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BTC ANALYSIS 💸
After multiple tests, the trendline has become quite weak as can be seen in the trading volumes📉
Now, two cases are possible
Case 1 📈
The market could see a $5,000-$7,000 upside move driven by positive news....This would trap short sellers 🐻...As new buyers enter the market, it could then take that liquidity and fall
📉
Case 2 📉
Alternatively, the market might move down first, creating panic selling and liquidating long positions...Buying could then start from the $94,000-$98,000 zone...If that zone sustains, the market could go to $110,000-$112,000 🚀 However, if it fails to sustain it might test $80,000 or the strongest support zone, which is at $60,000-$65,000
There isn't much hope for an "altseason" because most altcoins are already down 40-50%🪙
It is possible, however, that a 30-40% rally could occur after some time...For now, significant returns are not expected from BTC 🕯
US Market ( Dow Jones )
YearlY Low - 36,611
YearlY High Cmp - 48060
Gap Between YL YH - 11.4k (31%)
Tata Power Showing Strength
373 -- 396 (Sideways Zone)
Adding 40% At CMP
Rest i will add near 396 and 375 ✅
TrendLine BreakOuT 👀
Fundamentals Average
10-15% rally possible, waiting for weekly closing above trendline 🕯
#BCH Short Set-up 🔴
EntrY Between 570 - 608
SL Above 627
Target Below 500...
Leverage & Margin as per your Risk capacity
The great Indian shutdown: 11,223 start-ups shut down in 2025, 30% jump from 2024 🔒
India saw the shutdown of 11,223 start-ups in 2025 YTD (year-to-date) as per Tracxn data. It's just October, and this year has experienced a steep 30% jump from 8,649 closures in 2024
