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NFA Live! Bitcoin Hit a New Low

Benjamin Cowen · · 36:47 · Watch on YouTube

As of . Updated hourly as new videos are read.

BTC near publication: $61,3584-hour candle close · 2 Jul 2026, 12:00 UTC · BTC/USDT

On Bitcoin

No change since their last video.

Views

  • Next weeks (next 2–6 weeks): Leans up (timeframe is our reading): So, I I would say there's a good chance you know, you're you'll see Bitcoin find a little bit of relief for a little while. ▶ 04:08 Said again while their call of 5 Jun 2026 was open, so it counts once; that call was right: 60.4k when said, 62.7k on 5 Jul 2026 (+3.8%).
  • Next months (next 2–6 months): Leans down: I think there's still a reason to assume that there will be some more weakness later in the year. ▶ 04:39 Said again while their call of 18 Mar 2026 was open, so it counts once; that call was right: 73.9k when said, 64.8k on 16 Jul 2026 (−12.4%).
  • This cycle (next 6–18 months): Leans up (timeframe is our reading): Probably will get a small bounce before showing a little bit more weakness again later in the year, and then hopefully we're back in business next year ▶ 05:39 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.

Levels named

  • 60k: Support (Bitcoin has found support around 60k this year): you guys know how we've been finding support at like 60k this year more or less right around 60k. ▶ 03:38
  • 57k: Support (The 2026 summer low of 57,000 mirrors the 2018 summer low of 5,743, scaled 10x): and in 2026 the low coincidentally is 57,000, right? ▶ 04:02

Their own position: Bought. Usually, what I do is I just start buying Bitcoin in the second half of midterm years, and you know, just kind of buy it through

Dates named

  • Possible rate hike in September, undated: But, I think right now they're actually expected to raise rates in September.