{"id":271491,"date":"2026-06-14T01:30:00","date_gmt":"2026-06-14T08:30:00","guid":{"rendered":"https:\/\/www.brookstradingcourse.com\/?p=271491"},"modified":"2026-06-13T23:38:18","modified_gmt":"2026-06-14T06:38:18","slug":"bitcoin-inside-bar-following-bear-climax","status":"publish","type":"post","link":"https:\/\/www.brookstradingcourse.com\/pt-br\/analysis\/bitcoin-inside-bar-following-bear-climax\/","title":{"rendered":"Bitcoin Inside Bar Following Bear Climax"},"content":{"rendered":"\n

Market Video Report: Bitcoin<\/h2>\n\n\n\n
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\"Bitcoin<\/span><\/figure><\/div>\n<\/div><\/div>\n\n\n\n

Duration 21:46mins. <\/em><\/p>\n\n\n\n

Summary <\/h3>\n\n\n\n

This analysis of Bitcoin<\/a>‘s <\/strong>price action highlights the high-probability transition into a trading range following a significant bear climax like the one on the Daily Chart. Moreover, identifies $68,000 as a major upside magnet on the daily chart and projects a target of $90,000 on the weekly timeframe.<\/p>\n\n\n\n

Transcript<\/h3>\n\n\n\n

Hello everyone, and welcome back to this week’s Bitcoin price action analysis. My name is Josep Capo, and I am a trader and an author for the Brooks Trading Course website. <\/p>\n\n\n\n

\"Weekly<\/a>
Weekly Chart of Bitcoin on June 13th 2026<\/figcaption><\/figure>\n\n\n\n

As we have been discussing, the context of this chart is likely a major trading range<\/sup>. The all-time highs represent the top of the range, and the low of the trading range\u2014formed over eight months in 2024\u2014is likely the lower boundary<\/sup>. In trading ranges, the most typical patterns consist of two legs that test both extremes<\/sup>. In this case, I am drawing two legs up, and now I am going to draw two legs down\u2014one leg down, and a second leg down<\/sup>. Typically, after a couple of legs in one direction, the price begins a couple of legs in the opposite direction<\/sup>. Therefore, I expect the price to create a couple of legs up<\/sup>.<\/p>\n\n\n\n

More importantly, the price tends to gravitate toward the middle third of the trading range<\/sup>. In this case, that middle third is probably between $80,000 and $100,000<\/sup>. I believe the main magnet is $90,000, which is roughly the exact middle of the trading range<\/sup>. I have been saying throughout 2026, following this huge bull breakout, that I expected the price to test the $90,000 level at some point this year<\/sup>. Right now, many traders and investors are wondering if the downward move\u2014the bear breakout that occurred during May\u2014will lead to another leg down, followed by a pullback and a continuation of what they believe is a bear channel<\/sup>.<\/p>\n\n\n\n

While that is perfectly possible, as traders, we tend to look for the highest probability scenario<\/sup>. If there is a bear breakout of a wedge bottom\u2014which is only a 25% probability scenario\u2014we would typically look for another leg down, because that is what happens after a wedge bottom breaks down<\/sup>. However, since that is the lower probability scenario, traders are mostly looking for a reversal up<\/sup>.<\/p>\n\n\n\n

Inside Bars and Probabilities<\/strong> <\/p>\n\n\n\n

This week’s candlestick is an inside bar. It is quite small, indicating that the price has compressed following a huge bear climax. What kind of information does this give us, and is this an actionable bar? Normally, we wait for a couple of bars to form a contraction pattern. We call this an ‘ii’ pattern (two consecutive inside bars) or an ‘iii’ pattern (three consecutive inside bars). When these patterns occur after a climax like this\u2014which is a perfect example of an ‘ii’ pattern after a climax\u2014we can bet that there is a 50% chance the price will go either up or down. There is no magic here, but the trader’s equation tells us that with a 50% chance, the price will likely make a move that is twice the risk. This means if we are trading the long side and it breaks upwards, the market will likely move not just one measured move up based on the pattern, but two.<\/p>\n\n\n\n

This makes this kind of pattern attractive, even with only a 50% probability<\/sup>. A single inside bar can also be considered a similar pattern, because ultimately, we are looking at price compression (an ‘ii’ pattern is simply continued compression)<\/sup>. However, since I am a breakout trader, I wouldn’t trade it this way<\/sup>. I would wait for a significant reversal upward with good follow-through before betting on a new bull leg<\/sup>. I want to bet that there will be a bull leg testing the $90,000 level; that is my plan for this chart<\/sup>.<\/p>\n\n\n\n

Of course, other traders have different styles<\/sup>. Some are simply buying below lower lows, which is fair<\/sup>. Some are buying the bear climax, which is also fair<\/sup>. Anyone who bought that huge bear climax ended up making money, right<\/sup>? So perhaps that will be the case here as well<\/sup>. Anyone buying below the low of the early bear leg\u2014if they scaled in lower\u2014was able to exit breakeven on their first position and in profit on their second<\/sup>. This means that when gaps close, counter-trend traders make money<\/sup>. This weakens the likelihood of a bear trend continuation and increases the probability of, at least, trading range price action<\/sup>.<\/p>\n\n\n\n

Trading Strategy & Psychology<\/strong> <\/p>\n\n\n\n

From my perspective as a breakout trader, I am waiting for the market to demonstrate clear bullish strength before I flip my bias to ‘always in long’. The truth is, I am in a better position now. If you look back at my previous videos, I initially wanted to short this breakout point. I didn’t end up taking that trade because, after a specific bull bar, I considered the market to be ‘always in long’ and became hesitant to short. I wasn’t long either. I wanted to go long only if the bulls could achieve good follow-through after breaking out of those resistance levels.<\/p>\n\n\n\n

So, I ended up neither long nor short<\/sup>. That is just how trading goes sometimes<\/sup>. You can have a good idea\u2014mine was a short based on the fact that the level was resistance, and breakouts from bear flags tend to fail most of the time<\/sup>. But when the market shows strength on the opposite side, you are obligated to stick to your framework<\/sup>. In my case, I will not short if the market is ‘always in long’<\/sup>. If I were to take a good short from a breakout perspective, I would need to see a reversal down with strong follow-through<\/sup>. But that wouldn’t be easy either, because the previous bullish momentum was strong, and you might find buyers stepping in at the 50% pullback<\/sup>. So, what do you do if you lack confidence in a trade<\/sup>? The only answer is to wait<\/sup>. You must be patient until things align with your plan<\/sup>. We are not here to gamble; we are here to exploit an edge<\/sup>. In this context, it is perfectly fine to miss entries<\/sup>.<\/p>\n\n\n\n

These are just examples as we analyze the weekly chart<\/sup>. Many traders focus on lower timeframe charts, but the principles we are discussing apply equally across both lower and higher timeframes<\/sup>. We are simply positioning ourselves based on the information that price action provides<\/sup>. It is perfectly fine to trade weekly charts<\/sup>. In fact, it can be a better approach because you don’t have to manage as many conflicting forces from higher timeframes, meaning fewer data points to consider<\/sup>. The trade-off, however, is that weekly charts provide fewer opportunities<\/sup>. The lower frequency of trades can lead to fewer setups each year, and potentially lower percentage returns<\/sup>.<\/p>\n\n\n\n

Overall, I believe the market has a high chance of testing or breaking this bear trend line, making at least one more attempt to test the $90,000 level<\/sup>. Depending on what happens there, we might even see another leg up testing $100,000 or above<\/sup>.<\/p>\n\n\n\n

\"Daily<\/a>
Daily Chart of Bitcoin on June 13th 2026<\/figcaption><\/figure>\n\n\n\n

Daily Chart Analysis & Targets<\/strong> <\/p>\n\n\n\n

Now, we are going to discuss the daily chart. But before we do, I would like to mention that while I hold a Master’s degree in financial markets and have spent thousands of dollars on various trading courses, the framework I use on a daily basis is primarily what I learned from the Brooks Trading Course. It is an amazing investment. It is a very affordable, low-cost course, and Al Brooks intentionally designed it this way to make the content accessible to almost anyone. If you want to take advantage of the course, you can find the link to join in the description below.<\/p>\n\n\n\n

Finally, let’s look at the daily chart for Bitcoin<\/sup>. We can see a huge bear breakout of a wedge bottom here<\/sup>. One push down, pullback; two, pullback; three<\/sup>. That makes a wedge bottom<\/sup>. This wedge bottom emerged following a bull trend<\/sup>. That bull trend experienced a major bear reversal, which is typically a lower probability event compared to entering a trading range or continuing the bull trend<\/sup>. So in this case, the less likely scenario played out<\/sup>.<\/p>\n\n\n\n

Whenever we have a major trend reversal, we are generally looking to wait for a trend resumption higher, followed by a lower high<\/sup>. We then try to catch a move into the lower third of what will likely become a trading range<\/sup>. However, sometimes you get these massive bear breakouts from trading ranges, leading to a failed transition into a trading range<\/sup>. We just had a huge bear breakout like this<\/sup>. It is important to remember this: whenever a breakout is unusually large or climatic, it actually reduces the chances of trend continuation<\/sup>. So, whenever we see a huge breakout like this one, there is an 80% chance that the market will transition into a trading range<\/sup>. The chances of a full reversal are also higher after a climatic breakout compared to an average or small-sized breakout<\/sup>. Therefore, I will stick to the basic math of price action, which suggests the market will likely enter a trading range or even reverse upwards<\/sup>.<\/p>\n\n\n\n

If we do reverse up, where is the market headed<\/sup>? The first magnet is obviously the $67,500 or $68,000 level, which represents the middle third of the trading range we see to the left<\/sup>. When identifying these kinds of magnets, I always advise looking at the nearest previous trading ranges and finding the area with the most overlapping price action<\/sup>. This usually highlights the most heavily traded price levels within that range<\/sup>. That becomes the magnet because the market naturally wants to go where the highest number of participants are willing to exchange contracts<\/sup>. Therefore, on the upside, I believe the magnet is $68,000<\/sup>.<\/p>\n\n\n\n

On the downside, the target is relatively unknown on this timeframe<\/sup>. If there is a continuation to the downside, traders will look for a projection based either on the breakout of the bear channel or the structure of the previous bull trend<\/sup>. A one-to-one measured move is a fine target, but some will also project two-to-one measured moves based on that structure<\/sup>. Moving into ‘green fields’ (uncharted territory on the left) is climatic, so the only other targets you have are big round numbers<\/sup>. In this case, the downside targets would be the $50,000 big round number and the projections based on measured moves<\/sup>.<\/p>\n\n\n\n

Gaps and Final Conclusions<\/strong> <\/p>\n\n\n\n

So, that covers the downside targets, and $68,000 is the upside target. We also need to consider the huge gaps. Huge gaps are not as strong as small gaps. For instance, a small gap between a previous low and a high acts as a solid resistance level for the future. But when gaps are massive\u2014like the distance between breakout points and lower highs in a bear case\u2014the market tends to fill at least a significant portion of them. Thus, I think the market has a good chance of simply reversing up.<\/p>\n\n\n\n

Some traders might see this formation as a triangle, but to me, right now, it is just a bear flag<\/sup>. It could also be a ‘final flag’<\/sup>. As we discussed, we are likely in a trading range environment<\/sup>. In trading ranges, when there is a bear breakout, bulls who buy below the lows are likely to make money, provided they use wide stops and scale into their positions<\/sup>. This creates buying pressure<\/sup>. The bears know this, and they may try to exit their positions if they can get these cheap prices<\/sup>. Therefore, I believe the chart is likely going to evolve into a trading range or reverse up to test the $68,000 level and the EMA<\/sup>. When the market tests that level, we will reassess<\/sup>. I don’t think it’s a level where the market will have an aggressive reaction, like it does at strict support and resistance lines<\/sup>. When there is a high level of participation\u2014in this case, the middle third of a previous trading range\u2014the market tends to slow down because both bulls and bears easily find a counterparty<\/sup>.<\/p>\n\n\n\n

I think that is everything I have for you today<\/sup>. It has been a sideways week<\/sup>. If you want more insights, last week we discussed the analysis in greater depth because people were highly emotional and excited following the massive bear breakout<\/sup>. This week, the market simply compressed, which might make the analysis feel less attractive<\/sup>. However, this is price action trading<\/sup>. We don’t care whether the market is exciting or boring<\/sup>. We just analyze the price action, determine what scenarios might play out, and figure out how to profit from them<\/sup>.<\/p>\n\n\n\n

Our channel aims to give you the best trading education possible. By just reading candlestick charts, you can learn to make proper trading decisions and find your edge. It is an incredible and fun way to look at the markets. It is hard work to reach the point of becoming a profitable trader, regardless of the methodology you use, but the most important thing is to find a system that actually delivers\u2014and the Brooks methodology is one of them.<\/p>\n\n\n\n

I hope you enjoyed the video<\/sup>! Please leave your thoughts in the comment section, and don’t forget to visit the Brooks Trading Course website<\/sup><\/p>\n\n\n\n

Market analysis reports archive<\/h3>\n\n\n\n

You can access all weekend reports on the Market Analysis<\/a> page.<\/p>\n\n\n\n

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Market Video Report: Bitcoin Duration 21:46mins. Summary This analysis of Bitcoin‘s price action highlights the high-probability transition into a trading range following a significant bear climax like the one on the Daily Chart. Moreover, identifies $68,000 as a major upside magnet on the daily chart and projects a target of $90,000 on the weekly timeframe. […]<\/p>\n","protected":false},"author":7271,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"shadow","_genesis_layout":"","footnotes":""},"categories":[1904,136,241],"tags":[223,324,1865,1380],"class_list":{"0":"post-271491","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-bitcoin","7":"category-analysis","8":"category-video","9":"tag-bitcoin","10":"tag-cryptocurrency","11":"tag-inside-bar","12":"tag-sell-climax","13":"entry","14":"has-post-thumbnail","15":"override","16":"shadow"},"featured_image_src":null,"author_info":{"display_name":"Josep","author_link":"https:\/\/www.brookstradingcourse.com\/pt-br\/author\/cnjoseluis10gmail-com\/"},"_links":{"self":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/271491","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/users\/7271"}],"replies":[{"embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/comments?post=271491"}],"version-history":[{"count":3,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/271491\/revisions"}],"predecessor-version":[{"id":271608,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/posts\/271491\/revisions\/271608"}],"wp:attachment":[{"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/media?parent=271491"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/categories?post=271491"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.brookstradingcourse.com\/pt-br\/wp-json\/wp\/v2\/tags?post=271491"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}