Bitcoin's Next Move Revealed: World Liberty Fallout & Why Cardano, DOT, AVAX May Never Recover

"So, that's the next resistance level. If we can get above that that's great. Another potential target if we manage to break out of that resistance and we go up is the 38.2% 2% Fibonacci uh retracement level from the from the retracement which coincidentally also is at the first point of the CME gap we opened two week two weeks ago if you"

"on the downside though if we do manage to if we don't manage to break through the support and we bounce down a potential support zone could again be the 61.8% 8% Fibonacci ratio, which for those who follow Fibonacci know that's that's the golden ratio."

"From a formation perspective, what's interesting to note here is that we've previously had a descend. We've had the lower lows and now we could have the first higher low potentially this week going forward."

"Probably will go through its previous high in November of 1.5. It's just the previous all-time high is a difficult number."

"I mean a 14x on anything you know certainly anything you know the top 10 is like in the top 120 or whatever it's at right now that is that is a very very big ask um"

"a lot of predictions out there for 2025 have a price target between 25 to 35."

"I will note that on the daily it has crossed a it has had a golden ratio with the 150day moving average crossing over the the one the 200 which is generally seen as a bullish sign."

"I'll also note that uh we've got um the potential Fibonacci level the 61.8 61.8% to the golden ratio level at about $32. If we do break above, then we could see that as a resistance level, but a downward resistance level, we're looking at about $16 to $18 in the past, which we've seen over the past few weeks, months indeed."

"However, if we close underneath this higher low, that will be very very concerning. And uh it doesn't look like we're doing that right now. So, we're good to go right now."

"If we do lose this, obviously I would be a little worried and I would just wait for a bullish setup to form or if we come down here to that equal low area, then I would definitely want to be buying just spot Bitcoin right down here as well."

"And so right here at around $117,000 is the next big resistance that I could see. And so once we come up here, I'm going to start being very very cautious and I'll probably just like exit my positions"

"if it falls underneath the lows and closes underneath here at uh.176, then you just need to get out of it because it could be literally a bottomless pit of despair. If it closes underneath here,"