Bitcoin Consolidation Pattern - Trade This Setup

On Bitcoin

Changed since their last video: weeks moved sideways to down.

Views

• Next weeks (next 2–6 weeks): Expects down: over this next week or two, yeah, risk is to the downside. I do expect Bitcoin to, you know, come somewhere around the lows, maybe slightly lower. ▶ 02:02 Said again while their call of 4 Feb 2026 was open, so it counts once; that call was right: 74.1k when said, 68.5k on 6 Mar 2026 (−7.6%).
• This cycle (next 6–18 months): Leans up (timeframe is our reading): while I do think Bitcoin is likely putting in a major low within this current region, maybe a a macro low, definitely possible. ▶ 02:50 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 After a spike down, Bitcoin recovers back above about 60,000 by the weekly close, then no target given (next weeks, by on that same week): recover back above about 60,000 bucks by the closure, that would be a really, really, really, really, really strong signal in my book that Bitcoin is going to at least attempt a big bounce ▶ 03:33

Levels named

• 75k: Resistance (best-case upside over the next month): Maybe 75,000 bucks best case scenario to the upside in like the next month. ▶ 09:12
• 72.1k: Resistance (new weekly stochastic momentum pivot): And the new momentum pivot is actually 72,100 and change right there. ▶ 01:57
• 70.2k: Their view is wrong past this (ribbon midband on daily close; bearish while below): I'm bearish on Bitcoin as long as Bitcoin's below the revenue ribbons midband here, which is 70,200 on a daily closing basis. ▶ 07:26
• 67.5k: Resistance (12-hour hidden bearish divergence favors playing out while closes stay below): 12-hour time frame has hidden bearish divergence already painted in. And if Bitcoin I mean, basically just continues to close below 67,500, ▶ 02:20
• 55.7–61.1k: Target (ribbon indicator short-term pattern target, wick to lower end): showing a short-term pattern target down around about 61,100 on the upper end. And if we were to go all the way for the lower end, maybe a stray wick down to about 55,700, ▶ 02:36
• 55k: Support, expected to hold (monthly 55 EMA and weekly 200 SMA should cause sideways action): I don't think you're going to see like significant closures below like 55,000 bucks on the short term basically. ▶ 14:57

Their own position: Short. I still hold this $95,000 call strike short 20 times. Sold it for 635.