EPISODE · Jan 20, 2026 · 56 MIN
Bitcoin Signals A Drop To $58K! Next Stop Or A Bear Trap?
from The Wolf Of All Streets · host Scott Melker
Bitcoin just printed one of the market’s most feared technical signals — the Death Cross — and traders are already eyeing a potential move toward $58,000. In this episode, we break down what the Death Cross actually means, why some analysts believe it signals further downside, and why others argue it’s a lagging indicator that often marks local bottoms. With sentiment cooling, liquidity thinning, and macro uncertainty still in play, is this the start of a deeper correction… or a classic bear trap before the next explosive move? Tune in for a no-nonsense breakdown of the charts, the psychology, and the levels that matter right now. Learn more about your ad choices. Visit megaphone.fm/adchoices
What this episode covers
Bitcoin just printed one of the market’s most feared technical signals — the Death Cross — and traders are already eyeing a potential move toward $58,000. In this episode, we break down what the Death Cross actually means, why some analysts believe it signals further downside, and why others argue it’s a lagging indicator that often marks local bottoms. With sentiment cooling, liquidity thinning, and macro uncertainty still in play, is this the start of a deeper correction… or a classic bear trap before the next explosive move? Tune in for a no-nonsense breakdown of the charts, the psychology, and the levels that matter right now. Learn more about your ad choices. Visit megaphone.fm/adchoices
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Bitcoin Signals A Drop To $58K! Next Stop Or A Bear Trap?
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