Finding Opportunity in the Bitcoin Bear - Checkonchain and Monochrome Webinar
Checkonchain · · 1:05:00 · Watch on YouTube
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BTC near publication: $73,9094-hour candle close · 18 Mar 2026, 00:00 UTC · BTC/USDT
On Bitcoin
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- Next months (next 2–6 months): Sideways:
you can see that the time pain at the bottom, 5 months, 7 months, 7 months, 10 months, probably have this time pain in front of us.
▶ 07:53 Said again while their call of 7 Mar 2026 was open, so it counts once; that call was right: 67.1k when said, 62.8k on 5 Jul 2026 (−6.4%).
If this, then that
- If if Bitcoin goes down to 55k, then no target given (next months):
do I care if we go down to 55k? No, because that means there's a 95% chance that it wants to go higher from there.
▶ 29:44
Levels named
- 80–98k: Resistance (short-term holders who bought the November to February range want their money back):
bought the recent bear flag from November through to early February, 80k to 98k, that zone. These folks are going to be, I think, our main resistance moving forward
▶ 32:48 - 55k: Support (mean reversion models put 55k in the bottom 5% of all days):
And if we get to 55k, we're in the bottom 5%.
▶ 29:12
Their own position: Not said.