A Perfect Storm Is Converging For Crypto In July

On Bitcoin

Changed since their last video: days moved waiting to up; months moved sideways to up.

Views

• Next days (next 1–7 days): Leans up (timeframe is our reading): Yes, Bitcoin's price fell to the lowest it's been in 2 years, but maybe it's time for a relief rally. ▶ 00:58 The call was right: 60k when said, 62.3k on 8 Jul 2026 (+3.7%).
• Next months (next 2–6 months): Leans up: You have about 14 weeks. 14 weeks from today could be very similar to this point last cycle. ▶ 06:24 Said again while their call of 10 Jun 2026 was open, so it counts once; that call was right: 61.9k when said, 81.8k on 8 Oct 2026 (+32.0%).

If this, then that

• If if 58k breaks, then 55k (next days): We are approaching oversold. So if 58k breaks, 55k is next ▶ 03:00
• If Bitcoin above 62.5 to get short-term bullish, then no target given (next days): and we really need to see Bitcoin above 62.5 to get short-term bullish. ▶ 03:08

Levels named

• 69k: Resistance (short-term holder cost basis, falling): long-term holder cost basis is about 49k and rising, and short-term holder cost basis is 69k and falling. ▶ 06:35
• 64k: Resistance (resistance after the 200-day moving average): the bulls need to reclaim the 200-day moving average at 62.4 followed by 64k resistance. ▶ 03:14
• 62.5k: Resistance (needs to be exceeded to turn short-term bullish): and we really need to see Bitcoin above 62.5 to get short-term bullish. ▶ 03:08
• 62.4k: Resistance (200-day moving average bulls need to reclaim): the bulls need to reclaim the 200-day moving average at 62.4 followed by 64k resistance. ▶ 03:14
• 58k: Support (break of 58k would open the way to 55k): We are approaching oversold. So if 58k breaks, 55k is next ▶ 03:00
• 55k: Target (next level down if 58k breaks): We are approaching oversold. So if 58k breaks, 55k is next ▶ 03:00
• 49k: Support (long-term holder cost basis, rising): long-term holder cost basis is about 49k and rising, and short-term holder cost basis is 69k and falling. ▶ 06:35

Their own position: Not said.

Dates named

• July Fed rate decision, undated: I don't think rate cuts are coming this month, but I can certainly see him cutting later this year or next year.
• Clarity Act passage, undated: Everybody is counting the Clarity Act out on prediction markets. They really aren't bullish that it will get passed before midterms.