Bitcoin’s Next Move Could Shock Everyone

On Bitcoin

Changed since their last video: weeks flipped up to down.

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• Next days (next 1–7 days): Leans up (timeframe is our reading): is still lining up to these areas of early $68,000 all the way up to the $69,000, even possibly close to the $70,000 zone. ▶ 01:33
• Next weeks (next 2–6 weeks): Leans down: a lower high from there, right, will indicate for me a push down to these areas and basically indicating for me anywhere in the next 10 to 14 days, right? ▶ 05:26
• Next months (next 2–6 months): Leans up: Is we did speak around how the market's probably ready to start rallying closer to the August time, right? ▶ 03:56

If this, then that

• If Daily closes above $72,000 to $74,000, held for a few days as confirmation, would show the lows are in, then no target given (this cycle): specifically if we rally from now as we start daily closing above the $72,000 to $74,000 and I'd like to sit there for a few days as confirmation. ▶ 09:00

Levels named

• 70–80k: Target (big liquidity blocks on the higher time frame): we do have these big yellow blocks forming here at $70,000 to $80,000. ▶ 08:46
• 75–76k: Resistance (breaking here cancels out the RSI bearish divergence): we need to see Bitcoin break to $75,000 to $76,000. That cancels out the divergence. ▶ 02:43
• 73–74k: Resistance (previous high): The previous high is sitting at $73,000, basically $74,000. ▶ 01:45
• 72–74k: Resistance (daily closes above confirm lows are in): specifically if we rally from now as we start daily closing above the $72,000 to $74,000 and I'd like to sit there for a few days as confirmation. ▶ 09:00
• 68–70k: Resistance (main momentum trend lines up in this zone): main momentum trend that lines up perfectly between $68,000 and $70,000. ▶ 02:58
• 68–68.5k: Resistance (0.618 fib at 68,500 and 50% at 68,000): the 0.618 is sitting at $68,500. Right? If we take the Fibonacci from here, we are sitting with the 50% mark at $68,000. ▶ 03:08
• 64k: Target (bunch of liquidity sitting close to 64,000): We see a drop to $64,000, right? The more I look at liquidities, we can still see there's a bunch of liquidity sitting close to $64,000 ▶ 05:12

Their own position: Not said.