BTC K72$ soon
So this is the plan:
1. October ending: Bitcoin Bullish
2. November Middle: Altseason
3. December Middle: Bitcoin Blow Up Top
4. December Third Week: Final Altseason and Blow Up Tops for Altcoins
5. 2022: Bear Market for the whole year.
Bitcoin will peak by the second week of December
Only few coins will scale to January and February
No more bullrun next year
Don’t be lied to that this time around institutions have enter the market
It’s all manipulations
By next year all coins will lose about 80% value.
The market always repeats itself

Halving 2012
Bull run 2013
Bear market 2014

Halving 2016
Bull run 2017
Bear market 2018

Halving 2020
Bull run 2021
Bear market might happen in 2022
It will definitely happen no escape
Everything will lose 80% or more
Including Bitcoin
We can do us a favor and exit by December.
Live to fight another day
We will all buy coins cheap next year
Well let me give you a small hint
It’s the Alogorithm
Plus something called Shimita Year
That’s all I can say here
All the Bullrun, halving and Bear Market is Programmed by an Algorithm.
All the news whether good or bad is to make the market appear real.

It’s never late to buy Bitcoin

Bitcoin Oversold at Support; Resistance at $47K
Bitcoin is the most oversold in two months as buyers defend $40K support.

Bitcoin (BTC) is holding support above $40,000, which could stabilize the pullback and encourage short-term buyers to return. However, upside appears to be limited given strong resistance around $47,000-$50,000.

The cryptocurrency was trading around $42,000 at press time and is down 2% over the past 24 hours.

—> The relative strength index (RSI) is the most oversold since July 20, which preceded a near 60% short-squeeze rally from the $30,000 support level.
—> On the weekly chart, however, the RSI is neutral, suggesting price could consolidate for a few more days.
—> For now, BTC found support at the 100-day moving average, currently around $40,000. If broken, lower support is seen around $37,500, which is the middle of a four-month price range.

Bitcoin tested the $47,300 resistance area and now trading above $47,000. The daily candle also closed above $47,000 which is good a sign. Bitcoin golden cross has happened and 50 MA is now above the 200 MA. Bitcoin need to break and hold above $47,300 to go towards the $49,000-$50,000 resistance area.

Let's analyze BTC in 2 hours chart after the weekly close.

So, the weekly closed in red at $46k opening the new candle which was red as well.
Should we be worried now?
Well, in the 2 hours chart, BTC is still under the channel and until and unless it is under this channel, we still have good hopes.
The channel support is at $44k. A bounce will lead the price back to $46500 and a break down will lead the price to $42800.

Let's wait for the confirmation and do not take any trades on leverage. If you are already in a trade then use stop loss to avoid liquidation or heavy losses.

*Bitcoin Dominance Analysis:*

Bitcoin Dominance is now at the support of 40% area. There is also a downtrend line which is working as a resistance on daily time frame.

Now there are two possible cases:

The first case is Bitcoin dominance break 40% support level and go down. In this case we will see good rally in altcoins.

The second case is Bitcoin dominance bounce from 40% support and form a double bottom pattern. Dominance will then head towards 50% resistance area. In this case we will see sideways movement or downward movement in altcoins.

Use stop loss in all your altcoin position and keep an eye on dominance.

*BTCUSDT update*

〽️Bitcoin is trying to withstand the support of 46.1k, but in the event that it is not possible, it can descend towards 45k, and then areas between 41k and 43k Resistance area from 46.9k to 47.3k

〽️There is no strong momentum in the market even though the US dollar index is declining and the news is positive, we can do nothing but watch.