THIS IS WHY BITCOIN IS DUMPING...

On Bitcoin

Changed since their last video: days went from expecting down to leaning down.

Views

• Next days (next 1–7 days): Leans down (timeframe is our reading): Maybe we're going to go a little bit deeper like I said, but this is of course in my opinion quite inevitable that this was going to be happening. ▶ 05:26 Said again while their call of 1 Nov 2026 was open, so it counts once; that call was open until 8 Nov 2026, against 77.8k when said.

Levels named

• 83–84k: Target (over half a billion dollars of short liquidations that could be squeezed): Bitcoin long liquid short liquidations laying around at 83 to $84,000 level, which is in my opinion definitely very interesting to be squeezing out here. ▶ 05:37
• 76k: Support (final level of liquidity on the liquidation heat map being grabbed): we are now grabbing that final level of liquidity around that $76,000 level. ▶ 05:15
• 73–75k: Support (sweep of the range-low liquidity, then a bounce as shorts pile in): So, between 75K and $73,000, I would say this is going to be the perfect zone to be building up new swing trading positions on Bitcoin. ▶ 03:06
• 75k: Support, expected to hold (large bid wall of about $37 million at this level): So 75K is definitely going to be the wall of support for Bitcoin. ▶ 05:59
• 73k: Support (lower side of the bull market support band, same as the 200 daily moving average): And that level exactly is the same like the 200 daily moving average, currently sitting approximately around $73,000. ▶ 04:42

Their own position: Holding. But anyways I will continue to hold my big Bitcoin swing trade open and whenever we come into this region I'm going to be building up a new trade here.

Dates named

• US midterm elections, Democrats sweeping, undated: Bitcoin is starting to dump very aggressively towards the downside as we're starting to get the news that the Democrats are sweeping the US midterm elections.