In this video, I dive into the key levels I’m watching on Bitcoin going forward.
The last 4 days of price action have been very constructive, and we are now seeing the kind of vertical move higher that we haven’t seen since the bear market began at the end of 2025.
Now, we want to see a choppy correction that holds the 200-day SMA. If that level breaks, it would be the first major warning that this was not the low that everyone thinks it is.
Bitcoin loves to run without giving people much time to get on the train, so I’m watching for shallow pullbacks before the next move higher.
The big confirmation levels are the Anchored VWAP from the all-time high at $78,906 and the 120-SMA on the 3-day chart at $82,272. If BTC can close solidly above both, it would be a very good sign that the bear market is behind us.
With this vertical move off the bottom, my overall plan is to add into weakness as long as Bitcoin holds the 200-day SMA. This worked extremely well in 2022.
If BTC eventually reaches massive targets like $250,000+, getting in at $75,000 versus $65,000 won’t make the biggest difference. The same was true in 2022. Getting in at $20,000 versus $25,000 wasn’t the important part. The important part was making sure key supports held on each dip, corrections remained overlapping, and bullish advances stayed strong and vertical.
On the equity side, I think QQQ and SPY are getting into some very strong support zones. We could go a little lower, but as long as SPY holds $753 and QQQ holds the 100-day SMA, I’ll remain bullish and continue buying the dip.
I bought SOXX on Thursday after it reached the 100-day SMA and filled its gap. SOXX has a great history of finding support at this key moving average, and I want to be long in case this is another example of a prime buying opportunity.
I go over all of this and much more in detail in the video above. Check it out!
SOXX Daily Chart
