Discover Crypto

BRUTAL Bitcoin WASHOUT! (BEAR MARKET CONFIRMED?)

11 snips
Dec 18, 2025
Joining the discussion is Chris Klein, an executive from Bitcoin IRA who specializes in crypto retirement products. He dives into the recent brutal Bitcoin washout and shares insights on client sentiment, noting a net positive buy trend despite market downturns. Chris also discusses IRA distribution options, highlighting tax implications and the benefits of rolling unclaimed 401(k)s into crypto IRAs. Additionally, he emphasizes the importance of legacy planning for crypto assets, advocating for strategic investment in volatile markets.
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INSIGHT

Resistance-Led Washouts Explained

  • Bitcoin's recent price action shows repeated rejection at a long-standing resistance after a quick pump into that level.
  • Kelly and Drew emphasize the daily downtrend and how liquidations are happening in both directions, amplifying volatility.
ANECDOTE

Personal Liquidation Near-Miss

  • Drew recounts a past liquidation where the market hit within $3 of his liquidation point before reversing massively.
  • He uses the experience to stress risk management and humility in trading decisions.
ADVICE

Treat Leverage As A Controlled Tool

  • Use leverage sparingly and treat it as a tool to limit exchange exposure rather than a bet on direction.
  • Drew recommends taking profits and using diversified viewpoints (like the Discord quant) to avoid emotional overcommitment.
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