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Is This the Week Bitcoin's Bottom Gets Confirmed? One Monthly Close Decides

Krown · · Watch on YouTube

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BTC near publication: $63,9284-hour candle close · 28 Jul 2026, 16:00 UTC · BTC/USDT

On Bitcoin

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

Views

  • Next days (next 1–7 days): Waiting on 63.5k: again tomorrow 63,500 kind of a nice line in the sand. If it you know if Bitcoin closes below there I will be short-term bearish. ▶ 10:48
  • This cycle (next 6–18 months): Waiting on 64.3k (timeframe is our reading): Now again, if all three of these get ticked off, that would imply Bitcoin's above 64 350, I would say, hey, um this looks pretty damn good to me, and I'm going to really lean into calling a macro low here. ▶ 06:46

If this, then that

  • If Bitcoin closes below 63,500 tomorrow, then 61k (next days, by tomorrow): again tomorrow 63,500 kind of a nice line in the sand. If it you know if Bitcoin closes below there I will be short-term bearish. I will be looking for moves down to like 61,000 bucks give ▶ 10:48
  • If Bitcoin finishes July above 64,350 and other monthly signals align, calling a macro low, then no target given (this cycle, by end of this month): Now again, if all three of these get ticked off, that would imply Bitcoin's above 64 350, I would say, hey, um this looks pretty damn good to me, and I'm going to really lean into calling a macro low here. ▶ 06:46

Levels named

  • 64.5k: Support (Revan Ribbons midband on CME; a close below would be a warning flag): The Revan Ribbons midband today is now 63. No, 64466. ▶ 08:51
  • 64.3k: Resistance (Monthly stochastic pivot; a close above lets it cross up for the first time since January 2023): If Bitcoin finishes this month out above this pivot of 63 uh sorry 64 350 64 350 and again ▶ 06:25
  • 63.5k: Support (A close below turns the 2-day stochastic down; line in the sand): tomorrow 63,500 kind of a nice line in the sand ▶ 10:48
  • 63.4k: Resistance (Monthly 55 EMA on CME; losing and reclaiming it has marked the end of past bear markets): That is the green 55 EMA moving average on the monthly time frame for CME that exists precisely at 63435 ▶ 02:32
  • 61k: Target (Downside target if 63,500 is lost on a close): I will be looking for moves down to like 61,000 bucks give or take a little bit from that number. ▶ 10:53

Their own position: Short. And I shorted this 66 uh $66,500 call strike. I did this again 20 times.

Dates named

  • FOMC decision and press conference on 29 Jul 2026: you got obviously the FOMC tomorrow and rate hike odds are near about 36%.
  • Monthly close of July on 31 Jul 2026: Obviously, tomorrow's we just went over and then Friday, the big big big one. That's what actually matters uh for this monthly closure