Bitcoin: Damage Report

On Bitcoin

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

Views

• Next months (next 2–6 months): Leans down: Bitcoin will likely continue to sort of slowly go lower for at least a few more months. ▶ 12:03 Said again while their call of 17 Nov 2025 was open, so it counts once; that call was right: 94.3k when said, 74.9k on 17 Mar 2026 (−20.6%).
• This cycle (next 6–18 months): Leans up (timeframe is our reading): Now eventually I think Bitcoin will go to a new all-time high. I just don't think it's going to happen this year, right? ▶ 11:51 The call was open until 1 Feb 2027, against 78.9k when said.

If this, then that

• If if there is a counter trend rally out of the hole Bitcoin has dug, then no target given (next months): if there is a counter trend rally out of this sort of the hole that Bitcoin has dug here, I think it is more likely to form a lower high than to go to a new all-time high. ▶ 11:41

Levels named

• 60–70k: Target (supply in profit and loss metrics could cross in this zone, which typically marks the end of bear markets): I mean, if Bitcoin were to drop into the 60s, uh, maybe the between mid or around maybe 60 to 70K, you might start to see those things cross. ▶ 22:31
• 60k: Target (Bitcoin historically falls through the 50 and 100 and eventually goes to the 200 EMA, now approaching 60K): That would also roughly correspond to that 200E moving average, which is approaching 60K as we speak. ▶ 22:42

Their own position: Not said.