Bitcoin Bears Have One Move Left… This Is Where I’m Buying
2 extracted signals · 2 resolved · 0 still active
Merlijn The TraderIndependent analyst profile- Source published
- 12 Aug 2026, 21:45 UTC
- Recorded by Tahlil Plus
- 12 Aug 2026, 23:06 UTC
AI-generated source summary
The market is currently in a bearish trend, with key resistance identified around $67,000-$68,000 for BTC and $2,000-$2,100 for ETH. The failure bound for BTC is set at $68,000 and for ETH at $1,950. Key support levels to watch are around $61,000 for BTC and $1,750 for ETH. The analysis suggests that any upside movement is likely to face significant resistance in these zones, making a short-term bearish outlook more probable. The 144-day moving average is also acting as a resistance in both BTC and ETH charts. However, if ETH breaks above its resistance at $2,000-$2,100 and BTC breaks above $67,000-$68,000, it would invalidate the current bearish thesis. The sentiment is that the market has exhausted its upward momentum and is poised for a downward correction.
AI-generated summary based on the source content.
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2 eligible signals linked to this case.
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Merlijn The Trader
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Tahlil Plus independently records and evaluates public market predictions. Extraction may be AI-assisted and results follow the Tahlil Plus methodology. This information is not financial advice.