cryptoBitcoin: A Precarious Position
Benjamin Cowen · · 19:51 · Watch on YouTube
As of . Updated hourly as new videos are read.
BTC near publication: $81,1894-hour candle close · 24 Oct 2026, 00:00 UTC · BTC/USDT
On Bitcoin
No change since their last video.
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- Next weeks (next 2–6 weeks): Leans down (timeframe is our reading):
My guess is that Bitcoin will also head to the bull market sport band before too long.
▶ 04:55 Said again while their call of 22 Oct 2026 was open, so it counts once; that call was open until 21 Nov 2026, against 81.8k when said.
If this, then that
- If Second weekly close below 83K, then no target given (next weeks):
Sorry, second weekly close below 83K. Number two, if that happens, this is the line of events, right?
▶ 07:48 - If Bitcoin gets back above the May high at 83K, which voids the bearish checklist, then no target given (next weeks):
if we're back at 83K, above 83K, then this checklist becomes null and void, right?
▶ 12:43
Levels named
- 83k: Resistance (May high; he wants weekly closes above it before joining the bull camp):
show me weekly closes above 83K and I'll be there in that camp with you.
▶ 15:22
Their own position: Not said.
Dates named
- FOMC meeting on 28 Oct 2026:
October 28th, you have FOMC. So imagine the Fed does not raise rates
- PCE inflation report on 29 Oct 2026:
Now imagine the very next day PCE comes in hot.
- US midterm elections on 3 Nov 2026:
that's November 3rd. That's the day of the midterms, right?