Bitcoin Crashed When Most Weren’t Looking and May Have Already Found a Bottomed? 🤷‍♂️

Price bounced off a previous low and looks ready to roll

The MFG Bitcoin Trade Report – Quick Update 🚨

I had a feeling something like this was coming.

Why? Because over the past week, my inbox and DMs lit up with the same message — “I’m thinking about going all in on Bitcoin.”

I get those kinds of messages near market tops. It’s when people finally total up what they “could’ve had” if the price hadn’t pulled back… and that emotion — that mix of regret and greed — usually marks the turning point.

That’s why I watch sentiment as closely as I watch the chart.

When enthusiasm spikes and traders start talking about “going all in,” that’s not confirmation — that’s caution.

Bitcoin doesn’t reward emotion. It rewards patience, discipline, and flow.

Right now, price has bounced off support, holding the anchor point from the last low. That’s our line in the sand — the lowest low of this stage four decline. Until price can close back above the 5-day EMA, we’re still in the decline phase.

Stage one begins only when price holds that low and drifts sideways. That’s the foundation of the next move.

Is the Bottom In?

I don’t know — but I do know it could be. And more importantly, I know exactly what to do either way. We don’t trade predictions; we trade what is and what we can see.

Bitcoin moves fast. One minute we’re headed for the moon, the next I’m drawing support lines because it just dropped $16,000 in a couple of days. Less than two weeks ago, I was marking $125K as a swing-trade target. This morning, I’m marking $99,000 as the new possible support zone — the anchor point for this move.

Bitcoin just bounced off a previous low, carving out what could become a fresh support line — the anchor of this recent Stage 4 decline. That’s our lowest low, our line in the sand.

Right now, price is still trading below the 5-day EMA, which means we’re not yet in a confirmed Stage 1 base. For that to happen, price needs to hold this low — no new breakdowns — and then print at least four candles, including the anchor day. When we see that, we’ll have confirmation of Stage 1 accumulation.

This current play is what I call an audible — just like in football. When the quarterback lines up and sees something he likes — or something he doesn’t — he has the power to change the play on the spot. He spots a weakness in the defense, or maybe a trap about to spring, and he calls an audible.

In the Army, we called it a battlefield adjustment — making a move based on what you’re seeing right now, combined with what you already know from experience. Same thing here. The chart shifts, the setup changes, and you adapt. That’s how you survive — and win — in trading.

Adding to sats to organic bitcoin, adding to leveraged Bitcoin poisitio’s Perpetual contracts, and to BITO.

“When a quarterback “calls an audible,” he changes the play at the line of scrimmage right before the snap — reacting to what he sees in the defense.”

It immediately changes the play — and yeah, it often breaks the rules. I call that when I believe the downside move is overdone, oversold, or just plain emotional. That’s when I’ll take the shot — when price dips below true value and the setup feels asymmetric.

Right now, I’m betting support holds. I’m using futures contracts to play this bounce. Big picture, nothing’s changed — I’m still bullish on Bitcoin until we see real cracks in the fundamental story. Short-term pain, long-term conviction.

Stay focused, stay steady, stay strong,

Gerald Peters - @fullauto11 | The Bitcoin Trade Report | Emergency Alert

1-936-661-7786 - The Peters Report.om