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🚨Bitcoin and Crypto Market Update: The next 24 hours are very important for Bitcoin and the crypto market, as the U.S. presidential election results will soon be announced. Right now, the market is uncertain, so we’re sharing fewer trades in the group. Once the election results are in, we’ll adjust our trading strategy. Until then, if we share any trades, please use smaller amounts, lower leverage, and tight stop-losses.
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BTC Analysis NOVEMBER 3rd, 2024 - BIAS: Mid-Term: BULLISH Short-Term: BULLISH -- As anticipated, the price action on the H1 timeframe for $BTC has successfully filled out the FVG gap between $68,213 and $67,902 🟢, with the region now serving as horizontal support. Currently, consolidation in a compression pattern 📉 is forming, signaling potential strength in this area. This setup increases the likelihood of a bounce back from this support level, giving potential for an upward movement 📈 if support holds steady. -- MAIN INTEREST LEVELS ⬇️SHORT⬇️ $67,902 ⬆️LONG⬆️ $68,335 PREDICTED DAILY RANGE $68,449 to $76,768 -- VIP ACTION PLAN On the H4 timeframe, the price action is consolidating at a horizontal support level after breaking down the support trendline and testing this region 🔻. This setup suggests that while a short-term bounce may occur 📈, there is still underlying liquidity below that could be targeted. If the price action retests and closes below $67,902, we could see a move to squeeze out these lower liquidity levels. This dual possibility gives a balanced view, with a potential bounce in the short term but a cautious outlook for further downside if lower supports are challenged. ---- Yours truly, Bab¥ofAfrica®
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BTC
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Mood swings 😑
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BTC VIP Analysis OCTOBER 18th, 2024 - BIAS: Mid-Term: BULLISH Short-Term: BULLISH -- As expected, the price action successfully followed the higher highs and higher lows pattern and reached the $68,000 region. This continuation of the bullish structure reinforces the momentum, with the upward trend holding strong. 📈 We can expect the price action of $BTC to take out the buy-side liquidity level marked at $70,012. 📈💰 The strong upward momentum following the breakout and retest supports this potential move toward higher liquidity, indicating further bullish continuation. 🌟 -- MAIN INTEREST LEVELS ⬇️SHORT⬇️ $66,985 ⬆️LONG⬆️ $68,114 PREDICTED DAILY RANGE $59,994 to $70,002 -- VIP ACTION PLAN The price action on the daily timeframe is holding its horizontal support level, marked between $67,579 to $66,985. 📊 If the price action sees an impulsive move from this support, we can expect a potential breakout towards the $70,000 region. 🚀 This would confirm further bullish momentum and could push the price to new highs. 🌟 ---- Yours truly, BabyWhale®
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