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.
Over $10M in shorts were liquidated in the last 24 hours, helping fuel the rally. Whales are still holding $48.86M in longs with roughly $25M in unrealized profit.
Large sell walls remain around $20, making it a potential profit-taking area. However, retail traders continue to aggressively short, leaving the door open for another squeeze before any major correction.
Here we are. The move is playing out exactly as planned.
Back when Bitcoin was trading around 82K, I told you I was building shorts between 79K and 86K while most of the market was calling for higher prices. Today, BTC is trading around 69K.
📉 Move from 82K → 69K = approximately 15.9% decline.
For spot holders, that's a major move.
For leveraged short positions, the returns become significantly larger depending on position size and leverage used.
The most important part is that this wasn't a random call. The levels, the strategy, and the reasoning were shared publicly and updated continuously.
72K was the key support level I kept discussing. Now that price has lost momentum and moved below that region, the market structure looks increasingly bearish.
Can we see a relief bounce? Of course.
Can liquidity still be taken above local highs? Also possible.
But the bigger picture remains unchanged.
My remaining focus is still on the higher timeframe bearish structure.
The short from 82K remains one of the cleanest setups of this cycle, and while many traders were chasing bullish narratives, the market rewarded patience and discipline.
📌 Current View:
• Short zone: 79K–86K ✅
• Major rejection: 82K ✅
• Key support lost: 72K ⚠️
• Current price: ~69K
• Move from 82K high: -15.9%
• Higher timeframe bias: Bearish
The market doesn't pay those who predict the most.
The market pays those who stay patient enough to execute their plan.
$BILL is sitting at a major support zone after a prolonged downtrend, while the descending trendline continues to cap price action. A clean breakout above the trendline and reclaim of key moving averages could shift momentum back in favor of buyers, with the potential for a strong recovery toward the $0.20-$0.25 region 🚀📈
As long as support holds, this remains a chart worth watching closely. 👀
When $LAB funding reaches 2%, I know it's probably getting close to a dump. It might not happen immediately, but historically that's the kind of level where a reversal can occur sooner rather than later. 📉