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- 💎 Your Exclusive Bitcoin Analytics! (19 Oct 2024)
💎 Your Exclusive Bitcoin Analytics! (19 Oct 2024)
Mark Your Calendar for Bitcoin's Next Move! 📅 PLUS: $1.8B Ubisoft Develops Blockchain Game! 🤯
Jonathan Hamblin
October 19, 2024
In partnership with
Welcome to Bull Market Bytes!
Your byte of cryptocurrency insight where we give a fun spin to the stressful world that is cryptocurrency!
Let’s Explore Today’s Highlights
🧠 Fun Fact: The Bitcoin Scam
📊 Bitcoin Breakdown: Mark Your Calendar!
📌 Bull Market Bulletin: Current News & Stories
🔮 Crypto Projections: Tune in for Wednesday’s Newsletter
Statistics as of: 19 Oct 24 @ 10:15am EST
The Bitcoin Scam 🧠
Back in 2022, there was a middle-aged couple that was excited beyond words.
What had caused the excitement? 🤔
Well, they had bought their first full Bitcoin!
So, where does the story get “scammy”? 🤷♂️
It was the phenomenal price that they bought the full Bitcoin at…
They bought it for $1,000 when Bitcoin was going for over 20X that! 😮
As they knew they had received an amazing price, they knew that they had to sell it immediately…
As Bitcoin was pulling back from the recent all-time high. 📈
They reached out to a close friend and asked where they could sell the full Bitcoin, where he then sent a long list.
After some time, the couple was still having difficulty selling the Bitcoin…
So, the friend decided to visit them and help them sell it.
Now, hang on to your seat for this one… 😬
When the friend arrived, he asked to see their computer… the couple was confused of why he needed that.
He said that he needed to set up the transaction for him, where they then replied…
Here is the Bitcoin that we bought and pulled out a plastic coin with a Bitcoin logo on it. 🤯
Bitcoin Breakdown 📊
So, the question on everyone’s mind is…
When will Bitcoin break the all-time high? 🤔
However, we need to look at it from a different perspective.
Earlier this year, Bitcoin broke the all-time high, but there wasn’t too much movement that occurred…
Not like the all-time high break that happened in 2021.
So, then the question we need to ask ourselves is…
When will Bitcoin break the all-time high and also trigger a massive bull run? 👀
Well, that is what we are going to be diving into more during this Bitcoin Breakdown.
Our primary topics will be:
Bitcoin’s Weekly Movement
Significance of Upcoming Dates
Our Next Steps
Now, before we get started, let’s have a word from today’s sponsor!
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Thank you to Med-X for sponsoring today’s newsletter! 🙏
Bitcoin’s Weekly Movement
It is amazing to see how bullish Bitcoin is during this pivotal moment in the chart!
Let’s take a look at the chart below! 👇
And we see that the current candlestick to the far-right has broken above the gold ascending line!
This movement shows a bearish to bullish movement and keeps us on track…
On track for what exactly? 🤷♂️
Don’t worry, we will cover that shortly.
Bitcoin Weekly Movement
Now, what we need to keep in mind is that the current candlestick is closing at the end of tomorrow.
And because of this, we need to keep a certain price level to stay bullish!
Ultimately, Bitcoin needs to maintain above $68,800 by the end of tomorrow to keep the bullish trend!
So, what are the other dates that we need to keep in mind? 📅
Significance of Upcoming Dates
In the chart above, there are a few dates highlighted in gold.
These dates are:
14 October 2024
04 November 2024
06 January 2025
But why are these dates highlighted and why should I care? 😂
Well, let’s begin with saying that these dates are a weekly period… being that they are weekly candlesticks!
So, the 14th of October is actually the 14th to the 20th of October.
14 October 2024
The 14th of October is our current candlestick which is our first stop to price projection.
Because of Bitcoin’s strong movement, we are climbing higher, and the 4th of November looks to be that next stop.
By, why the 4th of November? 🤔
04 November 2024
Let’s take a look at the chart below that we previously saw.
If Bitcoin continues up the gold line, then the previous all-time high and that line merge on 4 November… 👀
Bitcoin’s Weekly Movement
And what is also very interesting with the week of the 4th of November…
The United States’ Presidential election is taking place at that time, which is a HUGE or “YUGE” influence! 😂
We already know that Bitcoin’s current movement is directly impacted by swings in certain ways…
06 January 2025
So, if Bitcoin is supposed to break the week of the 4th of November, what is the significance of the 6 of January?
Well, it is not in stone that it will break during that time… so we have a further out projection if there is sideways movement…
Hence, the week of the 6th of January! 😎
Our Next Steps
We need to keep this in mind… we need the perfect storm!
We don’t want what happened at the beginning of the year where Bitcoin broke the all-time high and it was boring… 😬
Solely in our opinion, we would love to see more sideways movement by Bitcoin at this current level…
Why do we say this?
Because we need a strong foundation that will ultimately act as the launchpad! 🚀
🧠 Don’t forget! We need the perfect storm… everything needs to align perfectly and patience is key!
Bull Market Bulletin 📌
Crypto Trader Profits 335,000% in Five Days! It is amazing to see the profit potential wth crypto coins and tokens… and the loss potential. 🤣 We all may be aware that Solana-based tokens are a hot item that has yielded massive returns! Well, we have another one that just turned someone’s $727 investment into $2.44 million! 🤯
The Coinbase Website that was Fake! It is sad to see that there are so many scams that are associated with cryptocurrency… For this one, an Indian citizen created a website that spoofed Coinbase where he would steal people’s log-in information. He ultimately netted over $20 million in stolen funds! 😲 This scam lasted for over 2 years and led to him receiving 5 years in prison… do you think that is too short of a sentence? 🤔
Ubisoft Prepares to Launch a Blockchain Game! It appears that the gaming giant is now integrating blockchain into an upcoming game… this is HUGE! 🚀 The blockchain-based game is called Champions Tactics: Grimoria Chronicles and will feature player-versus-player (PVP) battles using “Champions’ NFTS! 😎
Crypto Projections 🔮
Make sure to tune in for our newsletter on the 23rd of October for the next crypto projection!
Below is the most recent projection if you missed it! 🔮
Bitcoin Current Price: $67,649.97
Current Market Cap: $1,336,042,178,522
Previous All Time High: $73,750.07
Previous All Time High Date: 14 March 2024
Potential Low Price (2024-2025): $139,187.55
Potential High Price (2024-2025): $205,221.19
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