In this Coin Bureau Trading episode, Aaron Dishner of The Better Traders addresses Bitcoin’s recent close above a key overhead resistance level while explaining why he remains unconvinced that a genuine reversal is underway. Drawing a parallel to the 2022 bear market, where a strong start to August was followed by a steady multi-week decline, Aaron argues that BTC’s current price action shows a similar pattern of early-month strength giving way to renewed weakness. He frames the broader picture as still consistent with a bear market bottoming process rather than a new uptrend.
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Aaron also walks through why he expects further downside across Bitcoin, Ethereum, and Solana, pointing to repeated pierces of key support zones as evidence that those levels are weakening rather than holding. He discusses the delay of the Clarity Act and argues that while the bill may be constructive for the industry over the long run, its short-term impact on price is likely to disappoint traders expecting an immediate rally, drawing comparisons to past news events like the Bitcoin spot ETF launch that failed to produce sustained upside.
By contrast, Aaron highlights gold’s recent breakout above resistance as a standout move, outlining Fibonacci-based upside targets while cautioning that a run toward the higher end of his range would require unusual macro stress. He closes by reiterating that he is positioned for lower lows across the major crypto assets before considering the market ready for accumulation, framing the current phase as one of patience rather than chasing strength.
📖 Chapters 📖
00:00 Bitcoin Breaks Above Key Resistance
03:23 Bitcoin’s Critical Support Level to Watch
05:41 Bitcoin Price Targets and Trade Setup
08:02 Ethereum’s Support Levels Are Cracking
13:41 Why Solana Could Fall Much Further
18:03 Gold’s Breakout and Fibonacci Price Targets
20:53 Bear Market Outlook and What Comes Next
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🔔 Disclaimer: The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial, legal, or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.