Bearmarket
$BTC: Key Levels to Watch in the MarketKey Levels to Watch in the Market
📉 Bybit hack aftermath:
Destroyed market sentiment
Shook institutional confidence
Killed the national reserve idea (US states considering Bitcoin reserves have now canceled their votes)
🚀 The last push to $99K was all Michael Saylor, spending SEED_TVCODER77_ETHBTCDATA:2B alone.
Is he insane? Buying at the top of the market?
Painful Consolidation Ahead?
We’re sitting at $91K—a crucial support. If Bitcoin fails to hold this level, expect a freefall to $85K, then possibly $81K (major support zones).
From there, Bitcoin can either:
✅ Bounce into a relief rally
❌ Break down into a full bear market if it falls below Support 3
Tough Times for Crypto
Meme coin frenzy scared off retail investors after massive losses.
Presidents rugging people doesn’t help trust in the industry.
Trump’s tariff policies could push inflation up, forcing the FED to hike interest rates.
Any Good News? Nope.
📉 SPX500 is also dropping.
🔍 TruthLabs warns that if a bear market starts, most exchanges and DeFi protocols won’t survive —they aren’t backed 1:1. This could trigger the worst bear market ever.
(See their warning here: x.com)
Final Thoughts
⚠️ Watch $91K—if it breaks, exit the market and wait. No need to get rekt in this toxic environment.
And pray that Tether has enough liquidity to handle the mass exodus. Put your funds on Binance or another reputable exchange.
🔍 DYOR
Bear trap or the beginning of a bear market?A bear trap is on the border between a bear and a bull market. If it is really just a trap, then after a false breakout through support there should be a pullback and a subsequent run to the heights without any chance of buying on suitable positions. However, if it is not a bear trap, then it will only be a confirmation of the beginning of a bear market.
BULL LOOKS PRETTY OVERAfter we had the gap at 78k, it closed as expected, and we saw a significant bounce. However, the bounce brought the price exactly to the gap at 93k xD. By the time CME opens tonight, the current price will have Bitcoin at 93k, creating a new, fairly large gap that will need to be closed between 84-93k.
Is it still a bull market? Or are we already in a bear market?If it's still a bull market, what phase are we in?
Of course, President Trump has complicated all this, as he is taking political and economic steps to stabilize the American economy. For example, the tariffs that he uses as a tool to achieve his goals faster. In other words, in trading terms, leverage. With those tariffs, he turned on the x100 lever and achieved in 2 days what could have taken several years to negotiate. And maybe another president wouldn't have succeeded at all.
Of course, this has a negative impact on the market, as investors don't know what to expect from the market. That's why they are withdrawing their money from the market in general. The same applies to the stock market.
Since America is the strongest economy in the world at the moment, this is also reflected in the world markets in general.
Of course, crypto is taking the most of this, as it is a relatively young market and is still perceived as very risky.
We are in a bull market phase, where we should be growing. But we are not growing because of such a strong fundamental. On the contrary, the market is bleeding. That's why everyone is arguing about whether we are still in a bull market.
When I look at the Bitcoin chart, it seems to me that we are probably not in a bull market anymore.
Dead Bitcoin soon will break 92K support (Bye 100K and Hi 80K) As we mentioned a lot major support which is 92K$ is holding price from falling now for 8Th times and each time a support or resistance touch it gets weaker and soon this support will also break to the downside and below 90K$ we are looking for massive dump and fall and start of bear market for at least 2-3 months and this would be correction and rest for market and bitcoin and after that we are looking for rise and next phase pump for the market and maybe targets like 130K$ and more.
So for now we are looking for correction and dump like the red arrows and for confirmation of bear market and dump major support zone should break soon.
DISCLAIMER: ((trade based on your own decision))
<<press like👍 if you enjoy💚
$BTC Critical Support Retest at 50WMA - Must Read!50WMA is a CRITICAL SUPPORT to watch for ₿itcoin.
Historically, if CRYPTOCAP:BTC closes below it for more than one week, it signals the beginning of the BEAR MARKET.
We’ve only seen BTC close beneath the 50WMA once in its history during a Post-Halving year, and that was in 2021, but then rallied to a new ATH.
People often ask me what would invalidate my bull market thesis;
this is one of them.
I’ll be watching this support very closely, and if BTC closes below it for more than 2 weeks, i’m probably selling a good portion of my stack until we get more clarity in the market.
However, this could very well have been the bottom of this correction.
BTC is known to have a big Q1 drawdown in Post-Halving years.
2013 was a massive -82% correction over a week.
2017 gave us two.
January -34% over 7 days.
March -33% over 14 days.
January 2021 gave us -31% over 14 days.
The current correction we’ve seen with BTC has been the longest over 35 days with -28%.
$75k would be a -31% correction, which would line up perfectly with the previous cycle.
That’s the line in the sand for me.
If we did see the bottom with this 28% correction, that would line up with the diminishing return theory.
BTC FEAR AND GREED INDEXAfter BTC corrects to the $86K level and the Timeline sentiment hit an all time low it got me thinking, is there any correlation between sentiment around pivotal price levels of the market? To find out I studied the "Fear and Greed Index", an indicator that uses a range of sources such as volatility, volume, sentiment, dominance and trends to give a score out of 100. 1 being peak fear and 100 being peak greed.
The results were interesting, currently the FGI is 21/100 (extreme fear) and if you've spent much time on crypto twitter is does feel that way too. However, during this bull market there are two key price areas where BTC had the same score:
Bear market bottom -
When the bear market ended after a full year of brutal selling BTCs price was around $16K with the same FGI score as today with 21. This signaled the end to the selling and began the bull market we have now.
Q2-23 '24 bottom -
For me, the most relevant time to compare FGI with todays score is with the bottom of the bearish trend channel we suffered through in 2024. Although price did wick below this $53,923 level to hit GETTEX:49K , the daily didn't close below it and so the September 6th low is the trend channel bottom. FGI score of 22 provided the springboard for the next leg up.
So with his information the real question is this: Are we still in a bull market? If the answer is yes, then history tells us once FGI reaches these levels the bottom is in and the next leg up is around the corner.
If the answer is no then the printing of a new lower high after yesterdays lower low will be confirmation of bitcoin rolling over.
I am not sure which is true but having a plan for both will be very important.
BTC.D - Doomsday or Expected?Evening fellas,
Remember back then when we would say "only the top 1% will actually make it"
Yeah, what about that? People seem to forget this market is extremely fake, full of shitcoins that will not go anywhere.
Trust me, the bottom for alts is not in. Minimum we go here is 75%.
Once the bitcoin maximalists have acquired enough btc by trading alt/btc pair they will dump everything they got back into only BTC.
Gonna leave this here.
Trade thirsty, my friends.
VIRTUAL - A Long Opportunity or More Pain Ahead?VIRTUAL has dropped over 50% from its all-time high of $5.14, now trading around $2.50. A head and shoulders pattern has formed, with price currently testing the neckline, a bearish sign that could signal further downside. Let’s break down potential targets and trade setups.
Key Levels and Support Zone:
1.) POC from December 2024 Range:
Located at $1.67, a significant level from previous trading activity
2.) Anchored VWAP:
Taken from the lows, currently around $1.62, reinforcing the $1.66 zone as strong support
3.) Fibonacci Retracement (Log Scale):
The 0.382 Fib from the recent wave sits at $1.77, providing additional confluence for the support area
4.) Trend-Based Fibonacci Extension:
The 0.786 Fib aligns at $1.71, further strengthening the $1.70–$1.80 range as a reliable support zone
Trade Setups:
Short Setup:
Entry: $2.836 (Fib retracement 0.618 from the current downtrend)
Target: around $1.80
Stop Loss: Above $3
Risk-to-Reward: 5:1
Potential Drop: 30–40% from the entry level
Long Setup:
Entry: $1.70–$1.80 range
Target: Depends on confirmation and take profit areas. A realistic initial target could be around $2-$2.30
Stop Loss: Below $1.52
Risk-to-Reward: 2:1 or better depending on take profit strategy
Nifty Weekend Update...alert!!!!Hey guys, currently nifty this week fall more then 4%, due to holidays FII are selling highly.
If you see the chart you can see nifty currently just above of 50WMA after huge selling pressure it still above the 50WMA, if this will break next week onwards we will enter a bear market for short term period, so in my opinion this is now a crucial moment so keep cash in hand for buying in the dip.
Another scenario if nifty will bounce break from this level or first breaking 50wma then trap all bears and then bounce back above 50WMA that will also good for nifty to continue its trend to 30K.
ETH Ethereum Bear Market If you haven`t bought the recent Double Bottom on Ethereum:
Now you need to know that historically, Ethereum has shown a tendency to retrace in December before starting a recovery around March. This pattern could repeat this season, with ETH facing selling pressure as year-end portfolio rebalancing and macro uncertainties weigh on the market.
While a brief Santa Claus rally might provide temporary relief, the bearish trend is expected to dominate until March. By then, ETH could trade below $3,000 before regaining momentum, aligning with its historical recovery trend as market conditions stabilize in spring.
Dent Projection for the next 18 monthsNo one gives this info for free, Enjoy it and get rich ,even if u have 10 cents to invest make it happen.
46x on the cards boy, shall this happen we get rich as duck.
A push down in to that zone 0.000650 to 0.000370 is likely to occur.
Then we drop the guns and wait ..... like a ticking time bomb.
Microsoft - Short Term Top Formation!Microsoft ( NASDAQ:MSFT ) could create a short term correction:
Click chart above to see the detailed analysis👆🏻
Almost for the entire year of 2024, Microsoft has been moving sideways and respecting the upper channel resistance trendline. It is quite likely that we will see a correction, considering that buyers are still weak, before we then see the overall trend continuation.
Levels to watch: $350
Keep your long term vision,
Philip (BasicTrading)
Believe it or not, Bear Market is almost finishedhello traders
Bitcoin is outside its price range and approached a strong retracement area that is difficult to pass (MONTHLY IMBALANCE _ RESISTANCE BECOMES SUPPORT _ NOT FRESH DEMAND)
At least for the next period, Bitcoin will return to its price range, and there are other TARGETS that it can reach
Macys an american institution is in a fight for it's life....if it takes out that neckline.
"Macy's founded in 1858.
It is the largest department store company by retail sales in the United States as of 2015.
Macy's operates with over 700 stores in the United States. Its flagship store is located at Herald Square in the New York City borough of Manhattan.
The company had 130,000 employees and earned annual revenue of $24.8 billion as of 2017. ". - wikpedia
#M
Nvidia - Consolidation Before -50% Drop!Nvidia ( NASDAQ:NVDA ) is preparing for the correction:
Click chart above to see the detailed analysis👆🏻
Nvidia is still creating pretty clear market structure and price action and therefore there is no reason to change direction or opinion. Following the previous cycles, a correction of roughly -55% is likely and Nvidia's recent consolidation is a first strong sign of bearish weakness.
Levels to watch: $120. $60
Keep your long term vision,
Philip (BasicTrading)
Bitcoin Market State - September 2024Everything has been moving pretty much as described in my last update half a year ago, however the projection for the top has changed.
It appears as though Bitcoin shall not break through 100k, but will instead front-run it at the 80k region. This is a deviation from my previous estimate, and is due to new data in the last 6 months.
Looking at the economic situation, we have finally started getting rate-cuts. This was one of the criteria for confirming that we are about to enter a recession-induced bear market in the near future.
High point rate-cuts by the Fed are a sign of policy panic, and reaction to a failing economy. The effects of these policy changes take many months to trickle down, therefore 2025 is looking like a losing position with reinforcement far away.
Only when the rates finally get below 1%, do I expect to see liquidity injections into the market.
Be aware, that this would be Bitcoin's first recession, hence the extended downtrend in both price and time.
The timeline remains the same for the top projection (November 2024 - March 2025), and the bear market target remains the same too (Sub 10k prices in 2026).
This is not financial advice, and is against popular opinion.
-Hawk