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- 🚀 Bitcoin Goes Parabolic! All-Time High Next? |Released 4 Oct 25|
🚀 Bitcoin Goes Parabolic! All-Time High Next? |Released 4 Oct 25|
👀 Cryptocurrency Market Surpasses $4.20 Trillion! Stimulus Checks Coming? Last Time They Would Have Yielded +1,600% from Bitcoin!
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Welcome back to
BULL MARKET BYTES
Your byte of cryptocurrency insight where we stand in awe as Bitcoin initiates the rocket boosters are takes off into orbit!
I can already feel the leather in a new Ferrari! 😂
Here is what we have for you today!
📊 BLOCKCHAIN BREAKDOWN
Bitcoin goes parabolic
Bearish formations are nowhere in sight
Support must be built
Major resistance at the all-time high
📌 BULL MARKET BULLETIN
Cryptocurrency market surpasses $4.20 trillion
Stimulus checks? Considered buying Bitcoin?


BITCOIN TECHNICAL ANALYSIS
Bitcoin has entered October like a bat out of hell!
In the last 7 days, we have witnessed Bitcoin move from less than $109,000 to over $123,000!
Bitcoin’s return in October sits at +7% - but the way that Bitcoin is moving - a repeat of 2017 at +47.81% may not be far-fetched . . .
With this massive move, the overall cryptocurrency market cap has exploded to $4.21 trillion, the highest in history!
Where do we go from here? Let’s take a look at Bitcoin’s daily movement, but before we do . . . lights, camera, and action for today’s sponsor!
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Now that we are finally in “Uptober,” is this the month that Bitcoin rockets to $150,000+ or the beginning of something bigger?
Let’s grab our popcorn and direct our attention to the images below showing Bitcoin’s daily movement!
The second image - compared to the first - shows us exactly how volatile Bitcoin can be!
New all-time high for Bitcoin in October? We believe there is a 82% chance that Bitcoin will make this a reality!
However, we must keep in mind . . . it is very possible that Bitcoin will pull back to ~$118,386.74 to build support.
Not negative by any means, the more support Bitcoin has the higher the price will rocket!
Keep in mind! Take a look at the second image above and how Bitcoin hit directly around $123,755.22 and $122,126.23.
Lines in charts are very important to follow as all investors and traders are looking at the same thing!
The psychology behind the market, even after Bitcoin rockets past $120,000, is still very divided over the past 24 hours:
Long (bullish) traders = 50.36%
Short (bearish) traders = 49.64%
What about the bearish formations? With Bitcoin rocketing damn near to a new all-time high, the bears have retreated along with their formations!
The concern right now isn’t a bearish formation; the concern is if Bitcoin creates support before it hits a new all-time high . . .
If support isn’t set, we better hope Bitcoin is going 100% parabolic!
If not, we are going to experience another slight break into a new all-time high and a dramatic pullback right after (sigh, yet again).
Ready to see what the storks have dropped off for us? Direct your attention below to the “What to Anticipate” section!

WHAT TO ANTICIPATE
As stated in Wednesday’s newsletter:
“With Bitcoin moving ~$7,000 in the past 72 hours, a pullback in price is bound to happen - but the question is “how far will Bitcoin pullback?”
At the very least, Bitcoin must hold the ascending support (green line in the chart above) to continue the healthy increase in price.”
Luckily for us, Bitcoin did hold the ascending support and increased over $3,000 in the same day!
🌍 In a perfect world, what do we see? Even though Bitcoin is currently overextended, it doesn’t mean that the upward movement is over.
In this “perfect world scenario,” we would see Bitcoin pullback to create support ~$119,769.94 and continue upward.
⚠️ Caution along the way! Speaking of pullbacks in price, we don’t want Bitcoin to break below $118,386.74!
This would end the current bull flag formation, and it would also break through a major support line that we need to hold!
🧠 Our overall thoughts? This is only the beginning for quarter 4! The sky is the limit when it comes to the returns that we will witness.
Until our next newsletter on Wednesday, watch to see if Bitcoin holds above $118,386.74.
If it does hold, we will continue the bull flag formation and a new all-time high this month is very possible!
If it doesn’t hold, watch to see if Bitcoin holds the next support at $116,822.71.
Big things are coming, continue to hold on for dear life with your diamond hands and best of luck out there!

BULL MARKET BULLETIN 📌
As Bitcoin rockets, we see that investors and traders are wanting to take profits - $130,000 becomes the next major resistance!
During the last major bull run in 2021, we saw the overall cryptocurrency market 3X. Is a repeat on the horizon?
People that invested their stimulus checks in 2020 straight into Bitcoin and now realizing gains over 1,000%!
With rumors of a possible stimulus check from “tariff money,” the question of where it should go is now clearer.


DID WE HIT THE BULLSEYE? |