cryptoBitcoin Holds Above $83k
Benjamin Cowen · · 06:07 · Watch on YouTube
As of . Updated hourly as new videos are read.
BTC near publication: $84,4904-hour candle close · 21 Oct 2026, 20:00 UTC · BTC/USDT
ETH near publication: $2,4954-hour candle close · 21 Oct 2026, 20:00 UTC · ETH/USDT
On Bitcoin
Changed since their last video: weeks moved waiting to up.
Views
- Next weeks (next 2–6 weeks): Leans up (timeframe is our reading):
Bitcoin sort of continues to show strength, maybe it cools off a little bit and then shows strength again going into into the midterms
▶ 05:22 The call was open until 20 Nov 2026, against 84.5k when said.
If this, then that
- If Multiple weekly closes below 83K would give the bears some semblance of control; until then the status quo is unchanged, then no target given (next weeks):
they have held above 83K, and until you get multiple weekly closes below it, then I think the status quo simply remains unchanged
▶ 00:59
Levels named
- 83k: Support (Line the bulls need to defend; it is where the prior May high was):
One of the sort of the line in the sand that we talked about is 83K as the line that the the bulls need to defend
▶ 00:26 - 81.7k: Support (Bitcoin is bouncing off the 50-day moving average):
50-day moving average is currently at around 81.7 or so
▶ 01:20
Their own position: Not said.
On Ethereum
Priced against another coin, not dollars · not counted.
Views
- Next weeks (next 2–6 weeks): Leans down (timeframe is our reading):
I think Bitcoin dominance will likely continue to go up.
▶ 01:47
Their own position: Not said.
Dates named
- FOMC meeting, undated:
arguably, the next major catalyst will be FOMC, which is about a week from now.
- US midterm elections, undated:
maybe it cools off a little bit and then shows strength again going into into the midterms