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BITCOIN SUPPORTS 80K?

We returned to the 80k zone, there was a gap to fill in this area that we had previously tested, the price may even drop to 79k to finish liquidating leveraged traders. Can the price continue to drop to 73k-65k? In the short term, it is unlikely, the liquidation heatmap shows a large amount of leverage at 86.5k. From this area, there should be a technical recovery in the price.

The RSI and Stochastic oscillators indicate oversold conditions, the RSI is <30 and the %D line of the Stochastic is also below 20.

The MACD EMAs still have a large gap, but the red zone may start to close at this price level. (It still does not indicate convergence with the other indicators).

There are massive withdrawals in the Gold Market, this capital flight or part of it may migrate to the crypto market.

It remains pending for the weekly candle to close above 80k, see bullish volume (buying) that confirms some bullish candle pattern.

I share this Bitcoin analysis applying Elliott Wave theory, consisting of 5 growth phases (1,2,3,4,5) and corrective waves (a,b,c).

On the weekly chart, a clear bullish channel is visible, which has respected the channel boundaries, and we are in the final phase of corrective wave c, a zone of BTC accumulation. The major drop of -30% has already occurred, and now the price is holding well at this level.

Based on Elliott Wave assumptions, the following growth wave (1,2,3,4,5) can be projected, taking the price to approximately 103k by the end of January, 140k in the first quarter of 2026, and 170k by the end of the year.

The next objective is to enter wave 1 using long strategies at this price level, confirming the purchase with oscillators:

-RSI < 30 on lower timeframes.
-Stochastic %D < 20 on lower timeframes.
-Bullish divergence.
-Clear bullish market sentiment shown by chart patterns or candlestick formations, such as a bullish engulfing pattern.

Short-term price targets are 94k, 96k, 98k, and 103k.

$BTC $ETH $XRP

Natural Retracement in Bitcoin:

Price Action: BTC rose nearly 9% from 87k to 94.5k. Currently, it has retraced by 3%, almost a 30% retracement of the bullish impulse, now in a consolidation zone, at the first key Fibonacci level.

Oscillators support this from the technical analysis; on the 1H timeframe chart, a bullish divergence is visible in the RSI—meaning there is a significant deceleration in selling pressure.

The %D line of the Stochastic is below <20, in a pre-signal area; with a bullish candle that pushes the %D line upward, we get a confirmation for entry.

Pending is the appearance of a bullish chart pattern or candlestick pattern, accompanied by volume.

Scenario 1: Price retests resistance at 94.5k (if it does so with strength, featuring a bullish engulfing candle and significant buying volume, it will likely break through this level easily).

Scenario 2: Continues to retrace to the next key Fibonacci level, at 90k. Testing this level as previous resistance.

$BTC

IS THE BULLISH CYCLE IN BITCOIN CONTINUING? 👇👇

In the weekly chart of Bitcoin, I have traced the bullish cycle of the Elliott Waves.

Nice chart, right? 💥

We have a bullish channel.

We are in wave 16, finishing wave c of the bullish cycle of 21 waves. We still have one growth cycle (level 5) left, according to this theory.

There are several patterns occurring similarly.
The oscillators: RSI, Stochastic, and MACD are at levels very close to the past levels that served as catalysts to push the price up.

According to this last bullish cycle, we could see Bitcoin at 200k by the end of April 2026. 🚀🚀

After this, once wave 21 is completed (at level 5), the bearish wave comes to continue with the total cycle of the wave of 34 cycles. The dreaded crypto winter.

There is extreme fear in the market, but the macro fundamentals do not show signs that the bubble has truly burst. It is a selling panic that takes novices out of the game and puts liquidity in the hands of strong players (institutional). The game is 1 to 1, the winners take the money from the losers.

Which side are you on?

$BTC

Change in investor sentiment in the Crypto Total Market Cap

The market has been correcting since October, with a short-term bearish trend. It has found support and is currently consolidating upward again; I have identified a short-term bullish trend (with higher highs and higher lows). The price is close to breaking the short-term bearish trend and heading again towards previous resistance levels (ATH).

The chart always shows investor sentiment; the trader's psychology is to follow this sentiment, and the sentiment is that the market is recovering (basic technical analysis).

From the fundamental side, there are several catalysts that can drive the price upward in the short term, the increase in liquidity in the USA, the government reopening, expansionary monetary policy, the reduction of QE and QT by the FED, the clarity law.

$BTC

ZCash in demand zone, is another bullish impulse coming? 👇

ZEC may give a new bullish impulse in this zone.

The price is touching the medium-term (secondary) upward trend, the retracement may be coming to an end.

The Stochastic %D oscillator is in the pre-buy signal zone both in the 4h timeframe chart and in the 1h chart.

The price action that should occur is a continuation candle pattern like the classic bullish engulfing, accompanied by buying volume and a close above the support level to confirm that another bullish impulse is coming. 🚀

This is a simple technical analysis strategy, wait for retracement, operate in favor of the trend, confirm entry with oscillators (stochastic, RSI, MACD), candle pattern, and volume.

$BTC

You should have come out at 3,05k

Btc every time it touches the 50-period ema reacts with a bullish impulse. Pullback to the 50 ema and bullish impulse. This is what this chart shows, we have a bullish trend, a bullish channel, the pullbacks are natural for a healthy trend. We have touched the 50 ema again. Is the pattern respected? We will see in the coming weeks.

When everyone is fearful (retail investor), be greedy (institutional investor) and when everyone is greedy (retail investor), be fearful.

The second scenario is that we break the bullish channel and go straight to 80k - 70k (I see this as unlikely). All fundamentals are bullish.

It's just a matter of time, we must be patient.

$BTC

Do you know about the Ethereum Liquidation Heatmap?

When you don't know where the price of Ethereum is going, up and down, the volatility scares you and you are afraid to invest in the opposite direction of the market and lose money, you just have to look at this chart, it is very simple I explain it to you below: 👇👇

This is a chart that shows where the largest amount of liquidations of leveraged positions is concentrated.

The market and the strong hands (whales) will always go to these price levels to liquidate the weak hands (retail) and keep their money.

In simple terms, the yellow areas concentrate the largest amount of leveraged positions and that is where the whales and institutions will manipulate the market.

If you can observe well in this chart, the largest amount of leveraged positions is found from 4.2k to 4.8k. Do you now understand where the price will go in the coming weeks? 🚀🚀

You can find this data visualization tool on Coinglass.

$ETH

BITCOIN A 120K 🚀🚀

We are testing support and short-term upward trend on the 4-hour chart, these pullbacks are natural and healthy in an extremely volatile market.

The price is holding well in the range of 110k - 111k, right at the 38.20% Fibonacci level (retracement of 1/3 of the upward trend in formation).

The next upward impulse will take the price to 120k. 💥

The important confirmation of this next price movement will occur when the 50-period EMA surpasses the 200-period EMA. 👈👈

#AnalisisTecnico

$BTC $ETH $SOL

The Bollinger bands indicate a rebound in the prices of Bitcoin and Ethereum! 🚀🚀

As we see in the daily timeframe charts, both in Bitcoin and Ethereum, the last daily candle has closed above the crossing of the 20-day moving average.

The bands as targets: The upper band is used as a price target once it surpasses the middle line and confirms the continuation of the bullish trend.

The next price targets and important levels for Bitcoin and Ethereum are 120k and 4.4k respectively (resistances).

#AnalisisTecnico

$BTC $ETH

The first price projection for ETH that I posted on Binance Square a couple of days ago has been fulfilled. 👈

--> Ethereum has reached US$ 4,150.

--> Next target and important resistance at US$ 4,300. 🚀

Technical fundamentals:

1.- The continuation pattern has resolved upwards, reinforcing Ethereum's bullish trend.

2.- The Relative Strength Index (RSI) is above 50 and is growing (accelerating bullish momentum).

3.- There is increasing buying volume (rising demand).

4.- Fear & Greed Index decreasing and currently at 36 (we remain in fear).

5.- Volume traded in the last 24% has increased by 75% according to Coinglass data.

This last week of October, I expect to see an explosive increase in price and a close of the monthly candle between US$ 4,600 and US$ 4,800.

If this happens, in November the price will surpass US$ 5,000 for the first time in Ethereum's history. 💥

$BTC $ETH $SOL

TECHNICAL ANALYSIS OF ETH | NEXT PRICE TARGET OF US$ 4.4k 🚀🚀

- Ethereum is testing the bullish trend and support at US$ 3.8k again and holding this price level strongly, the buying volume confirms it on the 4-hour timeframe chart.

- There is a bullish divergence in RSI that confirms the acceleration of bullish momentum in the market.

- The next price targets are at US$ 4.1k (just at the 200-period EMA) and if this price level is strongly surpassed, the next level is at US$ 4.4k.

- The Crypto Market Cap has increased by 1.34% in the last 24 hours reaching $3.71T.

- When the Fear & Greed Index is at lows, that's when the best buying opportunities in the market occur, weak hands sell, strong hands buy (we are currently at a level of 28 indicating fear).

$BTC $ETH $SOL

The Crypto Total Market Cap index is recovering 🚀🚀

- Break of short-term bearish trend (tertiary trend), on a 4h timeframe chart.

- Bullish divergence in RSI: The divergence suggests that selling pressure in the crypto market is decreasing.

- Potential bullish reversal: This is a sign that the bearish trend may be coming to an end.

- Additional confirmations:

1.- Gold reached an ATH and surpassed a market capitalization of 30 trillion dollars, there could be an eventual migration of capital to the crypto market.

2.- Interest rates are expected to drop by the FED at the end of the month (expansive monetary policy).

3.- All LONG positions were liquidated this past October 10, now it will seek the SHORT positions, the greatest liquidity is at the ATHs of BTC and ETH (125k and 4.9k)."

$BTC $ETH

Binance anuncia devolución de fondos a usuarios liquidados

All users who were liquidated this Friday, October 10, and lost more than 30% of their portfolio will receive a refund from Binance. This refund will begin within the next 24 hours!

$BTC $ETH $BNB