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Bearish Engulfing
LIGHT Volume
Oil $UCO $XOM $COP $MRO $BP

Finally, some good news
ATM
BEST $BTC has looked in a LONG TIME
Buy volume is there, not great, but there
As you can see the RSI & $ Flow are pushing higher
2)
Some obstacles
Dily = BLUE Moving avg
Weekly = RED Moving Avg

We spoke about this long time ago
There's a high possibility most altcoins won't be coming back

$DJI WEAK
Why would it strengthen?
Oversold
As we stated over a month ago... Indices were looking TIRED

$META filled gap
Problem?
There's 2 more much lower
Will it fill?
Contrary to popular opinion, gaps don't necessarily need to be filled
Currently at the uptrend

Not looking great
In this market look for strength
IMO opens big, sell weakness into move & WAIT
$DJI $NDX
$SOX looks interesting on the 1Hr
Inverse Head Shoulder
$BTC holding

NOT looking good intraday...
Markets are looking to go lower unless there is a big change FAST
$DJI $DIA $UDOW

$DJI is not looking good
Oversold again
May get a bounce here but it's likely short lived
$NDX holding far better
But it may get pulled by the DOW's weakness
Next few days are VITAL
$SPX not as oversold as $DIA
Surprisingly Mr. $VIX isn't higher
Hmmm

$SOL doesn't look as strong as $BTC but it's not bad
Daily is not great but coming with this decision because of the weekly chart
Solana is oversold
Buying starting to come in
$ Flow increasing
Not out the woods but if Bitcoin gets strong altcoins will follow

1/2
$BTC has been holding well, all things considered
IMO this is a good sign for Bitcoin
Fighting the GREEN moving avg & holding above the RED
Now, it wont be easy...
It's struggling here because...
Continued crypto BTC

1/2
On Bitcoin e were short term CAUTIOUS to bullish long term late last year...
We then made it LOUD & PUBLIC that we sold ALL our Crypto $BTC $ETH & altcoins, think it was around 110k, & was once we sold the leveraged ETF's higher
So what now?
LIKE, what we have been seeing

$DJI hitting oversold & at support level
$ Flow is weird, held well...
Anyway, Bounce? Worth a shot?
$SPX not as oversold but at support level
What is up with $ Flow, is this retail?!?!?!
$NDX has been here for over a month
Holding well

YELLOW Line = the 33ish area
Arrows = Mr. $VIX topped out in the area
Generally = end of downslide in $SPX at that specific point in time
Other 2 charts are those areas Zoomed In
IF it doesn't top: 37, Mid 40's
More recently it has gone to the 50-60's
Stocks

Interesting that $BTC is bouncing at 66k
This means the original longs we took in $BITX = UP
Shaved some off on last rally &MAY buy again

#1
These are peak oil in 2025
#2
These are peaks from the last admin
Oil is not far from the highs
It also moved MUCH FASTER, about a week

1/2
For many years we've stated that $BTC was a different animal after 2021, we may have been the only ones
Forget cycles, history, influencers, & past data
Leave emotions at the door
There's still a good amount of belief in BTC
Info:
As of now Bitcoin is trading in a channel

$ETH, see our previous $BTC post
Will add that it DOES NOT look as good as Bitcoin
Not that BTC looks great to begin with

We warned about this selloff...
Depending on the averages used, we're at support
1st Chart Daily = 170 EMA
2nd Chart Weekly = 37 EMA
3rd Chart shows we may get a possible bottom in the 46k area

$BTC keeps breaking out of small patters but ends up being back inside them
Not giving up on Bitcoin BUT it NEEDS to hold this area for a bit in order for it to be a bottom
Long BTC at bottom area, trade some, & hodl some for longer term, once official can go full long