Bitcoin Is Ready for $83K and SPX Is Coiled for New Highs

On Bitcoin

Changed since their last video: weeks went from expecting up to leaning up.

Views

• Next weeks (next 2–6 weeks): Leans up (timeframe is our reading): Bitcoin has a clear path towards the next major targets in the mid 80,000 territory. ▶ 00:03 Said again while their call of 1 Apr 2026 was open, so it counts once; that call was right: 68.9k when said, 78.4k on 1 May 2026 (+13.8%).
• Next months (next 2–6 months): Sideways: I do think that we are range bound for this quarter at best. ▶ 05:04 Said again while their call of 11 Feb 2026 was open, so it counts once; that call was right: 66.5k when said, 62.7k on 11 Jun 2026 (−5.7%).

If this, then that

• If Bitcoin finishes the day above the reverse crossover level (about 75.1k) so the red 5 EMA crosses above the yellow 21 EMA on the 3-day, then 84.6k (next weeks): but if that does happen, that does initiate a minimum corrective move up to the green 55 EMA, which is 84,600 and change. ▶ 04:24
• If Bitcoin inches back above the stacked short liquidation level at 79,800, then an explosive move up, then no target given (next weeks): it's right here, 79,800, let's say. So, if Bitcoin does start to wait uh, inch its way back above there, I would be expecting kind of like an explosive um, movement to the upside ▶ 10:26
• If Bitcoin closes below the 19th of April higher low at 73,711, then back down to the mid to low 60s, then no target given (next months): which is the 19th of April's low at 73,711. If it If If Bitcoin closed below there, okay, yeah, send Bitcoin back down to mid to low 60s. ▶ 05:46
• If Bitcoin closes daily below the Reven Ribbons mid band at 74,860, then the rally is called a failure and downside follows, then no target given (next weeks): right here at 74,860, it looks like. Um on a daily close, if Bitcoin's closed below there, I'd call this rally a failure um and get ready for downside. ▶ 06:38

Levels named

• 87k: Target (measured move of the ascending triangle): it would be pointed up towards 87,000 bucks and change. ▶ 04:50
• 82–87k: Resistance, expected to turn price back (quarterly red 5 EMA near 82k, expects pushback and pullbacks in this zone): kind of looking somewhere between 82 um uh to 87, maybe it lands somewhere in the middle. Um but I would be expecting pullbacks around there. ▶ 05:24
• 84.6k: Target (green 55 EMA on the 3-day, minimum corrective move target after the 5/21 EMA cross): but if that does happen, that does initiate a minimum corrective move up to the green 55 EMA, which is 84,600 and change. ▶ 04:24
• 79.8k: Resistance (short liquidation levels stacked at this price): it's right here, 79,800, let's say. So, if Bitcoin does start to wait uh, inch its way back above there, I would be expecting kind of like an explosive um, movement to the upside ▶ 10:26
• 77k: Support (lower end of the upper red Reven Ribbons band): basing off of the lower end of the upper red band. So, that's about $77,000 uh as of right now. ▶ 06:15
• 74.9k: Their view is wrong past this (Reven Ribbons mid band): right here at 74,860, it looks like. Um on a daily close, if Bitcoin's closed below there, I'd call this rally a failure um and get ready for downside. ▶ 06:38
• 73.7k: Their view is wrong past this (previous higher low from April 19 before the breakout): which is the 19th of April's low at 73,711. If it If If Bitcoin closed below there, okay, yeah, send Bitcoin back down to mid to low 60s. ▶ 05:46

Their own position: No position. I'll probably be a buyer at very low 60s um if it gets there