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🚨79,250 Was the Line. Now We Have New Targets + SPX Higher Low Forming?

Krown · · 1:53:16 · Watch on YouTube

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BTC near publication: $77,4554-hour candle close · 20 May 2026, 16:00 UTC · BTC/USDT

On Bitcoin

Changed since their last video: weeks went from expecting down to leaning down; months flipped up to down.

Views

  • Next days (next 1–7 days): Leans up (timeframe is our reading): But in until then, you know, short-term timeframes, I think might extend this bounce a little bit more. ▶ 25:26 Said again while their call of 19 May 2026 was open, so it counts once; that call was a draw: 76.5k when said, 76.5k on 26 May 2026 (−0.0%), under the 1% it takes to count.
  • Next weeks (next 2–6 weeks): Leans down (timeframe is our reading): Again, personally, I think probably somewhere around like, I don't know, 70 to 70 71,000 bucks or or 69, somewhere between 69 to 71,000 bucks in that pocket there makes a lot of sense to me. ▶ 25:17 Said again while their call of 28 Apr 2026 was open, so it counts once; that call was right: 76.1k when said, 72.9k on 28 May 2026 (−4.1%).
  • Next months (next 2–6 months): Leans down (timeframe is our reading): as long as Bitcoin is closing below there on the daily timeframe, I have to remain short-term medium-term bearish ▶ 26:18 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%).
  • This cycle (next 6–18 months): Leans up (timeframe is our reading): I still think that Bitcoin more or less has the lows in. ▶ 25:05 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 closes above about 77,750, then 79k (next days): If if if you can see Bitcoin close above about 77,750, then I would be looking for this bounce actually go decently higher at least to 79,000 bucks. ▶ 22:49
  • If Bitcoin closes below yesterday's low or the daily 55 EMA at 76,500, then 70–74.5k (next weeks): next stop would be about 74,500, which probably going to be another short-term, medium-term bounce, but ultimately I do think that Bitcoin would work its way all the way down to that $70,000 number ▶ 23:18
  • If short liquidation levels stacked around 78,250 get hit, then 79–80k (next days): stacked in around about 78 250. If those do get hit, I think that you do get that move up to like 79 maybe even 80,000 bucks ▶ 28:06

Levels named

  • 79–80k: Resistance, expected to turn price back (rally expected to stall; higher-timeframe momentum still down): think it's going to be going much higher really than, especially like 80,000 bucks, but even 79 I think would be quite difficult. ▶ 23:57
  • 79.5k: Resistance (mid-band of the daily Fibonacci ribbon; below it the trend is bearish): as long as you're below the mid-band here, which is 79,500, it is objectively bearish. ▶ 26:04
  • 76.5k: Support (daily 55 EMA; a daily close below it ends the bounce): the green 55 EMA, which is 76,500 on a daily time frame closing basis, at that point I'd say ▶ 23:07
  • 69–71k: Target (expected pullback pocket seen as a long-term buying opportunity): Again, personally, I think probably somewhere around like, I don't know, 70 to 70 71,000 bucks or or 69, somewhere between 69 to 71,000 bucks in that pocket there makes a lot of sense to me. ▶ 25:17
  • 60k: Support, expected to hold (believes the lows are in): I'm not looking for any major trending move down, you know, south of 60,000 bucks on like a consistent higher timeframe closing basis ▶ 25:08

Their own position: Not said.

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