$BTC Market Analysis
BTC has experienced a strong upward movement following the breakout from the descending triangle pattern. As long as it continues to trade above the triangle, further upward momentum is expected. The next key resistance level is around $72,000.
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Bitcoin Bullets® Trading
VIP NEWS
JPMorgan: We Are Bullish on Digital Assets Into 2025
Global investment bank JPMorgan is bullish on cryptocurrency into 2025, driven by regulatory shifts and geopolitical tensions. Analysts suggest a Donald Trump re-election as the U.S. president could propel BTC higher, reinforcing the “debasement trade” as investors seek refuge in digital assets. With major liquidations behind and institutional support increasing, JPMorgan sees strong momentum for bitcoin and stablecoins despite ongoing regulatory uncertainty.
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$BTC Market Analysis
The price action of $BTC, as expected, successfully broke out of the resistance trendline of the descending channel, retested the level, and bounced back to hit $68,000. 🚀📈 It is now heading towards the next upward liquidity levels, signaling further potential for bullish movement. 💹
Keep an eye on these key levels as the market shows strong momentum! 🔥
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Bitcoin Bullets® Trading
📌$LTC/USDT (LONG)
Leverage: 5-10x
66.43
67.00
68.00
70.00
71.00
72.00
Profit: 121.3% (10X)🥂🔥
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VIP NEWS
Italy Targets Bitcoin With Capital Gains Tax Hike as EU Prepares for MiCA Regulations
Italy plans to raise its capital gains tax on bitcoin to 42%, up from 26%, as part of efforts to fund election promises and curb the fiscal deficit. The government cites growing bitcoin adoption as a key factor. This comes as the European Union prepares to implement its Markets in Crypto-Assets Regulation (MiCA), aiming to create unified cryptocurrency rules across the EU.
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📌$STEEM/USDT (LONG)
Leverage: 5-10x
0.1842
0.188
Profit: 83.5% (10X)🥂🔥
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📌$GMX/USDT (LONG)
Leverage: 5-10x
22.7
23
23.5
Profit: 71.6% (10X)🥂🔥
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VIP NEWS
Ripple Reveals Exchanges for Stablecoin RLUSD Launch
Ripple has announced that its new USD-denominated stablecoin, RLUSD, will be available globally through strategic partnerships with major platforms, including Uphold, Bitstamp, Bitso, Moonpay, Independent Reserve, Coinmena, and Bullish. Fully backed by U.S. dollar reserves, government bonds, and cash equivalents, RLUSD is positioned to enhance financial solutions while ensuring transparency and stability.
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📌$SSV/USDT (LONG)
Leverage: 5-10x
23.280
Profit: 42.2% (10X)🥂🔥
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📌$SOL/USDT (LONG)
Leverage: 5-10x
148.000
149.000
150.000
152.000
155.000
Profit: 99.1% (10X)🥂🔥
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VIP NEWS
Blackrock CEO Larry Fink Declares Bitcoin an Asset Class, Rivaling Gold in Investment Potential
Blackrock CEO Larry Fink has emphasized bitcoin’s growing legitimacy as an investment, calling it an alternative to commodities like gold. “We believe bitcoin is an asset class in itself,” said the CEO of the world’s largest asset manager. Fink downplayed regulatory changes, arguing broader acceptance and liquidity will drive market expansion. With the firm’s bitcoin ETF reaching $23 billion in inflows, he predicted further growth in digital assets and blockchain’s transformative potential in global finance.
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📌$LTC/USDT (LONG)
Leverage: 5-10x
66.43
67.00
Profit: 31.5% (10X)🥂🔥
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Bitcoin Bullets® Market Analysis
OCTOBER 14th, 2024
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⚪️TECHNICAL (DAILY)
The price action of $BTC on the daily timeframe has successfully broken out of its first resistance trendline and, impressively, also broke out of the second resistance trendline. For the bullish momentum to continue, the price action needs to close above this level and then retest it as support.
A successful retest will confirm further upward price movements and potential strength in the market. 📈🚀
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$BTC DAILY RANGE:
📈Upper Limit: [VIP ONLY]
📉Lower Limit: [VIP ONLY]
(+-18.45 based on moving average volatility open/endpoints)
📌SCALP ENTRIES (VIP)
(*Advanced traders only - moderate/high risk)
🔵LONG
💲[VIP ONLY]
🔴SHORT
💲[VIP ONLY]
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Bitcoin Bullets® Trading
📌$BTC/USDT (LONG)
Leverage: 5-10x
63000
63500
64000
65000
68000
Profit: 94.9% (10X)🥂🔥
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📌INSIDER UPDATE
💥EUROPE CUTS RATES BY 0.25% AGAIN
🇪🇺 EU - 0.75% rate cut
🇺🇸 USA - 0.50% rate cut
🇨🇦 Canada - 0.75% rate cut
🇬🇧 UK - 0.25% rate cut
🇨🇳 China - 0.25% rate cut
🇩🇰 Denmark - 0.25% rate cut
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Bitcoin Bullets® Trading
📌$XAI/USDT (LONG)
Leverage: 5-10x
0.2146
Profit: 29.5% (10X)🥂🔥
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$BTC Market Analysis
BTC surged following a breakout from the descending triangle pattern. In addition to this, it also broke through a key horizontal resistance level, which has now flipped into a support zone.
As long as BTC continues to trade above this newly established support, an upward momentum is expected to persist. Traders may look for further bullish action as long as the price stays above this critical support level.
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Bitcoin Bullets® Trading
Bitcoin Bullets® Market Analysis
OCTOBER 17th, 2024
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⚪️TECHNICAL (WEEKLY)
The price action on the weekly timeframe successfully broke out of both resistance trendlines with a strong, impulsive candle move 🚀.
Previously, the price was consolidating within a falling wedge pattern, which typically signals a bullish reversal 📈.
This breakout confirms the shift in momentum, and we can expect further upward price action if the breakout holds, potentially targeting higher levels as the bullish trend unfolds.
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$BTC DAILY RANGE:
📈Upper Limit: [VIP ONLY]
📉Lower Limit: [VIP ONLY]
(+-18.45 based on moving average volatility open/endpoints)
📌SCALP ENTRIES (VIP)
(*Advanced traders only - moderate/high risk)
🔵LONG
💲[VIP ONLY]
🔴SHORT
💲[VIP ONLY]
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📌INSIDER UPDATE
🔥 JUST IN: Goldman Sachs expects the Federal Reserve to cut interest rates to 3.25%–3.5% by June 2025.
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Читать полностью…$BTC Market Analysis
BTC experienced a strong surge following the breakout from its descending triangle pattern, confirming the bullish signal. The price action now shows solid upward momentum, with expectations of further gains as long as BTC continues to trade above the breakout level. As long as it maintains this position, the uptrend is likely to persist, signaling potential for continued strength in the market.
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Bitcoin Bullets® Trading
Bitcoin Bullets® Market Analysis
OCTOBER 16th, 2024
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⚪️TECHNICAL (DAILY)
The price action of $BTC successfully broke out of its 2nd resistance trendline and completed a retest, confirming the breakout. In order to continue the upward movement toward higher liquidity levels, the price action must hold its current support region.
A failure to hold this support could lead to a short-term pullback, but if it maintains, we can expect further bullish momentum and a potential move toward upper-side liquidity. Keep an eye on the support level for confirmation of sustained upward movement. 📈
⚪️WRAP-UP (VIP)
[VIP ONLY]
$BTC DAILY RANGE:
📈Upper Limit: [VIP ONLY]
📉Lower Limit: [VIP ONLY]
(+-18.45 based on moving average volatility open/endpoints)
📌SCALP ENTRIES (VIP)
(*Advanced traders only - moderate/high risk)
🔵LONG
💲[VIP ONLY]
🔴SHORT
💲[VIP ONLY]
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Bitcoin Bullets® Trading
📌INSIDER UPDATE
🔥 JUST IN: BofA CEO Expects Two More Rate Cuts This Year.
Brian Moynihan says BofA anticipates up to two more rate cuts this year, projecting a terminal rate of around 3% by the end of 2025.
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Bitcoin Bullets® Trading
$BTC Market Analysis
BTC has broken out of its descending triangle pattern and is now retesting the breakout level. A successful retest above the triangle would confirm a bullish continuation, signaling further upward momentum.
However, if the price closes a candle back within the triangle, it could indicate potential consolidation or further movement within the pattern.
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Bitcoin Bullets® Trading
📌INSIDER UPDATE
🔥 Nvidia $NVDA is currently on pace to set a new record high closing price today.
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