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