cryptoBitcoin Rejected off the 200D
Benjamin Cowen · · 27:58 · Watch on YouTube
As of . Updated hourly as new videos are read.
BTC near publication: $77,0024-hour candle close · 19 May 2026, 00:00 UTC · BTC/USDT
On Bitcoin
Changed since their last video: weeks flipped up to down.
Views
- Next weeks (next 2–6 weeks): Leans down:
I I just wonder if this is how this is going to play out is where you get this kind of drop into June, you get a little bit of a countertrend rally,
▶ 09:02 The call was right: 77k when said, 64.5k on 18 Jun 2026 (−16.2%). - Next months (next 2–6 months): Leans down:
My guess is that the weakness will persist with Bitcoin into Q3 and probably at least into early Q4.
▶ 02:19 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%).
Levels named
- 75k: Support (After rejection at the 200-day, Bitcoin often finds temporary support at the 20-week moving average):
it'll find support temporarily around the 20-week moving average, which is currently around 75, okay?
▶ 20:44 - 51–52k: Target (About 40% down from the yearly open is where Bitcoin normally is at this point in midterm years):
you're talking about around 51, 52k. That's where we normally are at this point in midterm years.
▶ 26:38
Their own position: Not said.