Bitcoin Volatility Just Hit a 2-Month Low - With the Worst News of the Year

On Bitcoin

Changed since their last video: days went from expecting down to leaning down; months moved down to waiting; cycle moved waiting to up.

Views

• Next days (next 1–7 days): Leans down (timeframe is our reading): We could see maybe a you know, a move down to like 61,000 bucks, give or take a few hundred from that number. ▶ 04:04 Said again while their call of 3 Aug 2026 was open, so it counts once; that call was a draw: 63.7k when said, 64.3k on 10 Aug 2026 (+0.9%), under the 1% it takes to count.
• Next weeks (next 2–6 weeks): Leans up: I do think that a Bitcoin is going to be bullish in the month of August. We probably do see 69,000 and 72,000 bucks ▶ 09:55 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%).
• Next months (next 2–6 months): Waiting on 64.5k: of course, as long as Bitcoin's below 64,500, just to put it super [ __ ] bluntly, I do have to remain short-term, medium-term bearish. ▶ 03:52
• This cycle (next 6–18 months): Leans up (timeframe is our reading): I I I think still indicative that Bitcoin's trying to put in a macro low here at the $60,000 level, which many people think is just impossible. ▶ 01:12 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 reclaims 64,500, then 67k (next weeks): Of course, if Bitcoin can reclaim 64,500, we do still have that target zone at about 67,000 bucks. ▶ 04:19
• If Bitcoin closes above the ribbon mid band, 64,500 on CME, then 67.5k (next weeks): That will only be confirmed again if Bitcoin closes above the ribbon ribbons mid band, 64,500 or so on CME. And at that point, I'm looking for a move up to the green 55 EMA, which is now 67,500. ▶ 05:33

Levels named

• 72k: Target (in line with August stats): We probably do see 69,000 and 72,000 bucks ultimately, ▶ 09:58
• 69k: Target (in line with August stats): We probably do see 69,000 and 72,000 bucks ultimately, ▶ 09:58
• 68.5k: Target (mid band of the 8-day time frame): which effectively is the the mid band for the 8-day time frame as well. Um that would be 68,500. ▶ 09:43
• 67.5k: Target (Green 55 EMA is the minimum corrective target after the 5/21 EMA cross): I'm looking for a move up to the green 55 EMA, which is now 67,500. ▶ 05:39
• 67k: Target (aligns with the previous July high): Of course, if Bitcoin can reclaim 64,500, we do still have that target zone at about 67,000 bucks. ▶ 04:19
• 64.5k: Resistance (Ribbons indicator mid band; below it he stays bearish): But, 64,500 is that line in the sand for Bitcoin on the revenue ribbons indicator. ▶ 03:19
• 64.1k: Support (a daily finish above it supports a stochastic cross and hope for a mid band reclaim): If Bitcoin can finish today above 64,100 or so, if it can do that, I think that there's some hope even in the short term ▶ 06:16
• 61k: Target (possible downside move while below the mid band): We could see maybe a you know, a move down to like 61,000 bucks, give or take a few hundred from that number. ▶ 04:04

Their own position: Bought, no leverage; would buy at 64k. so I'm going to do 63,950. We'll buy $100. Going to continue to buy $100 per day.

Dates named

• July spot ETF inflows among the lowest monthly on record, undated: at least for July spot ETF as inflows were among the lowest monthly total on record on record so far.