TonyTheBullSeverino

WARNING: Bitcoin In Dangerous Position

Yesterday, I shared a video about a bearish alternative scenario where Bitcoin could fall up to 50%. I am seeing more and more technical confluence that points to such a situation.

The weekly MUST close very very bullish to fix the monthly and more importantly, the quarterly chart. If the weekly closes very bearish, we will instead potentially see a bearish Q4 and Q1 2026, despite me previously expecting the opposite.

Right now, BTCUSD is showing the tightest Bollinger Band reading ever on the weekly and monthly timeframes. This is called a SQUEEZE setup. When it ends, it releases pent up energy and volatility creating a huge, trending move.

As this happens, Bitcoin is at risk of losing a three-year uptrend channel, and there's an Evening Star pattern on the weekly chart.

Monthly momentum has crossed bearish. Weekly momentum is also pointing more sharply down. The technical setup appears to point towards a move to the 1.618 Fib extension of the April s

TOTAL3 (Altcoins) Triggers Weekly SuperTrend Buy Signal

TOTAL3 made an extremely incremental new ATH, but the weekly candle close last night was enough to trigger a SuperTrend BUY signal on the weekly.

These tend to do a fairly good job of capturing the overall trend. If the signal is as accurate as it has been in the past, we should see an uptrend for several months.

TAO Analysis via Chart Request

TAO is a tougher read on most timeframes.

However, the weekly Bollinger Bands are the tightest ever, suggesting a huge move is coming. It doesn’t tell us a direction currently, but a close above the upper Bollinger Band will generate a buy signal. The trade is closed when price closes back below the weekly Bollinger Band basis line.

If the rest of the market moves up, the pent up energy in TAO will release to the upside too.