Full transcript
0:00Yo, welcome everyone. Bitcoin is about
0:04to complete the entire rising wedge
0:07pattern and the breakout or maybe even
0:09the breakdown is probably going to
0:12happen today. Let me show you now. First
0:14you will notice the golden Fibonacci
0:16ratio that was hit on Bitcoin already
0:18yesterday was respected almost to the
0:21exact dollar accuracy. Bitcoin hit the
0:24level and right here Bitcoin got another
0:26very nice rotation back toward the
0:28upside of approximately 5%. And also
0:31right here, as you probably know, I had
0:33my stop loss placed exactly above the
0:35recent high for my short position. So,
0:38my short trade right here looked
0:39something like this. I entered one
0:41approximately at this specific area.
0:43Stop loss goes above the high and I was
0:45looking right here already for another
0:48rotation back down. So, clearly, with
0:50the push toward the upside that happened
0:51on Bitcoin only a few hours ago, I got
0:54stopped out on my short position.
0:56However, as explained in my previous
0:58videos, I will look to re-enter another
1:00short trade if we are going to confirm a
1:02liquidity grab or a swing failure
1:04pattern exactly at this specific area.
1:07Bitcoin then closed the one-hourly and
1:09of course also the 30-minute candle
1:11below the recent high, confirmed swing
1:13failure pattern. That is why I did
1:15re-enter my short position at
1:17approximately 79,700
1:19US dollars. Now, unfortunately, I was
1:21not awake at the time of the swing
1:23failure pattern, but nevertheless in the
1:25morning, when I woke up, I did go with
1:27another one right here and currently it
1:29is being unfortunately in a very small
1:31loss. However, other trades right here,
1:33XRP short position, long position on
1:36Bitcoin from the exact bottom, long
1:38position on Ethereum, all of them pretty
1:40much right now are being already in a
1:42very nice profit. And later in this
1:44video, I will also show you exactly what
1:47can write to be our next very important
1:49price target if Bitcoin now does get a
1:51break toward the downside out of our
1:53rising wedge pattern because,
1:55technically speaking, a rising wedge
1:57pattern is a bearish one. It does have a
1:59higher probability of breaking toward
2:02downside, especially if we run to go
2:05with our volume indicator. For example,
2:07on the four-hourly or also on the
2:09two-hour time frame. You be the judge,
2:11but it really does seem like Bitcoin
2:13right here, it is pushing higher,
2:15forming brand new higher highs. Look
2:17right now at the volume. For sure, it is
2:20going lower and lower and lower. So,
2:23this right here right to means each
2:25higher high that is formed at the area
2:27where we are right now, it is being
2:29formed on a lower volume, which of
2:31course it is going to be a bearish
2:33Bitcoin indication. So, that is now why
2:35talking about the rising wedge pattern,
2:37I would definitely say so far it looks
2:40almost completed and the only thing we
2:43are right now waiting for, it is going
2:44to be a break toward the downside or
2:47maybe even a break toward the upside.
2:48And of course, in my opinion, we do have
2:51right here a higher probability of
2:53breaking the rising wedge pattern right
2:56here, literally straight toward the
2:57downside. And why so? Because simply,
3:00when we now talk about our waves right
3:01here, I'm going to go here with the
3:03Elliott impulsive wave, where you will
3:05now see Bitcoin potentially complete
3:07already right here the first impulse, we
3:09go on a correction, another impulse
3:11right here, another correction, another
3:13push toward the upside finishing the
3:15entire rising wedge pattern. Talking
3:18about a finished five-wave price
3:20structure right here, and right now
3:21technically speaking, we definitely
3:23increase the probability of getting
3:25right here another push toward the
3:27downside. Also, a lot of people actually
3:30forget at what area we are trading at
3:33the moment. Let me right now zoom out
3:35right here on the daily time frame,
3:36where you will now see we are for sure
3:39still trading exactly at the top of our
3:42descending channel. Yes, in yesterday's
3:44live stream, I was telling to you that
3:46potentially we might be breaking this
3:48one toward the upside, especially if we
3:50go right here on the logarithmic scale.
3:52but without the log scale, it still
3:54seems like we are trading exactly at the
3:57area of resistance and not only at the
3:59top of our descending channel. Let me
4:01write your goal with the one-to-one
4:03Fibonacci extension price target, which
4:05again, it is still acting right here as
4:07an area of resistance. So, we want to
4:09know Bitcoin is at the resistance top of
4:12the descending channel and also at the
4:14one-to-one Fibonacci extension. We know
4:16our rising wedge pattern can right now
4:18also be finished right here on the
4:20two-hour time frame. And additionally
4:22right now, the only level that in my
4:24opinion needs to get a breakdown, which
4:26it is going to be some kind of a
4:28confirmation that yes, we are probably
4:30right here going to start a bigger move
4:31down, is going to be a sign of weakness
4:34once Bitcoin does lose the value area
4:36high of this entire rising wedge. So,
4:39what does it mean? We measure right here
4:41the entire price action and you will see
4:43that the value area high, it is coming
4:45in at approximately $79,400.
4:49Once we start closing the candles below
4:50this specific area, bearish indication
4:52of Bitcoin sign of weakness and in this
4:54scenario for sure, we are going to look
4:56right here for another rotation back to
4:59the downside. And before we do talk
5:00about the price targets, I would really
5:02appreciate for you to right now smash up
5:04the like button because 1,000 likes
5:06right here are definitely possible, but
5:08also thank you for subscribing to the
5:10channel. Now, let me show you exactly
5:13what is first of all happening on the
5:15hyperwave indicator on the daily time
5:17frame and then we do need to talk about
5:20some very important Fibonacci
5:22retracement price targets. But first
5:24things first, let's go right here with
5:25my scripts and I will go here with a
5:27hyperwave indicator version five on the
5:29daily time frame where you will now see
5:31we are definitely printing the fifth
5:34bearish dot in a row right here. So, if
5:36our daily candle does close something
5:38like this in the next 12 hours, we are
5:40going to see right here a lot of bearish
5:42dots. Historically speaking, when
5:44Bitcoin is forming so many bearish dots
5:47on the hyperwave indicator, you be the
5:49judge. It does seem like it is the top
5:51right here, rejection back down. It does
5:53seem like it is the all-time high top
5:55right here, we got a rejection back
5:56down. So, really, what is trying to
5:58happening on the hyperwave indicator, we
6:00are being in the overbought, plus we are
6:03getting right here bearish dots right
6:04here. Technically, it is another bearish
6:07Bitcoin indication. So, it would
6:08actually make sense for Bitcoin to
6:10actually get right here a break toward
6:12the downside out of the rising wedge
6:14pattern. Probably around to you are
6:15wondering what is the exact target I'm
6:18going to pay attention to if Bitcoin
6:20does actually get a push down. All I'm
6:22going to do right now is to go on the
6:244-hour time frame to literally measure
6:26this entire push toward the upside with
6:29the Fibonacci retracement tool. Let's go
6:31here with Fibonacci retracement, let's
6:33go exactly from the low all the way to
6:35the high, and the most important price
6:37target in my opinion here, it is going
6:39to be the 0.32 Fibonacci retracement
6:42level coming in at approximately 74,150
6:46US dollars. Why so, you might ask? Let
6:49me go here on the daily time frame where
6:51we will be measuring literally the
6:53entire bottom price action with our
6:55volume and you will now see value area
6:57high, surprisingly or maybe even not,
6:59coming in exactly at the 0.32 Fibonacci
7:04retracement level. Additionally, what
7:06I'm going to do right now, let me zoom
7:07in slightly for example on the 12-hour
7:09time frame, and let's apply the anchored
7:11VWAP on our chart where you will now see
7:14the anchored VWAP curving in exactly
7:16toward the 0.32 and the value area high
7:19of the entire bottom price action. So,
7:21for sure, this area, in my opinion, if
7:24Bitcoin now does get a push down, it is
7:26going to be the first very important
7:28level I definitely would not ignore.
7:31Once Bitcoin does hit this specific
7:33price target, sure, we might actually
7:35look to find your another long or a buy
7:36position right here, but until then, I
7:38would really like to see if Bitcoin
7:40potentially right now does get a break
7:42toward the downside out of the rising
7:43wedge pattern. And also right now, why I
7:45will potentially look to fire another
7:47long position at this specific area, let
7:49me now show you a very interesting
7:51bullish indication happening on the
7:53hyper trend indicator. I'm going to
7:55right here go on the 12-hour time frame
7:57where you will now see we actually
7:59confirmed or we will confirm in the next
8:0213 minutes the bullish cross right here
8:04on the 12-hour time frame. So, you will
8:07now see last few times we got a bullish
8:09cross on the 12-hour time frame, yes,
8:12Bitcoin's local bottom was in and we
8:15then started a major push toward the
8:17upside. For example, right here, we got
8:19a bullish cross back in May 2025. Sure,
8:22first we got right here a very small
8:24push down, but then also we continued
8:26much higher literally toward another
8:29all-time high. Also, for example, right
8:30here, we got a bullish cross, the bottom
8:33was in, we got some kind of a bullish
8:35retest of the cloud right here, and then
8:37Bitcoin exploded literally straight
8:39toward the upside. Also, right here,
8:41bullish cross, we consolidated for a
8:42bit, but then also we continued much
8:45higher. So, what we are right to seeing
8:47on the 12-hour time frame on the hyper
8:49trend indicator, it really does seem
8:51like historically it is a really nice
8:53bullish Bitcoin indication. So, for
8:56example, if we are right here going to
8:57get a push down, Bitcoin then also does
8:59hit our very important price target at
9:01approximately 74,100.
9:03Maybe also we do get a retest of our
9:06cloud area of support right here. It is
9:09going to be a beautiful support area
9:10there for sure. We might look to fire
9:13another long or buying position at. And
9:15that is now why if you want to trade
9:17with us, take advantage of the free
9:19using 2bit link right here down below in
9:21description. There are also currently
9:23zero spot fees. And this company right
9:26here is quite a genius
9:30one. You click the link right here, you
9:32register on 2bit, and currently they are
9:34offering a 100% deposit bonus to the
9:38first 50 users. For example, you deposit
9:40right here 100 US dollars, you get 100
9:43completely free. You deposit 200, you
9:45get another 200 US dollars completely
9:48for free. However, if you're not among
9:50the first 50, you're then still able to
9:52get a 50% deposit bonus. For example,
9:54you deposit 500, you're going to get 250
9:57US dollars completely for free. Also,
9:59the more you trade, the bigger rewards
10:01you're going to get using this specific
10:03link right here down below in the
10:05description. Also, right now, let me do
10:07show you another very interesting
10:09indication happening on the Ehlers
10:11stochastic CGOscillator. And also, in my
10:13opinion, it could be actually another
10:15reason why, ideally first of all, we are
10:17looking right here for another rotation
10:19back down. I'm going to go here on the
10:21weekly time frame applying the Ehlers
10:23stochastic CGOscillator on our chart.
10:25And you will now see we are for sure
10:27trading directly in the overbought area,
10:30and we are currently also being flat
10:31right here. So, very similar to what was
10:33also happening right here, for example,
10:34in May 2026, it was the top on Bitcoin,
10:37we got a retracement back down. It was
10:39the top on Bitcoin right here, we then
10:40got a small push down, but then also, we
10:42continued slightly higher. So, looking
10:44right here on the one-week time frame on
10:46the Ehlers stochastic CGOscillator, this
10:48one currently, it is definitely being
10:50slightly more bearish for BTC. So, let's
10:52right now definitely see what will
10:54happen in the upcoming weeks. My ideal
10:56scenario, the one that I am personally
10:58the most paying attention to right here,
10:59is simply going to be currently looking
11:01for a break to where the downside out of
11:03the rising wedge pattern, looking for
11:05the price target, as we said before, to
11:07approximately our 0.32 Fibonacci
11:09retracement price target right here at
11:10let me just say 74,000 US dollar area.
11:13Once Bitcoin hits this specific level,
11:15of course, potentially, we might even
11:17flip right here to go with another long
11:19rebound position. But what if right now
11:21I am completely wrong on my idea? What
11:24if Bitcoin does not right here get
11:25another push down, and we will continue
11:27higher? In this scenario, of course, as
11:29you probably know, I will get stopped
11:31out out of my short position right here
11:32on Bitcoin. I entered only if you are so
11:35good because my stop loss, as you
11:36probably know, it is also being exactly
11:39above the high. So, if Bitcoin right
11:40here does continue higher, then simply
11:43the next major price target we should
11:45definitely be aware of, it is going to
11:47be the top of a major horizontal range
11:49right here on the daily time frame. So,
11:51this line right here is then going to be
11:53at approximately 82,800 US dollars or
11:55let's just say 83,000 US dollars if we
11:58are going to right here continue higher,
11:59but nevertheless, talking about the
12:00probabilities, in my opinion, we have
12:02right here a rising wedge pattern. A lot
12:04of different indicators are right to
12:06saying to us, be slightly more careful.
12:08And also right now, when you go, for
12:09example, here with the RSI indicator on
12:12the 4-hourly, also on the 2-hour time
12:14frame, we were forming a bearish
12:16divergence on this specific push towards
12:18the upside Bitcoin got only a few hours
12:20ago. Higher high on Bitcoin, lower high
12:23on the RSI indicator. Also, 2-hour time
12:25frame, lower high here, higher high on
12:27Bitcoin. So, pretty much the RSI
12:29indicator on the 1-hour, 2-hour, also,
12:31for example, right here on the 4-hour
12:32time frame, we were getting right here
12:34bearish divergences. So, that is going
12:36to be, of course, another bearish
12:38indication Bitcoin and another reason
12:40why, ideally, we are looking right here
12:41for a break towards the downside out of
12:43our rising wedge pattern. Once we start
12:45breaking it down, of course, we are
12:47going to see how low we are going to go.
12:48And as you probably know, this right
12:50here is currently being my main price
12:52target I'm right to paying attention to.
12:53And remember once again, the first local
12:56bearish indication on Bitcoin that you
12:58should really pay attention to is going
13:00to be if we are right to going to lose
13:02the value area high of the entire rising
13:04wedge pattern coming in at approximately
13:0679,400
13:08US dollars. And that is not why. If
13:10you're also potentially looking to fire
13:11a short position right here or maybe
13:13even a long position if we are going to
13:14get a pull down right here, simply take
13:16an advantage of the free 100% deposit
13:19bonus and 0% spot fees using this link
13:22down below in the description. You click
13:23the link right here, you register on
13:25Toobit, and the first 50 users are going
13:27to get a 100% deposit bonus. Also, the
13:30next 50 users are going to get a 50%
13:32deposit bonus, but also, the more you
13:34trade, the bigger rewards you're going
13:35to get using this specific link down
13:37below in the description, but also right
13:39now. Thank you for smashing up the like
13:41button.