Should YOU BUY The Dip? [Let Me Explain]
Crypto Banter · · 48:24 · Watch on YouTube
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BTC near publication: $124,3304-hour candle close · 7 Oct 2025, 04:00 UTC · BTC/USDT
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- Next days (next 1–7 days): Expects down (timeframe is our reading):
Very, very likely that at the minimum you're going to pull back towards around that $120,000 region.
▶ 08:06 - Next weeks (next 2–6 weeks): Leans up (timeframe is our reading):
this may be the weekly wick low, and then you could look at continuation up after that.
▶ 10:14 - This cycle (next 6–18 months): Leans up:
I think this cycle is going to be the longest cycle. I think we're going to push a little bit further, both in price and in time.
▶ 12:11
If this, then that
- If Price sweeps the short-trader stop losses at $126,500, then no target given (next weeks):
$20.45 million worth of short trader stop losses at $126,500. So, if you do put in that kind of a move, well, what's going to happen next? Of course, that means new all-time highs.
▶ 15:21
Levels named
- 126.5k: Resistance (cluster of short trader stop losses above):
$20.45 million worth of short trader stop losses at $126,500. So, if you do put in that kind of a move, well, what's going to happen next?
▶ 15:21 - 120k: Target (eight-day up streak and ETF flow spikes preceding local tops):
Very, very likely that at the minimum you're going to pull back towards around that $120,000 region.
▶ 08:06 - 119.5k: Support (0.382 Fib lining up with RSI pivot and 9/18 EMA):
And it is the 0.382 Fib, right? $119,500 if this is the local top.
▶ 14:09 - 119k: Support (prior weekly resistance where no candle closed above):
high time frame, I'd be treating anything above $119,000 as probably a buy the dip opportunity over there.
▶ 10:26
Their own position: Not said.
Dates named
- Jobless Claims on 9 Oct 2025:
Jobless Claims are coming out on the 9th of October. So, other than that, no major economic data.