This channel seems very important for long or short positions if leveraged many times, and it is a good ascending channel to follow besides line L2, which is around 57k dollars, and if at any point we touch those cyclical supports again, there is a very strong bullish reaction.

In the channel, we see a wave 5; when dealing with Elliott waves that tend to be very precise due to their ratios and their accuracy, we are in wave 1 of 5 of 5, and although it may sound complex, we have very good movements for cycle longs, as we are missing almost all the movement, and it will be a movement of months; and when we reach high levels it will be better to switch to more neutral strategies possibly passing levels of 120k - 150k and at the end of the third quarter of 2025 reconsider and change to more bearish movements, although good news keeps coming out.
So we have very good entries for the long term in coins like $BTC $ETH $PEPE ; remember that scraping down to the last dollar in a coin may lead us to lose the lows and the highs.

We are less than 48 hours away from one of the events that could completely and permanently change the course of the economy. In the short term, the presidential elections in the United States are not being celebrated at all, although they could be good buying points or the best for the remainder of the year. Since in the previous 3 bull runs they coincided with the elections, and roughly 20 days later we started a parabolic movement that lasts about 12 weeks without any significant retracement.

On November 6, 2012, it was the first election in which the asset $BTC already existed, and with a victory for the Democratic Party and Barack Obama, it rose by 11,000%.

On November 5, 2016, the Republican Party won and Donald Trump was elected, which had a movement of 2,660% until reaching highs.

And in the last elections, which were in 2020, Joe Biden won with the Democrats and it rose by 390%.

So this Tuesday is going to be important as a lot of uncertainty in many economic issues will be cleared, such as taxes, inflationary measures, treaties with countries or economic and military allies.
And with this, a lot of money will flow into the markets in the coming weeks.
So we will likely have a movement of up to 100% (like the highs of this cycle) in $BTC in the near future and a drop in dominance where the first beneficiary will be $ETH with an even larger rise.

This Tuesday, November 5th, we have the United States elections, and historically it has always been a good buying point before a big rise in $BTC
Since in previous occasions after election day we never see the price of #bitcoin touch the prices of that day again, of course, at these points it is possible that we return to the 40-45 by 2026, but that is a topic for another analysis.
My point is that we are at a good buying point for the next few months, and that starting from the coming weeks we will not approach prices below 70k dollars per bitcoin again.

We are starting the month of November after October with a very eventful end of the month, as we were less than 1% away from reaching a new all-time high.
After more than a 10% increase in October, we will see if this month is a moonvember.
As an even more bullish piece of data, we have 2 timeframes that support us: first, that after a bullish September, we have a stable and rising last quarter of the year, and another potentially bullish timeframe is that in election years we have a bullish end of the month; in 2016, 2020, and this 2024 we have elections 🗳️ in the United States, which are contested this coming Tuesday, November 5, and a few days later the Fed will speak about interest rates, so next week could be very volatile, but I am very sure that in the last two weeks of November we will break all-time highs and initiate a decline in the dominance of $BTC
For an altseason

Trump's words: $BTC it's money but;
Do you have to pay taxes to buy a coffee?
Talking to a friend, he told me $BTC there shouldn't be taxes, and I agreed!.

But being really objective, it could be that Trump is strongly supporting this narrative, but truly in power and with the votes, the reality is different, since all monetary systems are meant to collect taxes.
But the positive thing about having someone with crypto in power is that instead of paying taxes like on stocks or more, if they are paid in p2p between businesses and individuals, they should only charge a normal tax, just to the business owners.

What are your opinions?

In technical analysis, we enter a bullish stage upon reaching 73,400, and it is possible that we won't revisit 60k for over a year.
Now we need to look at the fundamentals and the economic week that still lies ahead, especially Monday and Tuesday of next week due to the presidential campaigns. So let's review the economic agenda and the times to be attentive in the market if you want to make trades.

Tomorrow at 8:15 am NYC we have the employment report and GDP data from the United States. Two very important reports for the FED rates.
We also have reports from Lilly and Caterpillar in the pre-market and from Microsoft and Meta in the post.

Thursday will be the most important day of the week regarding fundamentals, as we will have the inflation numbers at 8:30 NYC.
Also, reports from Mastercard in the pre and from Amazon and Apple in the post.

On Friday, the unemployment figures (which will dictate everything over the weekend) are expected to be the most anticipated.
And reports from Fubo and Exxon.

Thus, these could be important hours as a lot of money moves in the markets and we see a bit of the day's trend.

But if you're looking at the long term, these are good days to accumulate coins like $SOL $ETH $PEPE before Tuesday, the 5th of the elections, as whoever wins will remove a lot of uncertainty from the markets (although everything points to Trump leading in various polls by a margin of 2% to 20%)

We are touching the historic highs of this year and we are just 2% away, and we are also very close to a confirmation of a bullish rally; the first thing we need to clarify is that this will be the last rally of cryptos or at least of the entire ecosystem in general, and it is possible that it will not last many months; since we will see in this rally the highs of the cycle, but we will also start a downward trend from the third quarter of '25 until early '27. It is also important that as soon as we break historic highs, which today we are less than $500 away from, much more money will come in and we will also start to achieve a much greater risk tolerance, and this will cause liquidity to begin to nibble at $ETH and many more altcoins, such as $SOL or $PEPE ; and it is just at these moments when many of you will be considering selling your altcoins because you are frustrated that they are not moving and thinking of buying #bitcoin since btc at the current moment is reaching a dominance of 61% and this could happen during the next 2 weeks, in which it is very likely that an altseason will begin, and in crypto everything happens very slowly, until suddenly in a few days or weeks everything has happened.

At this moment to all of us who have been accumulating for months remember:

The drop on August 5, which only because the Japanese felt like making a joke we had a drop to 49k

These 8 months in a range

To all who said it was a distribution range.

Of course, we must have a different perspective in short-term trades or timeframes under one day; but in the medium to long term it is clear that we broke a downward trendline and we are going to see significant rises in these months.

We are already in the last days of October, and we have $BTC stable and approaching historical highs, while 95% of the altcoins are stagnant, since #bitcoin is breaking 4-year highs in its dominance, and the only coin that is seeing a considerable rise apart from btc is $SOL and most of its ecosystem, in fact we had a milestone in transaction fees of #sol and also established an all-time high in the sol pair $ETH .
And this is very bullish since in addition to sol and the tokens of its ecosystem, those of us who support this project also know that it is usually the first to take off and in the coming weeks the rest of the crypto market will follow. So we should think a little about ETH and how it can behave throughout the month of November, since with BTC attacking highs and a week away from the US elections, where we will see an economic waste that ends up in the markets; so we may still see small falls throughout this week in altcoins, but they are really already marginal compared to the returns that they will give us throughout these months.

Analyzing the Hashrate rate this last week we had a new peak that took us to all-time highs, which is interesting since after the halving many miners stop mining as they may not be profitable; Something interesting and smart from the people at Blackrock and Vanguard is that each one invested in 3-4 of the largest mining companies of $BTC ; Something very important about this is that we break that accumulation dynamic and start with a bullish check which is very positive and shows us that those who mine #bitcoins are starting to accumulate, and that we have not broken all-time highs, but they have already stopped selling, which is very good for the following weeks.

A new all-time high at $BTC seems evident in not many days; although we also have a safe haven asset like Gold at all-time highs.
In August when we were at 65k, I told you that we would see a reversal towards 50~53 since I was sure that we would not touch 49 again; and since then I have said that many people would stay out of the market since they would always be looking for lower entries. So we should always think about which scenario causes the most pain, since many sold below 55k for fear of falling further, and the most painful scenario is to continue gaining height without making much noise, I personally think from technical analysis that we are going to head towards 60k for the rest of the week and that is possibly the last opportunity to get hooked on a bull run, although I would still recommend not moving to an asset like #btc but to altcoins like $ETH
To have a better performance, and although in these months I have failed only in one of my 5 scenarios, seasonally it is no longer time for a pullback, but technically it is the most possible, since we must keep in mind that we are almost at 200 days of the halving, which is when we see and break historical highs and we are also less than 15 days away from the United States elections, which is one of the most bullish events for all markets.

Great news.
Whales and ETFs are buying #bitcoins in massive quantities!!
And this year is clearly going to be the most important in terms of institutional adoption, and changing what many banks, investment funds or public figures thought and the perspective they had of this asset and the entire crypto market.
The most important of these would be Blackrock, which in just a few months has already become one of the main holders and has greatly changed the position of its CEO and changed its stance on cryptocurrencies.
Something that can be very important for when we are in the bull run and also to see the purchases of all the whales and institutions.
So during the day I will upload how institutions are supporting crypto assets and also a complete report from Blackrock

Informed.
1300 days without your altcoins moving, and that btc is very close to breaking historical highs.
And we have $BTC with a dominance of 59% and not even $ETH is saved from having a bad behavior buying it with btc, but it has been more than 3.5 years since we had such a bad behavior in the #altcoins .
And this is positive to a certain extent because it may be that we are still a couple of weeks in which btc consolidates at historical highs and capital begins to move to other currencies, and you must enter those that have not yet started their first bullish movement, because although we see coins like Tao Sui Sei while others like Ada Hbar Pepe. It's not that these coins are new capital that is coming in, but rather that they are institutional ones that are moving within the market.
So don't worry if you think you're not in the right projects since it would be very different if it was just one of the entire top 100 altcoins and it didn't go up.
But I can assure you that when BTC starts to consolidate a few days above ath, the real bull run will begin .$PEPE

These last 8 months $BTC has moved 13% of its entire supply, about 2 million #bitcoins in the range of 54 and 70 dollars, and this is a great price consolidation to take into account since I affirm with a 90% probability that a bull market is coming from the beginning of October until March. But what interests many is why altcoins remain in rock bottom zones, the answer lies in people's fear, and I'm not talking about the fearandgreadindex, I'm talking about an uncertainty that makes many large capitals wait to make decisions in markets such as the #alts or the Russell 2000, the uncertainty is caused by the elections since we are less than 20 days away from knowing who is going to win and although in polymarket we already see who is ahead which is #Trump , it is also important that when they win, the money is released to the monetary system. Another point to take into account for an altseason to begin for weeks is optimism and for btc to start losing some dominance, and we need news that gives optimism to the markets, and the only thing we have had since February is news of recession, soft landing, interest rates, wars, crypto unlocks.
So once it is known who will be the president of the United States, we will see a much stronger economy and more optimism in the markets which will generate a ceiling in dominance of $BTC
And money will begin to flow to the rest of the alts, although first to those with the largest capitalization such as $ETH
So if these next 10 months are going to be dominated by risk assets with the biggest increases, I hope and those who are reading know how to take advantage of it and that they have a good memory of how this helped their lives.

Follow me for the graphs I'm going to upload today supporting this point of view.

This is the most important news in crypto for the day of Oct. 15.

•The most important thing to take into account is that the presidential candidate Kamala H, will give a regulatory framework on cryptocurrencies and digital assets in her speech. But also the contender Donald T, already has more than 14% advantage in pre-polls.

• $XRP Ripple has announced the first partners in exchanges and platforms for the upcoming launch of a stablecoin that will be called RLUSD

•. We saw an attack towards the upper zone where for 8 months we have seen decreasing highs at #BTC

•the entry into the ETFs of $BTC
Were 556 MDD

And at $ETH
The inflows into ETFs were 17 MDD.

So we did not see very negative news and the most bullish scenario would be to consolidate here at these prices for the rest of the week. But most likely we will have a final pullback and we will start with a parabolic movement and attack on highs in the last week of October.

Cryptocurrencies are on the rise, we will have new falls from these points or do you think we are going to start a market with the US elections, which every 4 years is one of the most stable and rising; and also with the Christmas rally.
And we are at a very important point in this cycle, since these 3 weeks tend to be very positive and we are possibly leaving low zones and since March 23 we have been in an important rise, of course with its corrections in time, also in all the markets of the stock market we have been with an upward trend in which each 5% setback and entering the market has been a huge opportunity.
Only in $BTC
We had a rise of 240% from March to February of this year in which we reached annual highs in most altcoins. But since we have been in a large lateral movement for these 8 months, we found cycle bottoms so it is likely that we will see a significant movement in #btc and the altcoins of up to 80% of what we will see in March, and then return to being lateral for a few months and at the end of the third quarter of 2025 we will see highs before starting a bear market.

The 4-year cycles in $BTC are governed and end at each halving. The cycle highs are seen after 550 days and the lows at 800 days.
The concept is very easy and manipulable, since mining production of #btc is reduced by half and if the demand remains the price will find its new target value, but that is when all the manipulation comes in and instead of stabilizing they throw the market.
But this time the demand was not maintained, but if we have seen the pure ETFs the demand is much higher, but we have not seen the price increase considerably.
Today we are on day 178 after the halving, but if we have seen in the two previous cycles, these first 180 days are of lethargy and we are going to find a relative maximum at 250 days and then a lateralization to 400 to see a final bullish pull and touch the maximums of these 1400-day movements.

What I want you to see is that we are about to start an upward movement that brings with it a #altseason .
And it is going to change the lives of those of us who have been here accumulating these last 8 months. And you will think that we are a lot, but the truth is that we are so focused that the truth is that we are truly few and the institutional ones.

But as soon as bitcoin breaks highs and we get close to 100k, even in the bakery they will be talking about cryptos, your cousin, his mothers-in-law, everyone will ask him about how to buy cryptos. And that is when we know that we are in distribution.

These past few weeks we have had so much news and stimulus from the Chinese economy that not only has it risen by more than 50% in a single month in its market, but it has also given a boost to the entire stock market and consequently to all cryptocurrencies in particular to maintain important levels at $BTC
.
We had government support for discretionary spending on housing and also for companies.
And today the Chinese government said it plans to issue up to 6 trillion yuan to finance an economic stimulus, and being the most important economy in the world it affects all markets.

Tomorrow Ionian the second half of this month of October, and although we have had a somewhat flat month, we have had an indicator that shows us an upward trend.
Many in the sector know or have heard of a man called Michael Saylor and we know that in a maximalist total of $BTC
Because he sees it as the monetary future, but he directs everything through his company #MicroStrategy , and being a fully leveraged private company and based on #btc it is clear that it is much less manipulable than this asset with so much money in futures.
Because that is what is happening with the price of btc, we have so much bearish pressure on the futures even though the spot market does not stop buying, and the more it is compressed the stronger the shortsquiz will be when we reach those areas and on previous occasions these movements have already occurred, where microstrategy since after 190 days of lateralizing in both assets, last Friday which is the last day that MS is listed on the stock exchange rose 15% in a single day.
And as they have always been related, it may be that in the coming weeks we can see an explosive movement in $BTC

In October of last year I remember that the crypto sector started to make a lot of fuss about the etfs of $BTC
And in November I did an X4 with the $2,000 dollars that had been invested, I really regretted not having more money in the crypto sector.
But what I mean by this is that so much happened in just one year, a year ago Larry F (CEO of Blackrock) was on all the news saying how good and all the advantages of btc and in a few months it went from 24k to 74k dollars, and with this I don't mean that I expect a super bullish movement that triples the price and takes us to 200k; But I do hope that at least this cycle of lethargy ends, since in past years after the halving on these dates, as you can see in the graph, we were already in all cases at prices much higher than those of the day of the halving, and not 2-4% as now, but 20-30% higher.
But another important point is that it was so on the rise and in that bullish stretch because they had not yet broken their historical highs from previous cycles. So it can be said that we have already been more stable, so I hope to be one more week at these prices so that we have an end of the month towards historical highs and then a reaccumulation in November and from there an altseason begins.

So if you think that this time will be the first time that we will not have a bull run, you should first consider that we had the best pre-halving performance in the history of bitcoin, and that we are about to start a bullish movement, although this time it will not be so parabolic for btc, but it will be for altcoins with institutional support such as $ETH
Or $SOL