$BTC | Levels and Analysis | 1.31.26

Bitcoin is down almost 20% so far this year and 40% off of the ATH. Is this the bottom? Or does it have more room to fall?

For new subscribers—

I use Fibonacci Sequences as the core of my analysis. I do implement both mechanical and contextual levels (from auction theory) in my analysis. I typically use mechanical levels to identify potential areas of support/distribution.

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I color code just so they are easier to follow along and understand

• Blue - potential discount zones (support levels)

• Purple - zones I’m looking for price to defend, (line in the sand)

• Red - premium zones (resistance / distribution zones)

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This will be my first dedicated post on bitcoin $BTC —

I find myself asking sometimes — what even is bitcoin? what does it even do?

This is where it becomes important to ground ourselves in reality.

• When you choose to trade / invest in an asset, you should understand what it is and its utility.

• That way you can avoid buying something useless like a jpeg of a rock or fartcoin at the top.

• Scroll to the bottom for key levels TL;DR

Here is my analysis for BTC the I posted few days ago to YT.

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Bitcoin is a speculative asset AND risk asset

Its price and value is contingent on speculation. Price is perceived value by speculators.