The Brutal Truth about The Crypto Recovery! (And What's Coming)

On Bitcoin

Changed since their last video: weeks flipped up to down.

Views

• Next weeks (next 2–6 weeks): Leans down (timeframe is our reading): And here is actually where I think we're going to land. up somewhere at around $72,000. ▶ 13:38
• This cycle (next 6–18 months): Leans up (timeframe is our reading): Again, I'm not in that school of thought. I think that that was invalidated when we put in a higher high, ▶ 19:55

If this, then that

• If Bitcoin goes below 57,995, which would confirm the dead cat bounce view and send price toward the realized price or lower, then no target given (next weeks): So if it goes below the 57,995, then we go say, okay, those people were actually right, and then we go maybe to the realized price or even below the realized price. ▶ 19:48

Levels named

• 76k: Support (50-week exponential moving average, may give a bounce but probably not enough): pretty much 50-week exponential moving average, 76,000. I don't think that's going to do the trick. ▶ 14:45
• 72k: Support (bull market support bands, where price and sentiment should align in fear): And here is actually where I think we're going to land. up somewhere at around $72,000. ▶ 13:38
• 71k: Target (an 18% correction from the top, based on shrinking corrections in past cycles): That would take us down to about $71,000, right? So that would mean that it would take us down to about $71,000 ▶ 03:39
• 58k: Their view is wrong past this (a lower low would confirm the dead cat bounce view): So if it goes below the 57,995, then we go say, okay, those people were actually right, and then we go maybe to the realized price or even below the realized price. ▶ 19:48
• 53.7k: Target (realized price, where the dead cat bounce school expects price to go): So that would take us down to 53,663. That would take us to the realized price. ▶ 16:02

Their own position: No position. I'm sitting on my hands and not buying anything.

Dates named

• US midterm elections on 3 Nov 2026: So ultimately, on or around election day, midterm election day, which is, by the way, next week, I think it's next Tuesday or something like that.