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Bitcoin’s On A Knifes Edge BUT There May Be One Last Squeeze Today!

Crypto Banter · · 31:26 · Watch on YouTube

As of . Updated hourly as new videos are read.

BTC near publication: $63,8364-hour candle close · 12 Aug 2026, 04:00 UTC · BTC/USDT

On Bitcoin

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

Views

  • Next days (next 1–7 days): Leans up (timeframe is our reading): Long bias into CPI, maybe a little bit of a pump into that, and then ultimately it gets retraced. ▶ 16:10
  • Next months (next 2–6 months): Leans down: I would prefer to see the expansion towards the downside and finish the bear market off part of the timing cycle zones, right? August, September, October, somewhere within that zone. ▶ 18:56

If this, then that

  • If Bitcoin pushes up to test the 66K anchored VWAP and begins to reject again, then no target given (next weeks): if we come up and we test here on Bitcoin at like the 66, the anchored VWAP on the top side, and you again begin to reject, well, then you start to look for the short trade that way. ▶ 19:27
  • If Price breaks down and takes out the current lows, then no target given (next weeks): If you start to break down and take out these lows, then you are expanding, and you are expanding towards the downside based on everything that we are seeing over here ▶ 19:49

Levels named

  • 66k: Resistance (anchored VWAP off the highs on top side): And if we push up into the 66K region, we can start to look for the possibility of a short trade. ▶ 20:19
  • 64k: Resistance (21 million of liquidity sitting just above 64K): 21 million sitting just above 64K and 22 million just below 63K. ▶ 20:31
  • 63k: Support (22 million of liquidity sitting just below 63K): 21 million sitting just above 64K and 22 million just below 63K. ▶ 20:31

Their own position: Not said.

Dates named

  • US CPI inflation data on 12 Aug 2026: Maybe today's CPI inflation data coming out could be the catalyst for the next major move.