Crypto in EXTREME FEAR: BTC Choppy, Stocks Cooling, Gold Bouncing | What Comes Next?

On Bitcoin

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

Views

• Next days (next 1–7 days): Waiting on 104.7k (timeframe is our reading): again nothing truly can materialize here till we start living above this 104700. ▶ 04:42

If this, then that

• If Bitcoin gets back above 104,700 and holds it, then 112.6–114k (next weeks): this is the level we want to see Bitcoin get back above for more continuation towards the upside. From there we would target our monthly average up here, okay, at 112,600 ▶ 04:55
• If Bitcoin loses 97,800, the line in the sand for more major downside, then no target given (next weeks): Any kind of line in the sand for more major downside comes if we lose 97,800 in my opinion. ▶ 05:21

Levels named

• 114k: Target (next major area above the monthly average): And then realistically between there and for 114 is the next major area we'd look to. ▶ 05:07
• 112.6k: Target (monthly average): From there we would target our monthly average up here, okay, at 112,600 give or take. ▶ 05:01
• 104.7k: Resistance (point of control; key level price needs to live above for continuation): again nothing truly can materialize here till we start living above this 104700. ▶ 04:42
• 102k: Resistance (needs to be reclaimed for any move back to the upside): we'd really like to see at least the price action reclaim this 102,000 to see any type of, uh, move back to the upside. ▶ 03:57
• 100k: Support (low side of the weekly range): coming down to the low side of our range is going to be on the table. That's about $100,000 uh, give or take. ▶ 04:17
• 97.8k: Support (key level watched since June; losing it opens more major downside): Any kind of line in the sand for more major downside comes if we lose 97,800 in my opinion. ▶ 05:21

Their own position: Not said.