Bitcoin's Last Drop? Not So Fast!
45sThe claim that the weekly close shows no major movement and the lack of interest is a contrarian take that sparks curiosity.
▶ Play Clip"Title hints at a final drop but content is a balanced analysis, delivering on the promise with some filler."
The video provides a detailed technical analysis of Bitcoin's current market state, focusing on the weekly and daily charts to identify accumulation patterns and key support levels. The analyst discusses the importance of maintaining exposure despite bearish trends, highlights the risk-reward ratio at current levels, and reviews recent market news including Strategy's Bitcoin sales and geopolitical tensions.
The weekly candle closed with no significant body, showing shadows on both sides and low volume, indicating a lack of interest and no clear direction.
The pattern shows losing lows without continuous drops, typical of accumulation. This suggests the region around 57,800 is a zone of interest, not a precise price.
The analyst believes a loss of 57,000 is still likely due to lack of triggers or volume increase, but exposure is necessary due to advantageous risk-reward.
Current levels offer a potential 20-25% upward movement, making exposure to BTC extremely advantageous despite the bearish trend.
The 4-hour chart shows a point of interest (POI) between 61,000 and 60,000, with high volume and liquidity captures, making it a key support zone.
For the structure to hold, price needs to react strongly in the 60,000 region, validating it as major support and a potential stop-loss base.
Strategy sold 3,600 BTC for $216 million, a trader-like move. The analyst views this as positive, averting a potential black swan event.
In less volatile markets, profitability depends on liquidity, not just holding. The next bull market may only reach $180,000, not $1 million.
Attacks on Iran are predictable and likely to have diminishing market impact unless major escalation occurs.
Upcoming inflation figures could cause volatility, especially with indices at all-time highs and showing distribution patterns.
Gold shows a drift pattern that typically breaks downwards, offering short-term trading opportunities but requiring longer holding periods.
Altcoins are only for short-term scalping; no hype exists. Beginners should avoid altcoins and consider fixed income until a new hype cycle.
Even if BTC drops below 60,000 and 57,000, it's a bottoming region. Start positioning for the next bull market without being aggressive.
The analyst advises maintaining a balanced exposure to Bitcoin, focusing on the 60-61k region as a key support, and preparing for a potential bull market recovery while avoiding aggressive trading and altcoin speculation.
What pattern does the weekly chart show according to the analyst?
An accumulation pattern with losing lows without continuous drops, indicating a region of interest.
00:45
What is the key support region mentioned for Bitcoin in the short term?
Between 61,000 and 60,000.
04:31
Why does the analyst view Strategy's Bitcoin sale as positive?
It averts a potential black swan event and shows a trader-like strategy, reducing the risk of failure.
09:55
What is the predicted next bull market target for Bitcoin?
Around $180,000, not $1 million.
11:22
What advice does the analyst give for altcoin trading?
Only short-term scalping; avoid building portfolios until a new hype cycle emerges.
15:49
Risk-Reward Advantage
Highlights the potential 20-25% upside, making exposure attractive despite bearish sentiment.
03:32Strategy's Sale as Positive
Reframes a seemingly bearish event as bullish by reducing black swan risk.
09:55Next Bull Market Target
Provides a concrete price prediction, contrasting with previous $1M expectations.
11:22Positioning for Bull Market
Encourages gradual accumulation despite current drop, emphasizing long-term strategy.
17:34[00:03] drop. Yes, we're on the last drop before the next one, okay? And here's a very important point to note, folks, because in yesterday's weekly chart , we had a closing that didn't show any major
[00:17] movements or significant conclusions for a more effective chart analysis, okay? We had the closing of a candle here, right, practically without a body, right? we had shadows both at the top and bottom, but the opening and
[00:31] closing of this candle, folks, were practically in the same region, right? But it trading volume, a lot of volatility, but low volume, okay? So it's a complete lack of interest. This weekly closing here, folks, doesn't
[00:45] tell us much, right? So, there's no point in us doing an analysis right now on the weekly chart. But on the very interesting pattern, which is the Wof accumulation pattern, where
[00:59] basically, folks, we're losing the lows without a continuous drop, okay? This is a typical accumulation pattern, okay? We've already had an initial movement here indicating a loss of support, right? A very interesting development. This
[01:14] this other bottom here. After that, we had another breakout, another bottom loss, right? A search for liquidity without continuity, right? This alone means that we've eliminated the risk, that we've definitively stated that, well, you
[01:31] know? 57800 is a BeMarket fund, from here it's all moon, $000, no. But this shows us that this region is a region of interest, it's possibly a
[01:43] background region, okay? Region is not a price. People often get this confused, market, right? The difference is that if we set a price, for example, "Look, it's going to hit $2,000," I'm setting a price. The region is a bit larger than that,
[01:57] are starting out, but for those who already have a little more experience in the market, they know that the price range is often worth more than the market rate, which is much more difficult, okay? So, by itself, you can't say that this was the
[02:11] end, okay? We could still see a loss of 57,000 from that fund , which I personally believe is still the most likely scenario, okay? We don't have anything, no trigger, no increase in volume, or even
[02:24] a more extended sideways movement that shows me that 57,000 was actually the end, right? But here, folks, we can't do without exposure anymore. I see a lot of people in the market right now, okay? It's simply zero out of BTC, whether
[02:38] matter, okay? The person simply abandoned the market because, "No, I'll buy lower, I'll buy when it reaches 55, I'll buy when it reaches 50,000, I'll buy when it falls below 40, right?" And this
[02:54] , in my opinion, is a mistake, right? So aggression? Basically, you're either winning or burning through almost all your cash buying in these regions. Why? Because we don't have
[03:06] confirmation either. So, at this point, the ideal thing for you to do is stay in the middle, okay? Yes, you do have an exhibition, right? And then it will depend on your strategy, way I can make a generic video here on YouTube, telling you, "Look, what
[03:20] no way for me to know your risk profile, there's no way for me to know your experience in the market. So, each case is different, but in fact, prior exposure is necessary here . The risk-reward ratio of having exposure to BTC here is
[03:32] extremely advantageous. Look, we're already in deep trouble, folks. Any trading, we're already talking about a movement of maybe 20, 25% upwards, okay? What's really interesting, and speaking of longer timeframes, is
[03:48] the possibility of a bull market recovery—BTC will one day return to a bull market, folks, that's a fact, okay? The altcoin market, yes, that market is saturated, that market needs a new hype. Perhaps the altcoins
[04:01] you even have in your wallet will never go up again, but BTC itself, folks, that remains quite healthy for now, okay? And if we go back to that historical peak, 100% upward movement, right? It doesn't mean it will happen in a month, it does
[04:17] n't mean it will happen next week, but it is a region in terms of cost- benefit, risk, and return that is extremely interesting, right? Okay aware that you can't be aggressive yet, you can't sell your
[04:31] Jota, we need to be a little more cautious, right? But don't go without exposure right now, okay? In shorter timeframes, we can see that at 4 hours, okay? The region of real interest for this movement, folks, is this
[04:45] region here between 61,000 and 60,000. Why? Because we have a POI, okay? One point of interest here is clearly marked in shorter timeframes. No, 4 hours, okay? If you're not very experienced in technical analysis,
[04:58] have this type of pattern here, where the shadow as well, not just the body, okay? There's a lot of volatility in this region. Then we had another engulfing event here, an engulfing event going
[05:10] down, an engulfing event again. And after that, we had a recovery. This is point where we had a lot of arguments, okay? At one point, liquidity was captured at the top, liquidity was captured at the bottom, clearing that region, and here we
[05:23] . We noticed that this was actually the point with the highest volume in this , for example, 30 minutes, this becomes much more evident, okay? We can see this here in shorter timeframes, okay? Look, we had
[05:39] liquidity capture going downwards, it went back down, retested, and then it went up, okay? So we had a very well-defined POI here, right? He'll be here in 30 minutes , right? But the 4-hour timeframe everything is fractal within technical analysis. We can see that
[05:52] here, just by looking at the candles, okay? So, for those who think that quite useful, but it 's not, you know, the silver bullet of the market, market analysis theories, you'll simply never be wrong again, right
[06:07] ? So, people often focus too much on studying, on risk management, having a validated operational plan. That's what always being right, right? People who always try to be right in the market are the ones
[06:22] who lose the most money in the market, okay? Always look for a risk-reward ratio, a cost- benefit analysis, understanding that the market has no obligation to pay you, right? People get this obsession, you know, that you
[06:36] , right? The more you study the market, the more you analyze the market, the less you tend to trade, okay? You become much more meticulous in your operations, right? So, in the short term, the strongest trend is
[06:49] around this region of 60,000, okay? To set up this structure, keeping this weeks, it's important that we see a lot of price reaction here in the 60 region, right? Because that's when we can truly validate that region as a major
[07:02] support level, and then we can use it, for example, for no way to put a stop sign in this area. It still tends to be captured, okay? Even though there's already been a retest here, in my opinion, we're
[07:15] still likely to invade this region, right? And then, staying here, we can use this as a stop-loss base for shorter trades, right? At least in longer timeframes like 4 hours, right? If we explore
[07:28] this region, then yes, this becomes a very large supply point. So short selling operations in this region as well, okay? So that's it for the short term, okay? What am I doing here, guys? I have a structured position, right? It's
[07:42] more like a position trade, isn't it? And I'm focusing more on trading on in this current market situation, my profitability is coming from that, right? It's not rich, okay? You can only make a lot of money in the market during bull markets,
[07:57] okay? In bull markets, right? Bull marketing, be marketing, you want to survive in the market. That's why, in particular, right? There's no reason for me to be market simply isn't structured, it's operating
[08:09] sideways, okay? In my market theory, we'll still need to structure this for a while longer, just like in other cycles. It will take some time before we see those big boosts, but this is where we start planting, little
[08:21] by little, slowly, without being too aggressive, and maximizing profitability with minimal risk, okay? This is the operational side of we need to have at BeMarket, okay? Good marketing? No, good marketing... we
[08:34] But we need to have that dynamism, at any moment, right? So, for the short term, that's it. We're creating an accumulation pattern here on the daily chart, okay? In the weekly chart
[08:48] we also see this pattern, but it 's much slower, right? And shorter timeframes, such as 4 hours. In my opinion, what we need to analyze is the price reaction here in the 60,000-61,000 range,
[09:00] quantitative terms, we have an increase in OI (Oil Investment) with a decrease in price. It's not that interesting, okay? But for scalping here on smaller timeframes, we can catch good
[09:12] liquidity up here, then seeking liquidity down here, we can Let's quickly go over the week's news, shall we? We had a strategy here, right folks, selling stocks, right? And leaving the payment in dollars, okay?
[09:27] So, the biggest maximalist, right, the biggest Bitcoin holder, is acting as a trader, right? He's going for a trader strategy, so he's selling his shares to have cash. OK? This week
[09:40] we also had a sale of bitcoins here, right? Approximately 3,600 bitcoins were sold, okay? So that was Strategy's biggest sale at that time, bringing in at that time, bringing in $216 million in cash
[09:55] as something negative, folks. Personally, I see this as positive, because we are averting, you know, an extremely large black swan event, okay? So, the fact that Michael Sailor, from Strategy, gave up buying
[10:11] Bitcoin, gave up that view of being a holder, of only buying and never selling, in favor of a more trader-oriented strategy, a strategy with more right? This means that Strategy probably won't fail in this cycle,
[10:27] averting at least one of the potential black swan events we might encounter at the very we've always had a strong black swan event to mark the end of the bemark, right? It was in the mark the end of the bemark, right? It was in the last cycle with FTX, right? It was speculated that it
[10:40] might be with Strategy, it still could be, right? But with more cash, folks, it, I personally have seen Bitcoin die thousands of times, okay? And Bitcoin always recovers, okay? And for now, it's exactly the same as the other
[10:55] cycles. We have no reason to operate differently at this time, sold it, I see this as bullish, okay? I see this as something interesting, especially since you, as a maximalist and holder, are like that? BTC's diamond hand,
[11:10] you can think about that too, okay? Liquidity strategy. BTC tends to deliver less volatility; BTC tends not to rise now, for example, in the next bull market to stratospheric levels, right?
[11:22] Previously, people talked about $1 million per BTC unit; perhaps the next bull market, the next marketing campaign, will take BTC to $180,000. For huge increase in value, but it 's not that much higher than the previous peak, right? So
[11:37] for those who just accumulate, you know, buy and never sell again, going through marketing here without liquidity and all that, rethink your strategy, okay? Profitability in less volatile markets depends on liquidity, okay? It's about being the
[11:50] famous trader, right? And not just the holder, OK? Furthermore, we had those attacks here, right, by our dear Orange One against the people of Iran, okay? In my opinion, this is already as predictable as Ukraine and Russia, right? The market
[12:06] will price it in, and soon enough it will simply get tired of this and the price will no longer have the same volatility it had before, unless there's some kind of major escalation, okay, something stronger, the
[12:20] market will probably fluctuate up or down, but without much relevance, right? And this week we also have the economic calendar with the release of the US inflation figures, okay? The thing is, tomorrow's price could bring some
[12:33] that US economic data used to have more influence than it does today, right? But even so, if we have a really bizarre number here, especially because of these new attacks, we could see a
[12:47] somewhat stronger consequence in the markets, mainly because the SP500 and NASDA, which people are correcting, aren't in such interesting regions , right? Notice that they are at an all-time high . That's true, but for purchases
[13:00] here, for the increase in demand, it's not good, is it? A more experienced investor buying opportunity, right? In shorter timeframes, we can already see distribution patterns, which is the opposite of what BTC has been doing right now, right?
[13:14] Basically, we've been breaking through the peak without much continuity, right? And historically significant region, right? There is absolutely no question we can expect here is a reaccumulation, but in my opinion, we're seeing more of
[13:27] a price distribution in the S&P 500 and NASA than a reaccumulation, right? NASA, which is even weaker here than the SP500 itself, right? So all of this could end up generating a downward wave, and BTC might follow suit, albeit with less
[13:41] price movement we might see less intensity, right? Often, these funds are seeking liquidity, right? Seeking that bottom liquidity, accumulation pattern, it comes, loses the bottom, stops out, the guys who simply put the stop here
[13:56] accumulating again, it becomes more sideways again, with time, calmly, okay? We don't need to be aggressive or rush things right now, okay everyone? This is the best time in the market for those who are starting out. Why?
[14:09] right? Whereas in bull marketing, if you blink, the price goes up 5 or 6%. No, no, bemarket, okay? There's no need for all this rush, okay? So we can relax a little, right? Also, notice that in the indices, folks, we
[14:24] have oil here with basically not much movement, right? Despite having new attacks, it goes up and down, but within a certain degree of predictability, okay? Nothing as unusual as what we had at the beginning of the
[14:38] conflict, okay? So, for now, I still see the market as quite stable. I'm we can start to see a little more volatility, right? Gold also shows me a very interesting pattern here , okay? A small drift pattern,
[14:54] typically breaks downwards. So for those who want to trade gold, long positions are also very interesting, okay? But these are positions that you need to hold for a longer period, whether in a position trade, okay? Whether it's in a structured operation or
[15:07] stop out at every bottom loss, right? Because the pattern comes, it loses the loses the bottom and returns. And if you're constantly trying to chase the bottom, you 'll just keep getting stopped out for nothing, right? That would negatively impact your cash flow, right? In the
[15:22] particularly interesting. We have some pretty hard falls, don't we? Like Sangisk today, for example, right? It's coming down quite a bit, but this is a correction of before, okay? So this is a movement, in a way, a pump and
[15:35] dump that we had in the stock market, but nothing so... amazing , okay? I have, I'm keeping an eye on other stocks here, you know? But nothing that interesting, at least not for us to share with you all, right? And in the
[15:49] crypto market, right, in altcoins in general, folks, it's that old maxim that I've been talking about in many, many analyses, right? Only short- term trades, only scalping, okay? There's no point in you constantly buying, swing
[16:01] trading, building altcoin portfolios, and so on. Ah, but the dominance chart, that thing is useless , okay? Forget about this place. Until we have some interesting hype, okay? Until we see
[16:13] 16-year-olds becoming multimillionaires in the market, we're not going to see altcoins performing well, okay? The sector that, in my opinion, would be the RWA, is going in a different direction, which is the autocenization
[16:29] of what we already have, but not through protocols, not through new platforms and simply through exchanges, right? The brokerage firm is now offering
[16:41] brokerage firm is now offering existing stocks, directly promoting liquidity. So RA is brokers themselves. So for now, guys, I don't see any hype, okay? To be completely honest
[16:55] with you, there are occasional opportunities, there are pump and amp patterns happening, but these are operate, especially for those who are just starting out. So we need to be extra careful here, okay? So my advice is, if you're just starting out,
[17:09] don't focus on altcoins, wait for a better moment, wait for some hype, you know? And at this point, look, leaving the money idle in fixed income investments is best, okay? It's more worthwhile than trying to trade altcoins here, okay? I don't know if you
[17:21] short-term trading in the 5-minute timeframe, right, catching a pump and up movement here and there. Other than that, folks, there's not much else to do, right? So, let's keep an eye on our beloved BTC, especially in the 60-61,000 range;
[17:34] we need to see a reaction, right? This is our point of interest in the short term right now, but keep in mind that even with this drop, folks, even after passing this 60,000 region, even after losing 57, we 're already in a bottoming-out region, it's already
[17:47] worthwhile to have some kind of disposition. Don't sell your mother-in-law, don't think about the money, but start setting up your positions for Bullmart, you know. you think, when you think we're going to create a fund, and what the
[18:01] price will be. I know it's all guesswork, right? But tell me in the comments what analyses you're observing in the market. And if you enjoyed this video, subscribe to the channel. Thank you so much for watching.
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