DON'T GET TRAPPED... (The Trap Is SET)
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BTC near publication: $64,2384-hour candle close · 16 Jul 2026, 08:00 UTC · BTC/USDT
On Bitcoin
Changed since their last video: weeks moved up to waiting; cycle went from expecting up to leaning up.
Views
- Next weeks (next 2–6 weeks): Waiting on 67k (timeframe is our reading):
I still think we need to be breaking above 67,000 in order to see a bigger continuation higher but of course do also know that we're going to be
▶ 08:37 - Next months (next 2–6 months): Leans down:
we're most likely going to be bottoming out in the next 50 to about 70 or 80 days here.
▶ 03:39 Said again while their call of 4 Jul 2026 was open, so it counts once; that call was wrong: 62.6k when said, 77.8k on 1 Nov 2026 (+24.2%). - This cycle (next 6–18 months): Leans up (timeframe is our reading):
we are coming very close towards the end stage of the bear market, and then we could start to begin at the bull market.
▶ 10:13 Said again while their call of 23 Oct 2025 was open, so it counts once; that call was wrong: 108.4k when said, 81.9k on 23 Oct 2026 (−24.4%).
If this, then that
- If Bitcoin breaks above 67,000, then no target given (next weeks):
I still think we need to be breaking above 67,000 in order to see a bigger continuation higher but of course do also know that we're going to be
▶ 08:37 - If Bitcoin rallies back to the short-term holder realized price around 67-68k, where it gets rejected and corrects lower, then no target given (next weeks):
if we're going to to come back towards this price which is sitting somewhere around that 67 to about 68,000 US dollars, this could be once again provide a lot of resistance
▶ 01:41
Levels named
- 93k: Resistance (first notable sell order on the heat map above price, and not a big one):
on the top side, I am not necessarily seeing a major sell order until we go all the way up to about $93,000, which is even not that big of a sell order
▶ 09:41 - 67–68k: Resistance (short-term holder realized price is the average cost basis of recent buyers, who sell at break even):
if we're going to to come back towards this price which is sitting somewhere around that 67 to about 68,000 US dollars, this could be once again provide a lot of resistance
▶ 01:41 - 63k: Support (large limit buy orders stand there):
I would definitely say $63,000 and $61,000 are going to be two major levels of support.
▶ 09:33 - 61k: Support (large limit buy orders stand there, including an $83 million order):
I would definitely say $63,000 and $61,000 are going to be two major levels of support.
▶ 09:33 - 47–58k: Target (expected bear market bottom zone based on cycle timing and the 350-week moving average):
I think the Bitcoin bear market bottom is going to occur between that $58,000 level and that $47,000 level.
▶ 04:27 - 48k: Support (350-week moving average, where the last bear market bottom was found; seen as the worst-case scenario):
Currently, it's sitting around $48,000. And in my opinion, this would be the most worst-case scenario for Bitcoin as well here.
▶ 05:05
Their own position: Holding. that is why I want to keep open my position, because I do not want to be missing out on this Bitcoin bear market bottom trade here.
Dates named
- House field hearing on the Clarity Act on 17 Jul 2026:
Because tomorrow, the House is holding a field hearing about the Clarity Act here.
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