The second stage identified by Merlijn The Trader is the “Flush,” marked by the red box on the chart. This phase saw a sharp and aggressive price decline designed to force weaker traders out of the market. Here, Bitcoin reportedly fell from $100,000 to $62,000, a roughly 38% drop.
What’s Next For BTC After Accumulation The analyst also highlights a key resistance level around $70,000. Holding above this resistance is critical to maintaining the integrity of the MarketMaker model. Meanwhile, falling below the level suggests the structure may not be following the expected path.
