6 Data Points That Prove This Bitcoin Pump Is Different!

On Bitcoin

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

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• This cycle (next 6–18 months): Waiting on 107k (timeframe is our reading): If we break through the 107,000, back in the bull market. If not, that was the last bounce before the bear market. ▶ 24:23

If this, then that

• If Bitcoin breaks through 107,000 (the 200-day SMA), then no target given (this cycle): If we break through the 107,000, back in the bull market. If not, that was the last bounce before the bear market. ▶ 24:23

Levels named

• 107k: Resistance (200-day SMA, a break above it would confirm the bull market): and then the 200-day SMA, which is at 107,000. That's where you want to be. ▶ 24:46
• 102k: Resistance (50-week SMA, Ben Cowen's technical bull market band): The 50-week SMA, Ben Cowen's technical bull market band is at 102,000. ▶ 22:12
• 100k: Resistance (psychological level): Once we are through that level, the next hurdle is the 100,000 psychological level. ▶ 21:54
• 93–95k: Resistance (long-term support/resistance level that has been in play for a long time): We are now battling this very important support resistance level which is 93 to 95,000. ▶ 21:21

Their own position: Bought; would buy at 100–102k. I've been buying all along. Make yourself buy points. If we do hit the 100,000, if we do hit 102, that's when I'm going to be buying.