The IBIT Chart Is Flashing a Bullish Bitcoin Signal Nobody's Watching
As of . Updated hourly as new videos are read.
BTC near publication: $64,7054-hour candle close · 16 Jul 2026, 16:00 UTC · BTC/USDT
On Bitcoin
Changed since their last video: weeks went from expecting up to leaning up; cycle flipped up to down.
Views
- Next days (next 1–7 days): Leans up (timeframe is our reading):
Bitcoin's a lot more likely to continue the bounce here than not.
▶ 08:32 Said again while their call of 16 Jul 2026 was open, so it counts once; that call was right: 64.8k when said, 66.1k on 23 Jul 2026 (+2.1%). - Next weeks (next 2–6 weeks): Leans up (timeframe is our reading):
I do think that this one's probably more likely to work its way up there.
▶ 03:03 Said again while their call of 16 Jul 2026 was open, so it counts once; that call was wrong: 64.8k when said, 63k on 15 Aug 2026 (−2.6%). - This cycle (next 6–18 months): Expects down (timeframe is our reading):
long term it's still bearish, still downtrend, obviously.
▶ 08:19 Said again while their call of 6 Oct 2025 was open, so it counts once; that call was right: 124.2k when said, 86.2k on 6 Oct 2026 (−30.6%).
If this, then that
- If Bitcoin reclaims the bottom end of upper band number one at 63,150, then 66.7–68.3k (next days):
If Bitcoin can reclaim the bottom end of lower band number or upper band number one, which is 63,150 now, then I would look for at least to move to 66,650 and potentially all the way up to about 68,300.
▶ 10:55
Levels named
- 67.2k: Target (IBIT green 55 EMA lines up with the mid-June highs):
with the with the highs from mid-June, which effectively would be about 67,200 on Bitcoin spot price action.
▶ 02:02 - 63.5k: Support (short-term interim support marked by gray dots):
You do have short-term interim support for the very, very short-term time frame traders right here on these gray dots, which is 63,544.
▶ 11:11 - 62.2k: Their view is wrong past this (Monday's low; a daily close below it invalidates the bullish setup):
62,200 on a daily closing basis would certainly invalidate uh bullishness to me in the short, medium,
▶ 08:13 - 61.9k: Their view is wrong past this (5-day low; falling back below it would be immediately bearish):
or or just coming back down below that 61,865 low, which is this 5-day low,
▶ 08:23
Their own position: Not said.