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UAE Leaves OPEC Set To Rattle Markets! [My Plan]

Crypto Banter · · 37:29 · Watch on YouTube

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BTC near publication: $76,9954-hour candle close · 29 Apr 2026, 04:00 UTC · BTC/USDT

On Bitcoin

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

Views

  • Next days (next 1–7 days): Waiting on 75k (timeframe is our reading): The 75K region is important. So, if you can hold that successfully, you could trade price up to about 85. ▶ 20:50
  • This cycle (next 6–18 months): Leans down (timeframe is our reading): I think the probabilities are low. I give it about a 20% chance. For now, 20% chance. ▶ 19:14

If this, then that

  • If Hold the 75K region successfully, then 85k (next days): The 75K region is important. So, if you can hold that successfully, you could trade price up to about 85. ▶ 20:50
  • If Lose the 75K region, then 72k (next days): Of course, the alternative is true. If you lose that, you are probably trading all the way back down to at least $72,000. ▶ 20:58

Levels named

  • 85k: Target (200 MA/EMA coming down provides resistance): that would be the long trade up to about we said 85K, right? It is now about 84 because we are trailing the 200, right? ▶ 21:36
  • 76k: Support (low region for a long entry on a backtest): you would be looking for the long trade when it pulls back down into this low region which is about $76,000. ▶ 23:50
  • 75k: Support (SR flip region, previous support order block): The 75K region is important. So, if you can hold that successfully, you could trade price up to about 85. ▶ 20:50
  • 72k: Target (downside target if the 75K region is lost): If you lose that, you are probably trading all the way back down to at least $72,000. ▶ 20:58

Their own position: Not said.

Dates named

  • FOMC decision and Powell's last speech as Fed chair on 29 Apr 2026: Because we have the FOMC which is coming up of course today. It is about 12 hours away.