🚨Bitcoin at Multi-Month Lows While Goldman Targets S&P 8,000
Krown · · 1:58:23 · Watch on YouTube
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BTC near publication: $73,8084-hour candle close · 29 May 2026, 16:00 UTC · BTC/USDT
On Bitcoin
Changed since their last video: days flipped down to up; weeks went from expecting down to leaning down.
Views
- Next days (next 1–7 days): Leans up:
Maybe the weekend uh bounces a little bit, but next week, early next week, I probably am looking for a bounce here.
▶ 21:49 The call was wrong: 73.8k when said, 60.4k on 5 Jun 2026 (−18.1%). - Next weeks (next 2–6 weeks): Leans down (timeframe is our reading):
I do think that the bounce is likely to fail unfortunately. um uh and and and and probably does hang a little bit lower going into June.
▶ 23:44 The call was right: 73.8k when said, 59.9k on 28 Jun 2026 (−18.9%). - Next months (next 2–6 months): Leans down:
I am going to generally be looking for downside to continue into next month and maybe even the month after until Bitcoin really gets
▶ 20:36 Said again while their call of 27 Feb 2026 was open, so it counts once; that call was right: 66.1k when said, 60.8k on 27 Jun 2026 (−8.0%).
If this, then that
- If Monthly close below the 5 EMA at about 76840, then no target given (next months):
If the monthly closes anywhere below that red moving average, which is the 5 EMA at 76840 or so, which you know, looking quite likely
▶ 20:18
Levels named
- 78.3k: Their view is wrong past this (right shoulder on the daily time frame; needs a daily close above):
unless if my invalidation is hit, which is 78,300, or it's a little bit lower than that, but just easier to say 78,300
▶ 22:38 - 76.6k: Resistance (May monthly open equals the monthly 5 EMA, where the bounce is expected to stall):
that monthly open basically is the red 5 EMA on the monthly, which is 76600.
▶ 22:11 - 73.8k: Support (holding above it on the 12-hour supports the bounce):
assuming that it can remain above about 73850 by end of uh you know end of this next period 7 hours and 8 minutes
▶ 21:33 - 63.5–68.5k: Target (downside zone down to the monthly 55 EMA, where he is a buyer):
this overall move is at least 68500 and perhaps you know worst case scenario uh I do think Bitcoin can get all the way back down to that green 55 EMA which is about 63500
▶ 20:53
Their own position: Holding, no leverage. I'll be holding those positions for a long time on spot, no leverage, yada yada, you already know the deal.
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