Bitcoin: Between a Rock and a Hard Place

On Bitcoin

Changed since their last video: weeks moved up to waiting; months moved waiting to down.

Views

• Next weeks (next 2–6 weeks): Waiting on a level (timeframe is our reading): stuck between a rock and a hard place, and until we really break through one of these, it's just a it's a waiting game. ▶ 07:34
• Next months (next 2–6 months): Leans down: as we get into that August, September time frame, we're probably going to give back those gains. ▶ 04:03 The call was open until 21 Nov 2026, against 65.1k when said.
• This cycle (next 6–18 months): Leans up (timeframe is our reading): And then from that breakdown, you form the market cycle bottom, and then we go into the next bull market. ▶ 05:19 Said again while their call of 1 Feb 2026 was open, so it counts once; that call was open until 1 Feb 2027, against 78.9k when said.

If this, then that

• If Bitcoin does not break down by the end of the year, then no target given (this cycle, by by the end of the year): If we don't break down by the end of the year, then I would probably have to pivot that view and say ▶ 05:28

Levels named

• 57k: Target (retest and probably go a little lower later in the year to fully reset the on-chain indicators): it's hard to say for sure about 57k. I mean, some of the on-chain indicators have now triggered, but still a lot haven't. ▶ 05:53

Their own position: Not said.