The Worst Jobs Report in Years Just Fired Bitcoin's Rarest Buy Signal

On Bitcoin

No change since their last video.

Views

• Next weeks (next 2–6 weeks): Leans up: Between now and the 21st is when I'd be expecting that to happen, I I guess, but timing these sort of ▶ 22:26 Said again while their call of 16 Jul 2026 was open, so it counts once; that call was wrong: 64.8k when said, 63k on 15 Aug 2026 (−2.6%).
• This cycle (next 6–18 months): Leans up (timeframe is our reading): Yeah, I reserve the right to be phenomenally catastrophically wrong as always, but yeah, still I like the setup here for a low more than not. ▶ 20:28 Said again while their call of 8 Oct 2025 was open, so it counts once; that call was wrong: 122.9k when said, 82.5k on 8 Oct 2026 (−32.9%).

If this, then that

• If Bitcoin closes below the ribbon mid-band at 64,566, then 63k (next days): If Bitcoin closes below the ribbon ribbons mid-bands, um again, 64 566, I do think you probably got to run towards 63, yeah. ▶ 21:55
• If Bitcoin plays out a similar move to past bull moon signals (average run of about 12.5%) from the moon open, then 72k (next weeks, by somewhere around the 13th of August): if Bitcoin were to play out a similar move from that general moon open, to what? To, well, as you correctly stated, about 72,000 bucks, which is rather interesting. ▶ 01:14

Levels named

• 67k: Resistance (top of the July highs range; bias is an upside breakout): yeah, I am looking for 67,000 bucks to be reclaimed rather than the opposite. ▶ 04:55
• 65.7k: Their view is wrong past this (previous high; host covers the other half on a close above): The other 10 I will buy if Bitcoin reclaims the previous high to that right here, which would actually still give me a bit of a buffer at 65,714. ▶ 16:31
• 65.4k: Their view is wrong past this (last trending lower high; host covers half of his short calls on a close above): I will cover half if Bitcoin closes above this trending lower high, which is 65,369. ▶ 16:20
• 64.6k: Support (ribbons mid-band used as a basing point and line in the sand): I'm still looking at that mid-band as a nice basing point. It is 64,566. ▶ 02:03
• 62.2k: Support, expected to hold (low expected to hold after the strong buy signal): we more or less expect that low to hold which is 62,225 on on the index right there. ▶ 11:55
• 61k: Support (weekly stochastic momentum stays upward above this level): I mean, as long as Bitcoin's above 60,950, that will hold true. ▶ 12:32

Their own position: Bought. I actually even bought some IBIT myself as well.

Dates named

• July CPI on 11 Aug 2026: Tuesday however is July CPI. So that, you know, that would be the next sort of event I suppose to look forwards to.
• July jobs report showing payrolls negative on 7 Aug 2026: First outright monthly job loss in years, which is kind of crazy, against 80,000 expected.