I have been warning you for the last 45 days that a big dump was coming and now itās playing out exactly. Bitcoin has already dumped around $20K and is now trading near 112K, right at the major resistance zone that has triggered every big correction since 2018.
A small bounce to 115Kā116K is possible, but after that I expect another leg down toward 100K, and potentially lower to 90K. Iām still holding my 50% short position. If anything changes or I close my position, Iāll update you. Remember I mentioned earlier that if BTC went back to 125Kā128K, I would add more shorts and that plan hasnāt changed.
Till Monday, I expect some volatility, but Mondayās price action will give a clearer direction.
šø Weekly: BTC touched the long-term trendline again ā clear rejection happened. š Until we get a weekly close above 125K, the risk of a major pullback stays high.
šø Daily: Price is inside the 110Kā125K supply zone. Structure is weak. If price breaks and resists below 110K, then 100K is the next target.
š My Trade:
ā First target 105K hit Holding 50% shorts, expecting a bounce to 115K, then lower.
For the last 40 days Iāve been telling you guys Iām bearish on $BTC. We already dropped almost 8K twice, but every time Bitcoin reclaimed the levels again. Right now itās trading around 18K to 119k but nothing has changed for me. Iām still bearish.
Iāve said many times that the 115K to 124K region is a short zone, not a long zone. If youāre still holding longs, Iād strongly suggest you flip to shorts because the chart is flashing multiple top signals.
Donāt get trapped by hype like āBitcoin to 1 million by the end of this year.ā Thatās just noise. The structure is weak, liquidity is being engineered, and the bigger downside move is still ahead.
$BEAT is pulling back into a key support zone after a massive 160% rally.
As long as the highlighted support area holds, this looks like a healthy cooldown rather than a trend reversal. A strong bounce from this zone could set up another push toward the $8-$10 range. šš„
Crypto Skull Signal
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Bullish
$BEAT delivered an incredible 89% pump from the highlighted zone. Congratulations to everyone who trusted the setup and stayed patient through the consolidation.
The breakout played out exactly as expected, turning a key resistance area into a strong momentum move. šš„š {future}(BEATUSDT)
$H saw a perfect rejection from the $0.60-$0.80 supply zone, exactly where sellers were expected to step in after the 150% rally.
After reclaiming the 99 EMA and delivering another 60% surge, price ran straight into a major resistance area and was met with strong selling pressure. š
The rejection confirms that the $0.60-$0.80 zone remains a key supply area.
Crypto Skull Signal
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Bullish
$H delivered another explosive 60% rally within 7 hours after reclaiming the 99 EMA, bringing the total gain from the bottom to more than 150%.
Price is now trading within the $0.60-$0.80 supply zone, an area that previously attracted heavy selling pressure. While momentum remains strong, traders should be aware that a pullback or period of consolidation is possible as price tests this resistance range. š {future}(HUSDT)
Listen to me and you'll get rich quick š¤ In just 8 hours $H 0.6$ has already been reached!
Crypto Skull Signal
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Bullish
$H delivered another explosive 60% rally within 7 hours after reclaiming the 99 EMA, bringing the total gain from the bottom to more than 150%.
Price is now trading within the $0.60-$0.80 supply zone, an area that previously attracted heavy selling pressure. While momentum remains strong, traders should be aware that a pullback or period of consolidation is possible as price tests this resistance range. š {future}(HUSDT)
$H delivered another explosive 60% rally within 7 hours after reclaiming the 99 EMA, bringing the total gain from the bottom to more than 150%.
Price is now trading within the $0.60-$0.80 supply zone, an area that previously attracted heavy selling pressure. While momentum remains strong, traders should be aware that a pullback or period of consolidation is possible as price tests this resistance range. š
Crypto Skull Signal
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Bullish
$H has already delivered an impressive 90% pump after breaking out of an ascending triangle pattern.
Price is now testing the 99 EMA, a key resistance level. A successful breakout and close above the 99 EMA could move toward the $0.60-$0.80 resistance zone.
That area remains a major supply zone, so some profit-taking or a temporary rejection would not be surprising after such a strong rally. {future}(HUSDT)
$H has already delivered an impressive 90% pump after breaking out of an ascending triangle pattern.
Price is now testing the 99 EMA, a key resistance level. A successful breakout and close above the 99 EMA could move toward the $0.60-$0.80 resistance zone.
That area remains a major supply zone, so some profit-taking or a temporary rejection would not be surprising after such a strong rally. {future}(HUSDT)
In the previous Sunday update, I told you that the 54Kā60K zone was the strongest support on my chart, and Bitcoin respected that level perfectly. Price dropped into the support region around 59K and then bounced back toward 64K, giving us roughly a $5,000 recovery move from support.
However, one thing traders must understand is that support becomes weaker the more times it gets tested. Repeated touches consume liquidity, which is why I am watching this zone very closely.
I've been telling you for months that markets never move in a straight line. They don't dump straight down, and they don't pump straight up. Markets move in waves. Dump, bounce, dump, bounce. Pump, pullback, pump, pullback. This is how liquidity is created.
Right now, Bitcoin has recovered from the recent lows, but that does not change my broader view. In fact, this is exactly how bear markets behave. Strong relief rallies appear, bullish news starts flooding timelines, traders become confident again, and more long positions begin to build. While everyone focuses on the upside, liquidity quietly starts forming below.
My overall strategy remains unchanged.
The short position remains open, and my 83Kā86K short limit orders are still active.
A few weeks ago, I explained that 54Kā60K was a major support area. We used that zone to hedge with longs while maintaining our broader bearish outlook. That long trade played out successfully. Later, we added shorts in the higher resistance region, and the plan has remained consistent ever since.
Right now, Bitcoin is still trading within the same structure.
If BTC continues to hold the 54Kā60K support zone, another move toward 72K remains possible. If 72K is reclaimed and successfully held as support, then a larger move toward the 83Kā86K resistance zone could follow.
Patience and discipline remain the most important tools in this market.
Crypto Skull Signal
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Bullish
šØ Bitcoin Sunday Analysis šØ
What If BTC Dumps to $40K? š
$BTC is currently holding within the most important support zone on my chart: $60K-$54K.
As long as this zone holds, Bitcoin remains stuck inside a large sideways range between $54K and $72K. Nothing has changed from the levels I've been sharing for months. The overall structure remains the same.
My short position from the $79K-$82K region is performing well and remains in strong profit after the rejection from that zone. I am still holding the position and have not taken profits.
If Bitcoin can reclaim and hold above $72K, then a move toward $82K-$86K becomes possible. That is also where my remaining short limit orders are waiting. If price returns to that region, I will continue building larger short positions.
For now, $60K-$54K remains the key battlefield.
š If support holds, we could see a relief rally toward $72K.
š If support breaks, the next leg down begins, and the probability of seeing $50K or lower increases significantly.
My strategy remains simple:
⢠Hold existing shorts ⢠Watch the $60K-$54K support zone closely ⢠Reclaim $72K = possible move toward $82K-$86K ⢠$83K-$86K = my main short accumulation zone ⢠Main bearish target remains below $50K
Patience wins. The market rewards discipline, not emotions.
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I have seen major market collapses before, including the collapse of Luna and FTX. During those events, many believed the worst was over, but the market continued falling while most investors remained bullish.
My view remains simple: Bitcoin is heavily influenced by large players.
We saw what happened when Luna collapsed. We saw what happened when FTX failed. A single major event can completely change market direction and sentiment.
The difference today is institutional ownership.
Bitcoin may have a fixed supply of 21 million coins, but concentration matters. Large holders have significant influence over liquidity, sentiment, and market behavior.
That is why I never blindly trust statements like, "I will never sell my Bitcoin."
$H has already delivered an impressive 90% pump after breaking out of an ascending triangle pattern.
Price is now testing the 99 EMA, a key resistance level. A successful breakout and close above the 99 EMA could move toward the $0.60-$0.80 resistance zone.
That area remains a major supply zone, so some profit-taking or a temporary rejection would not be surprising after such a strong rally.
Crypto Skull Signal
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Bullish
$H has already delivered a 65% move from the breakout zone š
As long as price holds above the recent breakout area, the recovery structure remains intact and bulls could continue pushing toward higher resistance levels in the sessions ahead. šš„ {future}(HUSDT)