BITCOIN LIVE TRADING: Bitcoin Is Breaking Down! This Happens Next
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BTC near publication: $65,4424-hour candle close · 23 Jul 2026, 08:00 UTC · BTC/USDT
On Bitcoin
Changed since their last video: days moved down to sideways; months flipped up to down.
Views
- Next days (next 1–7 days): Sideways:
The market is probably going to stay within this region of 665 to 4 and 668, sorry, 658 to 654 in the period pre-New York opening.
▶ 28:42 - Next months (next 2–6 months): Expects down (timeframe is our reading):
Yes, the 48K target is very, very, very likely.
▶ 05:32
Levels named
- 66.4k: Their view is wrong past this (stop loss for the short entry):
So, I think 66.4 as a stop loss.
▶ 19:24 - 66k: Resistance (edge of the current range that decides bullish or bearish):
the market is going to range between 66,025 and the 65,332 are the only two regions that are now going to flip as bullish or bearish
▶ 16:35 - 65.3k: Support (edge of the current range that decides bullish or bearish):
the market is going to range between 66,025 and the 65,332 are the only two regions that are now going to flip as bullish or bearish
▶ 16:35 - 63.8k: Support (a lot of liquidity stacking up around there):
The only region I would be interested to see its behavior would be at the 63.8 because there is a lot of liquidity stacking up around there again.
▶ 20:55 - 48k: Target (long-standing downside target set a couple of months ago, still untagged):
Yes, the 48K target is very, very, very likely.
▶ 05:32
Their own position: Short. Our entry was at 66,741. That is a trade that we are currently in and we have taken 25% off the table