cryptoBitcoin Bull Market Support Band
Benjamin Cowen · · 10:31 · Watch on YouTube
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BTC near publication: $81,7504-hour candle close · 22 Oct 2026, 12:00 UTC · BTC/USDT
On Bitcoin
Changed since their last video: weeks flipped up to down.
Views
- Next weeks (next 2–6 weeks): Leans down:
other markets test the bull market support band. So I wouldn't be that surprised to see that happen here in the coming weeks.
▶ 04:15 The call was open until 21 Nov 2026, against 81.8k when said.
If this, then that
- If Bitcoin loses 83K, then no target given (next weeks):
if if we're losing 83K here, then the next obvious stop is just the bull market support band, right? And and that's going to be like the low to mid70s.
▶ 06:52 - If Daily close below the 50-day moving average, then no target given (next weeks):
I think the daily close below the 50-day would be your first sign that you're likely heading back to the 21week EMA.
▶ 09:48
Levels named
- 83k: Resistance (Staying below 83K shifts the burden of proof back to the bears):
the burden of proof has been on the the bears but if if we stay below 83k it starts to shift back
▶ 04:37
Their own position: Not said.
Dates named
- US midterm elections on 3 Nov 2026:
the next high for Bitcoin will either be yesterday through November 3rd which happens to be the midterms