🐝❤️ BTC!

Bitcoin has also reached the target of $93,000! Printed +10% profit on spot, much more with leverage!

New update is coming soon

🐝 BTC UPDATE

I don’t make the rules here, this is what the chart shows me.

A number of crucial resistances were broken upwards, the way up to $110,000 is free now.

Main resistances left are: $98,000 and $105,000. Mid-term plan. I bought Bitcoin here. Remember this post.

❗️Buying some $PNG here!

First of all, I like it from the fundamental side, this is the first DEX on Avalanche ($AVAX) network. As you know, this is a very hyped theme recently as most of CEXs proved to be unreliable.

All tokens are in circulation already. Moreover, the project is already listed on Coinbase, Gate and MEXC (based). More listing on the way.

The chart looks bottomed and ready for a bounce!

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📍 $SOL UPDATE

The price has formed a double bottom near the $125 support and currently knocking on the $142 resistance.

I will buy a SPOT bag in case of the $142 level breakout. Not earlier.

Playing as safe as possible.

🦋 ETH UPDATE

Same situation as on Bitcoin. Opened LONG here with the tight stop loss below the support level of $3100.

💪 Both ETH/BTC and SOL/BTC look strong! Ethereum and Solana are ready to outperform Bitcoin.

If you want to buy some crypto now — it is better to stick to $ETH or at least $SOL, not $BTC.

Altcoins I hold: $XPL, $HYPE, $PUMP, $SOL and $ETH.

🐝 BTC UPDATE

The price broke the $91,500 support down during the US session and currently dumping towards the ascending support level.

Expecting a bounce from there. If there is a positive reaction — you can try buying there. However, if this ascending trend line will be broken downwards, we can expect a decline towards $80,000 and even lower.

I am out of my $ETH LONG, but still holding all the spot bags.

📍 TOTAL 3 UPDATE

Altcoins... they made us suffer twice during this year. At first alts market cap dumped -42% in Q1 - Q2, then it dumped -35% in Q4.

But what is important — both of these dumps were stopped by the ascending support that took its place from the end of 2023.

We can call this trend line a SUPPORT OF THE BULLISH CYCLE. As long as Total 3 stays above this line — holding our spot bags makes sense. If we break it down - say goodbye to them. For now we manage to stay above.

❗️Buying some $PUMP here!
Added some to my Pump holdings, expect one to pump soon!

The price is currently compressing the resistance of the Falling Wedge, must breakout soon.

Moreover, it is consolidating above the $0.0027 support for quite a long time - strong level. Overall, trenches are waking up, the on-chain market is heating — good for $PUMP.

📍$HYPE UPDATE

The support of $29 is the level no one want to lose, because in this case the price will dump straight to $20 (with a little stop at $25).

For now we can see a bounce from the support, I still believe in some rally on Altcoins.

Hyperliquid can reach $42 resistance in terms of this rally.

🐝 BTC UPDATE

The resistance is $92,000. The support is $90,400 (monthly opening level).

I'd buy the breakout and 1D closure above the resistance and sell the breakdown and 1D closure below the support.

As simple as this. Yet, the market is extremely shaky and manipulative recently. They are doing their maximum to trigger as much liquidations & stop losses as possible (avoid leverage for now).

My mid-term prediction: consolidation in the $85,000 - $94,000 range.

🧐 The support of $90,400 was broken down and retested from bottom to top. Doesn't look good for bulls.

🐝 BTC UPDATE

Nice pump from Bitcoin, two massive candles so far. After yesterday breakdown of the $90,400 support, the price managed to come back above it and closed a few candles above.

I didn't not take this LONG position though, comfortable just watching with my spot bags (currently have 35% of the total deposit in crypto, including $ETH, $SOL, $PUMP, $HYPE and $XPL).

Meanwhile, FOMC is scheduled for tomorrow (10.12), will take place at 7:30 PM UTC. Let's see how the price will behave. For now it is crucial to take hold above the $94,000 level.

🐝 BTC UPDATE

The price failed to take hold above the $94,000 resistance level and currently moving towards the mid line of the horizontal channel ($88,700 - $94,000).

For local plays: I'd positioning myself based on compressing. If we see the price compressing either support or resistance — it means it will be broken.

Overall: FOMC is scheduled for today (7:30 PM UTC), today is the worst day to touch leverage or to even hold leveraged positions. The big move is incoming and this week will determine its direction.

👀 Meanwhile, $PUMP broke out of the Falling Wedge and keeps consolidating above the $0.003 level.

Holding tightly, believe in this one.

$BTC PLAN

🧐 4-YEAR CYCLES ARE NOT GONE?

Many people were assuming that institutionals might have changed the classic 4-year cycle that we all get used to in crypto.

However, times proves this guess was completely wrong. At the end of the current cycle Bitcoin is breaking crucial supports one by one and entering a bear market. The same happened back in the end of 2021.

At the moment $BTC is forming an ascending channel with the top near $100,000 - $104,000, you can see a clear Right Shoulder of H&S in this move.

📉 Something similar happened in the beginning of 2022. A long and heavy dump appeared afterwards, we await one now as well. The bottom should be around previous accumulation zone (above $55,000, mainly above $60,000).

🫡 Same picture on Bitcoin from the 1W MA50 perspective

For the first time in this bull cycle $BTC price broke the weekly MA50 down and trades below for quite a long time.

However, no such breakdown happen without a retest — this is what we expect, a relief bounce up to $98,000 - $102,000.

Then dump to marked support level of $55,000 - $60,000.

🤡 Feeling like a clown for even trying to analyze/trade Bitcoin/Crypto this month

One of the worst price actions I've seen in my life...