Bitcoin: Bears Regaining Control

On Bitcoin

Changed since their last video: cycle went from leaning up to expecting up.

Views

• Next weeks (next 2–6 weeks): Leans down (timeframe is our reading): I just have to think, why would Bitcoin be any different? I I think it's probably going to be the same thing. ▶ 19:11 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.
• This cycle (next 6–18 months): Expects up (timeframe is our reading): a lot of people are are way more bullish on this stuff than I than I am in the short term. Longterm I'm I'm very bullish on Bitcoin. ▶ 05:07 Said again while their call of 1 Feb 2026 was open, so it counts once; that call was open until 1 Feb 2027, against 78.9k when said.

If this, then that

• If A second weekly close below 83K confirms the fake out, and Bitcoin then goes to the bull market support band, then no target given (next weeks): Second weekly goes below 83K. Fake out confirmed. Third point would be um Bitcoin goes to bull market support band. ▶ 20:06

Levels named

• 87k: Resistance (September high, where the move above the May high topped out): Bitcoin extended the gains right all the way up to 87K ▶ 02:02
• 83k: Resistance (May high; weekly closes below it signal the bears are back in control): that a weekly close below 83K would be the shift of considering the bears being back in control ▶ 00:45
• 72–76k: Target (Bull market support band; other risk assets went there after losing the 50-day): the bull market support band for Bitcoin currently ranges from around 76K to about 72. So 72 to 76K. ▶ 06:02
• 60k: Support (A drop to 60K followed by a rally would worry him; a lower low that takes out realized price would be a better bullish sign): What would make me more convinced that that is the likely outcome is if Bitcoin were to drop back to like say 60K and then rally again. ▶ 15:28

Their own position: Bought. I, you know, I bought some Bitcoin in July, as I mentioned, and I've said,

Dates named

• FOMC meeting, Fed expected not to raise rates on 28 Oct 2026: Next week, FOMC Fed does not raise rates October 28th.
• PCE inflation print on 29 Oct 2026: Then on the 29th, let's say PCE comes in hot, 10-year yield goes back up.
• US midterm elections on 3 Nov 2026: Coincidentally, November 3rd is the midterms, right?
• December FOMC, possible Fed rate hike, undated: And then probably Fed raises rates in December, even despite the drop in stocks,