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🚨Bitcoin at Multi-Month Lows While Goldman Targets S&P 8,000

Krown · · 1:58:23 · Watch on YouTube

As of . Updated hourly as new videos are read.

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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