#Bitcoin Sunday Update: $BTC is holding the 1W 99 EMABitcoinCRYPTO:BTCUSDCryptoSkullSignal#Bitcoin Sunday Update: BTC is holding the 1W 99 EMA very strongly. That is why I repeatedly warned that a short term pump toward the 1W 50 EMA was likely. This strength is signaling a potential continuation to the upside, which is exactly what I have been waiting for over the past two months. After Bitcoin hit my sub 90k target, I clearly stated that a move toward the 1W 50 EMA in the 98k to 100k region, or even slightly above, was still possible before any major downside continuation. At this stage, the market appears to be attempting that move. For this reason, I am placing multiple short orders at 98k and 100k. I am keeping my existing shorts from the 118k region fully open, while current short orders are only preparation if price moves higher. My overall bias remains bearish, with downside targets below 72k in the coming months. This view is supported by Federal Reserve liquidity actions, including a $106 billion overnight repo injection on New Year’s Day, raising serious questions about underlying stress. At the same time, insider selling remains aggressive, increasing the risk of a 2008 style market event. These are extreme conditions. While many ignore these signals, the market remains highly vulnerable. I stay bullish only on gold and silver and strongly bearish on stocks and Bitcoin. If BTC reaches the 98k to 100k zone, I will add significantly to short positions. #btc #btcusd