Bitcoin Broke the October Low: Is $68,100 Next by December?

On Bitcoin

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

Views

• Next weeks (next 2–6 weeks): Leans down: So, we're in for a rough next couple of weeks most likely, unless a Bitcoin does something well that it's never done before. ▶ 01:46 Said again while their call of 30 Oct 2026 was open, so it counts once; that call was open until 29 Nov 2026, against 76.9k when said.
• Next months (next 2–6 months): Leans down: that is going to probably lead towards another couple months uh you know between now and December at minimum for you know sideways and down ▶ 12:55 The call was open until 5 Mar 2027, against 76k when said.
• This cycle (next 6–18 months): Leans up (timeframe is our reading): higher higher term time frames like macro time frames. Still think that the macro low is in. ▶ 10:07 Said again while their call of 9 Oct 2026 was open, so it counts once; that call was open until 9 Oct 2027, against 83.2k when said.

If this, then that

• If Bitcoin reclaims 81,900 on a daily close, reversing the technical downtrend, then no target given (next weeks): you can make me an absolute believer in this uh you know, in this asset in the short term and reverse a you know, a technical downtrend if Bitcoin could simply just reclaim 81,900. ▶ 08:06
• If Bitcoin reclaims yesterday's high, then 82.5k (next weeks): if Bitcoin were to reclaim, like I said, yesterday's high, I would actually have no problem taking 82,500 probably all the way up to, you know, the previous highs of of of October and September. ▶ 11:27
• If Bitcoin loses the September low, then no target given (next weeks): if Bitcoin loses, you know, effectively the September low and and honestly might already be set in motion. Uh, you know, mid60s is about where I'm looking towards. ▶ 05:46

Levels named

• 81.9k: Resistance (last lower high of the downtrend; reclaiming it on a daily close would reverse the trend): officially the last training lower high was that $81,900 tick. ▶ 03:31
• 77k: Resistance (price below the 55 EMA means no hope; reclaiming it leaves a small glimmer): as long as Bitcoin's below the 55 EMA, I don't think so. That is about 77,000 bucks. ▶ 06:57
• 70.8k: Support (2-month 21 EMA as a possible stopping point): we can see that yellow 21 EMA uh coming in around somewhere what this like 70,800 or so ▶ 12:11
• 68.1k: Target (next area of interest from stats on months trading under the prior month's low): the next major area of interest pertaining to this deck data would be 68,100. ▶ 05:42
• 65.7k: Target (monthly 55 EMA, pointed to by monthly bearish divergence): wants to come down at least to that green 55 EMA and that is currently 65700 or so. ▶ 11:54

Their own position: Bought, no leverage. and ultimately I've done my buying in this area already. You know, again, my rule for myself is when I get big discounts

Dates named

• US midterms, undated: The question of the day is, has the midterms marked the low for Bitcoin?