Bitcoin's Next Target Is $109,000. Here's Why...

On Bitcoin

Guest Eric Crown · not counted as Crypto Banter's view.

Views

• Next days (next 1–7 days): Sideways: until we get at least at least to FOMC this week, and more importantly, the quad witching date on Friday the 18th, uh I'm I'm really not looking for this market to do all that much. ▶ 01:50
• Next weeks (next 2–6 weeks): Expects up: I think it's very likely to launch a lot higher. Very likely to launch a lot higher. ▶ 17:22
• Next months (next 2–6 months): Expects up: I still look at the Q4 setup as very likely higher. ▶ 14:44
• This cycle (next 6–18 months): Leans up (timeframe is our reading): It's really preparation for the next like couple years to come in my opinion. ▶ 36:50

If this, then that

• If Bitcoin takes out the previous swing high from May in September, completing the weekly reversal, then no target given (this cycle, by in September): That is a really, really, really, really, really important level, especially if it does get taken out in September. Why? Because that is the precise level in which Bitcoin will complete its full-on reversal here. ▶ 11:44
• If Bitcoin falls below $70,000, which would make him instantly not bullish and probably quite bearish, then no target given (next months): And for me, that would be below the $70,000 number. ▶ 24:36
• If A weekly close below the 21 EMA would make him not bullish and probably quite bearish, then no target given (next months): I'd wait for a weekly closure below the 21 EMA, which is right now 71767. ▶ 24:43

Levels named

• 100k: Target (applying the 28% median Q4 return after a green Q3 to the current price): It actually puts Bitcoin 100,000 bucks, basically. ▶ 13:51
• 86–90k: Target (another leg up before a nasty correction): don't be surprised if Bitcoin heads up to like I don't know somewhere between like 86 to 90 and then slams down to, you know, 78 80 something like that. ▶ 34:28
• 81k: Resistance (upside of the range market makers price from at-the-money options for end of September): highly probable range between about 81,000 bucks to the upside versus $73,000 to the downside. ▶ 26:00
• 78–80k: Target (expected low of the correction after the move up): don't be surprised if Bitcoin heads up to like I don't know somewhere between like 86 to 90 and then slams down to, you know, 78 80 something like that. ▶ 34:28
• 73k: Support (downside of the range market makers price from at-the-money options for end of September): highly probable range between about 81,000 bucks to the upside versus $73,000 to the downside. ▶ 26:00
• 71.8k: Their view is wrong past this (weekly close below the 21 EMA would flip him bearish): I'd wait for a weekly closure below the 21 EMA, which is right now 71767. ▶ 24:43
• 70k: Their view is wrong past this (round-number level where he would drop his bullish stance): And for me, that would be below the $70,000 number. ▶ 24:36

Their own position: Not said.

Dates named

• FOMC meeting this week, undated: until we get at least at least to FOMC this week, and more importantly, the quad witching date on Friday the 18th, uh I'm I'm really not looking for this market to do all that much.
• Quad witching on Friday the 18th on 18 Sep 2026: until we get at least at least to FOMC this week, and more importantly, the quad witching date on Friday the 18th, uh I'm I'm really not looking for this market to do all that much.