Are We Still in a Bear Market? Bitcoin Analysis

In this video I break down the latest Bitcoin price action and explain how to interpret current market signals using Elliott Wave analysis. I cover the significance of the bullish divergence on the daily chart and explain why a corrective bounce may be forming even while the overall trend remains bearish. You will get my perspective on key support and resistance levels to watch, including the potential for a move toward 55k. I also analyze historical seasonality for July in bear market years and discuss how cycle engine tools help identify potential turning points in the market. By examining micro time frames, I detail the specific price hurdles that need to be cleared to signal a shift in momentum. Whether you are tracking Bitcoin for short-term trades or managing long-term positions, this analysis provides the technical context needed to navigate the current volatility. Timestamps: 0:00 - Bullish Divergence Analysis 2:31 - Bear Market Reality 3:34 - July Seasonality Insights 5:03 - Cycle Engine Overview 6:26 - Key Price Levels ----------------------------------------------------------------------------------------- 🧿 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