--- title: 'Bitcoin: Watch These Levels!' source: 'https://youtube.com/watch?v=S8c9F7HzQ90' video_id: 'S8c9F7HzQ90' date: 2026-07-24 duration_sec: 394 channel: 'IKIGAI' --- # Bitcoin: Watch These Levels! > Source: [Bitcoin: Watch These Levels!](https://youtube.com/watch?v=S8c9F7HzQ90) ## Summary The video analyzes Bitcoin's current 30% downward momentum, reaching the 0.382 Fibonacci retracement level. The creator expects further decline to the 0.618 level (~$35,000) but outlines key levels to watch for a potential trend reversal. He shares his strategy of gradual buying using dollar-cost averaging while maintaining an investment reserve. ### Key Points - **Market Overview** [00:01] — Bitcoin has experienced 30% downward momentum over the past month. The creator shares his vision and current actions. - **Fibonacci Levels** [00:57] — Bitcoin has reached the 0.382 Fibonacci retracement level from the previous bull market. If broken, the next target is the 0.618 level at approximately $35,000. - **Expected Scenario** [01:39] — A small local upward correction is expected, followed by a break below 0.382 Fibonacci and a move toward 0.618 Fibonacci. - **Current Strategy** [02:10] — Gradually buying Bitcoin and long-term altcoins using aggressive dollar-cost averaging. Buying small amounts now to stay in the market while accumulating a reserve for further declines. - **Bullish Trigger** [03:16] — If price breaks above the resistance trend line (from the start of the bear market), it would be a bullish factor. The creator would then use part of the investment reserve. - **Two Key Points** [04:02] — Key point 1: Fibonacci 0.382 level – if broken, decline likely continues to 0.618. Key point 2: Resistance trend line – if broken, upward movement may continue. - **Training Program Launch** [05:26] — Announced the first stage of the Gaistart training program: 45 lessons, ~100 tests, 3 final tests, and community access for $100. ### Conclusion The creator expects further Bitcoin decline but monitors two key levels: the 0.382 Fibonacci (breakdown confirms bearish) and the resistance trend line (breakout signals bullish reversal). He uses a gradual DCA strategy while maintaining a reserve for deeper drops. ## Transcript 30% downward momentum over the past month. In this video, I will share my further vision of the current situation and also outline the actions that I am currently taking. Hello everyone, friends. My name is Sergey. This is the Kigai Canal. And long-time viewers may notice that I am now in the very same place where my very first video was recorded. My wife, son and I came here for a short time. And of course, it makes me nostalgic. When I recorded the first video, I couldn’t even imagine it. what this will lead to in the future, but that's how it happens. So, I am writing this review because the scenario from the previous review has already been implemented. Here I expected a continuation of the downward movement with a further renewal of the local minimum. Here we saw a continuation of the downward movement and, accordingly, a renewal of the local minimum. That is, the scenario is fully realized, so we can move on. I'll zoom out a bit and mark the Fibonacci retracement levels for the previous bull market in Bitcoin cryptocurrency. Please note that we have now reached the Fibonacci level of 0382. This is the minimum target of the higher degree correction. And now we need to observe the reaction to this observe the reaction to this level. If the Fibonacci level of 0382 is broken, then the potential for a further decline to the Fibonacci level of 0618 will open up. This level is located at approximately $35,000. Since the scale of the current downward correction is not sufficient for a bear market, I assume that the downward move is more likely to continue. I've marked this scenario on the chart. In my view, a small local upward correction should now form, and then the price will break through the 0.382 Fibonacci level and head toward the 0.618 Fibonacci level. Taking this scenario into account, I'll outline the actions I'm currently taking and will take. And now I am gradually buying back Bitcoin cryptocurrency and also those altcoins that I hold for the long term. Accordingly, the lower the price is, the more aggressively I will buy back. So I use the aggressive DCA strategy, aggressive dollar cost averaging. And I will immediately answer the question of why, expecting a further decline, I am still buying now. Because, of course, no one knows where the market bottom will be. This bear market may not be like the last one. It might be shorter, it might be longer. Nobody knows. Therefore, I am buying back a small amount now in order to stay in the market, and I am also gradually accumulating an investment reserve that I will use in the event of a further decline. Let me remind you that I have personal capital, the actions of which I indicate in the KGI Premium channel, and also public capital, the actions of which I indicate in the main Telegram channel, the link to which is in the description. There you can see that in recent months I have not bought anything, but have only been accumulating an investment reserve. I did this taking into account that I expect a further decline, but at the same time I am buying a small volume of cryptocurrency right now. In this case, the question arises: what will I do if this reduction does not occur? And where is that tipping point where I can say the decline is less likely to continue? Let me zoom in on the graph a little. And from the beginning of the current bear market and the end of wave b, I can mark a resistance trend line. I'll mark it in red . Accordingly, if, within the current upward correction, the price breaks through this trend line and consolidates above it, then this will already be a bullish factor. And I will consider using some of the investment reserve when the price consolidates above this trend line, since a consolidation above the trend line may indicate a continuation of the upward movement. Taking into account everything that has been said so far, we now have two key points. The first key point is the Fibonacci level of 0382. If it is broken, the downward movement is more likely to continue to the Fibonacci level of 0618. The second key point is the trend resistance line, broken, we can already see a continuation of the upward movement. Therefore, our main task now is to observe the current local upward corrections. If everything goes according to our scenario, then we will, accordingly, simply accumulate an investment reserve, buy in small quantities in order to trend resistance line is broken, then part of the reserve can be used to buy when a bullish signal is formed. In any case, if anything happens, I will notify you. So please subscribe to this channel if you haven't already . Click the bell and also subscribe to the Telegram channel. And so that there are no questions about my vision and analysis, I will give a short commentary. This is not a forecast of either up or down. I clearly expect further declines, but I have noted two key points to pay attention to. A breakout of the first Fibonacci level point will confirm the scenario of further decline, and a breakout of the second point may indicate a change in the scenario to a more positive one. I have voiced my vision and I hope that it is clear to you. I also have a notification for you . We have launched the first stage of the Gaistart training program. It includes 45 lessons from financial literacy to understanding the market and your own complete trading system. It also includes about a hundred unique assessment tests to think about and three final tests. Moreover, when you purchase Start, you also get constant access to communities with feedback directly from other training participants and from me. Well, without any infidelity or marketing, I will immediately state the price. This set costs only $100, including dozens of lessons, hundreds of tests, and permanent access to the community. The link is in the description. This concludes our video . If you found this like this video and leave a comment to support it. Also, feel free to ask n't subscribed yet. Click on the bell. Subscribe to the the description. I wish everyone all the best, profit, and victory. best, profit, and victory. I love you all and bye to everyone.