$BTC Those who are reading the graph after today news don’t understand the basic economic indicators. After today news of interest cut, market will pump hard especially ETH. This will also give opportunity to alts to pump.
Fear and greed index show extreme Greed at all tike high of 90. In such situations, whales often Dump the market as everyone wants to be in the market. Use tight stop loss in leverage position and book your profit in spot as the ultimate looser becomes the spot investors.
$BTC will hit all time high before November 5,2024 as chances of Donlad trump winning the election is high. As result is going to announce on 5th of November however the below data reveals that Trump is leading in swing state. If Donald trump win, market will hit 80,000 on the same day.
I can see $CATI will touch 0.5250 soon then the next stop is 0.58. A more 10-15% moment is expected soon. $CATI will start sideway moment for few days at 0.58 range. Then it can move to 1 dollar in the coming days.
$BTC will repeat its history by just kissing 69,000 and then fall to 65500 , 60,000,58,500,54,000,48,000 then it will pump hard to reach all time high. This time October will not be uptober. Due to iran and israel war news traders will realized there profit which result in selling pressure.
On a monthly chart $BTC has formed cup and shoulder, before getting a new momentum i expect to test first 58,500 then 48,800 and with a wick up to 42,500. Volume is decreasing this is because everyone is realizing the profit at high high.
Keep tight stop loss in all of your trade as market is not going much reward in this and in the next month.