“Some of the price is still trading above the upper Bellindra bands on both timeframes, meaning it's short-term overbought and due for at least a pause or a short-term pullback coming eventually.”
price then $73,025
→ $81,847 · +12.1% · watch 5:52
MISSBTC ▼ → $60,000(conditional)· Aug 17, 2026 · horizon 5d
“So I do expect that if Bitcoin does break below that $62,200, that head and shoulder pattern will play out. And what will be caused is a drop in the crypto market, and more than likely altcoins will follow the drop.”
price then $64,532
→ $77,075 · +19.4% · watch 5:51
“this is going to be very supply and demand, kind of consolidation, and maybe even a slow decline, because right now we do have more sellers than buyers.”
price then $64,532
→ $76,206 · +18.1% · watch 6:54
“So if we reject right here around the 64-2, what's going to more than likely happen if we do close below it on the daily, we're going to retest that 62 again.”
price then $64,532
→ $77,075 · +19.4% · watch 2:08