1. Bitcoin's Current Market Patterns and Future Price Targets [0]

thumbnail Bitcoin is currently showing an ascending triangle pattern and has retested a key resistance level multiple times, suggesting a potential breakout to higher price targets.

1.1. Bitcoin's Ascending Triangle Pattern and Price Targets [0]

  1. Bitcoin is retesting a resistance level for the third time, forming an ascending triangle pattern [0].
    1. This pattern has been successfully traded many times before [2].
    2. The price target for a breakout from this triangle is approximately $93,000 [27].
  2. The speaker has a major Bitcoin long trade open and is currently $1.4 million in profit [28].
    1. When Bitcoin reaches around $90,000, the speaker plans to look for opportunities to hedge their major long position [30].
    2. Approximately $25 million in Bitcoin limit orders are placed around the $90,000 level, indicating strong resistance there [45].
  3. On the weekly timeframe, the only significant resistance level for Bitcoin is the weekly high of December 2026 and the weekly low of November 2025 [47].
    1. If Bitcoin can clear this level, there is nothing to stop it from reaching new all-time highs [50].
    2. The speaker has made a bold statement that Bitcoin will likely reach at least $100,000 this year and potentially more [51].
  4. The speaker is very bullish on Bitcoin, especially for the long run, and expects another significant move to the upside [52].
    1. The current consolidation phase looks like accumulation, which historically leads to another breakout [54].
    2. The speaker will discuss their bull market exit strategy and begin to lock in profits once Bitcoin breaks above all-time highs [57].
    3. The speaker plans to hold their current long position and take advantage of potential breakout trades, such as the one indicated by the ascending triangle [59].

1.2. Fair Value Gap Strategy and Market Dynamics [4]

  1. Bitcoin found support at the fair value gap on the weekly timeframe, proving it to be an effective trading method [4].
    1. This fair value gap has provided a "monster entry" for two consecutive weeks, offering numerous opportunities for long positions [13].
    2. On Monday, Bitcoin dumped to this level, flipped it into support, and has since risen by 0.8% [17].
    3. The fair value gap strategy is considered one of the best for scalp trading Bitcoin [18].
  2. The speaker shared a trading setup on Bitcoin in their Discord community, predicting a bounce from a specific zone [22].
    1. This zone is where the majority of trading volume has occurred, and a retest of this volume support zone would likely lead to another push upwards [23].
    2. The overall market structure, when zoomed out, appears to be another reaccumulation phase for Bitcoin [26].
  3. Bitcoin is expected to make another move to the upside, forming a major W-shaped pattern [38].
    1. Bitcoin was heavily shorted in a recent region, but now longs are aggressively entering the market, indicating a shift [39].
    2. When the majority of traders are short, Bitcoin often experiences a squeeze towards the upside [43].
    3. The speaker will notify their community if any significant changes occur in the market [42].

1.3. Ethereum's Reaccumulation Phase [61]

  1. Ethereum is also in a reaccumulation phase and appears ready for a breakout [61].
  2. A breakout above Ethereum's major monthly downward sloping trend line is expected to lead to a significant price increase [63].