BITCOIN TO $50K? | VECHAIN PRICE PREDICTION | VET TECHNICAL ANALYSIS

Hinzugefügt: 2026-06-03

[00:00:00]So just taking a quick look at Vchain here as we do have a huge pump coming in today in terms of price action potentially looking like a very very standard in terms of liquidity move in the market pattern that we see accumulation manipulation through the liquidity and then distribution where we come back up like this. This happens all the time in traditional markets and right now Vchain clearly in a position where it is just way way too oversold and we are obviously in a bare market scenario right now. So, we are continuing this downtrend, but if you look here, pretty clear this big green candle here highlighting that obviously this continued dump to the downside here is getting pretty overextended right now. And we're probably due for a retracement for Vchain. You can see here if you look, we have been in a bare market pretty much ever since October the 10th where we had that ridiculously huge liquidation cascade which looked pretty scammy on exchanges. I have to say I think there will be lawsuits about that in the future in terms of scamming people out of their leverage positions.

[00:00:54]But you can see here ever since then we have come down. We've continued retracing. We've continued retracing recently doing this thing where we've come down. We've basically stopped making lower lows started to go sideways and then we've come down swept liquidity and we could potentially like I said get this kind of scenario where we get accumulation manipulation distribution which happens all the time like I said in traditional markets and this could easily happen again here for Vchain. pretty obvious to me that it's likely, in my opinion, we're probably going to be seeing ourselves have a nice little move to the upside like this pretty soon.

[00:01:28]And if you just look at this price action, you can see we came down here.

[00:01:32]We've obviously continued down bearish below this low. But after the sweep here, it's pretty evident that we've had a good amount of buyers coming in this area. And as you can see, we've got a little fair value gap on the daily here.

[00:01:41]If we get if we can close above all these gaps like this, I would hazard a guess that we probably start to reverse and come back towards this high again.

[00:01:48]But right now, we're just still chilling and waiting. Bitcoin is looking extremely bearish, as you can see, coming back down into this previous area of resistance as support. But Bitcoin looking like it's projecting from that monthly gap above. And Vchain here, continuing down in the bare market, although getting some buyers coming in at this level right now. As always guys, thanks a lot for watching. Please do sign up to Weeks and BitGW in the description. If you sign up, deposit, and trade on both platforms, you can get up to 10K in rewards. Why not? Just do it.