The analysis indicates Bitcoin is rejecting a downward resistance level. Anticipation of a red dot suggests further price movement downwards, with volatility expected due to Federal Reserve interest rate announcements. A massively bearish Japanese carry trade scenario is playing out as expected. A drop towards $87,500 or $84,000 is anticipated, further drops should be expected if the reverse carry trade continues as predicted. Setting alerts at key levels, including market cycle highs and lows, pro trade manager signals, and levels of fear and max fear, is advised to catch potential market bottoms. The analyst highlighted an insider closing a short position for a $1 million loss before opening a $167 million long position before a Fed announcement.