Bitcoin Just Got Rejected at the 200 SMA. The Perma Bears Just Turned Bullish.
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Bitcoin spiked to $82,500, got rejected hard at the 200-day SMA at $82,228. And right on cue, the perma bears are turning bullish. Here’s why that matters and what comes next.
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ABOUT THIS CHANNEL
Eric Crown is a former NYSE ARCA options market maker with 15+ years of trading and investing experience. This channel delivers daily Bitcoin, macro, and cross-market analysis using a systematic five-layer framework. No hype. No shilling. Data-driven analysis with proof of trade.
This content is for educational purposes only. Not financial advice. Always do your own research. Do not trade on exchanges that prohibit trading from your region.
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0:00 – Bitcoin pullback after 200-day average test
1:12 – Potential downside targets for Bitcoin
2:44 – Importance of the $78,000 support level
4:43 – Expecting more downside in the short term
5:53 – Discussing long-term investment strategies
6:50 – Warning about group pricing and exclusivity
7:48 – Analyzing Bitcoin’s potential downside movement
9:00 – Historical patterns of Bitcoin’s price movements
11:54 – Current Bitcoin market analysis
12:50 – Upcoming bullish signals for Bitcoin
14:00 – Long-term investment strategies discussed
15:06 – Market trends and future predictions