The Most Dangerous Week of Bitcoin's Worst Month Starts Now

On Bitcoin

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• Next days (next 1–7 days): Leans down: while yes Bitcoin has a short-term bearish buys I'm not necessarily bearish overall I do still think that the overall macro lows are in but Bitcoin can have some downside right here ▶ 24:54 Said again while their call of 10 Aug 2026 was open, so it counts once; that call was a draw: 64.3k when said, 64.2k on 17 Aug 2026 (−0.2%), under the 1% it takes to count.
• This cycle (next 6–18 months): Leans up (timeframe is our reading): I do still think that the overall macro lows are in ▶ 24:57 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 breaks the August 1st low, then 60k (next days): is going to be that low from, uh, from early August at 62200, if Bitcoin breaks that, I do expect to move down to almost $60,000 even. ▶ 30:42
• If Bitcoin reclaims today's and yesterday's high (the 64600 line in the sand), then 67k (next days): If Bitcoin can reclaim that, which is effectively today's high and yesterday's high as well. Um Bitcoin can even just trade back above that again. That would be a damn good signal. Bitcoin's ready to try and assault towards $67,000 ▶ 27:54
• If The macro-low thesis is proven wrong (weekly close below the June/July low), then 40k (next months): Again, if it gets proven otherwise, look, I will look down to those mid to low $40,000 territories, and I will likely buy along the way as well. ▶ 23:27

Levels named

• 67k: Target (upside target if the 64600 pivot is reclaimed): Bitcoin's ready to try and assault towards $67,000 and at that point very likely to pull in through the real reversal. ▶ 28:01
• 64.6k: Resistance (Revan ribbon midband and momentum pivot; short-term bearish bias while below): Yes, I do have to remain with the short-term bearish buys. It's just the rules rules are rules at the end of the day. 64600 is that line in the sand. ▶ 27:47
• 62.2k: Support (August 1st low; a daily close below destroys a lot of things short and medium term): Then the next major level to be aware of to the down to the downside is of course those lows that we saw from the 1st of August at 62,200. ▶ 28:27
• 57.8k: Support, expected to hold (LTI strong buy signal historically followed by about 20% further to the closing low): below the July or yes, below the July or June low. Um, you know, again, that that effectively is 7 uh 57 750. ▶ 22:10

Their own position: Short. As far as my own positioning goes, I am still remaining with a kind of bastardized um short strangle here.

Dates named

• PPI release on 13 Aug 2026: The window opens now effectively with PPI tomorrow as its first catalyst.