Why Bitcoin Is Still Bullish (The $79,700 Warning)
This post was originally published on this site
Question of the day: is Bitcoin still bullish? The 5-day silver cross is one close away, and all six prior crosses were green a year later.
Also inside: what it did 1 to 6 months out, the 10-day reconnect and stochastic, the line that breaks the bull case ($79,700), and the S&P into year-end.
🟪 OCTOBER SALE: 20% off everything in the school with code LIFETIME, ends 12:00 noon Pacific Oct 31 (Krown Pivots, the LTI Tool, the Trading Bible – $1,497)
→ https://krown-trading.teachable.com/
🟨 KALSHI: Prediction Markets – Trade $50 In Volume, Get Up To $500 In Trading Credit
→ https://kalshi.com/r/erickrown
📗 FREE: My Complete TA Ultimate Beginners Program (trends, trending higher lows, moving averages, from scratch)
→ https://krown-trading.teachable.com/p/ta101
🔵 COINBASE: $250 Deposit Bonus + 80% Trading Fee Reduction
→ https://coinbase.com/aff/krown
📈 TRADINGVIEW: the charts in this video (affiliate link)
→ https://www.tradingview.com/?aff_id=11546
⬛ Build Your Own AI Trading Agent For FREE — Full Tutorial
→ https://krown-trading.teachable.com/p/cpro
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
Educational content only. Not financial advice. No personalized recommendations. I am not a licensed financial advisor. Trading involves substantial risk of loss.
#Bitcoin #BTC #CryptoTrading #StockMarket
CHAPTERS
0:00 Question of the Day: Is Bitcoin Still Bullish?
0:36 The 5-Day Silver Cross: One Close Away
1:03 Every Prior Cross, Up and Down
2:28 Six Crosses: 6 of 6 Green a Year Later
3:08 One Month Later: 83% Green
3:44 Since 2018: +7.4% in a Month
4:15 +7.5% = $88,000 to $89,000
4:37 Two Months: Where the Corrections Start
4:55 Three and Six Months Out
5:27 The 10-Day 5 EMA Reconnect: 62% Green
5:53 +5% by Month-End: About $85,000
6:26 The 10-Day Stochastic: 79% Green a Month Later
7:37 The Stack: 83% Green in 10 Days
8:22 The Invalidation: Last Week’s Low, $79,700
9:04 Under It: The $76,000 to $77,000 Gap
9:17 IBIT: A Bullish Engulfing Candle
9:52 Bitcoin Likely Ends October Higher
10:06 A Routine Correction, Not a Top
10:24 If You Want to Be Contrarian, Be Bullish
10:50 The Warning Signs: Last Week’s Low, Then September’s
11:07 Free: TA 101 and the Trending Higher Low
11:40 Confirmation: Last Week’s High, $84,300
12:03 Low Volatility on the Lows
12:13 Hidden Bullish Divergence: 2-Day and 3-Day
12:35 The Cross Prints Over $83,600
12:54 Next DCA: The 5-Day 55 EMA
13:04 The Daily Hundred · Day 63
13:14 Coinbase: 80% Off Spot Fees
13:24 Coinbase: Stocks, Options, Bitcoin Options Next
13:36 Traditional Markets: Still a Correction
14:21 The S&P Into Year-End: The Study
14:59 Years Like This One: Q4 and the Rest of October
15:33 November and December: Where It Stacks Up
15:47 Bitcoin’s Next Leg: November
15:57 TradingView: Still No Lifetime Indicators
16:37 The October Sale: Code LIFETIME
17:23 The Pivot: $84,000, Then $90,000