Bitcoin $74K Target Hit LIVE — Next Move, SPX Weak, Oil Top?

On Bitcoin

Changed since their last video: days moved up to waiting; cycle moved up to sideways.

Views

• Next days (next 1–7 days): Waiting on 70.7k (timeframe is our reading): Uh, it would require a closure above 70,658 on CME. Right now, Bitcoin's obviously trading above that on CME at 71335, but it's a long day left to go. ▶ 21:17
• Next months (next 2–6 months): Sideways (timeframe is our reading): Again, short-term, medium-term, I think Bitcoin's rangebound here at best. I don't think you're going to see above 80,000 bucks, you know, for a long time. ▶ 22:37 Said again while their call of 11 Feb 2026 was open, so it counts once; that call was right: 66.5k when said, 62.7k on 11 Jun 2026 (−5.7%).
• This cycle (next 6–18 months): Sideways: Probably not even above 90,000 bucks for like at least a year. ▶ 22:43 The call was open until 13 Mar 2027, against 71.8k when said.

If this, then that

• If Bitcoin closes above 70,658 on CME today, forcing the 5/21 EMA cross, then 77k (next weeks, by later today): if Bitcoin does close above there, I do think that there is still hope that this rally does continue on and the next corrective target would be that green 55 EMA at 77,000 bucks and change ▶ 21:29
• If Daily close below the Reven ribbons midband at 68,740 validates the rally failing, confirmed by a retest of 60,000, then 60k (next weeks): will start to validate that at least at first pass if we do start to see daily closure below the midband which is 68740 and it'll be fully confirmed for me with at least another retest of 60,000 bucks ▶ 18:59

Levels named

• 77k: Target (green 55 EMA corrective target): and the next corrective target would be that green 55 EMA at 77,000 bucks and change ▶ 21:34
• 74k: Their view is wrong past this (bearish 2022 fractal is invalidated above the March high): But that also does provide a very beautiful invalidation at 74,000 bucks almost even on a daily closure. ▶ 12:31
• 68.7k: Support (Reven ribbons midband): The midband now is rising up on red and ribbons to 68,740. As long as Bitcoin's above there, you know, there is potential for another real assault above the current highs towards 77,000 bucks ▶ 18:37
• 65.5k: Support (confirmed higher low from last week): the low that it did confirm as a higher low from I think it was last week at 65,000 bucks and change or 65500 ▶ 11:52
• 60k: Support (holding this low for a couple of months would build confidence in a constructive low): hopefully Bitcoin holds that 60,000 low. If I see that for like a couple months, that's going to make me really, really, ▶ 22:51
• 55k: Support (monthly Bollinger band lower area, stray wick possible): if Bitcoin had a spike to 55,000 bucks, a stray wick there would not be that surprising and probably a good do as well for at least a quick bounce. ▶ 1:29:20

Their own position: Holding. But for right now, I've already done all my long-term buying, short-term trading, and whatnot. I'm still holding my options positions.