Bitcoin: Where Does the Bull Case Die? $79,700, Then $75,000

On Bitcoin

Short clip · not counted in their view or record.

No view on any horizon.

If this, then that

• If Bitcoin loses 79,700 on a daily closing basis, then 77.5–78.5k (next days): which is 79,700 on a daily timeframe, I can't even be looking for that short-term corrective uh move to happen somewhere between like 77.5 to to 78.5, let's say. ▶ 00:17
• If Bitcoin trades and closes below 35,000, the nail in the coffin for the bull case, turning the rally into a bull trap, then no target given (this cycle): if Bitcoin actually were to come back down and trade and close more specifically below 35,000 bucks. That would be, you know, the nail in the coffin for me ▶ 00:40

Levels named

• 79.7k: Support (last week's low, the last price action pivot): effectively be last week's low. As long as Bitcoin's closed above there, which is 79,700 on a daily timeframe ▶ 00:16
• 77.5–78.5k: Target (zone for a short-term corrective move): which is 79,700 on a daily timeframe, I can't even be looking for that short-term corrective uh move to happen somewhere between like 77.5 to to 78.5, let's say. ▶ 00:17
• 35k: Their view is wrong past this (a close below would make the long-term bullishness reconsidered and the rally a bull trap): if Bitcoin actually were to come back down and trade and close more specifically below 35,000 bucks. That would be, you know, the nail in the coffin for me ▶ 00:40

Their own position: Not said.