$BTC now‼️ We secured a 10% profit—nothing more. The market offers opportunities to earn if you incorporate my forecasts into your own trading strategy. Not financial advice.
Wishing everyone profits💰💪
fear_greed
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$BTC today‼️ My previous post about a conservative approach to taking profit proved timely, as always. The forecast regarding a potential price increase from a support level around $82,950 yielded a 20% profit. Those who took the time to think it over managed to sell—check my channel feed. Keeping greed in check allowed for closing the trade at the right moment. In trading, discipline leads to fewer losses and greater profits over the long run.
Today, the price of $BTC surged, driven by the largest wave of short-position liquidations since October 2nd, alongside $1 billion in inflows into BTC ETFs. Subsequently, under pressure from sellers and negative headlines, the price corrected downward toward a major cluster of long-position liquidations. The entire situation—including the potential for geopolitical escalation—serves as a "convenient tool" in the hands of major market players.
Note that the price is once again testing the upper boundary of an expanding trading channel, which confirms my theory about a "bull trap." Here’s the plan: I’m opening a long position now with a dynamic stop-loss, aiming for a 10% profit. Not financial advice.
Today's News‼️ ⭕️ Total BTC ETF flow: -$635.6M (BlackRock, Fidelity, Bitwise, Grayscale); ⭕️ Total ETH ETF flow: -$110.6M (BlackRock, Grayscale); ⭕️ Total SOL ETF flow: -$8.9M (Bitwise, Grayscale); ⭕️ Total HYPE ETF flow: -$7.9M (Bitwise, 21Shares); 🔴 Bitcoin options with a total value of approximately $1.31 billion are expiring on Deribit. The put/call ratio stands at 1.03, and the "max pain" price—the level at which the largest number of option buyers lose their premiums—is $82,000; 🔴 Meanwhile, Ethereum options worth approximately $250 million are also expiring, with a put/call ratio of 1.22 and a "max pain" price of $2,450; 🔴 Short-term holders have begun to incur more losses than gains from Bitcoin. Long-term holders, on the other hand, are still taking profits, though in much smaller volumes compared to the losses being realized; 🔴 Bitcoin’s hashrate is rising again as miners operate at full capacity—a development that CryptoQuant CEO Ki Young Ju views as a bullish signal; 🔴 The volume of deposits lent out on the OP mainnet has reached its highest level since the beginning of 2025; 🔴 Analyst: Bitcoin is exactly where it should be, according to quantile regression analysis relative to its 200-day moving average. Its fair value is $81,000; 🔴 82 crypto projects that shut down this year had raised $727 million from investors, according to data from DropsTab; 🔴 Markets are in full "risk-off" mode, with capital shifting toward "safe-haven" U.S. government bonds. Oil prices are hitting local highs; 🔴 On October 23, the following reports will be released: Manufacturing/Services/Composite PMI (preliminary, October); University of Michigan Consumer Sentiment; Consumer inflation expectations (October).
$BTC today‼️ My previous post about a conservative approach to taking profit proved timely, as always. The forecast regarding a potential price increase from a support level around $82,950 yielded a 20% profit. Those who took the time to think it over managed to sell—check my channel feed. Keeping greed in check allowed for closing the trade at the right moment. In trading, discipline leads to fewer losses and greater profits over the long run.
Today, the price of $BTC surged, driven by the largest wave of short-position liquidations since October 2nd, alongside $1 billion in inflows into BTC ETFs. Subsequently, under pressure from sellers and negative headlines, the price corrected downward toward a major cluster of long-position liquidations. The entire situation—including the potential for geopolitical escalation—serves as a "convenient tool" in the hands of major market players.
Note that the price is once again testing the upper boundary of an expanding trading channel, which confirms my theory about a "bull trap." Here’s the plan: I’m opening a long position now with a dynamic stop-loss, aiming for a 10% profit. Not financial advice.
Wishing everyone profitable trades💰💪
fear_greed
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$BTC today‼️ If you used my forecast regarding Bitcoin’s price movement in your trading, you could have secured at least a 20% profit. Back on Sunday, while analyzing the liquidation map, I pointed out a large concentration of short positions above the $84,000 level. With no negative news or macroeconomic data, and given the inflows into BTC ETFs, the bulls took the lead—which is clearly reflected in the Bitcoin price chart (up $4,000). I anticipated this outcome and shared my thoughts on it; check the channel feed.
I typically allocate only a small portion of my capital to futures trading, aiming for a 10% profit target. While this approach yields a smaller absolute gain, it helps develop a keen sense for price fluctuations and overall market movement. Avoiding excessive greed and keeping fear in check will ultimately lead to greater profits than chasing "easy money." I demonstrate this through my own actions. Not financial advice.
Right now, it is crucial for the bulls to hold the price above the support level at $82,950 (the light blue line). I opened a long position yesterday at these levels. Following Bitcoin’s rise, assets like POL, SOL, LINK, LTC (halving approaching), and BCH (halving approaching) are also moving up.
I’m also continuing to trade on prediction markets like Memepred and Manifold. As always, I’ve attached a screenshot.
$BTC today‼️ If you used my forecast regarding Bitcoin’s price movement in your trading, you could have secured at least a 20% profit. Back on Sunday, while analyzing the liquidation map, I pointed out a large concentration of short positions above the $84,000 level. With no negative news or macroeconomic data, and given the inflows into BTC ETFs, the bulls took the lead—which is clearly reflected in the Bitcoin price chart (up $4,000). I anticipated this outcome and shared my thoughts on it; check the channel feed.
I typically allocate only a small portion of my capital to futures trading, aiming for a 10% profit target. While this approach yields a smaller absolute gain, it helps develop a keen sense for price fluctuations and overall market movement. Avoiding excessive greed and keeping fear in check will ultimately lead to greater profits than chasing "easy money." I demonstrate this through my own actions. Not financial advice.
Right now, it is crucial for the bulls to hold the price above the support level at $82,950 (the light blue line). I opened a long position yesterday at these levels. Following Bitcoin’s rise, assets like POL, SOL, LINK, LTC (halving approaching), and BCH (halving approaching) are also moving up.
I’m also continuing to trade on prediction markets like Memepred and Manifold. As always, I’ve attached a screenshot.
Wishing everyone profitable trades💰💪
fear_greed
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$BTC today‼️ Subscribers who utilized the trading ideas shared on the channel on Sunday have secured at least 30% in profit. (Not financial advice.) The hypothesis regarding a descending broadening wedge—or expanding channel—was confirmed by a breakout above its upper boundary. Expectations concerning potential BTC ETF-related buying activity have also materialized. The absence of negative news, combined with a prolonged period of price consolidation near the 50-day moving average, provides a strong psychological support level. Consequently, these signals support the opening of consecutive long positions, with a target of up to 10% profit per trade. While this conservative approach generally yields better returns than high-risk strategies, it may perform differently during a full-blown bull market. (Not financial advice.) There is no significant macroeconomic data scheduled for release this week, giving the bulls some breathing room to push toward local price highs. The price has now consolidated above the trend line of the chart pattern shown in the attached Bitcoin price chart. If the bulls can maintain these levels over the coming hours, I believe the short-term upward trend will continue.
Today's News‼️ ⭕️ Total BTC ETF flow: +$23.2M (BlackRock); ⭕️ Total ETH ETF flow: -$26.1M (BlackRock, Fidelity); ⭕️ Total SOL ETF flow: -$6.7M (Grayscale); ⭕️ Total HYPE ETF flow: -$7.4M (Bitwise,21Shares, Grayscale) 🔴 The accumulation of Bitcoin in large wallets since mid-September has been driven primarily by other buyers, rather than by MicroStrategy; 🔴 Jim Cramer, host of CNBC’s "Mad Money," stated that he prefers gold—or gold ETFs—over Bitcoin as a hedge against portfolio risks; 🔴 Bitmine (BMNR) has staked an additional 159,728 ETH, valued at $390 million; 🔴 According to Bitwise, the volume of staked Ethereum has reached a record high of 43.8 million ETH, representing 35.9% of the total supply; meanwhile, 69% of all SOL tokens were staked by the end of the third quarter; 🔴 The Solana mainnet is set for its major "Alpenglow" upgrade; 🔴 According to Blockaid, losses from crypto hacks between January and August of this year totaled approximately $1.18 billion, with only $9.8 million recovered—a recovery rate of less than 1%; 🔴 Market Sentiment: Privacy-focused coins are gaining ground, while meme tokens are beginning to recover; 🔴 Arkham will no longer provide full transaction history or filtering tools to users who are not corporate clients; 🔴 Gold has declined by 30%, while futures trading volume on Binance reached $12.3 billion for the week.
$BTC today‼️ Subscribers who utilized the trading ideas shared on the channel on Sunday have secured at least 30% in profit. (Not financial advice.) The hypothesis regarding a descending broadening wedge—or expanding channel—was confirmed by a breakout above its upper boundary. Expectations concerning potential BTC ETF-related buying activity have also materialized. The absence of negative news, combined with a prolonged period of price consolidation near the 50-day moving average, provides a strong psychological support level. Consequently, these signals support the opening of consecutive long positions, with a target of up to 10% profit per trade. While this conservative approach generally yields better returns than high-risk strategies, it may perform differently during a full-blown bull market. (Not financial advice.) There is no significant macroeconomic data scheduled for release this week, giving the bulls some breathing room to push toward local price highs. The price has now consolidated above the trend line of the chart pattern shown in the attached Bitcoin price chart. If the bulls can maintain these levels over the coming hours, I believe the short-term upward trend will continue.
Today's News‼️ ⭕️ Total BTC ETF flow: +$526.7M (BlackRock); ⭕️ Total ETH ETF flow: -$103.3M (BlackRock, Fidelity, Grayscale); ⭕️ Total SOL ETF flow: -$6.7M (Bitwise, Fidelity); 🔴 Selling pressure on BTC has eased, though there is no strong demand from spot BTC ETFs either. Capital continues to shift into "fresh hands" — Glassnode; 🔴 Over the past month, holders of wallets containing between 10 and 10,000 BTC have acquired approximately 88,987 BTC, bringing the total volume of assets in these wallets to over 13.69 million BTC; 🔴 BlackRock has just filed an application for another Bitcoin ETF. This time, it is a "buffer" Bitcoin ETF, meaning it provides protection against price declines—though investors must sacrifice some potential upside to gain this protection; 🔴 The Ethereum Foundation will deploy the "Glamsterdam" upgrade to the Hoodi testnet on October 26; 🔴 Sentiment: CME futures for $BCH and $UNI became available for trading on October 19; 🔴 Crypto-financial infrastructure company Mesh has partnered with payments giant Visa, enabling users to make payments using cryptocurrencies and stablecoins directly from their wallets at over 175 million physical merchant locations worldwide; 🔴 In the third quarter of 2026, 8.92 billion non-voting transactions were recorded on the Solana blockchain—a 104% increase compared to the fourth quarter of 2025; 🔴 Ripple has created a dedicated X account and website specifically for the XRP token; 🔴 Total trading volume on decentralized exchanges within the Sei network has reached a record high of $15.9 billion; 🔴 Mt. Gox has postponed its debt repayment deadline to creditors for the fourth consecutive time—now pushing it to October 31, 2027.
Today's News‼️ 🔴 Cryptocurrencies account for 1% of the global portfolio — GS; 🔴 BTC is stubbornly refusing to give up its 50-day moving average. Glassnode previously reported that "whales" are placing buy orders at these levels; 🔴 The MVRV ratio has fallen back below its historical 30th percentile after the BTC price failed to consolidate near the $87,000 mark. Consequently, the MVRV indicator suggests that BTC is once again in an "accumulation zone," according to CryptoQuant experts; 🔴 68% of the total supply of Bitcoin is currently in profit; At the same time, nearly one in every three BTC remains in a loss; 🔴 The amount of ETH being withdrawn from staking is nearly outpacing the amount being deposited. Once this threshold is crossed, we will see a situation not observed since late 2025; 🔴 The "altcoin season" is rapidly fading: the market share held by altcoins has shrunk from over 90% to approximately 52%; 🔴 In September, Solana took the top spot for stablecoin transfer volume, reaching a record 557 million—surpassing the BNB Chain (543 million) by just 14 million; 🔴 Gold continues to outperform the US dollar and has become the world's largest reserve asset; 🔴 Options traders are bracing for a sharp spike in volatility as concerns surrounding artificial intelligence rattle the market.
$BTC right now‼️ We’ve secured a 10% profit from our previous forecast. The price is struggling to climb. The bears have made several attempts to push the price back toward the median line; while the relatively quiet news cycle makes the weekend favorable for long positions, sharp corrective spikes on lower timeframes are shaking the bulls' confidence.
The "liquidity spring" within the widening channel is tightening—the accumulation phase is truly approaching its climax. If a breakout from this "liquidity spring" occurs and holds—specifically, if the price stabilizes above $81,800—it will pave the way to test the psychological $83,000 level, especially with upcoming macroeconomic data on the horizon. Conversely, if the price falls back below the channel's median, the bulls will need to regroup and gather liquidity once again on the lower timeframes.
In our next post, we’ll analyze the on-chain data that has the greatest impact on Bitcoin’s price movements.
Trade with the trend and keep an eye on the daily candle close!
Wishing you all profitable trades💰💪
fear_greed
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$BTC right now‼️ I’m continuing to trade a technical pattern: a descending wedge. A long position opened near the median line of this formation is already yielding a profit of at least 8%.
In expanding structures, the median line often acts as a strong dynamic level of support or resistance.
There is local resistance in the $82,400.00–$82,600.00 range (where the 200-period moving average, or MA 200, is also currently positioned, acting as resistance). The stop-loss is dynamic.
If the bulls fail to break through the resistance line at $81,800, I will consider opening a short position.
A key characteristic of an expanding wedge is that each subsequent move is wider than the last. This often leads to stop-losses being triggered on both sides. Be prepared for false breakouts (whipsaws) around the median line.
$BTC right now‼️ I’m continuing to trade a technical pattern: a descending wedge. A long position opened near the median line of this formation is already yielding a profit of at least 8%.
In expanding structures, the median line often acts as a strong dynamic level of support or resistance.
There is local resistance in the $82,400.00–$82,600.00 range (where the 200-period moving average, or MA 200, is also currently positioned, acting as resistance). The stop-loss is dynamic.
If the bulls fail to break through the resistance line at $81,800, I will consider opening a short position.
A key characteristic of an expanding wedge is that each subsequent move is wider than the last. This often leads to stop-losses being triggered on both sides. Be prepared for false breakouts (whipsaws) around the median line.
Today's News‼️ ⭕️ Total BTC ETF flow: -$82.4M (BlackRock, Fidelity); ⭕️ Total ETH ETF flow: -$69.7M (BlackRock); ⭕️ Total SOL ETF flow: -$12.7M (Bitwise); 🔴 Yesterday, El Salvador acquired another BTC for its Strategic Bitcoin Reserve. They now hold 7,807 BTC; 🔴 Historically, "hash rate ribbons" were considered one of the most reliable signals of capitulation in the Bitcoin market. However, with miners increasingly shifting toward artificial intelligence this year, a decline in the hash rate no longer reflects the same underlying conditions; 🔴 Bitcoin mining difficulty has increased by 5.92% from its previous level, reaching 140.58T; 🔴 Over the past 9 months, Bitcoin has appreciated by 113% against silver. Historically, such a trend points to a bullish outlook for BTC; 🔴 The cost of remittances made using stablecoins is approximately 84% lower than that of traditional transfers: for a $200 transaction, the average fee is $2, compared to $12.72; 🔴 Fidelity: Based on power-law patterns, a new 4-year bull market cycle may be underway. While there is no clear trend visible yet, it is worth noting that bull markets rarely begin with a clear, defined trajectory; 🔴 Orion Engine: $BTC has traditionally exhibited a "stair-step" pattern—a period of consolidation within a specific range, followed by several days of exceptional growth, and subsequently, further fluctuations within a higher range. If this trend continues, we could reach a range of $100,000 to $110,000 by early November; 🔴 Seventy-five percent of cryptocurrency holders in the U.S. want to access digital asset services through the banks they already use, according to a 2026 Sentora survey of 10,000 American crypto holders.
‼️BTC Analysis: A Descending Channel or a Bear Trap? On a local timeframe, Bitcoin is clearly tracing a descending parallel channel (or a descending wedge), within which the price is methodically drifting lower. The zigzag pattern (indicated by white lines) reveals a structure that resembles a potential "double bottom" (a W-pattern).
Historically, such patterns result in an upward breakout 70% of the time. Right now, a major player appears to be shaking out retail investors while absorbing the sell-side volume coming from ETFs.
Under pressure from bears, the price dipped below a key level at $80,089 (marked by a light-blue support line), swept liquidity from leveraged long positions, and—under immediate buying pressure—snapped back into the channel. This is a strong bullish signal (a "bullish liquidity sweep").
The most recent local rebound stalled precisely at the intersection of the channel’s upper boundary and the 200-period moving average (the pink line, located around $82,650–$82,800). This price movement yielded a 7% profit (see my previous post). As long as the price remains below this level, a local pullback is underway. A short position on this move generated at least a 10% profit (see my previous post).
On-chain metrics show an all-time high in the number of wallets holding between 10 and 10,000 BTC. Large players and funds—such as Strategy Inc.—are aggressively accumulating during this dip.
Institutional investors have been taking profits, and inflows into spot ETFs are currently on pause; this is what is holding back a retail-driven rally. My primary expectation is an upward breakout. Locally, we might continue to trade sideways within the $80,000–$81,000 range, but the real upward move will begin once there is an impulsive breakout followed by the price consolidating above the 200-period moving average (MA 200) at $82,800. From there, the path will be clear toward $85,000+.
I will re-evaluate my positions if the price consolidates below the support level at $80,089. Follow for more.
Wishing everyone some profit💰💪
fear_greed
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$BTC today‼️ My previous forecast—which anticipated a potential price decline toward the lower boundary of a hypothetical trading channel—yielded a profit of at least 30%.
In the second image, I illustrated how the price might move if the bulls fail to maintain balance and reach the upper boundary of the projected ascending channel.
Technical analysis and data analytics can help you generate profit. I incorporate both into my posts so that you can learn to recognize market patterns and mechanisms, drawing on my own market experience. I hope you find this insightful.
The core CPI rose only slightly, yet major players used this as a pretext for a correction—a sign that the current trend is weak.
Despite all this negative news, major players are accumulating Bitcoin. If you follow my feed, you’ve likely seen my previous posts on this.
Right now, I am watching to see if the price stabilizes above the lower boundary of the trading channel. I remain of the view that there is no truly negative news for Bitcoin, even with rising inflation. The reason is that the Federal Reserve will eventually begin printing money, and the markets can sense this. Not financial advice.
I have just opened a long position at $82,350 with a tight stop-loss. Don’t forget to use a stop-loss! Not financial advice.
If the sellers keep up the pressure, I will look to open a short position with a 10% profit target, starting from a price level of $81,500.
Today's News‼️ ⭕️ Total BTC ETF flow: +$6.1M (BlackRock); ⭕️ Total ETH ETF flow: -$60.3M (BlackRock, Grayscale); ⭕️ Total SOL ETF flow: -$9.8M (Bitwise, Grayscale); ⭕️ Total HYPE ETF flow: -$10.3M (Bitwise, 21Shares, Grayscale); 🔴 Bitcoin options with a total value of approximately $1.46 billion are set to expire on October 16. The put/call ratio stands at 1.27, and the "max pain" price—the level at which the largest number of option buyers lose their premiums—is $83,000; 🔴 Simultaneously, Ethereum options worth approximately $300 million are also expiring. The put/call ratio is 0.58, with a "max pain" price of $2,500; 🔴 The cumulative trading volume on DEXs for tokenized stocks issued by Coinbase has reached ~$2.8 billion; 🔴 The number of Bitcoin wallets holding between 10 and 10,000 BTC has hit a record high of 20,338, according to a report by on-chain analytics firm Santiment; 🔴 Data from Glassnode indicates that new large buy orders fueled Bitcoin’s price increase following the execution of buy orders above $80,000, while support levels below $80,000 are weakening once again; 🔴 Market data analysis points to the emergence of bearish sentiment in the Bitcoin derivatives segment, where negative funding rates signal the dominance of short positions; 🔴 Based on 30-day growth rates, Binance bStocks is projected to reach a volume of $1 billion in tokenized stocks in approximately 127 days; 🔴 USDC dominates the space for payments made via AI agents using the x402 standard; 🔴 Over the past two months, the number of holders of tokenized stocks on Solana has grown from 400,000 to approximately 1.4 million; 🔴 The final rule for implementing the GENIUS Act—legislation concerning stablecoin regulation—will be released by the end of October, according to the head of the OCC.
$BTC today‼️ My previous forecast—which anticipated a potential price decline toward the lower boundary of a hypothetical trading channel—yielded a profit of at least 30%.
In the second image, I illustrated how the price might move if the bulls fail to maintain balance and reach the upper boundary of the projected ascending channel.
Technical analysis and data analytics can help you generate profit. I incorporate both into my posts so that you can learn to recognize market patterns and mechanisms, drawing on my own market experience. I hope you find this insightful.
The core CPI rose only slightly, yet major players used this as a pretext for a correction—a sign that the current trend is weak.
Despite all this negative news, major players are accumulating Bitcoin. If you follow my feed, you’ve likely seen my previous posts on this.
Right now, I am watching to see if the price stabilizes above the lower boundary of the trading channel. I remain of the view that there is no truly negative news for Bitcoin, even with rising inflation. The reason is that the Federal Reserve will eventually begin printing money, and the markets can sense this. Not financial advice.
I have just opened a long position at $82,350 with a tight stop-loss. Don’t forget to use a stop-loss! Not financial advice.
If the sellers keep up the pressure, I will look to open a short position with a 10% profit target, starting from a price level of $81,500.
Today's News‼️ ⭕️ Total BTC ETF flow: -$264.1M (BlackRock, Fidelity); ⭕️ Total ETH ETF flow: -$129.5M (BlackRock, EZET, Grayscale); ⭕️ Total SOL ETF flow: -$4.9M (Bitwise); ⭕️ Total HYPE ETF flow: -$1.9M (Bitwise, 21Shares); 🔴 MARA, the largest publicly traded mining company, has an average production cost of $59,774 per BTC—well below the current market price. Its hashrate has been growing for two consecutive months, following a nine-month decline. A growing number of miners are feeling optimistic; 🔴 "Whales" are leaning toward opening long positions, while retail traders are doing the exact opposite across several exchanges. This is evidenced by the "Whales vs. Retail Traders Delta" metric; 🔴 Whales have accumulated approximately 60,000 BTC over the past month, signaling a massive absorption of supply and a shift in the buyer profile; 🔴 Bitwise CIO Matt Hougan noted on X that Bitcoin has shown strong price resilience, falling only about 1% despite U.S. inflation data coming in higher than expected. Hougan mentioned that he had anticipated a 3–5% drop in the crypto market following the release, but BTC held steady near $82,600—a performance he described as "impressive"; 🔴 There is currently no euphoria in the Bitcoin market; funding rates are hovering around their historical average; 🔴 Polygon has completed the acquisition of Coinme. The deal will grant Polygon access to 37 money transmitter licenses and 11 exemptions from state-level regulatory requirements; 🔴 Historical parallels with past election cycles and seasonal liquidity inflows point to the potential for stock market growth in November and December; 🔴 The U.S. Department of the Treasury plans to buy back up to $6 billion in long-term bonds tomorrow.
Today's News‼️ ⭕️ Total BTC ETF flow: +$175.62M (BlackRock, Fidelity, Morgan Stanley); ⭕️ Total ETH ETF flow: +$24.84M (Fidelity, Grayscale); 🔴 Volatility markets are showing a peak in interest today; 🔴 Bitcoin is holding above the STH (Short-Term Holder) cost basis, the 200-day moving average, and the yearly moving average. This represents a very powerful set of structural support levels; 🔴 Bitcoin holdings on crypto exchanges continue to decline, potentially creating conditions favorable for further price growth, according to CryptoQuant analysis; 🔴 According to The Block, JPMorgan analysts estimate that approximately $50 billion has flowed into Bitcoin and digital assets this year; 🔴 On X, Reddit, and Telegram, there are 2.05 "bullish" comments on $ETH for every "bearish" one; sentiment clearly indicates FOMO; 🔴 Currently, the number of OUSD holder addresses across four blockchains exceeds 1,100, an increase of ~1,780% compared to a month ago. Tempo leads with 607 addresses, followed by Base (244), Solana (135), and Ethereum (123); 🔴 Most trading of tokenized stocks on Solana and BNB Chain takes place outside of standard US stock market hours, reports Cointelegraph; 🔴 Total Value Locked (TVL) in Lighter on Robinhood Chain has surpassed $100 million. TVL surged by 1,000% — from $10 million in July to $110 million in October 2026; 🔴 The Chinese yuan reached its highest exchange rate against the US dollar since June 2022.
$BTC today‼️ The price is consolidating in the absence of negative news, just as I anticipated. I am trading today within the boundaries of a rough ascending channel on the 1-hour (1H) timeframe. The $82,900 level is acting as strong support. Driven by rising interest, the Bitcoin price is likely to break out in the coming hours. I was mistaken yesterday in assuming that ETF outflows would decrease; let's see what happens today. Outflows have been observed for over 10 days now, but I expect them to pause temporarily, provided the news landscape doesn't deteriorate. As before, I do not believe the Bitcoin price will undergo a significant correction prior to the election.
I am currently holding a long position. The target is marked on the price chart. I am trading with a dynamic stop-loss. I will hold the long position until the target is reached unless I see a high volume of selling; otherwise, I will switch to a short trade ($82090).
Wishing everyone profitable trades💰💪
fear_greed
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$BTC today‼️ The trade based on the previous forecast yielded a profit of at least 20%. Had a long position been opened from the upper boundary of the hypothetical downtrend channel after the post was published, the profit would have been at least 10%. The target of $83,900 has been reached.
Selling pressure is evident right now; however, in my opinion, this selling represents standard price spoofing. A major player is effectively preventing the price from rising above the indicated levels. I do not foresee a surge of negative news before earnings reports are released, which allows bulls to capture short-term profits. Clear signs of buying activity are visible at the $83,500 level.
I intend to open a long position targeting a price of $84,550. I am adjusting my stop-loss. Not financial advice. Do your own research.
$BTC today‼️ The trade based on the previous forecast yielded a profit of at least 20%. Had a long position been opened from the upper boundary of the hypothetical downtrend channel after the post was published, the profit would have been at least 10%. The target of $83,900 has been reached.
Selling pressure is evident right now; however, in my opinion, this selling represents standard price spoofing. A major player is effectively preventing the price from rising above the indicated levels. I do not foresee a surge of negative news before earnings reports are released, which allows bulls to capture short-term profits. Clear signs of buying activity are visible at the $83,500 level.
I intend to open a long position targeting a price of $84,550. I am adjusting my stop-loss. Not financial advice. Do your own research.
Wishing everyone profitable trades💰💪
fear_greed
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$BTC today‼️ Today, I am trading the levels of the hypothetical downtrend channel shown on the price chart. Recent setups have yielded over 30% profit. I plotted a similar pattern on the chart a few weeks ago; if you recall, the price reached $87,000. The targets are modest, as always—10% profit per trade. I am trading off the upper boundary of the hypothetical trading channel (the trade might already be closed by the time this is published).
Sellers dominated during today's Asian session. Although it is effectively a holiday in the US, market activity is picking up noticeably. Corporate earnings reports due tomorrow are likely to be moderate.
For now, I am watching the hypothetical resistance level at $83,900—a point where the bulls are looking to establish a foothold.
We are keeping an eye on ETF flows today; I anticipate buying activity. Not financial advice.
Today's News‼️ ⭕️ Total BTC ETF flow: -$65.4M (BlackRock); ⭕️ Total ETH ETF flow: -$85.4M (BlackRock, Grayscale); ⭕️ Total SOL ETF flow: -$0.7M (VanEck); ⭕️ Total HYPE ETF flow: -$2.3M (Bitwise); 🔴 Bitcoin sellers dominated again on Monday. Over the past 24 hours, 36,800 BTC were transferred to exchanges. Net taker volume turned negative again, indicating that aggressive selling is outweighing buying demand; 🔴 Analysts: The 100-day moving average has crossed above the 200-day moving average. In 8 out of 9 previous instances, the Bitcoin price rose one month later, with a median gain of 13.2%; 🔴 Bitcoin Magazine: Bitcoin funding rates have turned negative for the first time in three months, a trend historically associated with price increases; 🔴 The ETH/BTC ratio fell below 0.03 for the first time since August 19, according to OKX market data; 🔴 Ethereum is showing steady network activity and growth in the number of smart contracts despite price fluctuations; 🔴 Over the weekends of the third quarter, USDC trading volume on decentralized exchanges (DEXs) totaled $40.2 billion, with an average weekend trading volume of $1.37 billion; 🔴 Last week, the notional trading volume on Polymarket US reached $2.72 billion, surpassing the figure of $60.8 million recorded during the first full week of January; 🔴 Trading volume in single-stock options is approaching record levels, trailing only the "meme-stock mania" of 2021; 🔴 JPMorgan, Goldman Sachs, Citigroup, and Wells Fargo are set to release their latest quarterly results today. Other major companies scheduled to report include Johnson & Johnson and UnitedHealth; 🔴 Last week, hedge funds sold off financial stocks at the fastest pace since March.