Bitcoin Golden Cross Just Happened. History Says a Dip Comes First.
Krown · · 18:58 · Watch on YouTube
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BTC near publication: $78,9044-hour candle close · 8 Sep 2026, 16:00 UTC · BTC/USDT
On Bitcoin
Changed since their last video: days flipped down to up; weeks flipped up to down; months went from expecting up to leaning up; cycle went from expecting up to leaning up.
Views
- Next days (next 1–7 days): Leans up (timeframe is our reading):
I think it's more likely to move to the upside in the short term and not really make new lows below about 75, 500.
▶ 12:17 The call was wrong: 78.9k when said, 76.5k on 15 Sep 2026 (−3.0%). - Next weeks (next 2–6 weeks): Leans down:
which would help the case for a short term rally with a pullback maybe next week.
▶ 17:53 Said again while their call of 13 Aug 2026 was open, so it counts once; that call was wrong: 63.4k when said, 77.4k on 12 Sep 2026 (+22.0%). - Next months (next 2–6 months): Leans up:
this is like the third or fourth different, completely different setup that we've seen on this channel now that is pointed up past $90,000 within the next three months.
▶ 09:48 Said again while their call of 10 Jul 2026 was open, so it counts once; that call was open until 7 Nov 2026, against 64k when said. - This cycle (next 6–18 months): Leans up:
we just have another setup here pointed towards basically new highs within a year and some decent gains even within the next three months
▶ 10:43 Said again while their call of 8 Oct 2025 was open, so it counts once; that call was wrong: 122.9k when said, 82.5k on 8 Oct 2026 (−32.9%).
If this, then that
- If Bitcoin closes below the trending higher low at 75,500, then no target given (next weeks):
If Bitcoin starts to close below there, 75, 500, then yes, we do have to address the likelihood of a much deeper retracement and potentially this being a major trap.
▶ 03:23 - If golden cross occurs and a typical pullback follows (median 30-day max drawdown about 9.8%), then 71k (next weeks, by in the next two weeks):
So to be fair, that'd put Bitcoin just around 79,000, or sorry, not 79, but 71,000 US dollars.
▶ 06:45
Levels named
- 93–94k: Target (typical 19% three-month return after a golden cross):
So that's going to put you up probably past like 90,000 bucks actually, about 93, $94,000.
▶ 09:39 - 78.9k: Resistance (daily closing basis mid-band of the Revin Ribbons indicator):
we look at this on a daily closing basis, and the mid-band is officially $78,883.
▶ 12:46 - 76.5k: Support (five-day candle likely reconnects with the red 5 EMA):
One is Bitcoin literally comes down to officially test it at $76,500.
▶ 03:58 - 75.5k: Support (most recent trending higher low, the most important pivot on the chart):
the most recent trending higher low, which is at 75,500.
▶ 02:58 - 70k: Their view is wrong past this (as long as Bitcoin is above 70,000 the setup is probably fine; losing it is a major red flag):
as long as Bitcoin's about 70,000 bucks, I'm still going to look at this as probably fine
▶ 03:35
Their own position: Bought, no leverage. And we'll buy a hundred derps of Bitcoin right here right now
Dates named
- CPI release this Friday on 11 Sep 2026:
We have of course this Friday CPI coming out then next Wednesday FOMC coming out
- FOMC decision next Wednesday on 16 Sep 2026:
We have of course this Friday CPI coming out then next Wednesday FOMC coming out
- Quad witching on 18 Sep 2026:
and the Friday It's like two days after that is the quad witching event, which is probably the most important thing Happening during this month.
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