Bitcoin daily.
Blue = next barrier and likely bounce area.
Green = expected bottom area to BUY.
Red = highly unlikely but would be MAJOR buying opportunities.
Despite everyone talking about $88k as the continuation level to break for bull confirmation, that level really is $92.5k ... and we ARE still in a bull market until October.
Bitcoin dropping as discussed in recent weeks. Expecting lower $70k levels and a lot of bouncing. Can't see us making real headway up until middle of May, so this week we'll be able to more accurately see a clear picture of where the exact Bitcoin bottom will be.
I'm calling the date for the Bitcoin top: October 6th 2025.
Remind me.
Ahhh, if things are so good then you'd need to raise rates, not lower them. It shows that Trump is crashing the markets and economy to force yields down. Then he'll convert debt at these cheaper rates. Then he'll severely reduce these tariffs and the markets will boom (and him and his mates would've bought in heavily first!). Profit! Danger is if his ego gets in the way with countries increasing their tariffs with the USA. He won't want to back down then so inflated prices will be forced upon the consumer and everything will be belly up next year. Fingers crossed this is all just a short term bluff by him or everyone is fucked next year.
This is a monthly Bitcoin chart going back to 2010. It's been banging out a guideline for the major support/resistance reliably for years. Nostr is my chill place, so to keep I short:
Bitcoin will continue falling for approx another 6 weeks.
I'm expecting we bottom in the low $70ks.
But there's a SLIM chance that number is $60k.
May is our bottom.
BTC will peak in October 2025 this cycle. $148k is my target.
Then it'll be eyes on September 2026 for next bottom 👀
TL;DR: We're going a bit lower. These are buying opportunities.
El Salvador ignores IMF for 6129th time, but next time there will be trouble.
I'm still waiting and expecting to see that spike down on April 2nd to low $70ks. To go out on a limb here...
IF I had to pick an exact number? $71,996
But the odds of calling that 100% accurately? 😂 Stay tuned.
And down we go with Bitcoin, and with zero satisfaction at calling it correctly. We'll do down more to low $70s then sideways into possibly as long as May. But the good news is we'll hit new ATHs in October. We just need to remain patient and keep stacking when price is low 👍🏻
Looks good, but looks can be deceiving. We've hit that next resistance.
Bitcoin HAD to rise from my last message where it couldn't even close 100 Sats lower on the Daily, and it has responded.
See the vertical line? That's 2nd April. We need to be closer to that date for the real moves. Big potential for longs to get trapped.
Daily close below $82,142 (BITSTAMP) means we're headed down.
Probably bounce at $81,300, but we should break $80,500 on leg down to $73,000 area.
And this is where we want the final drop to be as there is an outside chance spike drop into lower $60,000s
Regular markets aren't looking great. The Dow looks terrible.
Bitcoin is going to feel the squeeze (see prev chart). One more leg down, but don't go expecting BTC to start the true march north again for several weeks yet. Either trade the bounces or just keep stacking those dips. FYI: Dips do NOT start with an 8 in front of them.
Does that all sound negative? It's not. There are great buying opportunities ahead of us which will shine after July. Eyes on October high.
GN nostr
That weekly squeeze on Bitcoin 😉
Where we're at a day later. It looks so much better than it actually is. Am still not expecting the genuine moves until another month. Things are ripe for traders now, scalping these bounces until we have one more genuine leg down to blow out the leveraged longs which will accumulate now. Then we head north towards that Bitcoin peak in October. July is looking good to stack and rack.
Solid base building on the BTC Daily.
All charts showing Bitcoin is trapped. Trapped normally means false breakout and then the real move.
Remaining patient on Bitcoin. A bit of fuckery will remain but bottom line is the REAL bottom before we head to ATHs in October will be in the low $70s. Accumulate in low $70s, be patient, profit in ~6 months from now.
Bring it in. Fishing in the lower $70s
#BTC
Gann lines never lie.
We can and should bounce higher from here but we are going to see lower prices from where we currently stand before the next big leg up.
#Bitcoin will NOT peak this year until much later in the year, nearer the beginning of the 3rd quarter, hitting around the $144k level.
So keep buying those dips whilst you have the chance as next year is going to be a clusterfuck.
Crazy return from Michael Saylor at #Strategy since they jumped into #BTC
Let's hope nothing crazy happens which jeopardizes his work.
Two thoughts:
1. If some act of God brought his palace down, #Bitcoin chaos would descend upon us all.
2. If Bitcoin is about decentralization, how do we feel about institutions, like Strategy and certain mining companies, working more towards a monopoly situation like we already have in the world akin to Amazon etc etc?
I gave away ALL of my 60 sats 😂
#SpreadingTheWealth
