$BTC broke above the $63,000 level.
A daily close above the $62,800 level could push Bitcoin to $65,000.
Losing the $62,500-$62,800 level will result in BTC revisiting the $60,000 level.
I've been actively trading $BTC for over 4 years and I haven't seen a setup this critical in a very long time...
Bitcoin is now at a key level where retail is convinced bottom is already in and is aggressively piling into LONG positions
If market drops below $58K, long liquidations could exceed $2B
We've seen something similar before on October 10, 2025
Back then, estimated liquidations were ~$1B-$1.5B at first, but just 3 hours later they had surged past $20B
If history repeats, I expect another squeeze dump toward these levels:
- $55K
- $52K
- $50K
That's where the biggest liquidity sits. Once it's taken, cycle bottom can finally form
My 2-3 month roadmap is simple:
1. Pullback to $68K
2. Distribution begins
3. Breakdown below $58K
4. Squeeze dump toward $50K
5. $BTC accumulation begins
6. Cycle bottom forms → first major rally
I was one of few who called 2025 $BTC ATH, move from $126k → $60k & $83k → $59k before they happened...
Missed those setups? No stress - more big calls are loading
Turn notifs on - you won't want to be late for next one...
$1,300 ETH is the most popular bet for August 2026.
$3,200 ETH is the most popular bet for December 2026.
Does that mean $ETH will bottom next month and then rally into the year-end?
$BTC is hovering around the $60,000 level.
It seems like liquidation hunting has been going on as the price has been moving within a $2,000-$3,000 range for almost a week.
From here, Bitcoin needs to reclaim the $62,000 zone for any relief rally.
On the downside, losing the $58,000 level will push Bitcoin towards the $55,000-$56,000 zone.
Ethereum Treasury companies continue to go down.
But BitMine is something to keep an eye on.
It has been included in Russell 2000, so some new buying demand could emerge.
And in that case, it could help the $ETH price.
S&P 500 is set to close 8 consecutive 6M candles in green.
This has only happened once before.
During the dot-com bubble, $SPX closed 11 such candles in green and then crashed 51%.