I don't think we can consider it as a "main" trading indicator, it will always differ from the trader using it.
Maybe we can call it "popular" which most of the traders are using it. So for me, it always comes with moving averages, volume indicators, momentum indicators like RSI.

For me, I am not really a fan of complex indicators, simple moving average and momentum indicator like stochastic RSI is already good for me.

I can say as a trade, "It is not always the best time to trade, there is always opportunity".
If your technique or analysis to trade is not on sideways, like swing trading, supports, and resistances, then sideways is not your cup of tea.
There are also some traders who are sideways with the power of leverage of course and they are killing it.

The end of the month of November is fast approaching. So, the monthly candle close is very important this time. The worst case for me is we will close below $50,000. And there's a possibility again we will be visiting $30,000 - $40,000 until next year. But I am positive this time it won't happen.
We stay above $50,000 until next year is healthy correction for me, even we will not create another new all-time high until end of this year, it's all good.

Good analysis, but you should consider the July to August, price of Bitcoin those months are sideways not on upward compare to this previous month until this month of November which is just started to fall and touch your green line support.
Overall, it's good especially if we will try to test again that support 1 more time and it will not break downward.

Additionally here is the hyperinflation. We all know how inflation is affected by multiple countries. Since Bitcoin can solve it, we can consider it also a reason why Bitcoin is still here and value keeps increasing.
Long term goal for Bitcoin is always important, we don't know how much Bitcoin price can go up or down.

Are you referring to this project? https://www.coingecko.com/en/coins/fandom-chain


I check this project and this is another chain or blockchain network, and it is a layer 1 protocol.
It's like a scam? I checked their GitHub profile, only 6 commits? really no activities. Please be careful here if you are referring Famdom token on the link I sent.

Bids and volume of on supports are too strong, especially if you will use a higher time frame and identify supports and resistance.

Speaking of resistance become new supports, a lot of traders using this as an entry. Once resistance broke, or previous resistance/support, that's the time they are entering on a trade or on a pullback from that support/resistance.

For me now, $50,000 is a very strong support level right now, we must hold that support until end of this month.

Closing below $50,000 daily is very dangerous for Bitcoin until the end of this year.
That's why even Bitcoin will visit below $50,000 again any day of this year, we should just close the yearly candle above $50,000. And Bitcoin will do sideways next year $30,000 - $50,000. I can still consider it's not the end of the bull run. We already got a lot of volumes.

I am looking forward to Kusama too since I own Polkadot (DOT) too.
So for sure, if you support Polkadot, you should support Kusama too that's why I own these two coins too.

Next year could be the best day for the Polkadot ecosystem and Kusama too especially since the first parachain auction in Polkadot is already done. I am hoping too that we will still not go to the bear market until next year so we will see how Kusama will perform.

Just a correction from a previous all-time high of Bitcoin or crypto market cap.

If you take a look at the Fear & Greed index of Bitcoin right now, we are currently on Fear, not that much fear. But last time we went to the fear index, after a few days, Bitcoin went to create multiple all-time highs.

So for me, nothing to worry about. Just zoom out the chart and relax.

For me, a danger for Bitcoin once Bitcoin will close the daily candle below $50,000.
Especially the monthly candle closing is fast approaching, with few days left. And last month of the quarter or the year, these days is a very important date and time for Bitcoin. It's like the deciding part, even Bitcoin won't reach $100,000 this year, my only wish is don't close below $50,000 when this year ends.

https://bscscan.com/ is your friend. You should double-check your transactions there.
If the amount is deducted from your balance then it went through for sure, it could also problem with their smart contract if your transaction didn't credit from their platform. Be careful, it could be a bug from their platform.

These "meme" coins for me are just a part of a trend. One of the examples is Dogecoin, there are some people that their indicator before is Dogecoin, once Dogecoin is started to pump. It's kinda a sign that Bitcoin will do a run, like creating a new all-time high. After that, the trend lay low as the price of dogecoin also dumped, so for now, there are already a lot of "meme" coins so for me, this trend will not stay longer. They could come back again.

CRO is like FTT, FTX Exchange also bought Miami Arena now FTX Arena.
As always, pure advertisement. The price of FTT before did pump after announcing that they purchased the Miami Arena and after a few hours/days, it dumped. So I think it's normal, there are buyers and sellers. Just a normal buy the rumor, sell the news.

Going out and avoiding watching charts from time to time or the price of Bitcoin is good for me.
If you are here for the long term, you should not be worried about the price of Bitcoin right now. We just created all-time high a few days ago, so for sure this is just a correction.

For me, as Bitcoin will not dump, Bitcoin will stay sideways or Bitcoin will continue to pump, for sure that's the time altcoins can make their move.
But we should still be aware of Bitcoin dominance because Bitcoin could rekt these altcoins once Bitcoin dominance will increase especially when Bitcoin dominance will able to reach 50%.

With these NFT, DeFi, meme coins trends. They can be triggered for some altcoins but I don't believe it will stay for the long term (the altcoin moves). Since Bitcoin could be ready to explode to create another new all-time high.

Hi OP. Any idea on what price level that this chart or $100,000 prediction before the year-end will be invalidated?
I am not bearish here but just in case something will went wrong at least we are ready. What could be possibly happen if ever we  will not reach $100,000 this year?

As a lot of people really expecting $100,000, we only have left a few weeks before 2021 will end.

I agree with this. Since even how FUDs are spreading about USDT, there are still a lot of people using it, and guess what, USDT is still the highest market cap among all the stable coins out there.
If ever USDT will be turn out to be a scam, what will happen? USDT value will become $0? Then it could be the biggest scam accident in crypto for sure.

You can try Ape Board, a Cross-Chain Defi dashboard where you can just put your Ethereum address and you can possibly see a list of your NFTs, not only NFTs but other DeFi platforms you are currently using.
Just try it, because there is some platform that they are still not supporting.

https://apeboard.finance/

+1, there are a lot of people there who are not serious when they are doing trading like they are started to learn, they don't have dedication. Especially when they only they if they want or they are in the mood, and especially if they are in FOMO.
That's why people especially those newbies should be serious when it comes to trading, money is involved here.