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Bitcoin Market Update: Bears or Bulls in Control? — MarketVault
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Bitcoin Market Update: Bears or Bulls in Control?

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In this video I break down the latest Bitcoin price action to determine if we are seeing a major bottom or just a temporary bounce. I analyze the current market structure using the Elliott Wave model to identify the key support and resistance zones that will dictate the direction of the market for the coming week. I cover the current four-hour timeframe, explaining how the market is behaving within its trend channel and why the distinction between a wave two and a potential C-wave recovery is critical. You will learn exactly what signals I am watching for on the shorter-term charts, including what constitutes a shift in momentum versus a continuation of the bearish trend. Whether you are looking for clarity on the macro outlook or the specific levels to watch for day-to-day moves, this breakdown provides a clear roadmap. We look at the probabilities of a continued decline versus a breakout, giving you the context needed to navigate the current volatility. ----------------------------------------------------------------------------------------- 🧿 MCO Global: 💻 https://www.mcoglobal.com/ ✉️ Join the FREE Newsletter: 👉 https://mcoglobal.com/newsletter/ 🧿 Join the More Crypto Online Community: 👉 https://www.mcoglobal.com/memberships OR 👉 https://www.youtube.com/channel/UCngIhBkikUe6e7tZTjpKK7Q/join OR 👉 https://www.patreon.com/morecryptoonline 🧿 Join the MCO Stocks & S&P500 Community: 👉 https://www.patreon.com/moretradingonline ----------------------------------------------------------------------------------------- 🧿 Social Media: 👉 X / Twitter: https://x.com/Morecryptoonl 👉 Instagram: https://www.instagram.com/morecryptoonline_official/ 🔗 All Links: https://linktr.ee/morecryptoonline ✉️ Contact: info@morecryptoonline.com ----------------------------------------------------------------------------------------- 🧿 Exchanges & Brokers (Affiliate Links): 👉 Trade on Bybit: https://partner.bybit.com/b/MCO 👉 Trade on Bitget: https://part



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Added 4 Aug 2026