Bitcoin: Don't Be Fooled By The Institutions! | Bitcoin BTC Price Prediction and Analysis 2021
In this solo commentary, the creator of The Art Of Crypto delivers a technical market analysis of Bitcoin, focusing on the concept of order blocks as zones of untapped institutional liquidity. He explains how bullish and bearish order blocks are identified by the last candle opposite the direction of a large move, and illustrates multiple recent examples on 1‑hour, 4‑hour, 12‑hour, and daily charts. The video walks through key price levels – roughly $31,600 (recent bottom), $32,000‑$32,300 (potential short‑term pump), $33,300 (critical breakout level), $34,000 (bearish order block), $31,000‑$30,000 (first bearish target), $28,800, $27,100, and $24,400 (deeper support zones). For each scenario he outlines entry tactics (breakout entry, retest entry), stop‑loss placement (above swing highs for shorts, below swing lows for longs), and risk‑reward considerations, emphasizing simple volume‑based indicators over complex tools. He also references the Bitcoin Historical Volatility Index (BVOL) to argue that low volatility precedes a potential sharp dump, citing past spikes in March as precedent. Throughout, he stresses that institutions drive large moves, urging retail traders to align with institutional levels rather than fight them. The latter part of the video is promotional, urging viewers to follow his Twitter, like the video, and join a paid private Discord where he claims to provide daily trade alerts and deeper education. The tone is conversational yet technical, with a confident, persuasive, and occasionally boastful sentiment.
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What's up everybody, welcome back to The Art Of Crypto, the birthplace of absolutely legendary gains. In this video, we are going to discuss what is happening with Bitcoin, and if you have watched the previous video that I made about Bitcoin, then you would have expected this. In fact, we actually sniped the exact bottom for Bitcoin at $31,600. Like, look at this, the price came down to $31,580, and I was calling in my previous video to buy Bitcoin at $31,600, and if you would have done that, Bam! I have had so many people come and message me on Telegram saying thank you. And now we're going to discuss what's next for Bitcoin. So immediately, right off the bat, you can see that this area right here— if I just draw the line from here to here, from $32,010 to $31,700— this is what you call an order block. Basically, all order blocks are is the last candle in the opposite direction before a massive move either up down. So in this case, this was the last bearish candle before this massive move upwards. So this is an order block, and this is a bullish order block. And all order blocks simply are, are areas of untapped liquidity. Basically, these are areas where the institutions will like to push the price to before continuing the dump. So just to give you an example of an order block in play, so this right here is the last bullish candle before a massive move down. This was An order block, area of untapped liquidity. Over here, same thing. So this one was an order block. Look where the price came up to, right? To fill that order block before dumping. And if we go onto the 4-hourly, this actually becomes much, much more clearer. And you can see price basically just respects these order blocks. Like, look at this massive pump up. Price came back down to fill the order block before moving upwards. Price went down. Price came up to fill the order block before continuing downwards. And right now we are in the process of filling in a 1-hourly order block. So this is why this matters. If Bitcoin is able to hold this level between $32,000 to $31,700 right now, it is very likely that we are going to see Bitcoin pump, and the area of the pump is going to be at $32,300. Now I know this may only be 1%, but remember, the market moves in series of expansions and consolidations. So if the price were to hold this level right now and it pumps to $32,000, 300, then it is very likely either 2 things are going to happen. The first one is we're going to get rejected here, and then we're going to sort of form a triangle pattern where then the next decision to be made is, you know, it's going to take another couple of days. Or the scenario number 2 that could happen is if the price holds here, it will actually go up and break through this level and actually continue upwards to clear this order block right here. So if you notice how I wrote here protected highs, so these are all protected highs. And you can see that during this one move upwards, we have broken through 1, 2, and 3 protected highs. Now what does protected highs mean? So just to explain it to you, all you need to know is that these massive moves downwards, these massive moves downwards, this is caused by institutions because there is no way retail traders will be able to push the price Like that, especially on the largest cryptocurrency, which is Bitcoin. It has the highest market cap and it has the highest liquidity. There is no way that retail traders are going to be moving the markets like this. So basically, protected highs simply mean if the institutions have pushed the price down, that means that they are interested in opening a short position. In fact, they already have a short position, as you can see from this order block fill right here. By the way, if you haven't already followed me on my Twitter, I was telling everyone that Expect Bitcoin to come up to 34,700 before doing a short. And look at the price—it came exactly to 34. You know, we missed it by $20, and then it dumped. So for real, guys, follow me on Twitter. Yeah. So because institutions are going for a short, that means that they do not want the price to rise. Makes sense. Yeah. And that's why you see that the price has been rejected at this order block right here. So this is the signal for Bitcoin to become bullish. It needs to break above this level right here at 33,300, which I'm going to mark down. Right now, so these highs are basically where a lot of short stop losses are going to be. So imagine if you were going short over here, where would you set your stop loss? Presumably above this swing high. Yeah, and all the swing high is if you take a look at this candle right here, the top of this candle is taller than the next two candles next to it. This is what you call a swing high. So you're going to place your stop loss right above the swing high if you were going short. So the price does manage to break above this, that means that the institutions are no longer involved in going short. That because they willingly allowed their stop losses to get triggered, which means either they have already closed their position down here or they have took a loss on this trade. And so this level is going to be a level that you're going to want to pay attention to because this is the turning point of whether or not Bitcoin is going to be bullish. In fact, the second turning point for Bitcoin is actually for Bitcoin to hold this level right here. Because if Bitcoin manages to hold this level, then what we're gonna get is— if you just take a look here, this is a low and this is a swing high, including this. So if you just take a look here, this is the swing high and this right here is the previous swing high right here at about $32,800, which means we have currently formed a higher high. So if Bitcoin manages to hold this level right here, that means that we are about to form a higher low as well. And if we get that, then that is a very bullish sign For Bitcoin, but I would still recommend you stay away from going long unless you want to go long here. Then that's fine. That's perfectly fine. But unless like by the time this video comes out, we will probably already be too late. In that case, I want you to pay attention to this level at 33,300. This is going to be your you know the key level that you're going to want to watch. If we break above this level, then it's very likely that we're going to come back up to fill a bullish. Sorry, a bearish order block at 34K, in which case you can actually take a short. And by the way, this is— I know this sounds really simplistic, but sometimes trading is just— it's just that, it's simple. There's no need to overcomplicate things with, you know, indicators and whatever. Like, if you notice, the only indicators that I'm using is just volume. And, you know, both of these are volume actually. This is the volume profile and this is volume straight up. So that is in the case that Bitcoin actually holds this order block, but Let's discuss what happens if Bitcoin doesn't hold that order block. Then we have to figure out exactly where Bitcoin's going to go. So if we just zoom out onto the 12-hourly chart, you can see that Bitcoin, if it breaks below this level right here at about, I would say, $31K, at about $31K to possibly $30K-ish, right? If Bitcoin breaks below $31K, let's just do $31K for now, You can see that volume really dies out after Bitcoin drops below 31K. This means that if Bitcoin were to drop, like, as long— actually, the bearish scenario right now would be if Bitcoin does not hold this bullish order block. The moment you see Bitcoin drop beneath this level right here at 31,600, as long as Bitcoin drops beneath— the moment Bitcoin drops beneath this level, I would say Bitcoin is being bearish right now because not only have we formed a lower low, but we have also failed to hold this bullish order block, which means the institutions are not interested in having Bitcoin— or rather, in going long on Bitcoin at this level. And remember guys, institutions are the ones with the money, they are the ones with the power. Us as retail traders, we have no way of fighting against them. So if you can't beat them, you join them. Capisce? And that is why we are looking out for institutional levels right now. So if we go back onto the daily chart, you can see the moment we break below $31,600, I actually want you to take a short. And if you want to find out exactly how to take that trade, you want to stick around for a little bit, because right now the targets for the short— if it does break below $31,600, the first target is actually going to be $31K. The second target is actually, actually going to be at, at least in my humble opinion, 28,800. Now I do not believe Bitcoin is going to hold much support at this level. It's just going to go straight down to 21— sorry, 28,800. But in the event that this breaks even lower, then we're going to want to pay attention to this level at about 27,700-ish. So this is going to be a previous order block. Sorry, I might actually move this just a tad bit down. So 27K. So 27K to 27.2K. Let's just go with 27.1K for now. So as you can see, this is a bullish order block. Remember what I said about massive move upwards and the last bearish candle? You can see that this massive move upwards was preceded by this last bearish candle. So this is an order block, and you can see that we have not came back down to fill this order block. I mean, you could argue that this entire thing right here Like, if I just plot it out for you guys, you could argue that this entire part is the order block, and we actually did come down to fill the order block to the level, and then we pumped. But I would argue that we have kind of a little bit of untapped liquidity at that level, and if institutions are going to push the price down anywhere, it is probably going to push it down there. And if I just turn on the order block finder, you can see that indeed we have a bullish order block. And remember guys, institutions like to push the price to areas of untapped liquidity. In this case, I do highly believe that If we do drop below this bullish order block right now, I do believe that we are going straight down to 27.2K. Feel free to check back onto this video like, you know, a few days after the fact or even a couple of weeks. In fact, another reason why I do believe that we are going to be going through a dump right now is just take a look at the Bitcoin Historical Volatility Index. So if we just go on to the daily chart, you can see that Historically speaking, we are still at about the lower end of the Bitcoin Historical Volatility Index. And for those of you who do not know what this is, it is simply a measure of how volatile Bitcoin is. And as you may know, the more volatile Bitcoin is, you know, the bigger the dump. In fact, the reason why I say it's going to be a dump is because if you just backtest this, about 6 times out of 10, maybe 7 times out of 10, I can't be too sure. Whenever you get a spike in Bitcoin volatility, you tend to get a massive dump. So for example, this massive spike on Bitcoin volatility happened on the beginning of March. And if we go back onto Bitcoin, and if we go back to the beginning of March, so that is the 2nd of March. So you can see as BVOL spiked, Bitcoin dumped hard, and I'm talking like hard, like 24%. And right now Bitcoin volatility is at historically low levels. So I would not be surprised if Bitcoin actually goes to $27K or potentially even $24K, although I do not think $24K is going to happen that quick. So back onto Bitcoin, yeah. So these are the levels that you're going to want to watch out for. And if you do get a short, remember, now right now I'm going to teach you exactly how to trade this, right? Exactly what you should do if the price goes down here or if the price goes up here. But before I do, if you enjoyed this video so far and you have learned a thing or two, it would help me so much if you could just drop a like. It's a small gesture, but it really helps a lot. So the way that you're going to want to trade these levels is As the price is breaking below this level, you are going to want to enter along with the breakout. And remember, you do not want to enter before you break this level at $31,600. Only after you break this level do you enter. So that's going to be your first entry. The second entry is going to be a breakdown and a bearish retest. Bearish retests basically just means price tends to not go straight down. So if it breaks below this support line and it comes back up to retest it and fails, this is going to be your second entry. Now same thing goes for this high right here. The way you enter is as the price is breaking above with volume, you enter along with the breakout. And the alternative entry is a bullish retest. Now the reason why I recommend these 2 entries is because there is a saying that previous support becomes future resistance and previous resistance tends to become future support. If you do enter on both of these entries, you can literally just set your stop loss right beneath this level And if the price does fall back down and you get stopped out, then that is fine because, you know, a breakout is supposed to be, you know, a breakout, and it's not supposed to come back down. So it's okay to get stopped out of a trade. In fact, many of the best traders in the world are wrong about, you know, half or maybe 60% of the time, and yet they are still incredibly profitable. And the reason for that is because they do not let any one loss absolutely blow up their account. So risk management is key. Right here, and it's okay to be wrong. And right now, if you do enjoy the fact that I always give you the exact levels— and mind you, I'm always sniping the exact levels and I'm teaching you exactly how to trade things if the price does go to that level— if you're interested about learning exactly how to do this, or maybe you're just serious about doing crypto or trading for a career, then you're going to want to check out the private Discord group over here. You're going to get access to a world-class trading education that will Like, if you're interested to figure out exactly how I'm able to snipe all these entries, how I'm able to be so confident that, oh, if the price goes below here, then it's going to be down— if you just want to learn that, then head on over to the private Discord group over here. Not only are you going to get access to that education, but over here I'm calling profitable trading setups every single day. Like, if we go onto the profits page, look at these guys making absolute bank. Like, this guy went long on AXS, which I called, by the way. And there are so many people in this Discord group who have already made back their money in just a couple of trades. So if you're interested, it's going to pay itself off real quick. Right now, if you want to sign up, you can just head to the link in the description and sign up through crypto. Right now you can get up to 40% off. Monthly though is currently closed because I want to be able to dedicate focused attention to every single member in the group, and I cannot do that if there are too many people in the group. So if you're interested to get this focused attention You're going to want to sign up for the private group. The link is in the description. I'll see you in the private group. So these are exactly the levels that you should be marking down for Bitcoin. And what if, right, you might be thinking, what if you fall below $27K? So right now we're going to go back onto the daily chart and we're going to identify what level should we be paying attention to if we drop below $27K. And that's going to be $24,400. So you're going to want to mark down all of these levels that I'm just marking out for you. Because at this level, this is the ideal— like, ideally I would want to get Bitcoin at this price because this is an order block that has not been tested at all. Again, if we just bring up the order block finder, you can see, okay, it doesn't really identify this, but I don't care. I don't really use that indicator to check anything. Like, I'm familiar with this concept. So you're going to want to mark down this level at $24,400. This is going to be the absolute bottom for Bitcoin, at least in this move. And if you can get up Bitcoin at this level, it's going to be absolutely brilliant. But the way that you're going to want to use these levels is actually to dollar cost average. And by that I mean, if as long as the price is falling down, you don't want to be trying to get Bitcoin, like all your Bitcoin, at $24K because there's no guarantee that the price is even going to get there. What if it gets to $28K and it bounces? What if it goes to $27K and it bounces? Which is why you dollar cost average. So imagine if you were going in with $1,000 Maybe I would buy 25% of my Bitcoin at $31K, or rather $28.8K. I'll buy like, you know, 25% of my Bitcoin at $27K, and I'll buy the rest, 50%, at $24.4K. And that's how you dollar cost average, because nobody knows exactly where is the bottom. All you can do is dollar cost average and average down your position as it goes. That way you ensure that you get the best possible trade. So right now I want you to mark down these levels on your own chart, yeah? Because I'm already giving you the exact levels, right? This is the TP, right? All the TPs where you should be buying Bitcoin, everything. If you can't even be bothered to mark down these levels on your own chart, there is nothing more that I can do for you. So make sure you take some time to do that. And remember, if you're serious about doing this trading thing for a career and you just want to know how I'm able to do what I do, you're going to want to check out the private Discord group. Like, seriously, it'll pay itself off real quick. So head to the link in the description, and I'm gonna see you in the private Discord group. And if you are here until this point so far, I just want you to know that you are ahead of 90% of people right now because 90% of people don't watch these videos until the end because they would rather be watching Elon Musk sing Baby. So I just want you to congratulate yourself for watching until this point. If you have, trust me, you are going to be successful. It's only a matter of time because you're already putting in The work that 90% of people are not. So I just want you to comment down in the comment section 10% to show that you are part of the 10% that is willing to put in the work. And with that said, my friend, may the gains be with you, and peace. Peace.
