Markets at Critical Breakdown Levels | Bitcoin, Gold & Silver

On Bitcoin

Changed since their last video: days flipped down to up; weeks flipped up to down; months went from expecting down to leaning down; cycle flipped up to down.

Views

• Next days (next 1–7 days): Leans up (timeframe is our reading): Sometimes that can prep us for a short-term bounce. I am long here at the moment. ▶ 13:50
• Next weeks (next 2–6 weeks): Leans down (timeframe is our reading): what is in front of us is a possible deviation and a possible short-term bounce in the market before they send things lower. ▶ 12:55
• Next months (next 2–6 months): Leans down (timeframe is our reading): Anything from roughly the 70K region or even a wick down into the mid-60s could make sense on a monthly basis. ▶ 11:03
• This cycle (next 6–18 months): Leans down (timeframe is our reading): You could even force it down. I do have a 786 fib in that 30K zone as well. ▶ 12:49

If this, then that

• If if there is more selling, then 50–57.7k (next months): If there is more selling, the next big zone is 57700 into about 50K. ▶ 11:09

Levels named

• 98k: Resistance (macro 382 fib, possible right shoulder of a head and shoulders): Bitcoin rejected at the 98K region, which was our macro 382 fib. ▶ 12:22
• 75–78k: Support (first proper weekly solid bounce zone): In terms of the weekly, the 78K to 75K region is one I have been covering for a while. ▶ 13:01
• 50–57.7k: Support (next big monthly zone for a bounce): If there is more selling, the next big zone is 57700 into about 50K. ▶ 11:09
• 30k: Target (786 fib in the 30K zone): You could even force it down. I do have a 786 fib in that 30K zone as well. ▶ 12:49

Their own position: Holding. I am long here at the moment. I did post on X about it.

On Ethereum

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

Views

• Next days (next 1–7 days): Leans up (timeframe is our reading): We might see a bit of upside, but I do want to see ETH eventually settle at 2150. ▶ 15:12
• Next weeks (next 2–6 weeks): Leans down (timeframe is our reading): but I do want to see ETH eventually settle at 2150. ▶ 15:17

Levels named

• 2.15k: Support (major level not yet hit; wants ETH to settle there): Right now the big zone for ETH is 2150. That is a big banger for me. ▶ 14:42

Their own position: Not said.

Dates named

• New Fed chair nominee seen as dollar bull, DXY strength, undated: We know the new Fed chair nominee is a dollar bull and he wants DXY strength.