I would like to express my deep gratitude to the Square team for honoring me with the Best Analyst trophy. Receiving this award is a precious recognition of my efforts and dedication over the past years. Since 2018, the journey has been fraught with challenges, but each obstacle overcome has strengthened my determination and expertise. This trophy symbolizes not only a personal achievement but also the unwavering support of my colleagues and management.

I also want to acknowledge the path I have traveled, marked by moments of doubt and unexpected obstacles. These trials have been opportunities for growth and learning, allowing me to develop essential skills and forge a resilient spirit. This recognition is a source of inspiration and motivation for me to continue to surpass myself and actively contribute to the excellence of our team. I am deeply grateful to all those who have believed in me and supported me throughout this journey.

congratulations for me

US ELECTION IS ALWAYS BULLISH FOR BITCOIN, BUT WHY DOES IT DUMP?

TAKE A LOOK AT THIS.

HISTORICALLY, DAYS BEFORE THE US ELECTION, BITCOIN SLIDES DOWN.

2016: -10.2%
2020: -6.1%
2024: -6.3%

WE CAN STILL DUMP A LITTLE MORE. BUT THAT DOESN'T INVALIDATE THE BULLISH SENTIMENT FOR BITCOIN.

THE U.S. ELECTION IS ALWAYS BULLISH FOR BITCOIN.

WHY IS BITCOIN DUMPING?

1) IRAN-ISREAL WAR

YESTERDAY, IT WAS REPORTED THAT IRAN IS PLANNING TO ATTACK ISRAEL FROM THE IRAQI TERRITORY.

AS WE ALL KNOW, WAR IS BAD FOR BITCOIN AND CRYPTO 

2) TECH GIANTS EARNINGS DISAPPOINTMENT 

YESTERDAY, MICROSOFT AND META POSTED WEAKER THAN EXPECTED RESULTS 

EVEN THOUGH THEY BOTH BEAT EXPECTATIONS, THE RISING COST ON AI CAUSED THEIR STOCK DUMP, THUS TAKING DOWN THE ENTIRE MARKET WITH IT

3) RISING BOND YIELD

10-YEAR NOTE IS NOW TRADING ABOVE 4.3%, WHICH HAS HISTORICALLY SUPPRESSED DEMAND FOR EQUITIES 

4) CORE PCE RISING

CORE PCE ROSE SLIGHTLY ABOVE 2.7%, WHICH COULD PUSH THE FED TO BE A BIT MORE HAWKISH.

CONCLUSION 

IMO, ALL THESE THINGS ARE JUST THERE FOR A TEMPORARY DUMP. 

JUST LIKE UPTOBER, MOONVEMBER HAS STARTED WITH A DUMP, AND IT'LL END WITH BTC GOING ABOVE $80,000+.

#BTC Dominance

That's a historic Monthly Close for Bitcoin Dominance

The last time BTC Dominance closed like this in a macro uptrend was back in early 2019

That's over 5 years ago now

$BTC #Crypto #Bitcoin

#Bitcoin $71,000 Target Hit 🚀

As expected, $71K reached before October's end. 🫡

A monthly close above $71.3K could trigger a bullish continuation to cap off the year.

#BTC

Bitcoin continues to Daily Candle Close above the Channel Top (black)

However, a new short-term Lower High has developed (blue diagonal)

As long as BTC stays above the Channel Top (black) and/or forms Lower Lows into it...

Price will still manage to secure a bullish post-breakout Weekly Close from the overall Downtrending Channel

$BTC #Crypto #Bitcoin

🚨 BREAKING 🚨

TRUMP NOW LEADS HARRIS BY A
RECORD 32.5% IN 2024 ELECTIONS
ODDS TO WIN THE US PRESIDENCY.

CRYPTO MARKET WILL EXPLODE 🚀

#BTC

Bitcoin has performed a bullish Weekly Closed thanks to Bitcoin's ongoing stability above ~$66400 over the weekend

And for the first time, Bitcoin is retesting the old Channel Top resistance (red) as potential new support (green)

Bitcoin has been retesting the top of the area as support for a few days now but if needed, price could dip just a little bit deeper into the general green area for additional buy-side liquidity

$BTC #Crypto #Bitcoin

#BTC

Bitcoin has broken out from the multi-month Downtrending Channel (black)

The Downtrending Channel is over

$BTC #Crypto #Bitcoin

ALTSEASON 2.0 UPDATE

BTC dominance reached a 42 month
high as Bitcoin pumped to $68,000.

BTC Dominance can jump to 61% if
BTC rallies towards $80k-$90k in the
next 30 days.

What does it mean for you?

- Bitcoin can give big rally & outperform
Alts for few weeks.

- ALTs will start to outperform once
BTC breaks ATH and starts uptrend.

In last cycle, BTC broke $19,500 on
16 Dec, 2020 and BTC dominance
made all time high after 18 days on
3rd Jan 2021, and we saw 5 months
of mega alts season.

Hold your Altcoins for next 6 months
because ALTSEASON is coming 🔥

#BTC

Bitcoin is slowly dipping closer and closer to the Channel Top (black) for a crucial retest attempt

After all, Bitcoin has failed this retest every time over the past several months

BTC needs a successful retest if price is to go higher

$BTC #Crypto #Bitcoin

#BTC

Bitcoin has been Daily Closing above the Channel Top (black) within the red resistance

Daily Closes within the resistance aren't as key as successful retests of the Channel Top

However, a Daily Close above the red resistance could be pivotal

Thus, BTC may range between Channel Top (black) & the top of the red resistance until we see trend confirmation

$BTC #Crypto #Bitcoin

After careful calculations, we have decided to allocate the number of Airdrop Tokens as follows:- Telegram BOT: 500,000 TokensThe amount allocated will be based on your Leaderboard ranking.- Mini Game: 500,000 CW TokensThe number of tokens will be allocated based on the points you accumulate, the item rewards you convert, the number of participants under your referral code, your leaderboard score, and your Ref ranking.The token allocation rate is different for each account.
- Support from KOL team, ambassadors, and community administration: 300,000 CW Tokens
- Community events, participating users from 2022, 2023, 2024: 200,000 CW TokensThe number of NFTs allocated for the event will be converted into TOKEN and distributed to wallets.
Conversion Rate:NFT GEN - 1 = 5,000 CW TokensNFT LAND = 50,000 CW TokensThe total Airdrop amount allocated in the first round is 1,500,000 CW Tokens

#BTC

Next days will be crucial when it comes to deciding the next major trend

Previous Daily clusters of price action (blue circles) in and around this Downtrending Channel Top resistance (red) offer a lot of insight

For example, Daily Closes inside this resistance (red) aren't as important as successful retests of the Channel Top (black) as new support

Consistent retesting of the black Channel Top as support on the Daily timeframe is the key to enabling a bullish Weekly Close and thus confirming continued upside to ~$71000

$BTC #Crypto #Bitcoin

#BTC

The past three Bitcoin retraces have been getting shallower and shallower and shallower...

$BTC #Crypto #Bitcoin

#Altcoins

Altcoin Season Index has been forming one of the most bullish patterns for 3.5 years: Inverse Head and Shoulders.

Up only season is near IMO.

The pain we have had to go through in recent years will soon vanish into thin air.

Wish everyone the best this journey.🩵

BITCOIN ELECTION YEAR PUMP WILL
START VERY SOON IN THIS Q4.

IN 2012, BTC PUMPED 100X AFTER
THE US ELECTION

IN 2016, BTC PUMPED 28X AFTER
THE US ELECTION

IN 2020, BTC PUMPED 5.5X AFTER
THE US ELECTION

RIGHT NOW, THE US ELECTION IS
JUST 4 WEEKS AWAY WHICH MEANS
THE PARABOLIC RUN COULD START
ANYTIME 🚀

#BTC

Bitcoin has confirmed a successful picture-perfect retest of the Downtrend (light blue) as new support

$BTC #Crypto #Bitcoin

Will Bitcoin Hit 100,000 $ in Q4?

The answer lies in past halving cycles.

After each halving, BTC goes through a consolidation phase of about 6 months.

2016: 161 days of consolidation before a breakout

2020: 175 days of consolidation before a breakout

2024: BTC has been in a consolidation phase for 161 days.

This means that there is a high probability of a breakout in the next 2-3 weeks.

Here’s why it could happen:

➬ China prints $280 billion to stimulate its economy
➬ The Fed has started cutting rates
➬ The Bank of Japan (BOJ) has adopted an accommodative policy and stopped raising rates
➬ Trump is leading in polls again
➬ Bitcoin ETFs have started accumulating again
➬ Bitcoin flow to exchanges has reached a very low level, indicating less selling
➬ FTX asset distribution expected this quarter
➬ Russia plans to use crypto for cross-border payments by November
➬ Global money supply (M2) has reached $107 trillion, a new all-time high

In my opinion, the crypto market has not yet factored in all these bullish factors.
Once it does, BTC will reach a new all-time high, followed by large caps.