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Bitcoin ($BTC USD) has maintained stability after rebounding from the 1W MA50 (blue trend-line) last week. This level previously supported the Bull Cycle Channel’s Higher Low on August 5, 2024, reinforcing its significance in BTC’s price action. However, another major support level may be in play—the Pivot trend-line originating from the April 12, 2021, high. Initially acting as resistance, it saw two more rejection points before now being tested as support for the first time. Looking at the previous cycle (2018–2021), a similar Pivot trend-line supported Bitcoin during the final phase of its parabolic rally in January and June 2021. Notably, the June 2021 contact also aligned with the 1W MA50, mirroring the current setup. That dual support triggered the last rebound toward a new All-Time High (ATH) for the cycle. Additionally, the 1W CCI patterns between these fractals show strong similarities. If history repeats, a 1W CCI reading near 200.00 could mark an ideal profit-taking level. Based on this, we anticipate the current Channel Up formation to fuel BTC’s bullish leg, potentially driving it to a new ATH—the cycle’s ultimate peak. Do you think this confluence of the Pivot trend-line and 1W MA50 will support BTC’s next major rally? Share your thoughts in the comments!

$ADA - update: Setup Invalidated ???🔴 I cut my position with some losses after TP1 ✅ The short term price action remain too neutral!  It's still pretty bearish on the bigger picture, but if the 0.6850$ support area hold, hence we could see a correction toward 0.800$!  At the opposite, a breakout below 0.6800$ could trigger another big sell signal! (0.6500 - 0.6200 - 0.5600$)  Support are holding at the moment, so it's better to not stay into short position! ⚠️ I'll wait for a clean bearish candle close (below 0.6850$) to open a new short position. (if it happen).  Accept losses, level by level. 100% W/R does not exist team!  That's why if you dont book your gains quickly you lose more often!   Zoom on the monthly data, >85% W/R 🏆💰 STAY DISCIPLINED OR THE MARKET WILL SWALLOW YOU UP!

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$BTC /USDT - 1W TimeFrame In terms of cycle timings, let me remind you ☝️ that in 2 of the 3 market cycles - Bitcoin set All-time-high 550 days after halving ✅. In 1 out of 3 cases ATH was set 365 days after halving 📆 , which can be attributed to low capitalization and immaturity of the market as it was the very first cycle. The current high at $109,000, if you consider it the top of the cycle, was reached just 280 days after the halving... ❓ Whether the cycle can be completed so quickly in the context of multiple ETF filings and launches, with entire countries investing in Bitcoin, and the US President securing government reserves (albeit only confiscated so far) with the cryptocurrency - everyone will draw their own conclusion!

The value of $PI Coin from Pi Network continues to decline, recently experiencing a drop of over 9%, trading at approximately $1.26. Technical indicators suggest that the current selling pressure remains strong, with prices expected to fluctuate mainly between $1.20 and $1.40. Additionally, recent developments in the market and updates regarding KYC have raised concerns about the future of Pi Coin. W hat Do Technical Indicators Say About Pi Coin ? Technical analysis indicators for Pi Coin reveal increased selling pressure and negative price movements. The Rate of Change (ROC) at -19.06 indicates a significant loss of momentum in price movement, signaling increased selling pressure. The Relative Strength Index (RSI) at 36.10 shows that Pi Coin is approaching the oversold territory, which could lead to a short-term recovery. The Commodity Channel Index (CCI) at -111.43 indicates a strong negative trend for the altcoin. Although the Moving Average Convergence Divergence (MACD) at 0.26 shows weak buying activity, it still indicates some volatility. Overall, the outlook remains negative. KYC Process Completed in Pi Network The KYC (Know Your Customer) process in the Pi Network has been completed. However, this process has caused price fluctuations. Users who did not complete KYC lost their Pi Coins, leading to a decrease in market supply. While some analysts view this development positively in the long term, it has created uncertainty in the short term. Users who completed KYC can now utilize their mined Pi Coins, which has increased selling pressure and contributed to the price drop. Moreover, rumors about Pi Coin potentially being listed on major exchanges are impacting price movements. However, there is no official announcement regarding these listings, which further heightens price pressure. If there is any development regarding listings on Binance or Coinbase, a significant price increase for Pi Coin could be expected. In the short term, it is critical for Pi Coin to surpass the $1.50 resistance level. Current technical analysis data suggests that while selling pressure persists, approaching oversold levels may facilitate short-term recoveries.