CAUTION: Is This The Official Bitcoin Bull Trap?

On Bitcoin

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

Views

• Next days (next 1–7 days): Waiting on 63.4k (timeframe is our reading): So what we said is if you close below $63,400 below that bottom white line the VWAP then bears are taking back control. ▶ 27:36
• Next months (next 2–6 months): Leans down: I'll be looking for weakness, you know, into August, September, October, and that's basically where I'll be positioning with full size ▶ 26:08

If this, then that

• If Bitcoin closes below $63,400 (the VWAP, bottom white line) and gains acceptance below it, then no target given (next days): So what we said is if you close below $63,400 below that bottom white line the VWAP then bears are taking back control. ▶ 27:36
• If Bitcoin holds the anchored VWAP on lower time frames and gets back above it, then 69–74k (next weeks): maybe maybe there is one more leg but this is as high as I personally see it going as per the other weekly chart 69 to 74k ▶ 28:17
• If Fed funds rate comes out as an interest rate cut, then 69–74k (next days): If the uh Fed funds rate comes out, you know, as an interest rate cut, that's going to absolutely pump price, but I think you would fail between 69 and 74. ▶ 24:50
• If Bitcoin closes below the orange line at 62,000, then no target given (next weeks): if you start to close below the orange line at 62,000, anything below, call at 625 is where you start to confirm that bears are fully taking back control and this thing's going to drop. ▶ 26:51
• If USDT dominance spikes up, then no target given (next months): if we get that spike up which for Bitcoin would create the move towards the downside wherever that takes price into the low 50s maybe into the 40s potentially even the 30s ▶ 33:36
• If Stock market corrects while Bitcoin holds 60K, then no target given (next weeks): if the stock market moves into a downtrend in a corrective phase and Bitcoin holds 60K, it's bullish. ▶ 37:28

Levels named

• 69–74k: Resistance, expected to turn price back (upside rejective zone on the weekly chart): If the uh Fed funds rate comes out, you know, as an interest rate cut, that's going to absolutely pump price, but I think you would fail between 69 and 74. ▶ 24:50
• 63.4k: Support (bottom white line, the anchored VWAP; a close below gives bears control): So what we said is if you close below $63,400 below that bottom white line the VWAP then bears are taking back control. ▶ 27:36
• 62k: Support (orange line on the weekly; a close below confirms bears are in control): if you start to close below the orange line at 62,000, anything below, call at 625 is where you start to confirm that bears are fully taking back control and this thing's going to drop. ▶ 26:51
• 60k: Support (holding 60K while stocks fall would be bullish): if the stock market moves into a downtrend in a corrective phase and Bitcoin holds 60K, it's bullish. ▶ 37:28

Their own position: Not said.

Dates named

• FOMC statement, press conference and federal funds rate decision on 29 Jul 2026: some major economic events uh later on this week of course mostly tomorrow and that being the FOMC statement the press conference and the federal funds rate