I called the 2026 Bear market before everyone else back in 2025 on December 27th and it's playing out exactly as anticipated
My conservative target was $69,000 which we'll reach soon but based on the current price action it's not a good/smart buy area so save your money. We might get a little reaction though.
$48000 area is where you want to buy with confidence not before then. Because that's the nearest area where we have a prior strong resistance that the market can flip to use as a strong support.
You don't need any onchain data, Moving averages,indicators or fundamentals. The price action reveals it all .
If you're a trader keep shorting until $48000. And if you want me to teach you how to, then send me a dm for info and follow for the daily trades.
Also engage whenever I post something you like this feedback will help me create more in demand content.
#bitcoin #BitcoinCrash
Could #bitcoin fall to 72k today??
Am expecting bitcoin to do similar price action to the chart on the left today.
Big drop followed by 1 day of relief then continuation without deep correction.
I say this because I see clear big selloff signs for alts already setting up and alts correlate with btc.
So if they're gonna have a big sell off that could mean btc will dump as well.
Alts are more risky and thus investors tend to want to get rid of them first and their PA sets up for sell sometimes before bitcoin acting as a leading indicator.
We could hit 74 to 72k on the drop or lower if people start panic selling.
With that being said I could be completely wrong so make your own conclusions my money is on shorts and my bear market bottom is around 48k.
#btc $btc
A little over a week ago we detected active market manipulation on our token that was being carrier out as a multi-venue strategy with an overwhelming short-bias active.
We are currently working with our trusted partners and their internal market surveillance teams to identity and stop the bad actor.
We have active market surveillance logging as well, and have internally already collected gigabytes of data.
To be abundantly clear, we do NOT believe any of our CEX partners are involved in this. We cannot say the same for CEXs we had no relationship with who listed our token on their own (such as MEXC where the most instances of spoofer orders are being logged).
Earlier today myself and a group of 20 of our top token holders actively deployed a strategy to combat the on-going price suppression via order book spoofing.
Our goal was to hurt the profitability of this bad actor without getting into an all out capital war. In short: we wanted to hurt their profitability through a series of unpredictable actions.
This takes a lot of coordinated effort but we almost immediately noticed instances of order spoofing reduce and change shape as their (most likely automated) system struggled to adapt to what was very intentionally unpredictable from our side.
Again, we trust and believe that working with our great CEX partners will put a stop to this behavior moving forward. Until that happens we will continue to make their life as miserable and unprofitable as possible.
How you can help:
Don’t high leverage long this token.
If you want to transact with the token (either buy or sell) do so as you normally would, via responsibly sized spot orders.
As I hinted at in my post a few days ago, pay very little attention to CEX order books.
Rely on your personal conviction, not intentionally noisy signals meant to confuse and persuade you to take actions.
If your conviction says to sell, than you should. If your conviction says to HODL, than you should. If your conviction says to buy, than you should.
More to come.
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🚨 Special Announcement 🚨
To celebrate the kick off of our $WhiteWhale Season 2 we will burn 🔥 100 tokens for every ❤️ & RT of this post, up to 5% of total supply.
You have until January 16th, 17:00 UTC.
- From The Depths
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