Bitcoin Price Action Explained: A Trader's Systematic Approach

On Bitcoin

Changed since their last video: weeks flipped up to down; months flipped down to up.

Views

• Next days (next 1–7 days): Expects up: short-term, you know, over this next 5 to 10-day period, yeah, I am looking for this rally to move its way up around there. ▶ 01:31 Said again while their call of 30 Apr 2026 was open, so it counts once; that call was right: 76.5k when said, 79.9k on 7 May 2026 (+4.5%).
• Next weeks (next 2–6 weeks): Leans down (timeframe is our reading): ultimately somewhere in there I do expect this rally to get pushed back and to, you know, come back. ▶ 04:47 Said again while their call of 28 Apr 2026 was open, so it counts once; that call was right: 76.1k when said, 72.9k on 28 May 2026 (−4.1%).
• Next months (next 2–6 months): Leans up: Then, probably the game begins, you know, hopefully in summer some something like this. ▶ 18:08 Said again while their call of 5 Feb 2026 was open, so it counts once; that call was wrong: 67.5k when said, 60.4k on 5 Jun 2026 (−10.4%).
• This cycle (next 6–18 months): Leans up (timeframe is our reading): And my personal opinion is that it's starting to look more and more like a macro low, but time must set in. ▶ 00:17 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 trades up into the region where short liquidation levels are stacked, giving liquidation fuel to push it higher, then no target given (next days): stacked at 81,700 to 81,800, basically. So, if you do see Bitcoin trade up into that region, you got a little bit of liquidation fuel to force this thing higher. ▶ 09:48

Levels named

• 85–86k: Resistance, expected to turn price back (monthly HPDR 618 level, top of the 5-month range): So, I would say on the lower end, probably 85, on the upper end, maybe a little bit above 86, but ultimately somewhere in there I do expect this rally to get pushed back ▶ 04:41
• 85k: Target (minimum target of the 5/21 EMA cross is the green 55 EMA): That would be the green 55 EMA right here, which is just hovering below 85,000 now. ▶ 01:00
• 83.3k: Target (top of the upper red band of the Reven Ribbons): and the top band of it, which is 83,300. ▶ 07:37
• 82.9k: Target (target three of the Medicinal setup, 48% probability): Target number three is where I think we're probably going into the short-term, and that is 82,917. ▶ 03:21
• 80k: Support (area of interest if there is a downside move): yeah, even 80,000 bucks is a nice little, you know, area of interest if Bitcoin even has downside move ▶ 10:18
• 77.8k: Their view is wrong past this (Reven Ribbons mid band; no reason to be bearish until it is lost): which is now risen all the way up to 77,850. So, that is important. ▶ 07:55
• 75.3k: Their view is wrong past this (stop loss of the Medicinal setup on a closing basis): The stop loss was not hit, which is again on a closure below 75,339. ▶ 02:42

Their own position: No position; would buy at 65k. you know, somewhere around low 70s, maybe up upper 60s, maybe as low as like 65. Whatever it ends up being, but if I do see a move like that, I will buy it on the next pass.