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⚠️BREAKING:
$XRP
ETF may become a reality very soon.
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Here’s the playbook I expect to unfold next on $BTC . This is a weekly chart where we’ve broken out of an 8-month consolidation, forming a sort of bull flag. We’re now on the second green weekly candle. Typically, the third candle serves as a retest; if not, then we might see a retest on the fourth candle, possibly around 66-67k (with a potential wick down to 65k). The first long entry should be set around 69,600, with a second DCA entry around 66-67k. The first target is in the 85-88k range, with a risk-free trail toward higher levels. I may also look for short entries (small margins) if we see a weekly rejection. The full TP target is around the 69k zone. This is the current higher-timeframe playbook, and hopefully, it helps guide your trades. #Bitcoin
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Many newcomers on CT expect instant election results tomorrow, predicting $BTC will react with a quick pump or dump. However, counting takes time—especially if the race is tight, as we anticipate between Trump and Harris. While CT largely views Trump as the likely winner, broader media and sentiment outside of crypto suggest Harris may have a slight edge, though that could still shift. This is shaping up to be a very close race, with final results expected around November 7-10. Dont overtrade or trade at all; we may be heading into the most volatile week for crypto this year
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Look at the last few months—nothing has changed. The first week or 10 days, BTC dip as if it’ll never end; then, the last two weeks of the month, we pump like there’s no tomorrow. They play the same game every time, and every time, people fall for it. End of month: 77k+ confirmed.
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Being bullish doesn’t mean you need to long every dip or only look for long opportunities. As a trader, your top priority is to remove any bias from your mind and the chart. Look at the chart as if you’re asking it where it will go. Too often, traders do the opposite—they try to tell the chart what to do and end up getting rekt.
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💰 Total spot Bitcoin ETF trading volume surpasses $4.5 billion today. • BlackRock: $3,300,592,515 • Fidelity: $548,084,739 • Grayscale: $388,230,348 • ARK Invest: $136,048,673 • Bitwise: $130,402,168 • VanEck: $39,580,884 • Invesco: $17,365,883 • Franklin: $9,852,353 • WisdomTree: $6,770,258 • Valkyrie: $6,052,531 • Hashdex: $58,168 #Etf
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