THIS BITCOIN RESET CHANGES EVERYTHING… transcript

Right now, something very crazy is happening to Bitcoin. Because while the price on Bitcoin has seen a big drop, the funding rates on Bitcoin are starting to go negative and are moving in a downward trend. And this means only one thing. More shorts than longs are being opened or are currently open in the market. So, in today's update video, I'm going to talk exactly about what the next move for Bitcoin is going to be.

Yesterday, I did took a slight little trade on this exact low right here. And this exact trade right now is in about $40 to $50,000 in profit right here. And on today's update video, I'm And on today's update video, I will be obviously talk about the upcoming opportunities, this weekly candle close that Bitcoin is about to get in the following days and what this will obviously mean for Bitcoin next year. So, a lot to discuss on today's update video, whether this level of support is just a trap like we saw back in June 2026 or if this is just another stepping stone before Bitcoin is going to be actually sending it higher.

So, without any further ado, don't forget to once again slumber that like button back above 900 likes. That will be highly appreciated. And let me jump straight away into today's update video. So, Bitcoin obviously already confirmed to break out above the 50weekly moving average. But if this weekly candle is going to be closing with just one gigantic wick on the top side and the body is going to close in the red, it is actually going to be starting to look a little bit more bearish for the following weeks here.

So, we need to be looking very closely at this exact weekly candle on Bitcoin. Today is going to be the most important day for the closure of this weekly candle since today is the last official trading day and after this it's going to be weekend and usually during the weekends volume is always significantly lower. So not a lot of changes are most likely going to come in. But if Bitcoin does manage to be breaking especially above this high of about $86,000 I would say that this is going to start look to look even better.

But as long as we're at least closing above this previous May high, I do think Bitcoin is still primed to be going much higher. I mean, in yesterday's video and the video before that, I discussed the fact that Bitcoin is indeed creating a major bearish divergence, just like it is doing back in 2023, but historically, a bearish divergence doesn't necessarily mean that Bitcoin does need to see a big breakdown towards the downside. it more so tells us that we're about to go in another consolidation phase.

So there are two possibilities. Either Bitcoin invalidates still the bearish divergence with another move towards the upside which in my opinion seems very unlikely right now or Bitcoin consolidates a bit here or you have the scenario that of course Bitcoin does see another breakdown towards the downside. In either any of these cases, there will be many opportunities to come because obviously if Bitcoin does come towards this region, I've spoken about it so many times already, I think Bitcoin is primed to see a very strong bounce and it will give us a very great entry to of course long for the upcoming Bitcoin bor run.

And actually, if I'm going to be looking at what is the most likeliest scenario right now here, I actually do think that there is one final push at least going to come here before Bitcoin is going to create somewhat of a local top here because as of for now, we are seeing that the funding rates are starting to go negative. Well, the open interest is again starting to build up and here you saw a big squeeze here, which means that we did saw a big long liquidation on Bitcoin.

So, the longs got wiped out here. There are now more shorts active than long positions. And historically, that does mean that there is more fuel to the fire. Yeah, in this case, that means that Bitcoin does have more possibilities to push up a little bit higher. And actually, if you look where it came back to, it exactly came towards that fair value gap here sitting around $83,000. And that is why I did yesterday open up a small little long position on Bitcoin exactly on this region right here.

And yeah, actually Bitcoin did saw a very strong bounce from off this level. I did share this trade also in the Discord community. So guys, if you haven't already joined the Discord community, don't forget to join it also over there. But basically, I opened up a small little Bitcoin long trade. I already put my stop loss here at the level that basically means that I'm currently running this trade completely risk-free here.

So, if Bitcoin does come back down here to $83,000, I'm going to get stopped out here and it will be just closing my profit, not at a pro and it will be just closing my trade not in a profit but also not in a loss. But in case Bitcoin does really run from of this pattern which we're currently creating from this pattern which we're by the way on the lower time frame are creating this inverse head and shoulders pattern.

If it is going to be breaking this high right here sitting around 84.8K, 8K. It could be potentially created another big run towards the upside. And then in my opinion, if I'm going to be looking at price targets, this could be running all the way up to this red box right here sitting around 88 to about $89,000. And that obviously then would be giving us an insane riskreward setting. And that would right now literally give us an insane risk-to-reward setup on Bitcoin right here.

So this is my exact strategy on this trade I'm currently taking. Of course, I'm still in my major long trade as well that I was copy trading, which now is sitting in more than $1.3 million still in profit. I will be looking probably to hedge my positions a little bit here around that $89,000 level. So, of course, whenever Bitcoin does see a major pump here, I will be joining you guys live on the channel to take a trade most likely live here on YouTube.

Right now, as of for now, you can see that Bitcoin is actually bouncing from this previous high right here. So, we just have to wait and see how it is going to be reacting. But guys, if you also want to be trading yourself, there is right now a very great campaign available because if you sign up an account using this first link below in today's video description, you will come to this page. And on this page, you can see the exact campaign we're currently running.

We are running a lifetime VIP2 status if you write a sign up account using that first link below and a 30-day VIP3 experience which means that you're getting all the way up to a 30% fee rebate on the exchange here. So, if this does sounds interesting for you, make sure to straight away check it out in the first link below because it's only valid for the first 300 users only. And on top of that, they're giving away a free $1,500 Bitcoin airdrop position after you deposit $100 and hold it for three days on the exchange.

So yeah, if you want to be checking it out here, you can just sign up account using the first link below and then come to this landing page to see your progress to of course get this free $1,500 trade as well here. So if this does sounds interesting for you, don't forget to check it out in that first link below in today's video description. Then still, well, actually yesterday, Bitcoin did saw a major dump towards the downside on the Bitcoin ETF flows.

We still saw positive flows here. Approximately $200 million in terms of inflows actually came into the market. And again, that proves again that there's been a lot of people distributing Bitcoin. But right now, what we're seeing here is just a change of hands. And as soon as the people that want to be changing their their hands on Bitcoin are going to be wiped out, Bitcoin will be ready for the next move towards the upside.

But as of for now, in terms of a trading perspective, where the major resistance is laying is exactly this region right here. And I can see this also from the large order chart. 10 to$20 million in Bitcoin limit orders laying around that $85,000 level. So, the moment we're going to be breaking through that, honestly, the next realistic target is going to be$86 to $87,000, which would be, of course, a very nice target for Bitcoin.

And so far, we've bounced exactly from this previous range high. And let's see if we can hold on towards it or if we're going to be breaking below it. And in my opinion, it is going to be just a little bit likely that we're first seeing a side of a push higher before ultimately we do come down again because no chart goes up in a straight line. But just like you see if you're looking back at 2023, the moment we first confirmed the bearish divergence, actually we moved down and then we created another few highs here before the real correction got started.

And I think something similar on Bitcoin is very likely to happen because then we will be again squeeze out all the short positions then squeeze out the long positions again here. So that would make in my opinion the most amount of sense here. So that is exactly the game plan I'm looking for on Bitcoin. Ethereum on the other hand is struggling a little bit more on this weekly time frame. I am still looking at an entry for a long position as well on EVE, but so far didn't exactly found it yet here.

The moment I'm going to be finding this, you will be the first one to know here, but so far Ethereum is of course still confirming an higher high structure on the daily time frame as B already confirmed the breakout of the previous May high uh back in 2026. So things are looking good. And in terms of major support targets, I would definitely approach this level right here where we already bounced from a couple times before here.

So this is it for me in today's video. If you did like the video, don't forget to subscribe to the channel. That would be highly appreciated. And see you guys on the next one. Peace out. Goodbye.