Bitcoin is about to MELT Faces……….

Key Points

• The speaker says Bitcoin’s weekly “W” breakout setup is nearing confirmation but remains unconfirmed.
• The speaker’s conditions for bullish confirmation are:
  • Bitcoin breaks above the neckline/resistance near $82,000.
  • Bitcoin retests that level and holds it as support. A bounce has occurred, but the retest is not described as fully confirmed.
  • Bitcoin breaks above the prior rejection area at $86,700 with volume support and records a weekly close above that level.
• Until these conditions are met, the speaker says there is not a high degree of confidence in an upside breakout. The stated stance is to remain bullish only after a weekly breakout above $86,700.
• If the setup is confirmed, the speaker’s conservative measured-move target is approximately $100,000–$102,000 per Bitcoin. The estimate is based on the W pattern’s neckline-to-candle-body measurement, rather than its high.

Assets and Positions Mentioned

• Bitcoin (BTC)
• XRP
• Ethereum (ETH)
• Monero (XMR), mentioned in a garbled passage; the exact position list is unclear.

The speaker says positions or “deals” involving BTC, XRP, and Ethereum remain open and claims they are showing $1.4 million in profit overall. The speaker also mentions having been “burned” on an XRP trade.

Disclosures and Cautions

• The breakout and target are conditional technical-analysis views, not confirmed outcomes.
• The subtitles do not include an explicit “not financial advice” disclaimer.

Presenter and Source

• Presenter: Not clearly identified by name in the subtitles.
• Source: MMCrypto YouTube channel.