What the Powerful Breakout Rally in Bitcoin Means Now

On Bitcoin

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

Views

• Next weeks (next 2–6 weeks): Leans up: the 50 simple moving average, which in the next few weeks could merge with the levels of about 80k to 78k range. ▶ 04:01 The call was right: 77.1k when said, 84.9k on 21 Sep 2026 (+10.1%).
• This cycle (next 6–18 months): Leans down (timeframe is our reading): I'm actually doubtful that this particular rally is the start of a new bull market to take us into new highs. ▶ 02:15 Said again while their call of 25 Jan 2026 was open, so it counts once; that call was open until 25 Jan 2027, against 86.5k when said.

If this, then that

• If Bitcoin gets rejected at the weekly 50 SMA and then drops below support, then no target given (next months): what Bitcoin does at the 50 SMA on the weekly chart, in other words, if it gets rejected at that level and then drops down, falls below support, that could significantly increase the odds and the risk of a bear market continuation and another drop to new lows. ▶ 04:50
• If Bitcoin pushes through the weekly 50 SMA, then no target given (this cycle): if Bitcoin manages to successfully explode through the 50 SMA and continue to push through the 50 simple moving average on the weekly chart, that potentially may increase the likelihood that the bear market has ended ▶ 04:18

Levels named

• 78–80k: Target (weekly 50 SMA acts as a test for the counter-rally): the 50 simple moving average, which in the next few weeks could merge with the levels of about 80k to 78k range. ▶ 04:01
• 66k: Resistance, expected to break (price broke out above the prior recent high): we've seen finally Bitcoin break out above the prior recent high that it had there just near 66K. ▶ 00:39

Their own position: Not said.