Bitcoin Just Lost $82K On The Worst CPI Print Since 2023 — Here's What's Next

On Bitcoin

Changed since their last video: days flipped up to down; weeks went from expecting up to leaning up.

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• Next days (next 1–7 days): Leans down (timeframe is our reading): So in the short term, yeah, you know, we do expect another rebasing somewhere around there. ▶ 02:03 Said again while their call of 7 May 2026 was open, so it counts once; that call was wrong: 79.9k when said, 81.3k on 14 May 2026 (+1.8%).
• Next weeks (next 2–6 weeks): Leans up (timeframe is our reading): My personal stance is that we do see Bitcoin head higher first and then lower rather than just lower from here. ▶ 05:15 Said again while their call of 1 May 2026 was open, so it counts once; that call was wrong: 78.4k when said, 73.7k on 31 May 2026 (−6.1%).

If this, then that

• If Bitcoin closes below 79,250 on a daily basis, then 70k (next weeks): 79 250, there are deeper problems and a much bigger retracement. At that point, I I didn't really talk about like major downside targets, but at that at that point, I think Bitcoin's coming down to like 70,000 bucks ▶ 14:20
• If confirmation above the top side boundary of the ascending triangle, about 82,750 (82,450 on a daily close), then no target given (next weeks): boundary which again is about 82750 or if you want to go on a daily closure be about 82450. Um that implied move would be bringing you up to a little over or about 85 and a half,000 bucks. ▶ 07:07

Levels named

• 85–87k: Target (upside target if Bitcoin breaks out): I'm still looking somewhere around 80 85 to 87,000 bucks. ▶ 05:00
• 79.3k: Support (price action pivot, last week's low and the midband of the Revan ribbons indicator): term which is just the price action pivot right here at 79,250 ▶ 00:56

Their own position: No position; would buy at 70k. Again, for the more long-term value-minded people, I will personally be buying around there.

Dates named

• CPI print of 3.8%, the worst read since 2023 on 12 May 2026: CPI was just released this morning and it is the literal worst read that we have seen in the past three years