Bitcoin - The devastating top formation!💎Bitcoin ( CRYPTO:BTCUSD ) is creating a top:
🔎Analysis summary:
In the end of 2022, we witnessed another perfect bullish break and retest on Bitcoin. This retest was followed by an incredible rally of +600%. But slowly, Bitcoin is retesting a massive curve resistance, which has been pushing price lower for the past 15 years.
📝Levels to watch:
$100,000 and $50,000
SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION
Bitcoinmarkets
Bitcoin (BTC/USD) Market Analysis | November 2025The overall bias remains unchanged from the previous outlook. After BTC touched the 103,500 level on Oct 17, 2025, we saw a brief bullish push toward the 116,329 resistance zone.
However, price was rejected three times, and the daily candle never closed above this level — confirming it as a strong supply zone.
🔹 The rejection aligns perfectly with the 50% Fibonacci retracement, adding solid confluence to the bearish move that followed.
🔹 BTC has now returned to the key area of interest between 104,700 – 90,000, which stands as the final zone to defend for any long-term bullish continuation.
A clear break and daily close below 90,000 would likely invalidate the bullish structure and open the door for deeper downside movement.
#Bitcoin #BTCUSD #CryptoAnalysis #PriceAction #TechnicalAnalysis #Fibonacci #SupportAndResistance #TradingView #CryptoMarket #SwingTrading #MarketUpdate
Bitcoin Weekly - Do you remember November 2022 ? It May repeat
The way things are playing out right now are beginning to make me think we are towards the end of a Mini Bear market with Bitcoin.
Nothog like previous Bear markets were we saw -80% pull backs but still painful to many.
Let us remind ourselves of what happened in November 2022
For Weeks in September and November 2022, we saw overall decline, attempted recovery and then, BANG, that -26% Dive to the Bear market Low.
That also reached sown to the Long Term line of support, a line that has NEVER been crossed.
That same line has supported this Cycle Run on a Few occasions and I think we may well get to that line again this month.
As mentioned recently in my Monthly Candle Colour post, we have just repeated many similar moves.
The Current position is this.
If we reach down to that line, it is a -20% drop if we get there next week.
This all sounds a Bit drastic maybe but if we remember that IF it is mimicking the End of a Bear market, the one from 2022, then the future does look a little more rosy.
It is also worth Zooming out and looking at the bigger picture.
That is the monthly chart and it puts everything in perspective. This -20% move is NOTHING by comparison.
The Bold white line is the line of support we may reach and the Blue Arc is the Long Term point of Resistance.
The MAIN battle PA has had since November last year is that Blue Arc.
See that here.
So, there we have it, We may Scare the pants off a few people this month and PA could reach the 88K mark..That is below Cost Basis for many and would destroy confidence.
But look what happened in 2022...............................................
This is just an idea and may not happen.
But until things turn around this is what I am seeing
What an excellent Buying opportunity.
Bitcoin: You Need to Know This Before it HappensIt’s time I share something that’s consistently paid off for me, and I want you to understand it too, because there’s enough opportunity for all of us to win.
Here’s the truth: Bitcoin and most modern assets aren’t just traded by people anymore, they’re traded by algorithms. These systems follow patterns that, once you recognize them, become surprisingly predictable and profitable.
Each market cycle follows the same rhythm: a powerful bull run, massive profit-taking, and then a reset. But here’s what’s key, with every new cycle, large institutions are stepping in with bigger positions and deeper leverage. That’s why these patterns grow wider and taller each time, the scale increases right along with the money flowing in.
We’ve now reached the top of this current cycle, completing a familiar algorithm that’s played out again and again.
So what does this mean for you?
If you’re into shorting, this is the window to consider it. If you’d rather ride the next bull wave, patience will pay, wait for the price to retrace near $60,000. That’s where the next opportunity begins. And the next cycle? It’ll be even bigger, longer, taller, and more explosive than before.
The more you understand these repeating patterns, the more power you hold in the market. Let’s keep learning, growing, and profiting, together.
Quick BITCOIN Daily UPDATE - CAUTION
Bitcoin PA has droped below long ter support line again.
We need to see if today PA recovers to create a Wick down, as previously.
For me, Alarm bells ring if we pass and remain below 104K
We did that Once in Mid October but recovered Quickly from 103400 area
I do not want to do that again But the potential exists and so we need to be ready;
The Daily MACD
Yjr lower dashed line is a potential trend line on the Histogram.
We can see how the yellow MACD line if fighting to remain above the Red signal line.
As mentioned on Saturday, I fele we may continue to drop, I just do not know how far just yet.
The RSI offers an idea to oppose the idea of conintued drop
RSI is dropping down to a line oof possible Support.
We must wait and see how today plays out....It is Fragile and CAUTION is THE word to use.
Should you decide to play sage and Sell your Bitcoin, GOLD is looking llike a Good option righ tnow....NOT loosing value.
THAT is Not Advice but it is what I Might do if we pass my warning levels.
Bitcoin Setup Ahead – Is the $115K Target Within Reach?🎯 BTC/USDT: The Gentleman Thief's Heist Plan | $115K Target 🔥
📊 Market Overview
Asset: BTC/USDT (Bitcoin vs Tether)
Market: Crypto
Strategy Type: Swing/Day Trade
Bias: 🐂 BULLISH
🎭 The Setup: Planning the Perfect Heist
Ladies & Gentlemen, gather 'round! We're orchestrating a sophisticated Bitcoin heist, and the vault is looking mighty accessible right now. 💼💰
🔍 TECHNICAL CONFIRMATION
✅ Weighted Moving Average (WMA) Double Pullback Detected
The chart structure shows a confirmed bullish setup with double pullback pattern on the WMA, signaling potential upward momentum continuation.
🚪 Entry Zone: Any Price Level
That's right, OG Thieves — flexibility is key! You can enter at current market price. We're not picky when the setup looks this clean.
🚨 Stop Loss: $103,000 (The Escape Route)
Now listen carefully, fellow bandits: This is my stop loss level at $103,000. But here's the deal — I'm NOT telling you to blindly follow my SL. You're the mastermind of your own operation! Manage your risk, protect your loot, and make decisions based on YOUR risk tolerance. Every thief needs their own exit strategy. 🏃♂️💨
🎯 Target: $115,000 (The Main Score)
Our primary target sits at $115,000. Why stop at $116K when there's a police barricade (strong resistance) + overbought conditions + potential trap zone lurking there? Smart thieves know when to grab the bag and disappear before the alarms go off! 🚔
Important Reminder: This is MY take-profit level. You run your own show! If you want to be greedy and push for $116K+, that's YOUR call. Take profits when YOU feel comfortable. This is your heist, not mine! 💼✨
🔍 Technical Analysis: Reading the Blueprint
Key Resistance Zones:
$115,000 - Primary target (Sweet spot to secure profits)
$116,000 - Strong resistance + overbought danger zone (Police barricade territory!)
Support Levels:
$103,000 - Critical support/stop loss area
Market Structure: Bullish momentum intact with room to run toward our target zone. Watch for signs of exhaustion near $115-116K.
👀 Related Pairs to Watch
Keep your eyes on these correlated moves:
🔹 ETH/USDT - Often follows Bitcoin's lead; look for confirmation
🔹 BTC Dominance (BTC.D) - Rising dominance = BTC outperformance
🔹 DXY (US Dollar Index) - Inverse correlation; weak dollar = crypto strength
🔹 TOTAL (Total Crypto Market Cap) - Confirms overall market sentiment
Key Correlation: When BTC pumps with strong volume, altcoins typically follow with a slight lag. Monitor Ethereum for confirmation of crypto-wide bullish sentiment.
🎪 Risk Management: Don't Get Caught!
⚠️ This is a high-risk, thief-style trading strategy — meant for entertainment and educational purposes!
✅ Golden Rules:
Never risk more than you can afford to lose
Position sizing is EVERYTHING
Have YOUR OWN exit plan
Markets can reverse faster than you can say "heist"
This is NOT financial advice — just one thief sharing his blueprint with other thieves! 🎩
💬 Final Word from Your Fellow Bandit
Stay sharp, stay disciplined, and remember: The best thieves are the ones who live to steal another day! 😎🔓
Whether you're swinging for the fences or day-trading the volatility, make sure you've got YOUR plan locked in. My levels are just a reference point — YOU are the mastermind of your own trading heist!
Good luck, OG Thieves! May your bags be heavy and your exits be timely! 🎯💰
✨ "If you find value in my analysis, a 👍 and 🚀 boost is much appreciated — it helps me share more setups with the community!"
#Bitcoin #BTCUSDT #CryptoTrading #SwingTrading #DayTrading #TradingView #CryptoAnalysis #BullishSetup #BTCPrediction #CryptoSignals #TechnicalAnalysis #BitcoinTrading #CryptoTA #PriceAction #TradingIdeas
Ready for BTC/USDT's Next Big Move?🎉 BTC/USDT: "Bitcoin vs. Tether" Crypto Wealth Heist Map (Swing/Day Trade) 🤑
🚨 Thieves of the Crypto Market, Assemble! 🚨
Ready to pull off a stylish swing/day trade heist on BTC/USDT? This is your Crypto Wealth Strategy Map with a bullish setup that’s screaming opportunity!
📈 Let’s dive into this cheeky yet professional plan with a sprinkle of thief swagger to snatch those profits! 💰
📊 The Setup: Why This Trade is a Steal! 🕵️♂️
Bullish Confirmation: We’ve got a double bottom pattern signaling a potential reversal. ✅
Accumulation Zone: Price action shows buyers stacking up, ready to push BTC higher. 🛒
Heikin Ashi Reversal: Smooth, green Heikin Ashi candles confirm the bullish vibes. 🟢
Market Sentiment: The crypto streets are buzzing with optimism — time to capitalize! 😎
The Thief’s Entry Plan: Layered Limit Orders 💸
This is where our thief strategy shines! We’re using a layering strategy with multiple buy limit orders to sneak into the market like the slick bandits we are. 🕴️
Entry Levels:
🎯 $112,000
🎯 $113,000
🎯 $114,000
🎯 $115,000
🎯 $116,000
Pro Tip: Feel free to add more layers based on your risk appetite! Stack those orders like a master thief planning the perfect heist. 😏
Why Layering?: This approach lets you average into the position, reducing risk if the market pulls a fast one. 🃏
🛑 Stop Loss: Protect Your Loot! 🔒
Thief’s Stop Loss: Set at $110,000. This is our escape hatch if the market turns into a trap. 🕳️
Note: Dear Thief OGs (Ladies & Gentlemen), this SL is just a suggestion. You’re the boss of your own vault — adjust it to your risk tolerance! 💪
🎯 Target: Cash Out Like a Pro! 🏦
Profit Target: Aim for $127,000, where we expect strong resistance and potential overbought conditions. Watch out for a possible trap — don’t get greedy! 😈
Note: Dear Thief OGs, this TP is my take. You decide when to grab your profits and vanish into the crypto night. 🌙 Take the money and run at your own discretion!
🔗 Related Pairs to Watch 👀
Keep an eye on these correlated pairs (all in USD) to confirm the broader market trend:
BITSTAMP:ETHUSD : Ethereum often moves in tandem with Bitcoin. A bullish ETH could reinforce BTC’s upward momentum. 📈
BITSTAMP:XRPUSD : Ripple’s price action can signal broader crypto market strength. Watch for similar bullish patterns. 🌊
COINBASE:LTCUSD : Litecoin tends to follow BTC’s lead. A breakout in LTC could confirm our bullish bias. ⚡
Key Correlation Insight: These pairs often move together due to shared market sentiment in the crypto space. If BTC/USDT pumps, expect ETH, XRP, and LTC to potentially follow suit. Cross-check their charts for confluence! 🧠
🛠️ Technicals Recap: The Thief’s Toolkit 🧰
Double Bottom: A classic reversal pattern signaling bulls are ready to charge. 🐂
Accumulation Zone: Buyers are quietly stacking positions — a sign of strength. 📦
Heikin Ashi: Smooth candles filter out noise, confirming bullish momentum. 🕯️
Resistance Watch: $127,000 is a key level where sellers might step in. Stay sharp! ⚠️
⚠️ Disclaimer: Thief Style, Just for Fun! 😜
This Thief Strategy is for entertainment and educational purposes only. Trading is risky, and the crypto market can be a wild ride. Always do your own research (DYOR) and manage your risk like a seasoned bandit. I’m not a financial advisor, just a cheeky chart enthusiast sharing the vibe! 😎
✨ If you find value in my analysis, a 👍 and 🚀 boost is much appreciated — it helps me share more setups with the community!
#BTCUSDT #CryptoTrading #SwingTrading #DayTrading #ThiefStrategy #Bullish #TechnicalAnalysis #HeikinAshi #DoubleBottom #MakeMoney
BTC/USD Liquidity Blueprint – Are You Reading the Flow Right?🎯 BTC/USD: The Great Heist Setup | Swing Trade Blueprint 💰
📊 Market Overview
Asset: BTC/USD (BITCOIN/US DOLLAR)
Market: Cryptocurrency
Trade Type: Swing Trade
Strategy Style: The Thief Method™ (Layered Entry System)
🎨 Technical Setup
📈 Market Structure: BULLISH CONFIRMED
The Simple Moving Average is showing strong accumulation patterns with a healthy pullback structure. Bulls are loading up their bags like thieves preparing for the ultimate vault heist! 🏃♂️💨
Key Technical Indicators:
✅ SMA showing strong bullish accumulation
✅ Pullback phase completed
✅ Higher lows formation intact
✅ Volume supporting upside momentum
🎯 The Heist Plan: Entry Strategy
💎 The Thief Layered Entry System
Instead of going all-in at one price (that's how amateurs get caught! 👮), we're using a professional layered approach with multiple buy limit orders:
Entry Layers:
🔹 Layer 1: $108,000
🔹 Layer 2: $109,000
🔹 Layer 3: $110,000
🔹 Layer 4: $111,000
🔹 Layer 5: $112,000
💡 Pro Tip: You can add more layers or adjust based on your bag size and risk appetite. The beauty of this strategy? You average into position like a pro! 🎭
🛡️ Risk Management
⛔ Stop Loss: $106,000
⚠️ Important Note: Dear Thief OG's (Ladies & Gentlemen),
This is MY stop loss based on MY risk tolerance. You're the captain of your own ship! 🚢 Set your SL according to YOUR risk management rules. Remember: Take profits at your own risk, protect capital like it's your treasure!
🎯 Target Zone: The Great Escape
🚨 Target: $124,000
Why this target?
The "Police Barricade" (strong resistance zone) sits right here with multiple confluence factors:
🔴 Major resistance level
🔴 Overbought conditions expected
🔴 Bull trap zone activated
🔴 Historical rejection area
🏃♂️ Exit Strategy: When we hit this zone, it's time to take your loot and run! Don't get greedy and caught in the trap!
⚠️ Important Note: Dear Thief OG's (Ladies & Gentlemen),
This is MY take profit target. You're free to take profits whenever YOU feel comfortable. Your money, your rules, your timeline! 💰
🔗 Correlated Pairs to Watch
Keep your eyes on these related assets for confirmation:
💱 Major Correlations:
BITSTAMP:ETHUSD - Typically follows BTC momentum; watch for similar accumulation
BINANCE:BTCUSDT - Alternative pairing for liquidity confirmation
TVC:DXY (US Dollar Index) - Inverse correlation; weakness in DXY = strength in BTC
$SPX/SPY (S&P 500) - Risk-on sentiment indicator
GOLD ( OANDA:XAUUSD ) - Alternative store of value; competitive correlation
📍 Key Correlation Points:
When DXY weakens, crypto typically strengthens
Traditional market risk-on flows support Bitcoin upside
ETH/BTC ratio helps confirm alt-season vs BTC dominance
Gold movements indicate macro hedging flows
⚙️ Why The Thief Strategy Works
✨ Dollar-Cost Averaging (DCA) on steroids
✨ Reduces emotional decision-making
✨ Better average entry price
✨ Lower risk per order
✨ Professional money management
Think like a thief planning the perfect heist: multiple entry points, calculated risks, clear escape route! 🎭
🎬 Final Thoughts
This isn't financial advice—it's a strategic blueprint for those who trade with discipline and style! The market is our playground, but only the smart thieves get to keep their loot. 🏆
Remember:
📊 Stick to your plan
🎯 Manage your risk
💰 Take profits systematically
🧠 Trade with logic, not emotion
🎭 Execute like a professional
📣 Support This Analysis
✨ If you find value in my analysis, a 👍 and 🚀 boost is much appreciated — it helps me share more setups with the community!
#Bitcoin #BTCUSD #CryptoTrading #SwingTrade #TradingStrategy #TechnicalAnalysis #CryptoAnalysis #BTC #LayeredEntry #RiskManagement #ThiefStrategy #CryptoSignals #BitcoinAnalysis #PriceAction #TradingSetup #CryptoTA #BTCSetup #SwingTrading
🎯 Stay sharp, trade smart, and may the profits be with you! 🚀
Bitcoin Monthly Candle colour Close since 2011- Looking GOODOCTOBER CLOSED RED
October closed RED for the 5th time in Bitcoin History.
On 3 occasions, it was in a BEAR market, Once was in a Bull Run, in 2012 and the one that just closed Red,
We have to wait and see how things unfold from here.
Is this the End of this Bull run ?
Many will say so and this could be supported by the information above. The Majority of RED Octobers are in Bear markets.
Lets look closer
The left Box shows the only similar monthly Candle sequence, similar to the one we currently have. If you look closely, it is also a very similar "Curve" shape. Descent to low, rise, flatten out.
The Candle Sequence to see is Red, Green. 2 Red. 4 Green, 1 red, 1 Green
That Sequence was followed by a RED Candle, which we have just also done.
The Thin down facing arrow in the left Box, points to the equvilant candle to the one we just had.
The difference being when this happened.it was in Different months. the left box starting in September 2022.
IT WAS THE END OF THE 2022 BEAR market.....
The first Red candle in the current sequence was in December 2024
Some say we have entered a mini Bear a few months ago.......with long term holders selling coins, as is generally accepted as end of cycle action.
But these Coins all got bought right back up....Demand still exists.
The Large Green candle after the Red, Green. 2 Red at the start, in the left box , was January 2023, when we began this current "Cycle". The Bull Run.
Could we be about to see a repeat of this ?
But firstly, If we continur to follow this, we can expect a RED NOVEMBER !
But December will be Green and January would be EPIC, similar to the January 2023 Candle.......MAYBE
But this is all Hyposthosis.
The FACTS are :-
Looking ahead-->
Previous NOVEMBER Candle Closes
9 Green to 5 Red - Nearly twice as many Green as Red.
Only One Green November was in a Bear, November 2014.
The Red November in 2011 was the bottom and was the start of Bitcoins 2 year push to ATH.
The Red one in November 2022 marked the Bottom of the Bear, though December was red but a small candle.
Nearly half of the Red Novembers called the Bottom of a Bear, a turning point in market behaviour.
Some charts point to a RED start to November and the Red close fpr October certainly does not point towards a continued Bullish Sentiment.
I do not often point to TA in these month charts But the MACD will be reaching Neutral on Weekly charts by nid / late December.
To me, this points towards the time when Bitcoin has the ideal moment to push to a real New ATH. This could therefore point towards a Red November and then a Green December.... which follows the Sequence mentioned above.
But this is Bitcoin, it is its own Boss.
We have to wait..time will tell but I reman VERY Bullish
BTC/USDT Setup Confirmed – Capital Flow Points to Upside!🚀 BITCOIN (BTC/USDT) Capital Flow Blueprint: Smart Pullback + Liquidity Grab Strategy
📊 Setup Overview
Asset: BTC/USDT | Strategy: Swing Trade | Bias: Bullish with Pullback Confirmation
🎯 Trading Plan Thesis
Bullish structure confirmed with Volume-Weighted Moving Average (VWMA) Pullback + Liquidity Zone Grab. Bitcoin continues to accumulate at demand zones while respecting higher timeframe resistance. This layered entry strategy captures value during temporary pullbacks before the next impulse.
Current Market Context: BTC trading near $109,768 (as of November 1, 2025)
📍 Entry Strategy: Multi-Tier Limit Orders (Layering Method)
Think of this as smart accumulation zones rather than one aggressive entry:
Layer 1: $106,000-107,000 (Deep pullback target)
Layer 2: $107,500-108,000 (Mid-level support)
Layer 3: $108,500-109,000 (Current support zone)
Ratio: Scale position size across layers (30%-40%-30% allocation suggested). This approach reduces timing risk and averages your entry price during volatility.
🛑 Stop Loss: Risk Management First
SL Level: $105,000
Rationale: Sits below the 4-hour swing low, providing buffer for wick rejection while maintaining favorable risk-reward ratio
⚠️ Risk Disclaimer: Stop loss placement is YOUR decision based on your account size and risk tolerance. Never risk more than 2% of your trading capital per trade.
📈 Take Profit: Multi-Exit Strategy
Target: $119,000
Confirmation: ATR (Average True Range) acting as resistance + Overbought RSI confluence + Previous resistance break
Exit Plan:
Partial 1 (50%): $115,000 (Take some profits early)
Partial 2 (30%): $117,000 (Lock in most gains)
Final (20%): $119,000 (Let runners chase the moon 🌙)
⚠️ Risk Disclaimer: Profit targets are based on technical analysis. Market conditions change. Take profits at levels that suit YOUR strategy and risk profile.
🔗 Correlated Pairs to Monitor (Market Ecosystem Check)
Direct Correlation Pairs:
ETH/USD ($3,865): Major altcoin bellwether. Watch 1-4 hour RSI divergence
BNB/USD (~615): Binance ecosystem health indicator
SOL/USD (~245): Alt season strength confirmation
Inverse Watch:
USDT Dominance: If BTC dominance drops >59%, profit-taking likely incoming
VIX Index: Higher volatility = more chop (avoid during spikes)
💡 Key Technical Points
✅ Volume Profile: Sellers exhausted at $105K-106K zone
✅ Order Flow: Institutional absorption at weekly support
✅ Micro Resistance: $112,000-113,500 (breakout confirmation needed)
✅ Macroeconomic: Fed sentiment + Bitcoin ETF flows = liquidity tailwind
⚡ Pro Tips for Better Execution
Timeframe: Confirm entry on 4-hour chart before scaling on 1-hour bounces
Volume Filter: Only take Layer 1/2 if volume > 20-day average
News Calendar: Avoid entries 2 hours before major economic data
Trail Stop: Move stop to breakeven once price hits Layer 3 + $1,000
🎁 Community Love
✨ "If you find value in my analysis, a 👍 and 🚀 boost is much appreciated — it helps me share more setups with the community!"
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Bitcoin Daily Update - DO NOT PANIC - RED October not always Bad
This Bitcoin Daily chart should offer you hope if you are feeling a little worried about where Bitcoin is going.
See the Support offered where the Wicks touch that rising line of support.
Also note how that Horizontal dashed line offers Support.
WE ARE STILL IN RANGE
The Blue line ( Arc) is where we need to cross today to make a GREEN October.
It may not happen. But we had a Red october in 2012 in the middle of a bull Run, so I am not panicing, even if I remain cautious till we cross that line.
That 6 Fib line is a Major hurdle to cross
But the Daily MACD is Good.
Currently, the Red signal line has offered support to the Yellow MACD and while that lasts, I remain bullish.
This weekend is going to be VERY interesting.
#BTCUSDT(BITCOIN): Swing Buy, Price Heading Towards Previous HH!Bitcoin is nearing a previous high of 126K. As of the latest data, it trades around 112K, with a 24-hour volume of $38 billion and a market capitalisation of $2.1 trillion. However, before reaching that level, it’s likely to correct towards our entry zone between 108K and 110K. This level is significant because we anticipate a substantial increase in market volume. Historical data shows that similar corrections have led to a 15–20% increase in trading activity.
On-chain metrics indicate a 7% rise in active wallets over the past week, and institutional inflows totalled approximately $1.3 billion in the last seven days. The Bitcoin dominance index currently sits at 54%, suggesting continued interest despite broader market fluctuations.
This short-term view allows us to observe the price accumulating and on the verge of distribution. Based on your trading style, you can select one of three targets:
- Target 1: 118K (conservative)
- Target 2: 122K (moderate)
- Target 3: 126K (aggressive)
We wish you the best of luck and trade safely. If you find our work helpful, please like and comment on our ideas.
Team Setupsfx_
Bitcoin Daily target hit and now, we wait for support to kick in
I drew that Circle around Late August and here we are, PA just entered it.
This Means that PA is now just above a Strong Long Term line of support that we bounced off well Earlier in the Year. . This line was tested a week or so ago and we bounced. This should happen again but maybe not this month.
The 2.768 Fib extension we are currently bouncing off, bumps into that rising line of support in the First week of November, around the 4th, a Tuesday.
PA is under that Local dashed line of local support.
The Daily MACD
This is in Oversold and has tried to bounce but is currently heading back towards its red signal line. We need to wait and see if this MACD bounces off it or not...But we should remember that the Weekly MACD is still falling Bearish above Neutral.
The Daily RSI
RSI is trying to bounce off its MA, testing it as support.
We did talk about a smaller bounce higher and then a turn lower a week or so ago.
This may have played out and a Move lower for Bitcoin Could happen if this support does not hold and a visit to the 95K area may occur, though I expect it to be A Wick down IF IT HAPPENS>
It does look like October will close RED and this may scare some people.
Interesting days ahead
We need to be patient and wait.
.
Bircoin Daily update - PA just under margin for GREEN October
Bitcoin once again got rejected off that Blue Arc .
A Quick reminder about that Blue Arc - It has rejected EVERY Bitcoin ATH since the beginning.
It Is part of a Calculated Fibonacci Spiral and PA is currently getting Squeezed between that and the rising line of support that has Never been broken.
These two lines are discussed in greater detail in previous posts
A Closer View
This Blue line MUST be crossed by DECEMBER or the Spiral, as it turns down, could drag Bitcoin with it, though I so not think this will happen, But it does explain the struggle Bitcoin is having and why we have not seen the Epic surges and rises we are used to....The Spiral has rejected every attempt to cross and remain above so far.
So, back to the Daily chart
What I am finding Very interesting right now is how the Blue Arc is also the Border line between Bitcoin PA printing a Red or a Green candle this month.
Currently, with PA below, we have a RED Candle,
When PA poked above briefly yesterday, it was Just Green.
The threshold is around 114K to hold.
We have 3 days left to break over that line for Bullish sentiment to exist.
We did have a RED October in 2012 that was in a bull run. It was the ONLY occasion.
Also note the lines if support below.
The Closet reaches a Touch on that Blue Arc on Christmas day, 25 December, Perfect timing.
The Longer term line of support below that , which is currently a price range of around 98K, reaches the Blue Arc in May 2026
So, all to play for and we now wait for the FED ( Also known as the DXY SUPPORT GROUP ) to explain its decision to us later today.
This Wil effect Markets I expect.
But let the dust settle before maling a lasting decision.
One year in BITCOIN- easy graphic may show whats next
Nothing complicated here.
The Box on the left is October Last year
Hardly UpTober was it ? PA dived towards the end of September and it recovered 10% by the end of October.
It also had a Red start as can be seen if you look close
This year, we have gone a little deeper into the Red but we do seem to be climbing back out of it and, so, we may well see a Big Take off in the near future.
However, at time of writing, we are still at -7% off the high at end of September before PA dived.
So we do need to remain CAUTIOUS and the fact that we currently have a DOJI Green candle, just recovered from RED on the monthly chart adds to the need to take Care
Last year, we reached the ATH in December as is the traditional Habit in Bitcoin Cycles.
I see no reason as yet why we cannot try this again.
BEAR signals do exist but they are not as strong as the Bullish ideas
It is the Blue line on the chart below that we need to cross and remain above
Time will tell
Lets see what happens after the FED annoucement tomorrow But, again, remain cautious.
The initial response from markets may be False.
Bitcoin Daily heading towards resistance but has strength
We can see BTC PA rolling along hte top side of that circle ( which I placed 2 weeks ago and can be seen in previous posts )
PA is now heading towards that 236 Red Fib circle ( resistance ) while sitting on that dashed line of support.
PA has the ability to push through if the Bulls continue to support.
The MACD continues to rise and has now crossed its signal line. Bullish
RSI has risen above its MA and has plenty of room to continue
The Blue dash line at Top of chart is the current ATH zone and we have a tough fight to get there and pass it but I have little doubt we will.
It just may not be this month
Monthly candle is currently RED and this may scare people but we had a red october i 2012, in the middle of a bull run
I leave that there
BITCOIN Weekly chart shows strength with potential to extend
This chart is one of my oldest and most trusted charts.
Thhis main chart is Weekly and from the end weeks of the Bear in 2022. You can see wre January 2023 is marked and so we can see the rising channels that developed.
The Blue Bold line is a Long term line if support from 2013 that we may never visit again.
There are 2 lines I want to draw your attention to.
The rising bold White line that acted as strong resistance in August 2022 and was turned in to Support in early 2024.
It has been strong support ever since.
The other is the 2.618 Fib extension ( Arrow ).
This line was resistance in early 2025 and remained so until crossed in around June this year.
It has been support ever since.
PA is heading towards the intersection of these two lines in Mid November ( around 17th ). PA could react before this date but it is very possible that PA will rise to a new ATH from this point.
The 2.618 Fib was tested recently in that Sudden Drop and we can see this on the daily chart below.
See that last wick down ? For me, the fact that this Snowballing liquidation was stopped by that line, shows massive strength of support there.
We can also see that rising line of support worked well in April this year.
These are 2 very strong lines of support and PA is above both of them and heading to the intersection of the two in November.
But what supports this idea further ?
The Weekly RSI is in a zone that previous occasions have bounced from, though it could fall a little further, giving a delay in PA rising.
November 17 is just over 3 weeks away. We may see RSI rise, Dip, rise
The weekly MACD also offers some insights
The weekly MACD is dropping bearish and its projected line till it reaches support is around end of November. Later than the 17th November
The Daily MACD may show us the idea of a bounce for the short term
MACD is turning up from OVERSOLD but we need to see what happens over the next few weeks closely. The idea that a short term Bounce in the Daily MACD also supports the idea of the RSI bouncing up down up, as mentioned above.
Something that I do find very interesting is the change in MVRV this cycle.
I have never seem MVRV rising in a channel like this and what is more interesting is how the Z Score ( yellow ) has bounced off the lower trend line twice previously.
And it is heading towards that line again, with a projected Touch around 27 November.
SO, all in all, we have Bitcoin Above Strong Support, heading to a point of intersection that has the potential to push PA higher.
That push could then be supported a little after with strong support from Technicals.
This may Push Bitcoin PA in a sustained rise with next major resistance levels at 137K
We need to get above and Hold that level.
BUT, as ever, MACRO could take over and we have, next week, the FED interest rate decision.
However, NOVEMBER is the focus here.
The Federal Reserve does not have a scheduled FOMC meeting in November 2025. The next meeting after October 28-29, 2025, is scheduled for December 9-10, 2025
This could be VERY INTERESTING Q4
Stay safe
$107,551 Will be a Critical Area for BitcoinGiven that the price of Bitcoin BITSTAMP:BTCUSD is falling below the 8-EMA, 21-EMA, and 200-EMA, technical analysis employing the H4 period suggests that the cryptocurrency is in a downward trend.
The current price of Bitcoin is between $107,551 and $122,007, which is both a traditional support and a demand area. Many traders who established long positions were liquidated in the $108,261 range, according to Coinglass's liquidity data. Consequently, the $107,551–$108,261 range is regarded as a long-term area to monitor.
If the price stays steady above the $107,551–$108,261 area, with a price increase towards the $116,108 region, Bitcoin could continue its upward trajectory.
The price of Bitcoin will continue to drop, testing the $102,000 mark, if it breaks out below $107,551.
Bitcoin - It is either $50.000 or $1.000.000!🪅Bitcoin ( CRYPTO:BTCUSD ) remains undecided:
🔎Analysis summary:
For the past couple of months, Bitcoin has been consolidating. With the two recent all time highs, we could see a similar pattern to what we saw back in 2021, followed by a bear market. But so far, Bitcoin remains bullish with the underlying trend continuation.
📝Levels to watch:
$1.000.000, $50.000
SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION
BITCOIN - WEEKLY UPDATE:🚨 #Bitcoin - Weekly Update: Macro Bullish, But Caution Ahead!
Macro Trend:
Remains bullish on weekly/Monthly 📈 (see my previous outlook).
Technical View:
Bullish above $100K. Following my long-term strategy, a deeper correction is likely toward $94K–$90K, or even $88K.
A successful test here? Start of a new ATH run! 🔥
Despite a bullish recovery, market indecision & fear is huge after the recent #alts liquidations wave + massive crash. 😱
H4: Bearish 📉
Retest at $115.8K seems done (as mentioned in my previous view).
Daily:
Bearish, But Strong Supports
We're still above key levels.
Notably:🔹 $101K–$102K (previous key bull reaction zone) = 50% Fib of the major trend.
To Watch:
The upper downtrend on H1 - critical for shifts!
My Personal Opinion:
🔹 Sideways phase likely between $109K–$115.8K. Next major move could come from a breakout.
🔹 If bulls fail to defend $116K, we could see another dip to $93K–$94K.
Bull rebound ahead or more downside?
What's your opinion? 👇






















