URGENT: If BTC Loses This Level Today Then Expect $50,000 Soon!

On Bitcoin

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

Views

• Next days (next 1–7 days): Leans down (timeframe is our reading): Personally, I think that you're probably going to see continuation down, especially especially if the stock market rolls over where we seeing some ▶ 17:56
• Next weeks (next 2–6 weeks): Leans down (timeframe is our reading): Move down to 80K, maybe a little bit of a a throwback into resistance, a move down to 70K, strong technical support, probably ▶ 20:21
• Next months (next 2–6 months): Leans down: another lower high, and then continuation down um you know for the end of the quarter. That is if there's validity behind this bare flag. ▶ 20:29
• This cycle (next 6–18 months): Expects down (timeframe is our reading): and then of course you just continue that journey further down to to finish off the bare market. ▶ 13:47

If this, then that

• If close at least two more candles underneath this zone, then no target given (next days): if we if we close at least two more candles underneath this zone, you can expect the probability is much higher than not that you are going to see continuation down. ▶ 00:20
• If closing multiple candles underneath this $86,000 zone, then no target given (next weeks): closing multiple candles underneath this $86,000 zone over here is going to be losing the volume support. ▶ 19:51

Levels named

• 92.8k: Resistance (breakdown candle high; bulls must reclaim it): I'm actually going to price label that level for you. 92,849. If they can get back above that level over there, uh we can talk. ▶ 20:54
• 80k: Target (move down after bear flag breakdown): Move down to 80K, maybe a little bit of a a throwback into resistance, a move down to 70K, strong technical support, ▶ 20:21
• 70k: Support (strong technical support): Move down to 80K, maybe a little bit of a a throwback into resistance, a move down to 70K, strong technical support, ▶ 20:21
• 56.5k: Target (measured move of the bear flag): the bare flag does have a measured move. Unfortunately, this is the truth. 56,500. ▶ 19:10
• 30–50k: Target (bear market path following prior cycle): Just drawing little quick lines. What does that look like? 30 to 50k somewhere within that vicinity. ▶ 14:48

Their own position: Not said.