Bitcoin Rallies to $80K | Kevin Warsh Speaking at Jackson Hole

On Bitcoin

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

Views

• Next weeks (next 2–6 weeks): Waiting on a level: I think we'll have an answer to all this stuff within the next week or two because the reality is ▶ 28:49
• Next months (next 2–6 months): Leans down: But that with that, we could go lower in the fourth quarter of the year. ▶ 07:34 Said again while their call of 24 Jul 2026 was open, so it counts once; that call was open until 21 Nov 2026, against 65.1k when said.
• This cycle (next 6–18 months): Leans down (timeframe is our reading): Obviously, I've been pretty bearish on Bitcoin since last October, November time frame, especially when Bitcoin fell below the 50week moving average in November. ▶ 05:16 Said again while their call of 6 Oct 2025 was open, so it counts once; that call was right: 123.5k when said, 85.8k on 6 Oct 2026 (−30.5%).

If this, then that

• If Bitcoin accepts above the low to mid 80s, especially 85k, then no target given (this cycle): If we accept above the the the low to mid50 or the low to mid 80s, accepting above that, especially like 85k, the bare case is tough, right? ▶ 31:58
• If the low is not in, then 53k (next months): if the low is not in, then the next major area to look at for support would in fact be the realized price, right? Like 53 $53,000. ▶ 26:38

Levels named

• 80–85k: Resistance (in 2018 the fake-out rally went up to almost 8,500 before rejection): then you would expect Bitcoin to get rejected between 80 to 85K because in 2018 we went up to almost 8,500, right? ▶ 23:23
• 57k: Support (summer low matched the 2018 low of 5700): then there is always a chance that the low is in at 57K. ▶ 22:36
• 53k: Support (realized price): if the low is not in, then the next major area to look at for support would in fact be the realized price, right? Like 53 $53,000. ▶ 26:38

Their own position: Bought. So I bought some. It's not like it's not like my position isn't up.

Dates named

• Kevin Warsh speaks at Jackson Hole on 28 Aug 2026: if he if he comes out really doubbish, maybe Bitcoin breaks through.