CAUTION: BITCOIN BEARS WON'T LIKE THIS CHART!!!!

Bitcoin is at a critical place in this market right now because since we set the low at $60,000, we've seen a big bounce. It's plus 19% from the bottom to the top. So fantastic. That is really the first key sign that we needed to see. We got it. Good. We can carry on from there. We set a higher low at 67,300. And this is actually what I think is a lot more interesting and important. You know what this led to is Bitcoin finding resistance again at the same ceiling here. And this ceiling is at about 71,672K. Uh, you know, Bitcoin found this ceiling here and we're kind of still stuck here.

So now look, we are inside of a weekend as far as trading, but the weekend is nearly over. Okay, as far as this daily candle goes, we only have about three hours at the time of recording. And so we might be looking at a resolution to this pretty quickly. I'm pretty sure I heard of like a CME gap or something. I'm not sure if that's going to uh, you know, affect this market. You guys know my take on those kind of things. I find uh, you know, all of those things. I I I recognize that as far as the data goes that it is actually quite compelling. I just think that the theories themselves are a little bit silly. But you know, taking a look at this chart right here, the fact that Bitcoin is topping out right here under 71,000, you know, 72,000 is is a really, really good sign. Uh, you know, this is kind of exactly what you would want to see because when you see when you produce a big drop like the market did here, you do need to see some structure develop before you can start talking about a potential bottom and really if you're bearish, you know, you still need structure to develop so that you can kind of discern where and how and when Bitcoin might start continuing to to sell off, right? If you're bearish, you're anticipating lower price levels, uh, you still need to see the structure in order to kind of determine when and where that might happen, how it might happen. So, as far as what we have here, then this is actually really good. It's, you know, Bitcoin setting a higher low. By the way, we'll talk about this low. I don't think this low is going to stick necessarily, uh, but we'll talk about it. And we have Bitcoin continuously finding resistance at this level. Now, if this resistance level breaks, the next question is, you know, where is this going to go? And this is where the video gets a lot more exciting.

Now, the good news that we have in this market, ladies and gents, and we've covered this at length many, many times on this channel, so those of you that are subscribed, you're going to be very intimately familiar with these details. We have seen big breakouts when Bitcoin has historically managed to rise above this $71,000 price zone, 72K, again, whatever we want to call it. When we've seen breakouts above this zone, uh, you know, or or really just any price action, you know, we've seen really rapid movements here. So on the way down, we would move down pretty quickly, pretty violently as well. Uh, and then on that subsequent recovery, these subsequent recoveries were also pretty sharp. So really everything in this range, honestly, kind of below 90K, it became a little bit more blurry, obviously during these two points, but for the most part, it's pretty clear that as far as key trading ranges go, uh, we're leaving one of them at 72 and we're kind of entering another one, really anywhere above kind of 92. You know, depending on how you view it. There are going to be a couple of different ways to slice this and view this, but you know, this is the way I'm seeing it. So, you know, if that's the case and we're kind of, you know, brushing up against resistance here. I mean, to me, this chart looks really bullish, guys, because it looks like it's trying to get that break. Now, granted, we are at resistance, right? And resistance is where rejections tend to happen and and that's why we're going to kind of balance this out here in just a moment, but if Bitcoin does manage to produce a breakout at this stage, I'm definitely expecting it to get into at least the mid $80,000 price range. This is where it was previously finding support on the way back down. And so it kind it kind of has to be, you know, we're going to have to face it and and it and it definitely could be resistance. Okay. So that that's something that we're just going to have to wait and see, continue it uh continue to evaluate as time goes on. Uh, if this zone does turn into resistance and you're bearish, then that's kind of one of the best things you could see in order to anticipate that subsequent drop down into the 50s, into the 40s, into the 30s, wherever your wet dreams for Bitcoin's prices have taken you. Of course, uh, I don't think any of those levels necessarily are uh, are are super, super likely. Uh, but I I know that people are really, really, really, really hoping for them. So, best of luck to you, sir, or madam, if that's what you're going for. Uh, I uh, I I really hope that you get what you're looking for. But, um, you know, this market here, uh, I just wouldn't be I just wouldn't be so confident if I was a bear. I wouldn't. You know, we've already seen from this high down to this low a 39% drop. You know, that's usually the maximum drop inside of any bull market or I can't say usually, but it has historically been that case for quite a while. There are different historic norms as well, and we've covered a lot of them. Not all of them, but we've covered a lot of them already on this channel. So, again, those of you that are subscribed, what you're going to be getting is, you know, super detailed takes on where we truly are, you know, grounded in reality in these markets. You know, we're we're generally going to be looking at how this kind of performance uh has has basically, you know, how how we can distill that performance into, you know, character traits, right? That's what we really want to distill. That's what we really want to figure out because when we can identify those character traits, we can look at the chart in the present day and we can say, hey, look, minus 39% down in [ __ ] 3 weeks. Yeah, we might be looking at a little bit of a reaction rally, right? That's totally reasonable. And so if we do start breaking this resistance level that we're at, mid-80s at a minimum.

Now, if Bitcoin manages to get above the mid-80s, uh, really, we we start having a much more interesting discussion here. Now, you know, there's a couple different levels to break, you know, 92K, 94K, 98K. I think all of these levels are very important. And I'm happy to keep these lines on the chart for a minute because, you know, each of these levels, if Bitcoin manages to flip them, if Bitcoin manages to get above, maybe back test for support, uh, you know, that's going to send a really, really clear message that essentially the bears are kind of losing control of the market. And I can go as far as saying, you know, look, if Bitcoin does get above 92K, which is the first blue line here, if it does get above 92K with some strength, you know, in a convincing way, well, you know, I I think at that point the bull market's back on. And you know, this is something I can say with a little bit more confidence because one of the beautiful That's my dog. One of the one of the beautiful things that happens when you're trending down is the levels that you need to break in order to be bullish again, those levels get lower as well. So, in other words, if Bitcoin fell down to 20K, it would be pretty bullish if it just recovered above 40. Right? At that point, it's already pulled off a 2x. And we can start making arguments that hey, this might have legs to go very far because ultimately I think one thing that we really need to understand whether we're talking about Bitcoin going up or Bitcoin coming back down, one thing I think we really need to understand is that this market basically trades like a shitcoin, you know, it basically trades like a penny stock. Uh, it's very emotional, it's very nonsensical, it's very irrational. Uh, and and I think perhaps more importantly than all of these fun adjectives I can call it, uh, it's it's [ __ ] completely devoid of liquidity. There's just no money in the space in order to support major sell-offs, right? And we saw that on 1010 where we were able to [ __ ] [ __ ] you know, this badly in one day, you know, more or less, right? Uh, and and so, you know, that kind of shows us just how thin these markets are when we truly get a massive increase in selling pressure. But to behave like, you know, to to to act as though that only happens when Bitcoin is dropping, that is naive. That's not truthful. That's not grounded in real reality. It's not grounded in data. Okay? Bitcoin is just as fun when it goes up as it is [ __ ] when it comes back down. And that's why I don't think it's going to be a huge problem for Bitcoin to get above, for example, the 70K range and then into the very low 90s, the mid-80s, and so on. It can rise very, very quickly in response to these kind of big, big drops. Now, does it have to? No. Uh, you know, I want to point something out to you guys, which is, you know, kind of the last bare market that Bitcoin had. I mean, arguably, we've been in a [ __ ] bare market this entire time. You know, even when we dropped down to 15K, even all the way up to 126, you know, you listen to the way people were talking, it's like the bare market never ended. But in the real bare market that we got, uh, you know, this was a pretty relentless bare market. You know, we did have a couple of reaction rallies, but look, they were very short-lived, three weeks up and only plus 23%. This was the best one that we got. It was two months up and it was plus 47%. It didn't even pull off a 2x or anything particularly impressive. Plus 47. Yeah, that's pretty good. But, you know, really, there is not a whole relief. And one thing you'll notice is that on each of these dumps, Bitcoin isn't really coming back up to some of its previous resistance levels, right? So, it had this resistance level here at about 60K. We didn't get that high on this pump. The previous uh pump up over here, this went up to 52K. Again, we didn't get that high on this occasion here when we finally lost this floor and we broke down our highs, nowhere near the floor that Bitcoin previously reached. So, uh, you know, we have seen relentless downtrends, you know, like genuinely extremely [ __ ] downtrends. We have definitely seen that. Uh, and so far we're we're kind of doing the same thing, right? It's just that it's way too early to say because we've only really on a macro scale, we've only really had two moves, you know, and so with with only one real opportunity to produce a bounce, you know, this is our second opportunity to produce a bounce. We're already off to a great start. Plus 19, plus 20% from the lows. You know, that's already a great start. Uh, you know, this this is kind of where we're, we're, you know, we're going to see whether Bitcoin is conforming to, you know, its previous kind of bare market structure and habits and characteristic traits, your character traits, or if Bitcoin is going to, you know, break that mold a little bit, perhaps do something, dare I say, a little bit new. Uh, you know, and and really, you know, I think more importantly than that, perhaps something that fits in with Bitcoin's evolving character in 2026 and beyond, you know, and so, uh, one of the things that I can say very confidently that I think this is going to mean is, you know, generally a pretty slow market, you know, and we've definitely seen that. We've seen, you know, in this case here, this was a 78-month consolidation period, 250 days from the initial point of hitting this level until we managed to get the breakout. That's 8 months, right? So, you know, we've definitely seen continuous extremely drawn out periods of consolidation, pullbacks, whatever we want to call it. And you know what? If we're very, very bearish, we could do this for 7 months. Now, let's keep that in mind, right? We could totally do something like that. I don't see how that would happen. I don't think we have, you know, there isn't enough resistance to find in this range to really slow Bitcoin down. Uh, but I'm I'm I'm painting for you something that could happen just to help you with your visualization skills because really, that's what we need to do. We need to visualize these different scenarios, play them through to the fullest extent possible, and then ask ourselves kind of how realistic does that sound, right? That's one of the thought exercises that you're naturally going to have to do as a trader or investor. You might already be doing it in your own way. Uh, you know, logic will drive a lot of people here. Not everybody, of course. We're definitely seeing that, but logic will drive a lot of people here to some of these things. And you know, if you're really looking to level up how you approach these markets, how you trade these markets, if you really want to approach these markets with a little bit more structure, feeling like you know what you're doing a little bit more, you can join Broy. It's linked at the top of the description right here. And what's absolutely great about Broy is you're getting direct access to me and my own tools and strategies inside of this market. We've got a community of subscribers here that I think are pretty well put together. We've got some pretty based individuals here in this group with some pretty consistent gains that we're seeing inside of these very turbulent markets. The thing to keep in mind is that it's $100 to join. Okay? So, look, there's no guarantee that you're going to make your money back. I hope you do. That's the intention. We've seen many of our members already pull that off no problem at all because it's only $100 to join. Uh, but it's not, you know, necessarily representative. So, keep that in mind. You can join Broy. There are still risks in the market. You can lose all of your money. Uh, but I'm pretty happy with what we have seen here so far. We've seen some incredibly impressive uh, results historically and just recently as well. So, one of the coolest things here is you get access to the comprehensive analysis and trading courses I've put together for you guys. They're completely brand new, re-recorded recently, and it's basically, you know, you downloading the knowledge in my brain into yours. Okay? So, whatever is in my brain, you're going to have it at the end of these courses. It's really, really well-built. Look, I built it. But you guys, you know what I'm talking about. You've been watching this channel for a little bit. We know what we're doing here. Uh, so this is this is the proudest thing I've ever put together. Go ahead and check it out. I'd love to see you on the inside. $100 to join, linked at the top of the description. Truly a kind of before and after. That's what we're going for here for traders where uh, you know, you can you can definitely see that look, joining Broi was a kind of turning point in my abilities as a trader and investor. That's what you know, that's what I want you to be able to say six months later, one year later, whatever the case may be. So, there we go. Uh, back to the market though. Like I said, great initial start. We've definitely, you know, got a setup for Bitcoin to get very, very high from here if we are able to blast through resistance. Uh, however, of course, it's not going to be that simple. And well, it might not be that simple. We don't know that for sure. We're currently finding resistance here. The last time that we found resistance at this level, Bitcoin was able to hang on for about 12, 13 hours. On this occasion here, it's been about 9 hours. So, you know, if we're coming up to a rejection, we could be looking at a drop. And we don't really have a lot of room, right? The previous low that Bitcoin was set was 67,300. And really, if it loses this level, if it bounces anywhere below this level, uh, then we're we're kind of looking at trending down again. And as far as trending down, this is very short term. I think that Bitcoin is going to have a chance to find support uh potentially for a new higher low. But I've also outlined the possibility of a double bottom or even a deviation. Really, just this entire zone plus minus a couple percentage points around the 60K level. So, I'm going a couple percentage points up and I'm going a couple percentage points down. And I'm saying this entire price zone is where I think Bitcoin could potentially find a bottom if we lose 67,300. And the reason I'm saying that is because it's very tight at 67,300, right? That's not too far away from where the current price is, especially with the kind of, you know, heavy volatility that we've seen. I mean, it's clear that there's just not much trading going on in this market lately, and that's why we're seeing a little bit more stability. Uh, but if that kind of, you know, trading energy velocity comes back into the market, uh, then I think definitely, you know, 67.3K is only 6% away. I think Bitcoin can make very, very quick work of that, uh, and then if it does, yeah, we are probably looking at revisiting the bottom of the zone. Now, that is really going to be the next big question. Is are we going to defend the $60,000 zone? Right? Depending on how low we come, we might bounce off 62, we might bounce off 64. We have unlimited support levels in this entire range. You know, we really the reason I'm not drawing anything. The reason I've just got it with a nice big yellow box here is because it would be, you know, a little bit, you know, pointless to to kind of, you know, you would just see [ __ ] you know, horizontal lines everywhere. And, you know, that's not how we do TA. So, uh, you know, the entire range, we're conscious that there is support, but, you know, because Bitcoin is being very dramatic right now, that's why I'm saying kind of bottom of the zone plus minus a couple percentage points is going to be what I'm interested in. And that's going to be really just a chance for the bears to test if they can take the price even lower for better accumulation prices and then again for bulls to see if they genuinely, you know, are able to actually step in here, if there's actually strength. It's kind of just a test for both sides. And uh, you know, do I think this level's going to hold? Yeah. You know, I actually do, at least for one bounce. I don't necessarily think we're just going to slice straight through it. I think that at the very least, if we are [ __ ], you know, we're still going to get a little bit of a bounce on it. You know, how little that bounce is, I don't know. At least going sideways, right? That would happen at a minimum, you know, Bitcoin doing something a little bit like that. But I'm not even too worried about any of that happening. You know, I think that because Bitcoin has dropped by such a large amount, because it's already produced such a strong bounce, uh, you know, there is going to be some speculation here. I I don't know how long the speculation is going to last. And I think that, you know, if we spend a lot of time in these kind of price ranges, that's not going to be good. We should ideally, you know, pull off our recovery pretty quickly. Uh, but listen, you know, anomalies are the new normal for Bitcoin, okay? We had this exact situation last year, I'm sorry, two years ago in 2024 where Bitcoin had a pretty decently established support level here at 60K. Uh, and then we started producing multiple uh, you know, weak plus deviations. Okay, this was 10 days where Bitcoin not only fell out of support, uh, but it fell out of support by a huge margin by 11%. I mean, this is enough for any and this is this is kind of the problem that I'm seeing, by the way. You know, I watched a tiny bit of Bob Lucas's video. I know many of you guys like watching it. We can make a response video on that if you like the idea of it, you know, and I and I'm really not here to beef with anybody, right? Bob Lucas is an incredibly talented analyst. Uh, he's probably a lot better at at this than I am, right? I I don't know. But uh, you know, what I have to say about these things is that when you're basing this off, you know, the 200-week moving average or the 50-week moving average or whatever, like certain, you know, pretty, pretty respectable, reasonable technical indicators to say that look, when we lose this level, we're in a bare market, when you're doing that, uh, you know, you're you're doing the right thing from a technical perspective, right? Like the books will teach you to approach it that way and I I definitely think that that's for a reason, right? You first of all, you need to do that before you start trying to break the rules. Uh, but second of, you know, it's just generally a really healthy, sanitized way to approach the markets. And yet at the same time, I think that it's kind of ignoring reality, which is that, you know, the market clearly doesn't respect these established norms anymore. You know, if you apply these kind of rules, and many traders did apply these kind of rules on these deviations, well, then these people would have taken themselves out of the market. Okay? And Bitcoin actually more than doubled from these levels. So it would have been very naive, but of course, that's exactly what these things are. They are indeed very naive these perspectives in my opinion that say that Bitcoin is truly [ __ ] or whatever other flavors of of these ideas people are kind of putting forward. Uh, you know, this is coming from a place that doesn't really understand the nuance of how Bitcoin behaves. You know, Bitcoin breaks the rules all the time, just to [ __ ] with you and and then continues recovering. And it would not be out of character whatsoever if that's what we're seeing here, ladies and gents. You know, if this turns into a top that lasts for, let's say, you know, 240 days, well, now we're 8 months in. That's normal. Okay, I can't call that a 4-year cycle top because I mean, it it does actually line up with a 4-year cycle. So, fair enough. Like I said, I can't refute these things. There's a ton of evidence in their favor. Not much evidence, you know, backing what I'm saying yet, you know, and and so I can't refute these things. But at the same time, if we're going to label an eight-month top something that we've seen already once over here, we've seen a seven-month top over here, you know, we've seen this continuously in this market already, if we're going to label another 8-month top as the four-year cycle theory confirmation, then I think we're just being a little bit too generous. Do you know what I'm saying? And and whether that's 8 months or 9 months or 10 months, 12 months, it's really just Bitcoin slowing down. And that's how I read this, right? I think that if if you if you go with the four-year cycle theory, kind of the implication is that, you know, to some extent we're [ __ ] for some period of time, you know, and and you could have you could have taken that attitude during this consolidation period and then like a really, really naive trader, you would have missed out on the next plus 400%, which is a 5x gain. Or again, the exact same thing over here where even from breakout point, we got very close to a 2x gain. You know, like these things would have, you know, these same lines of thinking, they would have taken you out of the market historically. And the reason that that would happen is because as a good boy, as a good trader, you are following the rules. Uh, but Bitcoin isn't. And this is where the saying that markets can stay irrational for longer than you can stay solvent comes in. You know, we need to understand that these markets can and do break the rules. Uh, and and just try and kind of mentally place where that might put us, right? And that's why, you know, after nine years in this space, I can feel pretty safe looking at big drops like this because the only thing that would be unusual is if Bitcoin didn't absolutely piss everybody off before pulling off a 2, three, 4x gain, whatever it's going to be. Okay, so that's still my perspective there. Uh, and and that kind of bleeds into again this 60K range here because no matter who you are, whether you're bearish or bullish, there is widespread agreement here that there is value for Bitcoin here at these price levels, right? That there is great value here. It's a great time to be buying. It's a great opportunity to be accumulating dollar cost averaging at the very least to begin buying in these kind of price ranges because if we do get that one more big drop that everybody in their grandmother is talking about on WhatsApp, on Telegram, on Twitter, you know, if we do get that one more big drop and you're and you're buying in these kind of ranges, I mean, you're averaging entries that are far below 50% from the all-time high. Okay? And I think no matter who you are, unless you're Peter Schiff, uh, [laughter] bless that, man. Uh, you know, no matter who you are, you're generally going to be expecting Bitcoin, you know, I'm I'm talking to people I know, you know, you might not be one of these people, but most people are expecting Bitcoin to, you know, get far above its all-time high at some point in the future, whether that's in a year or four years. There's some disagreement right now, but there is definitely widespread agreement from what I'm seeing that Bitcoin will start topping those levels. And if that's true, then there is already an amazing discount here in this market. And that is without mentioning traditional finance. We've spent this entire time talking just about Bitcoin. But allow me to branch out a little bit and talk a little bit more about these other markets here. The first thing that I want to say is that as far as Bitcoin valuations for some of these key altcoins, they're holding on pretty well. Some of these haven't moved. Some of them have gotten rocked pretty hard, but for the most part, they're still holding structure, which is very, very nice to see. Uh, and then if we take a look at this, actually, before we go anywhere there, let's actually do one more chart here on Bitcoin. Let's just look at the weekly chart, okay? Because we are going to be closing this weekly chart in 3 hours. And then as far as this weekly candle goes, I mean, this is a really, really good weekly candle. Again, this is not the kind of candle that you want to see as a bear. The reason that I think this is a great candle for the bulls if this closes the way it is right now is that the whole candle stretches a 31% range. So, first of all, huge, huge week for the market. Congratulations for keeping your sanity. Uh, but the first 17.7% of this candle is a wick. Okay? And that actually produces something a little bit more like what's called a bullish hammer. And a bullish hammer is basically a candle that shows you that throughout the course of this trading week, we traded very, very low, but the market rejected these levels and it wanted to close much higher. That is a sign that we've tested the downside. We're done with it and we're good to start recovering up. We've had many candles like this in the past work for Bitcoin and we've had many candles like this in the past do very [snorts] very badly for Bitcoin. Okay, so these are not, you know, the be all end all best tools that you can see in the market, but they're very nice to use in my opinion, at least as part of just forming a general picture. So on a weekly time frame here, bulls are looking great. Is it great that we're down at these price levels? Hell no. You know, we should have produced this candle up here. That would have been even better. But listen, we we deal we deal with what we have in front of us. This is what's in front of us. It's a, you know, relatively small candle body. It's still not as small as I would like, especially for a bullish hammer. I would probably only want to see the candle up here and then the rest of this is just the wick. But I'll tell you what, guys, this is still a really good candle and it's all about what happens next week. You know, these markets, you know, it's it's good to be able to see how we got here, but you know, we really need to be able to extrapolate this into what happens for next week. And, you know, unfortunately, ladies and gents, that's going to take a little bit more data, okay? We're just going to have to view this when there's more data. This is something I've been keeping Broy members updated with already inside of the Telegram channel. We've also been discussing setups and things like that that we're seeing inside of the VIP chat. We've been getting some incredible, incredible uh, you know, um messages here from members just basically showing some of their uh profits off, but also uh some very deep thoughtful conversations on uh risk management, you know, uh choosing how to exit positions, choosing how to enter positions, really important questions that members have had. And I think one of the more common things I've seen is uh, you know, essentially this is, you know, this is a nice environment to be able to plug yourself into where, you know, it's not toxic, it's not uh, how do I say, gay, basically, you know, in the way we used to use the word gay, uh, in terms of like, you enter this room and it's got really [ __ ] energy where everybody's panicking because the price is dropping. We haven't seen a single instance of that. I know that we've had members that have been panicking, obviously, that's going to happen. Uh, but the energy is so strong here, uh, that our members have actually felt very calm after, you know, essentially weathering something pretty terrifying. Uh, which is good. I mean, you know, if and this is the thing I keep saying is if you're not able to bring that kind of calmness to the table in these kind of markets, then, uh, you know, your your decision-making is compromised. You know, at that level, you also can't expect yourself to generate profits in these markets anymore either. So, back to this weekly candle here. It's all about what happens next week. If we're able to get above this candle in the next week, maybe we can eclipse it. You know, in the next week we close at, you know, 81 or 85, whatever that might be. Then, uh, you know, now we have two really strong bullish candles in a row. You know, that that is a terrible joint. But, you know, if our next candle looks a little bit like that, you know, now we're looking at two really strong candles in a row. And at that point, you know, we can definitely start having discussions about, you know, is the bull trend back or is this uh a really nasty bear trap? Okay? Because last time it was a bear trap. We formed an ascending triangle. We got a breakout. We broke out by several percentage points, which which meets many criteria. And this is what I'm saying, by the way. You know, whether you're a bull or you're a bear, if you go by these like super conventional rules that are hard set on paper, uh, you know, you might end up incorrectly viewing the market. You know, this is something that I had pointed out. If you watch the channel when the when the market broke out, you can go back and check some of our content from early January here. You know, we were aware of how listen, you know, if Bitcoin uh, you know, does get a few percentage points above resistance, that's going to be a great sign that we have a real breakout. Uh, but we also understand that Bitcoin is really annoying. Uh, and and that's just not enough these days. You know, it's just not enough. It fakes out to the top and it fakes out to the bottom. Uh, and it does both of those incredibly, incredibly frequently. Okay? And that's why I still think it's possible even for a wick below the 60s. Uh, because it would it would just be on brand for Bitcoin. What can I say? But I tell you what, this was a really, really big wick. Uh, if the real support level that we're kind of respecting is in the low 70s, high 60s here, then we've already had our deviation. Uh, and in that instance, our deviation is also quite large. So, is 11% enough? Well, it wasn't enough before. You know, we've already looked at this here, but this was, you know, quite a jarring period of time here. What was this? Um, this was, you know, 7 weeks more or less, uh, where the price ended up falling as much as about 17, 18% below support. So, you know, very, very long time, you know, really coming up to like 2 months here. That's enough to, you know, shake a lot of people's belief in these markets here. And I think very reasonably, right? I mean, it's uh, it's it's going to look like a confirmed break when you've spent that much time below support and you've dropped down by that much. But again, it's these kind of rules that listen, like there there's nuance here. You know, you need these rules as a trader, but as an analyst, it's just about kind of understanding where we are first. It's an art. Uh, dare I say, you know, if if if I'm allowed to inflate what I do as a profession, if I'm allowed to kind of tout what I do and brag about it a little bit, it feels like an art. It does. You know, getting this stuff right, being able to identify these things properly with, you know, a sober head. Uh, you know, it's it's not something that, uh, I I've I've actually I've seen people do this, you know, from the beginning. I've seen people get it and then they're just sick at doing this. But, you know, it's usually people that are already rich, um, wealthy. Sorry, I should be using the more nice words. Wealthy. Uh, and and it's because, um, you know, they they've been around money for a long time. They understand how money works. They understand how multiplying money is the best thing you can do. Uh, you know, and and and more more importantly than all of that, they're not desperate. They're not desperate for the next 20%, 60% profit, whatever it is. They're just kind of doing what they're doing, respecting their money, getting on with it. And that's always the winning approach in these markets. But at the same time, it's very hard to build that if that's not you. If you're not already wealthy, if you weren't born into several million dollars or whatever the case may be, then you're probably going to have to learn this to some extent, you're going to have to fake it until you make it. Uh, and of course, you know, I think for me, my philosophy has always been, listen, if you can maximize your understanding of these markets, if you can maximize, you know, your understanding of analysis, your understanding of trading, your understanding of who your competition is in these markets, if you really feel like you thoroughly understand what's going on when you're deploying your capital into these markets. For me, that's been the number one lever for students that I've worked with. That's been the number one lever to help feel confident in these markets. And a direct downstream consequence of confidence plus a good system. A direct downstream consequence of that is more consistent, you know, your profits basically, you know, withdrawing as part of a schedule. You know, it's it's things that you would generally ascribe to a so-called professional trader. Uh, if we simply do things that professional traders do, you know, you and me being retail, you know, people, then then actually we start seeing results like what they see as well. So, you know, it's not a guarantee, it's not a given, like I said, you know, you can totally join this group and then lose all of your money and [ __ ] up your life. But, uh, I really hope that doesn't happen. I'm I'm I'm sure it won't. We've seen some brilliant results already. So, you know, what to do, check it out with the link in the description if you are curious. That's basically my analysis here. It's all about kind of seeing what Bitcoin does next from here. If we're able to break above resistance, you already know where I'm looking at. And if we drop down, I think we defend 60. Uh, and if I'm wrong about all of that and we can't even defend 60, uh, well, yeah, then we're into the 50s and 40s. And again, it's very hard to say where Bitcoin might go. Uh, because there's support everywhere. You know, there just is. I think 50s is a little bit more shallow. There's definitely a lot more in the 40s. But uh, you know, there is still quite a lot of support everywhere on this chart. It's a very unpredictable chart. Uh, you know, it's it's not something that, uh, I mean, I don't even think bears were necessarily expecting this. You know, I think bears obviously wanted lower price levels. They just didn't anticipate that by the beginning of February, we would already be minus 50% or more from the all-time high. But there you have it, ladies and gents. This is crypto. This is what this game is. This is actually what this game has always been. I love it. I'm glad it hasn't changed. You're going to learn to love it too if you take healthy approaches in these markets because I tell you what, the bottom line is, we don't get to choose, you know, the the kind of like ease we have in life typically. I mean, to some extent, we have this ability to choose, but in these markets and so on, you know, we don't really get to choose. We just kind of have to deal with what's in front of us. But when you crack it, when you understand it, when you feel familiar with it, these things aren't so intimidating anymore. And I guess what's scary is that you kind of have to keep in mind that if you don't have these things going for you yet, if you don't understand it yet, if you don't feel like you're familiar with it yet, if you if you feel like you're intimidated or not able to understand what's going on and all of these combinations of things all at once, the scary part is that your competition doesn't have these problems, you know? So, it's almost like, you know, you might even want to consider not trading, you know, until you until you catch up. That's what I would do genuinely. That's what I would do. These markets are pretty rough. Uh, and and I wouldn't even deploy capital until I feel like I'm up to speed. And, you know, joining Broi is a brilliant way to do it. Uh, you know, I'd love to be able to work with you on that, but at the same time, if you don't want to do that, there are PDFs you can find online. There are brilliant books you can buy for 7, 10, $40, whatever. Uh, you know, this is what I did to learn. You know, I had to teach myself. I had a couple mentors, whatever. I did join groups like this as well. Uh, but a lot of it was self-taught, you know, so that actually does work as well. So, uh, there you go, ladies and gents. Hope you've enjoyed this one. You know what to do. If you have, smash up those likes, subscribe, tick the bell, do all that good stuff. If you want to trade on some of the best exchanges in the game, then by and are linked in the description below where you get some pretty heavy cash bonuses when you start trading using these links. So, check them out in the description if you're interested. But keep in mind that it's not allowed for people in certain countries. So just make sure that you are obeying your own country's local laws and regulations. But with that, ladies and gents, it's been an absolute pleasure and I'll see you all in the next one. Chip.