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🚨Oil Spikes 6% As Ceasefire Ends! Bitcoin Rejects $64K On Global Panic

Krown · · 2:01:13 · Watch on YouTube

As of . Updated hourly as new videos are read.

BTC near publication: $61,7044-hour candle close · 8 Jul 2026, 16:00 UTC · BTC/USDT

On Bitcoin

Changed since their last video: weeks moved up to waiting.

Views

  • Next days (next 1–7 days): Leans up (timeframe is our reading): I expect Bitcoin to try a little bit of a bounce from here on the short-term time frames. ▶ 36:31 The call was right: 61.7k when said, 65.4k on 15 Jul 2026 (+6.0%).
  • Next weeks (next 2–6 weeks): Waiting on a level (timeframe is our reading): I'm still unwilling to call Bitcoin a breakdown until it actually really comes back down below Monday's low. ▶ 2:00:21

If this, then that

  • If Bitcoin trades below Monday's low at 61,280, then no target given (next days): 61280. If it goes below there, I generally think Bitcoin's coming back down to 58, 585, whatever. ▶ 36:49
  • If CME daily close below 62,000 or spot wick below 61,400, then 60k (next weeks): if if either one of those two things happens, yes, I do have to turn um into short-term medium-term bearish looking for Bitcoin, you know, likely below 60,000 bucks again or at least testing 60,000 bucks. ▶ 22:37
  • If Bitcoin reclaims 64,000 (yesterday's high), then no target given (next days): Bitcoin really needs to reclaim 64. Um B basically yesterday's high to uh confirm, you know, continuation. ▶ 2:00:40

Levels named

  • 66k: Target (retest of the daily 55 EMA expected at some point): at some point Bitcoin will retest the daily 55 EMA, which is currently just below 66,000 bucks. ▶ 18:43
  • 64k: Resistance (yesterday's high must be reclaimed to confirm continuation): Bitcoin really needs to reclaim 64. Um B basically yesterday's high to uh confirm, you know, continuation. ▶ 2:00:40
  • 62.8k: Resistance (average stop loss of worst-performing short traders): 62800 to the upside meaning that as long as Bitcoin's below there should be more or less uh you know little bit more weighted towards the downside in the short term ▶ 14:44
  • 61.3k: Support (Monday's low is the pivot; losing it turns the speaker bearish): So, yeah, 61280. If it goes below there, I generally think Bitcoin's coming back down to 58, 585, whatever. ▶ 36:49
  • 60k: Support (average long stop-loss cluster): long long uh stop loss is coming in around at an average price of just about 60,000 bucks ▶ 14:53

Their own position: Not said.

Dates named

  • FOMC minutes (June meeting) on 8 Jul 2026: FOMC minutes are coming out and markets do kind of somewhat like to, you know, jolt around on that typically.

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