The Level To Watch For #Bitcoin… Otherwise It’s About To Get Shaky…

27 Jan 2022 · 15 min
15:02

In this solo market‑update video, The Art of Crypto walks viewers through his short‑term Bitcoin price outlook and the recurring weekly pattern he believes drives market moves. He explains the "Judas swing" – a rapid move that wipes out both short and long positions – followed by a three‑level pump (levels 1, 2, 3) that typically ends in a dump back to a consolidation zone. Using the current Thursday chart, he predicts a Friday pull‑back to roughly $34,700 (a 0.705 Fibonacci retracement) before a weekend range, after which he expects a further dip toward the $32,000 "unfinished auction" (UFA) support level. He ties this to the Bitcoin Volatility Index (BVI) forming a falling‑wedge, suggesting a potential explosive move after the weekend. He also discusses Bitcoin dominance (BTC.D) being bullish, which he says will keep altcoins weak; he marks altcoin support zones on the Total2 metric around $25.2 M, $24.7 M, $24.0 M, and $23.4 M, and notes that a BTC.D resistance around 43‑44% could signal altcoin entry opportunities. Throughout, he repeatedly disclaims that his commentary is not financial advice, offers trading‑approach guidance (using support/resistance as reversal signals rather than entry triggers), and promotes his Twitter, livestream, private Discord, and a revamping trading course. The video ends with a call to like, comment "BTC.D", and stay safe over the weekend.

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