I have been warning you for the last 45 days that a big dump was coming and now it’s 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 115K–116K is possible, but after that I expect another leg down toward 100K, and potentially lower to 90K. I’m still holding my 50% short position. If anything changes or I close my position, I’ll update you. Remember I mentioned earlier that if BTC went back to 125K–128K, I would add more shorts and that plan hasn’t changed.
Till Monday, I expect some volatility, but Monday’s price action will give a clearer direction.
🔸 Weekly: BTC touched the long-term trendline again → clear rejection happened. 👉 Until we get a weekly close above 125K, the risk of a major pullback stays high.
🔸 Daily: Price is inside the 110K–125K supply zone. Structure is weak. If price breaks and resists below 110K, then 100K is the next target.
📊 My Trade:
✅ First target 105K hit Holding 50% shorts, expecting a bounce to 115K, then lower.
For the last 40 days I’ve been telling you guys I’m bearish on $BTC. We already dropped almost 8K twice, but every time Bitcoin reclaimed the levels again. Right now it’s trading around 18K to 119k but nothing has changed for me. I’m still bearish.
I’ve said many times that the 115K to 124K region is a short zone, not a long zone. If you’re still holding longs, I’d strongly suggest you flip to shorts because the chart is flashing multiple top signals.
Don’t get trapped by hype like “Bitcoin to 1 million by the end of this year.” That’s just noise. The structure is weak, liquidity is being engineered, and the bigger downside move is still ahead.
$RSR breaking out of its downtrend structure, reclaiming key resistance around 0.0019. Holding this level could trigger a strong upside move toward 0.0035–0.0040, but a drop back below 0.0015 would invalidate the bullish setup.
$FET is currently running in loss, holding until the stop loss is hit. If it triggers, a recovery signal will be shared.
Recent $BCH and $HBAR signals are still showing weak momentum due to overall market conditions. BTC has already closed the weekly candle above 72k, which increases the chances of this being a fake pump setup rather than a sustained move.
$BTC is finally attempting a breakout from the range and is pushing above the 72K level. As I’ve been saying for weeks, this level is key. We don’t need a random wick above it, we need at least a clean daily, ideally a weekly close above 72K to confirm real strength.
Right now, the breakout is happening but not confirmed yet. There is still time left for the weekly close. If Bitcoin holds above 72K, we can see continuation toward 77K, 82K, 85K, even 88K.
But let’s be clear. Even if this move plays out, I still see it as a temporary pump, a liquidity grab, not a real trend reversal. My higher timeframe view has not changed.
The bigger picture is still bearish.
After this relief move, I expect Bitcoin to roll over again and move lower, with targets below 50K and possibly 44K–45K.
Positioning: I already took profit on my previous long. Right now my focus is fully on shorts. I’m building short positions between 79K–85K, the same distribution zone I’ve been mentioning for weeks.
Macro view: Nothing supports a strong bullish trend. Big players are still selling across both crypto and stocks. At the same time, global tensions remain unstable, especially around US and Iran developments.
One more thing to understand, markets are being heavily influenced by narratives. Political statements, especially from figures like Donald Trump, often shift direction quickly and can be inconsistent. These headlines create short-term volatility, not real strength.
That’s why I don’t trust these pumps.
Plan: No chasing Wait for confirmation Short the resistance
If the market shows real strength and holds above 72K, I will adjust. Until then, this looks like preparation for the next move down.
$BTC is still trading inside the same $54K–$72K range, and nothing has changed from last Sunday.
Price pushed again toward the range high but failed to hold above it. No breakout, no new structure, just another rejection. The market is still doing exactly what we expected, moving sideways and building liquidity.
As I’ve said many times, this is not a trending market. This is a range phase.
Now coming to the important part.
A fake pump is still very much possible.
Right now, the market is highly sensitive to macro news, especially the ongoing US–Iran situation. If peace talks get finalized, we can see a short-term relief move or fake breakout toward $75K–$80K.
But understand this clearly: That move will likely be liquidity driven, not a real trend reversal.
If there is no positive outcome from these talks, then nothing changes. Bitcoin will continue to move inside this range, just like it has been doing for weeks.
My view stays the same.
This is a distribution phase, not accumulation.
Strategy remains simple:
Below $60K → I look for short-term longs $80K–$85K → I add more shorts
Until we get a confirmed breakout or breakdown, everything inside this range is just noise.