00:00Right now, Bitcoin is confirming a bearish divergence on the daily timeframe, but in the imminent short term, something very important is happening behind the charts

00:11Because while Bitcoin has seen a slight dump towards the downside, we have seen over 450 million dollars worth of Bitcoin long liquidations

00:21Currently, you can see that the funding rates are again starting to drop, while the open interest is completely reset for Bitcoin

00:29This could be indicating that we are creating another base to move higher

00:36So, in today's update video, I’m going to talk about the big correction we have obviously seen in the market

00:41Is this all been a trap on Bitcoin, or is this exactly the..

00:47Stepping stone for Bitcoin to be pushing higher from this point onwards? I'm going to be, obviously, talking about my most important levels, the most important levels of support we're currently approaching, the big zones of resistance we will be approaching very shortly, and so much more, including my massive profit of more than 1.3 million dollars I currently have on my exact Bitcoin long trade

01:10So, without any further ado, don't forget to once again watch this video till the end

01:17Smash that like button — back above 900 likes — that will be highly appreciated, and let me jump straight away into today's update video

01:25So, of course, Bitcoin did break out of the 50-weekly moving average, and I have basically stated from All of that point that Bitcoin is indeed confirming the end of the Bitcoin bear market

01:38And of course, if we're looking at the imminent short-term, on yesterday's video, I spoke about this dangerous pattern on the daily timeframe that Bitcoin was creating a bearish divergence, and look at what Bitcoin is currently doing

01:54It is actually confirming this bearish divergence on the daily timeframe

01:59Back in 2023, the moment we broke outside of this bear market territory, we created this exact same pattern, and Bitcoin actually dumped below the low

02:11This was the point that everyone was, of course, extremely fooled and thought Bitcoin was going to go much lower

02:15In the end, that did mark one of the..

02:19Biggest opportunities

02:23So, if this bearish divergence on Bitcoin is going to be playing out like this, that it does see a break towards the downside

02:27I've already mentioned this in yesterday's stream, in yesterday's video, and of course, if Bitcoin were to be dropping down towards this region right here, it would be for me approached as one of my biggest all-in regions on Bitcoin

02:40So, I don't think it is going to be likely that this is exactly going to be playing out, but if this were to be playing out, this will allow us a big, big opportunity to load onto long positions on Bitcoin and Ethereum, and I will be exactly doing that whenever Bitcoin does come to this region, especially towards that 200-day moving average

03:00Average, because during the last bear market as well, the moment Bitcoin broke above the 200-day moving average, it took us approximately 56 days before retesting it, and that exactly marked the level where Bitcoin saw a major bounce

03:17So, yes, again, if I'm looking at it right now, since we broke above it, we have now surpassed about 35 days

03:25If we're going to be retesting this level, I will definitely consider it one of the most significant support levels for this upcoming Bitcoin bull run

03:33Indeed, Bitcoin is currently creating a bearish divergence, and there are two ways a bearish divergence can play out on Bitcoin

03:42One way is that Bitcoin does see a big correction downward

03:44and the other way is that Bitcoin consolidates

03:49That is usually how it does play out, and this is of course the reason why we'll be closely monitoring Bitcoin right now on the immediate short term

03:54And I mean on the lower time frames, Bitcoin is still holding on to this support level at around 83.8K

04:02I've been discussing this level in yesterday's stream, and you can see that so far, this exact zone has been providing a lot of support for Bitcoin

04:11Every time Bitcoin touched this level, it bounced from it so far

04:15I also mentioned that if Bitcoin were to break below this zone, I would expect a bigger continuation to the downside to occur

04:21And if someone did..

04:28Took any scalp trades at this exact level? You had multiple opportunities, but they were definitely very good opportunities to take trades at this level

04:34So, if you did do that, congratulations

04:36But ultimately, I am still viewing this as a very important support level

04:40And in case we break it, we will be approaching this zone right here, where first of all, Bitcoin got rejected from here, and also, this will be marked as the major retest of Bitcoin that I want to see flipping into support

04:55But more importantly, what is currently happening in the background on this chart is that the Bitcoin funding rates are actually starting to go quite negative right now

05:04And this is..

05:07Coming after we've seen over approximately 25,000 Bitcoins get wiped out on long positions, we can see indeed that more than 450 million dollars in the last 24 hours in long positions were wiped out on Bitcoin

05:22And now, actually, if we're looking at the market, the market is more heavily into short positions than into long positions

05:29This is exactly something I spoke about

05:32It is, of course, not being signaled yet here, but the moment in this correction phase after the bear market bottom is basically confirmed, if Bitcoin is going to show us that a large amount of shorts are going to be opened in this region, it will be obviously a very bullish signal, not a bearish signal

05:52But obviously, whenever that will be

05:55Happening, you will be the first one to know on the channel

05:58And yeah, this is, of course, looking very interesting

06:00Then, of course, regarding my trade there, I mean, I am totally not worried about my exact Bitcoin long trade I currently have open

06:08I will continue to hold this trade open since I already have my stop loss in profit sitting around $62,000

06:16But really, the target of this trade is much higher than these current ranges

06:21And I am not afraid, actually, of a slight Bitcoin correction, even though it can come all the way down to $70,000, because that is my worst-case scenario for this Bitcoin correction

06:32And still, that would make me very bullish if Bitcoin does come towards the $70k to about $74k region

06:36Market right there

06:40So, I will definitely continue to look at the zones, and of course, if Bitcoin does come there, I would be viewing this as a major opportunity in the market

06:47And of course, if it does come there, I will be trading a lot and also jumping live on the channel

06:53So, don't forget to subscribe to the channel if you want to see that

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07:57in the market right now

07:59But so many people are asking me, "Is it over? Is the Bitcoin bull market over?" I mean, it hasn't even started yet, but Bitcoin, at the end of the day, guys, is just experiencing a slight correction

08:08This is normal to see here

08:10Actually, if we're looking at where Bitcoin is getting rejected from, it's exactly from that volume resistance

08:15Currently, Bitcoin is just getting rejected from this weekly low right here, where previously, of course, there was major support and resistance trading around this level

08:25And again, this is just a slight level where Bitcoin is encountering some resistance, but this is all more than normal to see after such a..

08:34A major push towards the upside, because you have to understand, Bitcoin has been going up over 40% in just a matter of 35 days

08:44And a slight little retest isn't going to be bad

08:46No, it will give us good opportunities for the upcoming Bitcoin bull run

08:51And yes, in my opinion, we have already confirmed this breakout

08:56And whenever Bitcoin does see this move towards the downside, and especially potentially towards this region right here, it will give us the biggest and best opportunities to load up into insane Bitcoin long trades

09:07So, this is exactly the region where I want to be going all in here

09:14If that doesn't happen, I'm going to be just looking at some small scalping opportunities, but of course, we..

09:19I have to wait and see how that is exactly going to be playing out here

09:22Then, Ethereum also, if I'm looking at my chart, exactly got rejected from that weekly low here back in November 2025

09:29Then also, for ETH, this is still my all-in zone if it were to come there

09:34And of course, from a bigger perspective, I think ETH is looking very good here

09:38It is breaking above the previous weekly high, and of course, on the ETH/BTC chart, we are still seeing a major breakout compared to the Bitcoin chart, and this one is still yet to play out

09:50And then, before I'm wrapping up this video, speaking about the spot Bitcoin ETF, I mean, it is quite insane so far

09:57Again, we are seeing inflows, and yeah, we're just..

10:00About 15% away from the all-time highs in terms of spot ETF inflows

10:05The ETFs continue to accumulate very aggressively in this bear market region, and this is just another confirmation that smart money is indeed accumulating

10:18And if Bitcoin does experience a slight rejection towards the downside, it doesn't necessarily mean something bad for Bitcoin

10:24It is just a reset, which we're also seeing here

10:27And the moment I see even more shorts getting active, we could be looking at a potential short squeeze in this market

10:35So, don't forget to subscribe to the channel, because if something big happens, I will be jumping live on the channel

10:40If you did enjoy..

10:42This video, don't forget to subscribe to the channel, like the video, and of course, check out the campaign in the first link below, because this is by far the best trading campaign out there

10:50But anyway, that's it for me in today's update video

10:52If you enjoyed it, don't forget to subscribe to the channel, like the video, and I'll see you guys on the next one

10:57Peace out

10:58Goodbye.