Bitcoin Downtrend Explained: Why Most Investors Are Getting Wrecked Right Now w/ Koroush

Karush and LG break down Bitcoin’s persistent downtrend, offering precise trade levels, regime-based rules, and bear-market skill-building.

Key Takeaways

Market regime: Bitcoin is in a clear downtrend—bias toward shorts until structure breaks; consider shorting near 65.8k, resistance ~85k, and a probable path toward ~55k.
Trade rules: In trends trade break-continuations not bounce reversals; longs require exceptional setups while shorts can be taken with average setups and strict risk limits.
Macro and events: ETF flows and big buyers can prop prices and mask weak charts—treat news as one data point; prioritize volume and public attention for tradable moves.
Investor vs trader: Most should adopt long-term investing; traders need a repeatable edge, a trade journal, strict risk management, and rule-based testing of ~30 trades.
Skill building: Use bear markets to learn chart reading, develop daily routines, practice trades, join projects/teams, and use meditation to control greed and fear.
Tactics & tools: Use coin scanners and DEX activity to find volatility; SUM offers crypto tax reporting (code MilkRoad20); Warbucks/Bridge enable instant on-ramp and stablecoin issuance.
Mental health & risk: Acknowledge grief from missed trades, prioritize health and housing, lean on community, and never invest more than you can afford to lose.