4 Reasons Why Bitcoin Formed A MAJOR Bottom

On Bitcoin

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

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• Next days (next 1–7 days): Expects up: 382 level is uh at 74700. I think that that's extremely likely to be hit in the next week. ▶ 11:14 The call was a draw: 68.6k when said, 68.7k on 13 Feb 2026 (+0.1%), under the 1% it takes to count.
• Next weeks (next 2–6 weeks): Leans up: I'd imagine if we fast forwarded about a month from now, uh you will see that number hit at some point. ▶ 11:31 Said again while their call of 7 Jan 2026 was open, so it counts once; that call was wrong: 91.3k when said, 68.6k on 6 Feb 2026 (−24.9%).
• This cycle (next 6–18 months): Leans up (timeframe is our reading): Bitcoin is putting in a major low exactly as we speak from the precise area that we've been looking at for the past couple weeks now ▶ 00:00 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 finishes this week above 70,400, then no target given (next weeks, by this week): assuming bitcoin finishes this week out above 70,400. So you know I think that the downside is definitely over for now and you're going to see you know sideways and up. ▶ 08:21

Levels named

• 83.7k: Resistance (61.8% retracement, next major area of interest): And then hey, if the 6 if the 618 level gets hit here is 83,700, that'll be the next major area of interest. ▶ 11:37
• 80k: Resistance (Revenue Ribbons midband has capped the downtrend): but I will continue to maintain a downside bias as long as Bitcoin is below 80,000 bucks. ▶ 10:45
• 79.2k: Target (50% retracement, also the weekly open): the 50% retracement level is 79,200 which is basically the open of this week. I do think that that will get hit given enough time. ▶ 11:21
• 74.7k: Target (38.2% retracement of the move): 382 level is uh at 74700. I think that that's extremely likely to be hit in the next week. ▶ 11:14
• 70.4k: Support (weekly stochastic crossing up if the week closes above it): assuming bitcoin finishes this week out above 70,400. So you know I think that the downside is definitely over for now ▶ 08:21
• 60k: Support (area watched for weeks, where the low formed): area that we've been looking at for the past couple weeks now, which was the low $60,000 territory. ▶ 00:03

Their own position: Bought. I did take this opportunity as discussed uh over the past couple weeks to put some long-term money to work in some long-term investments.