Bitcoin Falls Below The Bear Market Resistance Band

On Bitcoin

Changed since their last video: cycle flipped down to up.

Views

• Next weeks (next 2–6 weeks): Leans down: what I what I'd be looking for is you know, some type of low in the summer. Um my guess would be in June sometime. ▶ 08:35 Said again while their call of 19 May 2026 was open, so it counts once; that call was right: 77k when said, 64.5k on 18 Jun 2026 (−16.2%).
• Next months (next 2–6 months): Leans down: And then maybe a final drop in the September-October time frame. ▶ 08:51 Said again while their call of 18 Mar 2026 was open, so it counts once; that call was right: 73.9k when said, 64.8k on 16 Jul 2026 (−12.4%).
• This cycle (next 6–18 months): Leans up (timeframe is our reading): there's a good chance that Bitcoin prices all that stuff in before it happens, and then it starts back into its bull market really late this year, early 2027. ▶ 04:57 Said again while their call of 1 Feb 2026 was open, so it counts once; that call was open until 1 Feb 2027, against 78.9k when said.

Levels named

• 74k: Resistance (20-week moving average; price is about $1,000 below it and the weekly close will show whether it is reclaimed): the the 20-week moving average um is what what's it at? It's like 74K. So, we're about $1,000 below that. ▶ 01:37
• 60k: Support (holding 60k through summer and Q4 could be enough for a bottom, but it is too early to call): There are some cases where if I just hold 60k for the rest of the year then maybe that's good enough. ▶ 16:12

Their own position: Not said.

Dates named

• Market pricing in Fed rate hikes as a macro headwind, undated: now with the market pricing in rate hikes, who knows if they happen or not, but with the market pricing them in, that continues to be a macro headwind for Bitcoin