Bitcoin is in the final stage of the bullish cycle, and we want to look for the best price to sell and prepare for the 2025/2026 bear market! The best price to sell Bitcoin is at the 1.618 FIB extension or at the main long-term 2017-2021-2025 trendline. This is exactly at 122,069, as we can see on the chart. And 2 weeks ago, Bitcoin hit both the Fibonacci level and trendline! So this is a strong sell signal.

Buying Bitcoin at the tipity top of a bullish cycle is not the best idea, because we will see 60,000 USD per Bitcoin in 2026! From the Elliott Wave perspective, there is probably only 1 high-probability scenario, and it's this ending diagonal pattern (rising wedge). I think we will see a final 2 waves on Bitcoin to form an ending diagonal wedge pattern (1-2-3-4-5). Bitcoin just finished wave 5 and is starting a brand new corrective pattern.

But you can be more conservative and wait for more confirmations, such as a break of the 50-week moving average. Waiting for such confirmations in general gives us a higher chance of success but a lower risk-to-reward ratio; in other words, you can't catch the top. I always recommend using simple moving averages with 20, 50, 100, and 200 periods because this is what the big players are using as well. These MAs are very popular among giant institutions, banks, and investors.

What's more, Bitcoin seasonality is telling us that August and September are the most bearish months for Bitcoin statistically. So you probably want to sell before a sell-off kicks in.

Write a comment with your altcoin + hit the like button, and I will make an analysis for you in response. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!

Hello Traders!

What are your thoughts on EURUSD?

EUR/USD kicked off the week with a sharp drop of nearly 200 pips, driven by renewed concerns over U.S. tariff policies. This strong bearish momentum signals intensified selling pressure across the board.
The pair is now approaching a support zone, which has previously triggered bullish reactions.
However, given the current strong bearish sentiment, there is a real risk this support may not hold.
Our bias remains bearish overall.
If the pair finds temporary support at this level, a short-term corrective bounce is possible.
But ultimately, we expect a continuation of the downtrend toward lower support levels after the correction completes.

Can this support zone stop the bleeding, or is more downside coming? Let us know your thoughts!
Don’t forget to like and share your thoughts in the comments! ️