Bitcoins Next Move, Market Cipher Analysis + OIL, GOLD and More

Market and Trading Outlook

The presenter described markets as highly uncertain after a sharp selloff. He said he was mostly on the sidelines and cautioned against making major decisions around the Sunday-to-Monday market open.

Assets and Sectors

• Intel (INTC): He cited a roughly 30% one-day decline and a chart showing the stock down about 50% over four weeks.
• Bitcoin (BTC): Price was testing a “1.0 spider line” and had rebounded somewhat, but he viewed the setup as weak. RSI and momentum signals were soft, and the 6-hour chart showed no convincing bullish confirmation. He discussed $60,000 as a possible chart-pattern area, not a firm forecast. He had considered entering a position but withdrew as money-flow conditions changed, and said he had taken profit on an earlier long.
• Ethereum (ETH): Bitcoin and Ethereum had recently moved similarly. Money flow was deeply negative but beginning to improve on one view, while short-term signals remained mixed or bearish. The presenter expected a near-term decline, after which he might consider going long. This was conditional, not a firm trade recommendation.
• Gold: He expected weakness, citing declining RSI and money flow on daily and shorter-term charts. He described a potential rise as possibly a “dead cat bounce.” His comments about Bank of America failing to send gold higher were hypothetical, not a prediction.
• Oil and energy: Oil had pulled back toward $100, which he called an important level. He noted strength in the Energy Select Sector SPDR (XLE) and mentioned Chevron. His outlook was partly linked to the ongoing Russia–Ukraine war, which he did not expect to end soon.
• Cybersecurity / CIBR: He said he wished he had allocated more to cybersecurity earlier, argued that the sector was unlikely to disappear, and noted strong RSI and money flow turning greener. He was bullish on the theme but clarified that he was speaking for himself, not directing viewers.
• CoreWeave: He described strong downward price action and noted increased put-option activity betting on further declines.
• Palantir (PLTR): He described the stock as quietly holding up relatively well.
• Solana (SOL): He quoted a price of about $94, with deeply negative money flow and bearish daily-chart signals. He expected short-term weakness and mentioned $72 as a possible downside level.

Trading Framework and Risk Points

• Review money flow, RSI, momentum, and stochastic signals across multiple timeframes. The presenter referenced 30-minute, hourly, 6-hour, 12-hour, daily, and weekly charts.
• Look for confirmation rather than assuming a rebound is bullish. He viewed several crypto charts as weak despite oversold or improving signals.
• Avoid forcing trades around the weekend-to-Monday open, when the next move is uncertain. He said his main trading days were Tuesday through Thursday.
• Favor high-quality setups with an edge over trading for excitement, and be prepared to stay out of the market.
• The presenter acknowledged that he could still enter a trade at any moment; his stated view was not a guarantee of what he would do.

Promotions and Other Numbers

• The presenter advertised $80,000 per week in giveaways through BitBase and Bitunix links, described as $40,000 per platform.
• He promoted a 35% discount on Market Cipher using code SCARY. He said the promotion was expected to end that day and that he might seek an extension.

Disclosures and Source

The presenter said he was not telling viewers what to do when discussing cybersecurity and acknowledged uncertainty in his forecasts. No formal “not financial advice” statement appears in the subtitles. The giveaway and Market Cipher discount were promotional mentions.

Presenter/source: Crypto Face