Bitcoin: $86k Bounce Or $34k Crash? (The "Smart Money" Levels)

Bitcoin, Currency, Technology, Money, Cryptocurrency

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In this critical market update, Chief Market Strategist Gareth Soloway breaks down the Bitcoin (BTC) chart to reveal why he is not as bearish on crypto as he is on the stock market. Bitcoin has shown resilience by holding the key $74,000 breakout pullback level from April 2025 and the $73,000 highs. While a short-term technical bounce to the $85,000-$86,000 resistance zone is likely, the mid-term charts suggest a deeper correction is still in play.

Gareth outlines three specific scenarios every investor must watch:

The Base Case: A pullback to the $55,000-$65,000 accumulation zone, representing a standard 20% drop below previous cycle highs.

The Worst Case: If the stock market collapses, a massive "Head and Shoulders" pattern on the weekly chart targets a flush to $34,000-$35,000.

The Long Term: Why the trendlines point to a price target of $160,000-$170,000 in the next major bull cycle, likely around 2027-2028.

Forget the hype and the "million dollar" predictions—this is the "Smart Money" roadmap based purely on trendlines and historical data.

Video Length: 00:12:57


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