Bitcoin (BTC): Everyone Will Get Rekt Again! Dont Ignore This Resistance! (WARNING)

Good day, legends, and welcome back to another video. I hope you're all having an excellent start to end your day. Resistance is resistance until it is not. Any whole approach we have had through the entirety of the prior bull run from 16.5 to above 100,000 and then from 126,000 to present is that the trend is your

friend until it ends. We trade from a invalidation approach, meaning the expectation is the price will continue in the macro trend it is currently within until there is structural, trend-based, and strength-based confirmation the trend has properly reversed. And until then, what we are currently seeing is Bitcoin is still in a downtrend. All this talk about the bear market

ending, the trend reversing, and everyone turning bullish again is occurring as Bitcoin is retesting the major weekly resistance depicted by the gray box represented by the two prior lows before the rally to 80,000. This major point of weekly resistance is a level that has to break for the trend to break, the strength to depict a momentum

shift, and a structural break of the prior levels of resistance, all which would indicate a reversal has been confirmed. Until then, the talk about a reversal is premature. Doesn't mean it won't happen, but it does mean putting all your eggs in that basket too soon might end up biting you on the backside.

So, in today's analysis, we are going to be discussing exactly what is happening for Bitcoin, the current rejection from this level of resistance, the significance of it moving into the weekly candle close, which is only 3 days away, the upcoming monthly candle close, the immediate short-term price action, what is exactly happening here for Bitcoin, what are the