Bitcoin (BTC): The Bear Market Is NOT OVER.. Here Is The Proof! (WATCH ASAP)
MegaWhale Crypto · 4,230 words · 21 min read · EN-ORIG

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Good day legends and welcome back to another analysis. In today's video, we are taking a look at the macro and the short-term, discussing the recent correction for Bitcoin and how it translates to the macro charts. Are the sellers finally taking control? What are the implications of the rejection from the weekly resistance? and how much
lower can Bitcoin go? We are also going to be taking a very deep dive into the macro price action, going through a plethora of historical data, discussing statistical probabilities in regards to when the most likely bottom will occur. what will define the end of the bare market and more importantly how we can
project the date of which the cycle will break if the price doesn't reach a bottom. We are going through pages and pages and pages of calculations on both our charts here and the Excel sheets to show you statistically when the likely bottom will occur, what the earliest bottom will very well be, what the
latest bottom could be, and when we can be confident to say the cycle has broken. And you may recognize this analysis from the analysis we did back in October where we looked at the same data in relation to when the top may develop and that was bang on the money. So there's a lot to discuss today guys
from the macro to the short term. Let's jump on in. Starting to take a look at that market data. 24-hour volume and 24-hour liquidations of course surging upwards here. We've seen a lot of volatility come through very recently. volume up 96% 185 billion liquidations up 180% 594 million the majority of those liquidations occurring within the last
12 hours and a lot of those coming from long positions of 446 million total longs as Bitcoin and Ethereum and the broader cryptocurrency market take a plummet into support here and of course that is very much as a consequence to the announcement that interest rates are likely going to be hiked. And if we take
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