Don_Kisot

#Bitcoin
#Trump

Although the final results will be announced in 2/3 days, the crypto market seems to have already declared Trump's victory.

#BTC
#Altcoin

The old man whose mouth is burned by milk

He eats yogurt by blowing. While the majority wants to buy cheap and sell expensive, they prefer to buy expensive and sell more expensive. He is waiting for the formation of the price-short-medium term sequence. Currently, the rate of coins with a structure similar to Bitcoin remains at 7%.

#BTC
#Bitcoin
🔹It has been moving above 7MA for 3 days since October 12. This line acts as support in pullbacks.

🔹Although prices have been falling for 3 days, downward needles indicate purchases.

🔹If history repeats itself, it is expected to bottom in the 68,300/67,900 range in the next 12 hours.

Do premiums guarantee an uptrend?
#PEOPLE
🔹While Bitcoin is rising steadily and consistently, 95% of Altcoins cannot avoid falling.

🔹The price of the coin, which is on the rising chart with a 17% premium, is above the short term but below the medium term. The HO sequence has not yet occurred.

#btc
#Bitcoin
🔹After 7 months since its peak of 73 thousand in March, Bitcoin has seen over 73 thousand today.

🔹The rising bottoms and tops in September and October were the buttresses of this rise.

🔹The market seems to have the wind at its back until the US Presidential election on November 5th.

#btc
#Bitcoin
🔹Instead of worrying about what will happen, let's look at what happened.

🔹Bitcoin, which increased until the halving and saw 73,700 in March, declined for 6 months and saw 49 thousand in August.

🔹It started to rise with the FED's interest rate cut. September and October peaks were above the previous month.

#BTC
#Bitcoin
🔹We are currently in the 6h 3rd candle of the reaction rise.

🔹In the previous reaction, a sharp drop of $1,250 was seen at the opening of the US stock exchanges.

🔹After this sudden movement to buy goods from below, heavy purchases were made.

🔹It would be beneficial for those who are thinking of opening a position from here to consider this risk.

#btc
#bitcoin
The heart wants to put a resistance line instead of support. However, prices are slipping down and the duck's beak seems to be closing. How can a duck catch fish when its beak closes?😊

#btc
#bitcoin
It would have been better if the 62,800 level, which appears as support, had not been passed down. However, the negativity in the American stock market was also reflected in Bitcoin. Let's hope that this decline is a temporary lull.

#btc
#bitcoin
Bitcoin spent the weekend with sports activities. He cycled down from Aladağ/Toros Mountains on Saturday and participated in a balloon tour in Fairy Chimneys/Cappadocia on Sunday.

#btc
#bitcoin
The last candle is green but the picture says that Bitcoin is falling under the influence of gravity.

#btc
#bitcoin
🔹Today, the theory of 1 green candle coming after 3 reds is working. Prices have been going up for 12 candles on hourly basis.
🔹However, short-term moving averages that previously served as support are now appearing as resistance.
🔹This rise can be described as a reaction to the decline and it can be said that its ultimate target is the 6-hour short-term averages.

We told the ambulance driver about our friends who sacrificed their lunch and did sports, they made fun of us by saying that he will pick you up from the road when you fall down. The doctor consoled us by saying that their pulse is 90 and yours is 60, this distance is considered long for them, you will see that they will all pick up horseshoes afterwards. The doctor was right at the end of the run.😊

American stock markets are going up every day. Bitcoin is also keeping up with them. Today, the 65,000 peak of August 25th was also passed. Everyone is collaborating to prove the old man a liar.😊 Let's see what the end of this will be.

When there was a mismatch between technique and price, I always thought that I was the beloved servant of the Creator. As a result, either a new opportunity door opened before us; or an opportunity arose to save the trapped tail. Those who understand should explain it to those who do not.😊

#btc
#bitcoin
#doji
#supportline
#highlow
🔹3 days ago we mentioned that doji reversal candles are seen at the end of the trend, and when a green candle formed in the upward direction the next day, we doubted its reliability. At this point today, we need to give the doji candles their due and accept that they are a good guide.
🔹Yesterday there was an additional development and the price fell below the support line. The boxer may fall to the ground with the punch he received, but he gets back up and continues the match. However, this event is recorded as a loss of power and points. It is thought that the possibility of winning the match decreases.
🔹Today there was an additional development and the price made a new bottom below yesterday's bottom. Don't object right away that today's candle is green. Because after this event, the line that was support yesterday became resistance today. The occurrence of new bottoms is a more advanced stage than the break of doji and support lines. 🔹The old man thinks that the pullback process in Bitcoin will take 1 week if the prices fall sharply, and 2 weeks if they are released slowly. He also believes that the new bottom will be formed at least 10 thousand dollars below the last peak. 🔹Last word: The devil is in the details. 😊

#btc
#bitcoin
#candle
#doji
🔹The rise that started from 52,500 saw a peak of 64,700 today. The daily bottom-top difference increased to $ 2,200 and a long-legged doji was formed.

🔹Although it needs to be confirmed with the next candle, doji candles are interpreted as a trend change warning.

🔹Looking at today's candle, it can also be said that rising prices have paused and buyer dominance has come to an end.

🔹Still, tomorrow's candle needs to be seen to determine the winner of the fight.

#btc
#bitcoin
🔹A note added to the previous post warned that the price was rising but the volume was falling. On the contrary, the US stock markets also opened negatively.

🔹According to the chart, we have entered a difficult period where 62,600 is support and 63,300 is resistance. We don't want it, but if bots step in and there is a sale, the risk of 61,800 comes to the fore.

(*) When the time zone changes, a different picture emerges. Each of the 1-hour, 1-day, 1-week pictures is different from the other. The contrast between people or 2 different comments of the same person stems from this. For this reason, the previous footnote has been revised.

#btc
#bitcoin
#fed
🔹First they said it would be great if the FED lowered the interest rate in September. Then they got the media involved and said, "Oh, don't make a 0.50 cut; there will be a recession, the balance of the economy will be disrupted" and confused the people. In the end, after a 4-year and 6-month break, the FED lowered the interest rate by 0.50 yesterday. Now all capital markets hope that the money that escapes from interest will stay on their side and update their security prices accordingly.

🔹After the interest rate cut, Bitcoin headed up and last saw 62,700. In fact, August's 65 thousand peak was lower than July's 70 thousand peak. It is a bit difficult to pass the August peak in a period when the peaks are constantly falling. But the market maker can take advantage of this excitement environment and push the Bitcoin price to the 65/70 thousand range. At the point where everyone says they have embarked on a 100 thousand journey, they can put the burden on the backs of buyers and throw the little ones off the cliff.
🔹There is no problem for this week. However, we should not expect the premiums that have occurred in the last 2 weeks from next week. At best, they will create the image that we are increasing by gradually increasing the price, but in the meantime they will exit the goods.
🔹Our brain is programmed to buy/hold/sell. Since we are constantly carrying goods, price fluctuations in the market do not benefit us. This difficulty can only be overcome by switching to cash at the right time and waiting. It is necessary to ask the right questions at the right time. Maybe it is time to ask the question of where we came from instead of where we will enter now.
🔹The one who is full leaves the table in time. The last one usually clears the table. 😊

#Btc
#Bitcoin
🔹The uncles first entered an upsell and pulled the rise ahead. Then they applied the method of not sparing a chicken where a goose will come and put selling pressure. In the last stage, they broke the hopes of the technicians, not the support, by creating a bear trap.

🔹In the second act of the game, we watched what demand supported by purchasing power could do. The volume, which was 106 million in the previous time period, tripled to 321 million dollars at 17:00.

🔹The playmaker directs the market as he wants with the power of the goods and money in his hand. The adults set the rules, the children have to follow these rules. Still, people feel sorry for those who cannot cope with the stress and sell their goods in panic.

🔹Probably after this sudden and sharp increase, prices are left to cool down. I believe that if the little ones, who have no capital other than their patience, grit their teeth for another 2/3 days, they will reap the rewards of their patience.

🔹May it be for the best.

(*) Don't forget to take a look at previous messages on the subject while you're here.