BITCOIN: LIQUIDATIONS ARE COMING!!! [watch out]
1 extracted signal · 0 resolved · 1 still active
CryptoJackIndependent analyst profile- Source published
- 31 Aug 2026, 08:05 UTC
- Recorded by Tahlil Plus
- 31 Aug 2026, 09:17 UTC
![Video preview for BITCOIN: LIQUIDATIONS ARE COMING!!! [watch out]](https://i.ytimg.com/vi/BuKsQTTTZio/hqdefault.jpg)
AI-generated source summary
The video analyzes Bitcoin's (BTCUSDT) weekly chart, noting its current bearish trend. The 50-week moving average is acting as a resistance level, suppressing price action. Historically, Bitcoin has experienced significant downturns after reaching previous all-time highs, and the current price action, particularly the series of lower highs and lower lows on the weekly chart, suggests a continuation of the bearish trend. The RSI is also showing bearish divergence and is suppressed by the descending trendline, indicating a potential further decline. The analysis highlights that the failure of the 50-week moving average to act as support and the inability to break key resistance levels signal a bearish continuation. The target for Bitcoin is estimated to be around $66,000, with a failure bound at $76,000, beyond which the bearish thesis would be invalidated.
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CryptoJack
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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.
