SELL GOLD. But is Bitcoin Bottoming?
Krown · · 15:09 · Watch on YouTube
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BTC near publication: $78,1324-hour candle close · 3 Feb 2026, 16:00 UTC · BTC/USDT
On Bitcoin
Changed since their last video: days flipped up to down; months went from leaning down to expecting down; cycle went from leaning down to expecting down.
Views
- Next days (next 1–7 days): Leans down (timeframe is our reading):
Again, short-term for Bitcoin, just bearish. As long as you're below 85 850, I think it was.
▶ 14:21 The call was right: 78.1k when said, 69.3k on 10 Feb 2026 (−11.3%). - Next months (next 2–6 months): Expects down:
I would imagine sometime in the next 6 to 12 months, we will very likely see uh a six, you know, a low six handle on Bitcoin.
▶ 11:09 Said again while their call of 16 Oct 2025 was open, so it counts once; that call was right: 111.4k when said, 67.2k on 13 Feb 2026 (−39.7%). - This cycle (next 6–18 months): Expects down:
Basically, anytime we've even seen the quarterly MACD turn to the downside, that's been uh game over for the cycle.
▶ 14:12 Said again while their call of 6 Oct 2025 was open, so it counts once; that call was right: 124.2k when said, 86.2k on 6 Oct 2026 (−30.6%).
If this, then that
- If Bitcoin reclaims the Revan Ribbons midband on a daily close, the first big warning of a real reversal, then no target given (next months):
in order for Bitcoin to even have you know medium-term opium for the current trend. That is all the way at 86 or sorry 85,860.
▶ 13:03
Levels named
- 98k: Their view is wrong past this (last month's high; a close above it invalidates the bearish view):
the most obvious one is just getting back above and closing above last month's high about 98,000 bucks.
▶ 11:23 - 85.9k: Resistance (Revan Ribbons midband that must be reclaimed on a daily close):
in order for Bitcoin to even have you know medium-term opium for the current trend. That is all the way at 86 or sorry 85,860.
▶ 13:03 - 63k: Target (monthly green moving average, minimum correction target after the 5/21 EMA bearish cross):
Uh but yeah, where would that be as of right now? 63,000 bucks and change. And of course, you know, that is a minimum target.
▶ 10:41 - 61–62k: Target (first strong LTI buy signal in prior cycles came about 20% above the eventual low):
ultimately on a settling basis, probably somewhere around 20%, which would put Bitcoin, you know, about 61 62,000 bucks.
▶ 07:35
Their own position: Short. by the way, I'm still holding the short bare call spread or I just call it a short call spread.
Dates named
- Short call spread expiry, needs BTC to stay below 100k on 13 Feb 2026:
I will still uh lock in the $17,600 profit, assuming Bitcoin just doesn't crawl back above 100,000 bucks before February 13th.
- $95,000 short call options expiry on 27 Feb 2026:
I did short naked the TW sorry the $95,000 call strikes expiring end of February here February 27th 20 times for a price of 635.