BTC Update 13th October
That drop was brutal, one of the most aggressive I’ve seen. It wiped out countless positions in hours and reminded us that macro volatility can override any TA. Always protect your capital first.
BTC’s daily candle closed above the 0.382 Fib, which is a positive sign. Price is now struggling near the Quarterly VWAP, and a clean reclaim of 115.4K could open the path toward 117.5K (POC resistance).
On the downside, 111.5K remains key support, aligning with daily support and Value Area Low. The structure is still fragile but slowly recovering. The next few daily closes will decide if BTC can sustain this bounce.
That drop was brutal, one of the most aggressive I’ve seen. It wiped out countless positions in hours and reminded us that macro volatility can override any TA. Always protect your capital first.
BTC’s daily candle closed above the 0.382 Fib, which is a positive sign. Price is now struggling near the Quarterly VWAP, and a clean reclaim of 115.4K could open the path toward 117.5K (POC resistance).
On the downside, 111.5K remains key support, aligning with daily support and Value Area Low. The structure is still fragile but slowly recovering. The next few daily closes will decide if BTC can sustain this bounce.
Coin:
AGLD/USDT
Position:
Long
Exchange:
Binance / Bitget
Entry Points:
1. $0.4700 (50%)
2. $0.4310 (50%)
Targets (small, quick):
1. $0.490
2. $0.515
3. $0.550
Stop Loss:
$0.4130 (hard stop)
• Sharp capitulation → V-recovery; buyers defended $0.42–0.44 demand.
• Playing mean reversion into nearby supply; first resistances sit at $0.49 / $0.515 / $0.54.
AGLD/USDT
Position:
Long
Exchange:
Binance / Bitget
Entry Points:
1. $0.4700 (50%)
2. $0.4310 (50%)
Targets (small, quick):
1. $0.490
2. $0.515
3. $0.550
Stop Loss:
$0.4130 (hard stop)
• Sharp capitulation → V-recovery; buyers defended $0.42–0.44 demand.
• Playing mean reversion into nearby supply; first resistances sit at $0.49 / $0.515 / $0.54.
Members, markets are expected to be quite volatile. I strongly suggest avoiding leveraged trading for now, mainly due to the ongoing China U.S. tariff tensions. Once things stabilize, I’ll share further updates.
$BTC Update
Bitcoin just broke down impulsively below the trendline exactly what I’ve been pointing out in the past few updates. The move looks aggressive, and so far, there’s barely been any recovery attempt. Historically, when we see this kind of slow bleed after a strong move, it’s rarely a good sign.
Right now, the only potential bullish scenario I can see is if BTC does a liquidity sweep around either the $102K or $98.2K lows. That would flush out weak hands before a possible bounce.
But here’s the key point if we get a daily close below $98.2K, that would confirm a CHOCH (Change of Character) or MSS (Market Structure Shift) on the higher timeframe. That would be the first structural shift since October 2023 and would likely mark the end of this bull phase.
The latest sell-off seems to have been triggered after the BOJ hinted at continuing interest rate hikes. We saw a similar situation back on August 5th, 2024, when BTC dropped from $58K → $49K after the rate hike news. The difference then was that price only swept the previous major low and bounced strongly, forming a Swing Failure Pattern (SFP) meaning the structure stayed intact.
If BTC repeats that behavior a clean liquidity sweep without a close below $98.2K l that could turn out to be a very strong buy zone rather than a structural breakdown.
In short:
• Below $98.2K = structural shift → bearish confirmation.
• Sweep and recovery above $98.2K = potential bottom and strong buy signal.
Bitcoin just broke down impulsively below the trendline exactly what I’ve been pointing out in the past few updates. The move looks aggressive, and so far, there’s barely been any recovery attempt. Historically, when we see this kind of slow bleed after a strong move, it’s rarely a good sign.
Right now, the only potential bullish scenario I can see is if BTC does a liquidity sweep around either the $102K or $98.2K lows. That would flush out weak hands before a possible bounce.
But here’s the key point if we get a daily close below $98.2K, that would confirm a CHOCH (Change of Character) or MSS (Market Structure Shift) on the higher timeframe. That would be the first structural shift since October 2023 and would likely mark the end of this bull phase.
The latest sell-off seems to have been triggered after the BOJ hinted at continuing interest rate hikes. We saw a similar situation back on August 5th, 2024, when BTC dropped from $58K → $49K after the rate hike news. The difference then was that price only swept the previous major low and bounced strongly, forming a Swing Failure Pattern (SFP) meaning the structure stayed intact.
If BTC repeats that behavior a clean liquidity sweep without a close below $98.2K l that could turn out to be a very strong buy zone rather than a structural breakdown.
In short:
• Below $98.2K = structural shift → bearish confirmation.
• Sweep and recovery above $98.2K = potential bottom and strong buy signal.
A mysterious whale wallet 0x579f has deposited $2.91M USDC into #Hyperliquid over the last 48 hours — taking massive leveraged bets across three major assets:
• Short 232 BTC (~$25M)
• Short 5,810 ETH (~$22.7M)
• Long 44.79M ENA (~$21.3M)
That’s a combined open position of nearly $70M, signaling a strong rotation from majors to ENA.
https://hypurrscan.io/address/0x579f4017263b88945d727a927bf1e3d061fee5ff
• Short 232 BTC (~$25M)
• Short 5,810 ETH (~$22.7M)
• Long 44.79M ENA (~$21.3M)
That’s a combined open position of nearly $70M, signaling a strong rotation from majors to ENA.
https://hypurrscan.io/address/0x579f4017263b88945d727a927bf1e3d061fee5ff
$BTC UPDATE
Bitcoin is still facing strong resistance around $110K–$112K, so patience makes more sense than forcing longs here.
Stablecoin Dominance remains strong, bouncing off support and the 1D 12 EMA — meaning downside risk for BTC is still open. Until it breaks below 8.6–8.4% with a clean 4H close, chances of a sweep toward $98K–$102K remain.
A new 4H ascending trendline on dominance confirms short-term strength, but once that breaks, momentum may shift. For now, Bitcoin needs a solid close above $112K to flip structure bullish.
On the macro side, Trump’s comment about tariffs possibly rising to 155% from Nov 1 keeps uncertainty high — so expect choppy moves until clarity returns.
Bitcoin is still facing strong resistance around $110K–$112K, so patience makes more sense than forcing longs here.
Stablecoin Dominance remains strong, bouncing off support and the 1D 12 EMA — meaning downside risk for BTC is still open. Until it breaks below 8.6–8.4% with a clean 4H close, chances of a sweep toward $98K–$102K remain.
A new 4H ascending trendline on dominance confirms short-term strength, but once that breaks, momentum may shift. For now, Bitcoin needs a solid close above $112K to flip structure bullish.
On the macro side, Trump’s comment about tariffs possibly rising to 155% from Nov 1 keeps uncertainty high — so expect choppy moves until clarity returns.
XRP just announced plans to raise $1B ahead of going public.
There isn’t much price reaction yet, but once the broader market gains momentum, we might start seeing time-based accumulation (TWAP-style buying).
For now, there’s nothing strong enough to justify an immediate move — but the risk-reward setup looks favorable if you’re leaning bullish on the overall market.
https://www.bloomberg.com/news/articles/2025-10-20/ripple-tied-treasury-firm-to-raise-over-1-billion-to-go-public?embedded-checkout=true
There isn’t much price reaction yet, but once the broader market gains momentum, we might start seeing time-based accumulation (TWAP-style buying).
For now, there’s nothing strong enough to justify an immediate move — but the risk-reward setup looks favorable if you’re leaning bullish on the overall market.
https://www.bloomberg.com/news/articles/2025-10-20/ripple-tied-treasury-firm-to-raise-over-1-billion-to-go-public?embedded-checkout=true
Anti-crypto Senator Elizabeth Warren gets a Community Note for posting false information about Binance Founder CZ after his pardon.
Trade Setup: $AVAX/USDT (Long – Risky Trade)
Entry Points:
• Market Entry: $19.576
Stop Loss:
• Hard Stop: $18.971
Targets:
• $20.300
Trade Reasoning:
• Current market price offers a short-term momentum setup, but volatility remains high.
• Stop loss placed tightly below recent support to minimize downside.
Entry Points:
• Market Entry: $19.576
Stop Loss:
• Hard Stop: $18.971
Targets:
• $20.300
Trade Reasoning:
• Current market price offers a short-term momentum setup, but volatility remains high.
• Stop loss placed tightly below recent support to minimize downside.
JUST IN: 🇺🇸🇨🇳 US and China reach early agreement on key issues following 'successful' trade talks.
Trade Setup: $TRX/USDT (Long)
Entry Points:
• Market Entry: $0.29871
Stop Loss:
• Hard Stop: $0.29283
Targets:
• $0.29966
Trade Reasoning:
• Scalp setup indicating short-term bullish momentum near support.
• Tight stop loss for controlled risk; aiming for quick move to resistance zone.
Entry Points:
• Market Entry: $0.29871
Stop Loss:
• Hard Stop: $0.29283
Targets:
• $0.29966
Trade Reasoning:
• Scalp setup indicating short-term bullish momentum near support.
• Tight stop loss for controlled risk; aiming for quick move to resistance zone.
Nvidia $NVDA becomes the first company in history to reach a $5 trillion market cap.
BREAKING:
🇺🇸 TRUMP WILL MAKE AN MAJOR
ANNOUNCEMENT ON BITCOIN AND CRYPTO TODAY
🇺🇸 TRUMP WILL MAKE AN MAJOR
ANNOUNCEMENT ON BITCOIN AND CRYPTO TODAY
Trade Setup: $TAO/USDT (Long)
Entry Points:
• Market Entry: $499
Stop Loss:
• 1H Close Below $472.80
Targets:
• $538
• Rest to be updated later
Trade Reasoning:
• TAO has been one of the strongest coins in the market recently.
• Entering with tight stops to manage risk.
• Structure indicates potential continuation if it holds above the 472.80 zone.
Entry Points:
• Market Entry: $499
Stop Loss:
• 1H Close Below $472.80
Targets:
• $538
• Rest to be updated later
Trade Reasoning:
• TAO has been one of the strongest coins in the market recently.
• Entering with tight stops to manage risk.
• Structure indicates potential continuation if it holds above the 472.80 zone.
Members!
There is a high possibility of BTC going below $100k mark, don’t over trade as this point.
Avoid high leverage positions
There is a high possibility of BTC going below $100k mark, don’t over trade as this point.
Avoid high leverage positions