$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 $BTC successfully broke out of its 2nd resistance trendline and completed a retest, confirming the breakout. In order to continue the upward movement toward higher liquidity levels, the price action must hold its current support region.
A failure to hold this support could lead to a short-term pullback, but if it maintains, we can expect further bullish momentum and a potential move toward upper-side liquidity. Keep an eye on the support level for confirmation of sustained upward movement. 📈
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$BTC DAILY RANGE:
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📉Lower Limit: [VIP ONLY]
(+-18.45 based on moving average volatility open/endpoints)
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📌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 $NVDA is currently on pace to set a new record high closing price today.
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Читать полностью…📌$BTC/USDT (LONG)
Leverage: 5-10x
63000
63500
64000
65000
Profit: 40.5% (10X)🥂🔥
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📌INSIDER UPDATE
💰 Token holder distribution of $TON has grown by 2400% this year, as the total number of TON holders now stands at 90M
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Bitcoin Bullets® Trading
$BTC Market Analysis
BTC is currently attempting to break above the descending triangle pattern. A successful retest of this level would confirm a bullish breakout, signaling potential upward momentum. However, if the retest fails, it may indicate further consolidation or movement within the triangle, suggesting continued indecision and potential bearish pressure. Traders should closely monitor this retest for a clearer indication of the next directional move.
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Bitcoin Bullets® Trading
📌INSIDER UPDATE
💰 MicroStrategy stock has outperformed 100% of companies in the S&P 500 because of Bitcoin
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Читать полностью…Bitcoin Bullets® Market Analysis
OCTOBER 11th, 2024
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⚪️TECHNICAL (H4)
The price action of $BTC on the H4 timeframe has successfully bounced back from its horizontal support level, marked between $59,848 to $59,323.
Currently, the price is respecting its horizontal resistance level.
For further upward movement, the price action needs to flip this resistance into support to continue the bullish momentum. 📈
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$BTC DAILY RANGE:
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(+-7.11 based on moving average volatility open/endpoints)
📌SCALP ENTRIES (VIP)
(*Advanced traders only - moderate/high risk)
🔵LONG
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🔴SHORT
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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
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📌$SOL/USDT (LONG)
Leverage: 5-10x
148.000
149.000
150.000
152.000
155.000
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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
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🔴SHORT
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Bitcoin Bullets® Trading
$BTC Market Analysis 🚀
BTC has experienced a strong upward move following a breakout and successful retest of the triangle pattern. It is now advancing towards the horizontal resistance level while trading above the established horizontal support.
As long as BTC maintains its position above this support, further bullish momentum is anticipated, suggesting a potential continued upward trajectory.
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Bitcoin Bullets® Trading
VIP NEWS
TD Bank Makes History as First US Bank to Plead Guilty to Money Laundering Conspiracy
TD Bank, one of the largest financial institutions in the U.S., has agreed to pay a record $3 billion penalty, the largest ever under the Bank Secrecy Act, after pleading guilty to felony charges. The bank is the largest in U.S. history to plead guilty to Bank Secrecy Act program failures and the first to admit to conspiracy to commit money laundering. The Justice Department emphasized the bank’s compliance failures, which created an environment where financial crime thrived.
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- Bitcoin Bullets® Trading
VIP NEWS
JPMorgan CEO Jamie Dimon Warns of 'Treacherous' Global Tensions — and It's Getting Worse
JPMorgan Chase CEO Jamie Dimon sounded the alarm on mounting global instability, warning it could spark far-reaching economic disruptions. The executive stressed the toll of geopolitical tensions and the looming risks of fiscal deficits and remilitarization. With uncertainty escalating, Dimon urged vigilance, emphasizing that these crises could reshape both the economy and the course of history.
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- Bitcoin Bullets® Trading
📌$LTC/USDT (LONG)
Leverage: 5-10x
66.43
Profit: 20.3% (10X)🥂🔥
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📌INSIDER UPDATE
JUST IN: Donald Trump to launch crypto token sale on Tuesday.
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Bitcoin Bullets® Trading
$BTC Market Analysis
BTC has broken out of its descending triangle pattern and is currently retesting the upper boundary. A successful retest above this level would confirm a bullish breakout, potentially signaling further upward momentum.
However, if the price falls back inside the triangle, we could see continued consolidation or further movement within the triangle, indicating a lack of breakout confirmation. Traders should watch closely for either scenario to play out.
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Bitcoin Bullets® Trading