Beyoglu_Analyst

#Bitcoin is currently forming a rising wedge chart pattern — a formation typically considered bearish in technical analysis.Interestingly, BTC is surging strongly after retesting the lower support trendline of the wedge. While this momentum suggests a potential breakout to the upside, it's important to note that such breakouts from a rising wedge are rare, as the pattern generally signals a reversal or breakdown.That said, I firmly believe Bitcoin has the strength to reach around $114,000 in the near term. Once that level is tested, I’ll reassess the chart for its next major move.

#Bitcoin made a strong pullback from the key support level of 89k$-90k$, BTC is now making a down trend the area marked with the cross sign we might not see bitcoin trading in this region for short term, but 100k$-102k$ is still expected. and may be this could be the last retest for 100k$. Bitcoin will soon hit 85k$-86k$. Low cap Alts coin will perfrom.My trade has been active. and whoever has followed my plan with me must be in profit right now, I see many people making excuse over decision on short. You can guys can move your stop loss 100500$ or close the trade. I'm Holding mine until my trade hit all tps.

Bitcoin is forming symmetric triangle on 1hr time frame, we all know now the top has been completed and my previous prediction about the new all time high hit perfectly.for the trade plan i will the bitcoin short from 89800$-90000$ and the first target will be 88500$ and the last target will be 86000$.This all will come valid if we see a rejection again from the resistance of the triangle and im also expecting the breakdown of the triangle soon that will take the bitcoin 83000$-85000$ in the next week.

Important #Bitcoin update.is continuously surging after the results announcement of USA elections. Well our concern right now is what will be possible top for bitcoin.The Image attach below is quite complex, But you can see Bitcoin has consolidate in two trend for a long time period after the previous all time high.According to the trend with while parallel line that is descending broadening wedge pattern the new high as per the breakout of this pattern could be 91000$-92000$. According to the sideways trend of red and blue line the new all time high could be 94000-95000$. All of this are just my observation and it could be wrong im just telling what im watching or planning... if you think my observation and plan are correct kindly support me with a comment, like and share

BTC forming descending triangle thats a bearish formation, breakdown of this triangle could lead the price of bitcoin at least till 64000$ - 65000$, this down trend and this triangle clearly indicating the price are falling and will go more down. the green price box is indicating higher buying zone from where we can see a pull back to 68000$ again.US elections matter alot and it will bring huge impact on crypto market, I jjust provide my review about the current direction of bitcoin...My trades plans are still on short, Im ignoring alts coins and just trading in btc thats giving huge profit with less risk, I might re enter in bitcoin short from 68200$

BTC finally breakout the diagonal Trend line and its now almost near the All Time High trading at 72600$.Now Every is aiming towards 73000$ price if it could break it out or not, we could see a higher selling pressure near ath..But if it breakout this selling zone the target will 78000$ and then 83000.Everyone asking Why alts coins are not performing even though some of them are dumping while bitcoin is making super surges..We could see a good relay in alt coin if bitcoin holds above 73000$ then we could see a handsome money flowing into the alts coin that could be a small alt season...I don't have any position open right now, i might try a scalp short trade near all time high, but if you're planning to do the same so keep in mind to marrk stoploss otherwise you would liquidate your account.

AAVE made a fake hitting 180$ and fall back again to its sideways trend, #AAVE got rejected from the resistance of the trend from 170$ and made a wick at 130$, I'll open short trade from 146$-148$ with the stoploss at 152$.i'll share the targets after the trade open. it could fall to 120$.

EGLD has breakdown down the support and i'm already on short in Egld, if somebody want to take risk they can enter at this point, it has got rejected from the resistance during the retest it could fall to below 20$ soon. dont forget to mark stoploss and tps.Manage your trade accordingly, i hope you'll make profit and enjoy life.

In my previous update i told you that Im opening short position annd it had been successful trade target has already achieved, I am really sorry to tose who didn't got my message to move the SL and DCA your position.Well current market trend is still in downward direction My third target for short trade is still valid, BTC will surely fall for 65k$ soon.Bitcoin hit 69500 was not a true breakout, we are considering it as fake out you see it in the image attach below.You might have seen manny influencer are saying bitcoin could fall to 60000$, Yes they are right the impact of that fake could take the bitcoin to 60k$.

RAY facing rejection from the resistance, it might fall for 2.4$ to complete the pattern, Over all sentiments are depend in #bitcoin movement, the rejection of bitcoin could make it turn into invalidity.