Bitcoin loses support as the wider crypto market nears a cloud break

The Better Traders read for August 13 starts with confirmed support losses in Bitcoin and TOTALES, but preserves the next confirmation still pending: neither chart has yet completed the decisive daily Cloud break described in the source. DXY and USDJPY carry two-step conditional paths, TradFi remained largely calm after CPI, metals are stretched, and individual ALTs range from conditional strength to confirmed strong-bearish states.

Bitcoin closes below support while the full Cloud break remains ahead

BTC closed below short-term support on Wednesday and wicked below the daily Cloud for a second day. The support loss is confirmed; the Cloud loss is not. The source says all signs point toward a drop below the Cloud, which would mark the expected pivot to strong bearish mode. The next targets are support steps. Once BTC drops below $62k, the source expects bulls to panic and another long-liquidation cascade to force a loss of $57,800, with $49k framed hopefully rather than as a guarantee.

Ethereum weakens as the wider crypto market confirms a support loss

ETH had a weak close and attempted an upper wick that did not reach TBO Resistance. RSI has not made a lower local low yet, although the source expects it to do so, while OBV's white moving-average line resembles the top of a rollercoaster. Combined stablecoin dominance is still waiting for a close above its Cloud; the source says that should lead to an Open Long and then confirm the final capitulation dump for this bottom year. BTC.D is quiet and ideally rises once BTC dumps. ETH.D's brief move was insignificant and the source still expects a drop inside its Cloud into bearish consolidation. SOL.D has already fallen inside its Cloud with a bearish RSI Reset. Dominance is market share, not spot price.