It is not exactly $80,000 but a bit higher, right around $80,600. The other exchange we looked at the barrier was around $80,650, so you can see what needs to happen for $90,000+ to become active.
Once resistance is broken, it is never the end. A break of resistance signals the start of sustained growth. Bitcoin breaking this major level now does not mean the market will reverse the next day, au contraire, it means we are set to experience something awesome, something not seen in more than a year—a strong bullish wave.
I know you know what I mean because we've been here for so many years. We've been tracking the market, engaging the market and exchanging for so long, almost a decade. It's been 9 years since I joined TradingView—Thanks a lot for your amazing and continued support.
A bullish wave can last 5-6 months easily. There are phases within these months. This is the standard bullish wave by the way. A bull run would look much different and the below description doesn't apply. This is for standard bullish action which now happens only once or twice per year within the Cryptocurrency market.
So, 5-6 months growing, no new lows. The first 3 months tend to be a recovery, sideways and consolidation. Think of August 2024 through November 2024. Right?
Then Crypto went hyper bullish in late 2024. We are seeing a repeat in early 2026. The same happened in late 2023.
6 months of growth but the first few months were a process of build-up.
Think of this year, February through May 2026. Then Crypto goes hyper bullish in May, June, July. The first three months, 6-Feb. - 6-May, is the consolidation phase, the build-up process. The next two months, May and June, or May, June and July, we can get massive bullish action. Then comes a correction and this one can last several months.
The correction after this bullish period can be followed by another period of rest, or hyper bullish right away. Still too early to say.
Back to Bitcoin... The chart looks great.
Bitcoin (BTCUSDT) is facing the final barrier. Just as we had to flip the April 2025 low at $74,500 from resistance to support, the same is happening again. This time it seems easier though because we already have some momentum, people are waking up, the market sentiment changed, FOMO is starting to kick in.
All is good. Expect additional growth. The bullish bias will only intensify. You can tell because the bears haven't given up. When you see 1.2B liquidated worth of short positions in a single day, that's when you know the bears will turn and join the bullish wave. At this point, we go even higher after some short-lived volatility. It will be a while before the market turns bearish again.
If conditions change though, we will adapt to the chart. We focus not only on Bitcoin but the entire market. If Bitcoin starts to retrace but the altcoins remain strong, it means that no correction will develop, at worst a pause. If the altcoins start to crash once Bitcoin hits a strong resistance zone, this can reveal that a prolonged period of bearish action is upon us. Not now, only now we are turning green. All the planets are still forward... You know what this means.
Namaste.
Once resistance is broken, it is never the end. A break of resistance signals the start of sustained growth. Bitcoin breaking this major level now does not mean the market will reverse the next day, au contraire, it means we are set to experience something awesome, something not seen in more than a year—a strong bullish wave.
I know you know what I mean because we've been here for so many years. We've been tracking the market, engaging the market and exchanging for so long, almost a decade. It's been 9 years since I joined TradingView—Thanks a lot for your amazing and continued support.
A bullish wave can last 5-6 months easily. There are phases within these months. This is the standard bullish wave by the way. A bull run would look much different and the below description doesn't apply. This is for standard bullish action which now happens only once or twice per year within the Cryptocurrency market.
So, 5-6 months growing, no new lows. The first 3 months tend to be a recovery, sideways and consolidation. Think of August 2024 through November 2024. Right?
Then Crypto went hyper bullish in late 2024. We are seeing a repeat in early 2026. The same happened in late 2023.
6 months of growth but the first few months were a process of build-up.
Think of this year, February through May 2026. Then Crypto goes hyper bullish in May, June, July. The first three months, 6-Feb. - 6-May, is the consolidation phase, the build-up process. The next two months, May and June, or May, June and July, we can get massive bullish action. Then comes a correction and this one can last several months.
The correction after this bullish period can be followed by another period of rest, or hyper bullish right away. Still too early to say.
Back to Bitcoin... The chart looks great.
Bitcoin (BTCUSDT) is facing the final barrier. Just as we had to flip the April 2025 low at $74,500 from resistance to support, the same is happening again. This time it seems easier though because we already have some momentum, people are waking up, the market sentiment changed, FOMO is starting to kick in.
All is good. Expect additional growth. The bullish bias will only intensify. You can tell because the bears haven't given up. When you see 1.2B liquidated worth of short positions in a single day, that's when you know the bears will turn and join the bullish wave. At this point, we go even higher after some short-lived volatility. It will be a while before the market turns bearish again.
If conditions change though, we will adapt to the chart. We focus not only on Bitcoin but the entire market. If Bitcoin starts to retrace but the altcoins remain strong, it means that no correction will develop, at worst a pause. If the altcoins start to crash once Bitcoin hits a strong resistance zone, this can reveal that a prolonged period of bearish action is upon us. Not now, only now we are turning green. All the planets are still forward... You know what this means.
Namaste.
Trading Cryptocurrencies can be the hardest undertaking ever without the right trade-numbers, without accurate private-access information. Free is free, but the best always requires sweat, an investment. Since 2017 👇
t.me/masteranandatrades/8778
t.me/masteranandatrades/8778
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Trading Cryptocurrencies can be the hardest undertaking ever without the right trade-numbers, without accurate private-access information. Free is free, but the best always requires sweat, an investment. Since 2017 👇
t.me/masteranandatrades/8778
t.me/masteranandatrades/8778
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.