding the U.S. election outcome and ETF flows present risks, Bitcoin’s robust support levels and bullish momentum signal a promising outlook. As market participants watch for the next breakout, CRYPTOCAP:BTC remains a focal point in the ever-evolving digital economy.
BITCOIN Will keep Growing BuyBITCOIN keeps growing and we are seeing a strong bullishb breakout of the key level around 74k
which reinforces our bullish bais and we will be expecting a further move up buy
Bitcoin: a new dawn for crypto?What a week !
This could be a short summary of majority comments from the crypto analysts. After the election of the new President of the United States, who was strongly crypto supportive during the campaign, a new dawn came for the crypto industry. Investors are perceiving that the new US Government will be supportive for the crypto industry and that it might further gain in the mainstream and further solid grounds in the United States. BTC immediately reacted to the first electoral results, gaining strongly during the week. Still, the most important milestone came at Saturday trading session, when the BTC reached for the first time in history the level of $80K. Actually, the current highest historical level is above $80.000.
The RSI entered into the clear overbought market side and continues to move within it, at the level of 76. Under normal market conditions, this level would be treated as highly overbought, from where short term reversal might be expected. Still, current circumstances have to be taken into account, where the timing of this reversal might be postponed. The moving average of 50 days continues to strongly diverge from the MA 200, further confirming a cross occurred as of the end of October.
During the previous week charts clearly showed that the strong up trend for BTC will continue. A break from ATH level means that the BTC will now start searching for new equilibrium levels. Testing of old S/L lines is finished, and BTC is on the quest to chart new ones. The main question at this moment is how much funds are on the market which will be transferred to BTC, and from which other assets? Until the BTC hype is holding, it would not be easy to predict any levels, neither to up or to down side. At the moment, an old traders saying could be applied - trend is your friend. In case of a short reversal, there is some probability that the levels around $78K down to $76K could be tested. Still, some significant drop in the price of BTC, at this moment, should not be expected.
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85-88K is the next oneMorning folks,
So, BTC has made a historical breakout. But for those who read our monthly report it is not a surprise. This is long term game and the pumping process is just starting. If you want to know what is really going on - you could read it.
Meantime, we consider 85-88K as the next upside target. If BTC will show pullback prior it will reach it, then 73K seems like interesting level to consider for long entry. If pullback will start after 85-88K will be completed - then do not hurry up with position taking as retracement might be deeper.
We do not consider any short positions for now.
BTCUSDT Trading Strategy TodayBTCUSD is trading around 75,838 USD, showing strong upward momentum with potential for further gains. The chart highlights two critical support zones: Support 1 around 74,000 USD and Support 2 near 72,400 USD.
If BTCUSD experiences a pullback, these support levels could act as launching points for another upward move. Holding above Support 1 would strengthen the bullish outlook, targeting the resistance around 76,700 USD and potentially higher.
Bitcoin Is BoomingBitcoin has avoided bearish divergence, for now, and is sustaining momentum above the previous all time high. This is about as bullish as it gets, honestly. There’s nothing to worry about here for now.
All systems go.
BTC - Bear SignalWe have made good profits from BTC's bull move. However, it is now time to take sell positions. Price has broken my liquidity trend line. It now needs to break the 86 500 region then continue dropping. We are selling BTC.
Bitcoin’s Path to New Highs: Targeting the $88,542 - $90,715 RanHello Folks
As Bitcoin continues its bullish momentum, the price action suggests a breakout from key resistance levels, pushing BTC towards new potential highs. The chart indicates a strong uptrend with Bitcoin breaking past significant zones, confirming the strength of buyer interest.
Based on my analysis, the next target for Bitcoin lies in the range of $88,542 to $90,715. This target range is defined by the technical breakout and current trajectory, showing potential for further upward movement. However, as always, traders should remain vigilant for any signs of reversal or correction along the way.
This level will serve as a critical area to watch, where a break above $90,000 could pave the way for Bitcoin to test even higher resistance zones, while consolidation or rejection might prompt a pullback, giving traders an opportunity to reassess entries and exits.
Keep an eye on the price action as we approach this target range—Bitcoin’s journey towards $90,000 is one to watch closely!
Once we reach 90k A new update will be shared
BTCUSD- Trading Plan!BTCUSD- Trading Plan!
MITIGATION
FVG
CHOCO
OVER BOUGHT
Please set stop loss always
There is always next opportunity
Confirmation check
3 RULES
Buy
Sell
Wait
FOLLOW YOUR TRAIND SYSTEM FOR LONG RUN
Bitcoin 50% correction underway, see you at 36K!!Bitcoin 50% correction underway, see you at 36K!!
The rally from July to November was a corrective three-wave pattern (WXY), indicating a complex correction within a bull market. Don't get trapped—see you all at a minimum of 36k!
BTC to $77,563This weekend, I'm sharing my BTC outlook on TradingView. The thesis: retail FOMO is still strong, with traders buying near the top ahead of a likely correction to the $70K-$74K range. Following Trump's recent election victory, BTC is seeing a bullish surge as traders anticipate economic promises he made during his campaign. However, while optimism is high, any fundamental policy changes will take time to materialize, and the initial market reaction is likely more sentiment-driven than sustainable.
I project that BTC will reach the $77K level, creating a new high while preserving bearish divergence—a crucial point to watch. I’m trading on the one-hour chart, where the current pattern appears primed to repeat until proven otherwise. My stop loss is set below the green support line at $76,218 in case momentum shifts.
As this is my first TradingView post, I hope my insights resonate with you. Wishing you success this weekend as the U.S. market buys into the bullish trend. Good luck, and I hope you find my perspective useful.
November 7 Bitcoin Bybit chart analysisHello
It's a Bitcoinguide.
If you have a "follower"
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If my analysis is helpful,
Please would like one booster button at the bottom.
Here is the Bitcoin 30-minute chart.
Shortly later at 10:30, until 4 a.m. FOMC
There are two Nasdaq indicator announcements.
In particular, in the case of the US interest rate announcement FOMC
The rate cut from 5 to 4.75% is expected
It is almost the same as the forecast,
So it seems likely that it will be applied as Nasdaq good news.
Today was a place with a lot of worries.
I brought a simple analysis article with your votes
But today, for some reason, I want to eat some mild chicken.
At the bottom left,
I connected today's strategy with the condition of maintaining the long position of the purple finger at $73,877
In yesterday's analysis article.
*Red finger movement path
One-way long position strategy (two-way autonomy)
1. 74,372 dollars long position entry section / purple support line completely detached or 2nd section touched, stop loss price
2. 1st section long position 1st target at the top -> Top section 2nd target
(Refer to the 75,412.5 dollars long position re-entry section in the 1st short section of the sky blue finger)
If there is an immediate rebound from the current position
You can operate based on the short in the 1st section of the sky blue finger at the top /
stop loss price when the orange resistance line is broken.
Since the short-term pattern is broken from the 2nd section touched,
The possibility of additional decline after tomorrow increases.
Up to this point, please use my analysis article only for reference and use
I hope you operate safely with principle trading and stop loss price.
Thank you.
Enhanced ATR Predicting Targets of $72,238-$74,119ATR setup is on a 1DAY TF while the chart reads 23HR TF.
Please view the long position ATR calculated targets.
Entry: $68,412
Stop: $65,668
Profit targets: $72,238-$74,119
TA setup:
ForexX Radar includes RSI, MA, and Stoch
ForexX Rate of Change, Trix, and Ultimate Oscillator are all combined.
ForexX Risk management helps understand the future
As prices change, ATR AUTO DETECTOR moves along with prices but the long position stays in place.
Who's ready for a new ATH?
Here is this other idea: $85K, The Real Deal since 6/24/24. This was calculated by using PIPS.
Just Buy & Never StopBitcoin, with its fixed supply, acts as a “hedge” against this devaluation. Because no one can print any more Bitcoin, then it can't be devalued by printing more. In this way, if your local currency is falling in value, you can buy Bitcoin as a store of value.
In an extraordinary demonstration of demand for Spot Bitcoin ETFs, U.S. funds saw a record daily net inflow of $1.38 billion as Bitcoin itself hit new all-time highs. BlackRock (NYSE:BLK)'s IBIT fund dominated the inflows, attracting a record $1.12 billion of the total, reflecting the hype of recent events and a growing appetite for regulated BTC exposure among traditional investors.
Tom Lee told the CNBC show hosts that Bitcoin is “potentially a Treasury Reserve asset” for the U.S. If it is adopted in this status and if the price goes up, it can potentially help the U.S. reduce the budget deficit, Tom Lee believes.
BTC BEAR CASE📉 BTC/USDT Long-Term Analysis - Bearish Scenario 📉
If BTC loses the $66.7K level, this would serve as a strong bearish confirmation, indicating that the fifth wave is complete. In this case, I would expect a deeper correction with a target zone between $40K and $37K. This correction could last between 6 months to 1.5 years, suggesting a potential long-term trend shift.
So Confirmation: sub 66.7k
TP: 40k - 37k
Invalidation: after incoming correction if hold 0.5-0.7fib level ( 72-71k till 70.8-69.k) and bounce and make ATH. That will be invalidation for this case.
Disclaimer:
⚠️ This is not financial advice! All information provided is for educational purposes only. Always conduct your own research before making any investment decisions. Trading carries a high risk and may result in the loss of capital
BTC Makes New All Time High!Blue skies.
Bitcoin made a new all time high, smashing through $73,800 and hitting $75,000. What is there to say? The bull market is in full swing.
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!
HODL or FOLD - As always, everything is presented graphically.
- This isn't a price prediction.
- Which trend do you prefer: $125K or $250K?
- Share your thoughts in the comments!
Stay strong, don’t give food to the Whales!
Happy Tr4Ding!
How to Make (and Keep!) Money in Crypto**🧵 How to Make (and Keep!) Money in Crypto 🧵**
1/ **First thing’s first:** Most people *lose* money in crypto. They trade with leverage, get liquidated, and chase price swings. But you? You're smarter than that. 😉
2/ Patience is key. If you're still waiting for the right entry point, you're actually doing just fine. The goal here is to ride trends, not chase falling knives. Let the market show you the way. 🔍
3/ Let’s dive into some indicators. 🔥 Bitcoin has just hit the *overbought* zone on the 1-day chart, which usually signals a pullback within the next 4-5 days. That’s your signal to watch closely!
4/ Here’s the plan: if the market surges, wait for the 1-day indicator (blue line) to drop *below 20* before entering. That’s often a sweet spot for setting up profitable trades. Here's what it looks like: (insert example chart image)
5/ And yes, the 3-day and 1-week indicators are important, too. But in a strong bullish market, getting in when the 1-day cycle dips below 20 can yield solid returns. Sometimes a single cycle can net you *30% gains* in one trade. 🚀
6/ Remember: You don’t have to catch every move. Let the indicators guide you and enter at low-risk points. Keep it simple, stay patient, and let the profits come to you. 🧘
Ready to trade smart? Let’s make this bull market count! 🐂💸
