Bitcoin… Just Imagine…

On Bitcoin

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

Views

• Next days (next 1–7 days): Waiting on a level: We can easily go either way here. And the thing is we have to wait and see where the breakout's going to happen. ▶ 06:07
• This cycle (next 6–18 months): Leans up (timeframe is our reading): we are still basically in the bear market. I know we've had a great pump recently and it could be the end of the bear market and we just ▶ 17:43 Said again while their call of 6 Oct 2025 was open, so it counts once; that call was wrong: 123.4k when said, 85.6k on 6 Oct 2026 (−30.7%).

If this, then that

• If Bitcoin breaks above the top of the rising wedge at 82,000, then 87k (next days): Top's at 82,000, break 82,000 goes to 87. That's the implied move here. ▶ 06:27
• If Bitcoin breaks down under the bottom of the rising wedge at 79,000, then 74k (next days): On the bottom, you break down under 79,000, you go down to about 74,000. ▶ 06:30

Levels named

• 87k: Target (implied move of the wedge breakout upward): Top's at 82,000, break 82,000 goes to 87. That's the implied move here. ▶ 06:27
• 82k: Resistance (top of the rising wedge): Top's at 82,000, break 82,000 goes to 87. That's the implied move here. ▶ 06:27
• 80k: Their view is wrong past this (stop loss on his short trade): The stop loss on this set set at 80K, which is extremely close to the price currently. ▶ 07:16
• 79k: Support (bottom of the rising wedge): On the bottom, you break down under 79,000, you go down to about 74,000. ▶ 06:30
• 74k: Target (implied move of a wedge breakdown): On the bottom, you break down under 79,000, you go down to about 74,000. ▶ 06:30
• 73.5k: Target (target on his short trade): The entry on this, as you can see, was $79,270. The target on this is 73,500. ▶ 07:20

Their own position: Short. few days of getting bored, so I've got to try to short the market.

Dates named

• Jackson Hole, Kevin Warsh speech on 28 Aug 2026: We do have Jackson Hole today, which is, of course, the big the big event for the Fed. Kevin Warsh is giving his Jackson Hole speech.