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THE BITCOIN TRAP REPEATS...

Crypto Rover · · 09:22 · Watch on YouTube

As of . Updated hourly as new videos are read.

BTC near publication: $79,8584-hour candle close · 29 Oct 2026, 04:00 UTC · BTC/USDT

On Bitcoin

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

Views

  • Next days (next 1–7 days): Leans down (timeframe is our reading): most likely we're still going to see a slight little squeeze towards the downside because price has been going down here. ▶ 04:07 Said again while their call of 24 Oct 2026 was open, so it counts once; that call was right: 80.7k when said, 77.4k on 31 Oct 2026 (−4.2%).
  • Next weeks (next 2–6 weeks): Leans up (timeframe is our reading): I do think Bitcoin is still going to go and sweep the high because we are not seeing an accumulate like distribution ▶ 08:19 Said again while their call of 19 Oct 2026 was open, so it counts once; that call was open until 18 Nov 2026, against 82.5k when said.

If this, then that

  • If Bitcoin breaks the $79,000 support level, then 78k (next days): I'm obviously looking at this $79,000 level as a major level of support for Bitcoin. And if we break that level, it's going to be $78,000 where also a big amount of support is laying. ▶ 04:35

Levels named

  • 79k: Support (large amount of liquidity building up below $80,000 around 79K): I am still looking at my major support target sitting at $79,000 US. ▶ 03:37
  • 78k: Support (big amount of support lying there): it's going to be $78,000 where also a big amount of support is laying. ▶ 04:42
  • 75–77k: Support (expects bigger weekly-timeframe support there): towards the downside towards either this zone right here, the 77 to $75,000 or either this zone right here ▶ 05:32
  • 75k: Support, expected to hold (50-week moving average has provided support in previous bull markets): I do think that this 50weekly moving average, just like it has done in every single previous Bitcoin bull market, will probably provide a lot of support. And this one is also sitting around $75,000. ▶ 04:56
  • 74k: Support (200 day moving average retest with liquidity sweep and point of control, best risk-to-reward): it is going to be definitely around the $74,000 US region where I would like to go all in in towards new swing trade positions on Bitcoin. ▶ 07:58

Their own position: Holding. I am not worried whatsoever. I will continue to hold the straight open.

Dates named

  • FOMC meeting held rates, Fed chair did not confirm a December hike on 28 Oct 2026: Yesterday, we got the FOMC meeting and the Federal Reserve did make the decision to actually don't change the interest rates whatsoever.
  • US midterm elections on 3 Nov 2026: due to the fact that we are having the US midterm elections on the 3rd of November. And that is exactly 5 days from now on on Tuesday.