Bitcoin is Quietly HOLDING This Key Level… (HERE’S WHAT IT MEANS)
Alessio Rastani · · 09:13 · Watch on YouTube
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BTC near publication: $64,4254-hour candle close · 10 Jul 2026, 12:00 UTC · BTC/USDT
On Bitcoin
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- Next weeks (next 2–6 weeks): Leans up:
So, there's a potential move that may happen in the next several weeks towards 70k, maybe just above that.
▶ 05:54 The call was a draw: 64.4k when said, 65k on 9 Aug 2026 (+0.8%), under the 2.5% it takes to count. - Next months (next 2–6 months): Leans up:
Maybe in the 70k to 75k range if we get there in the next several months.
▶ 06:49 The call was open until 7 Nov 2026, against 64.4k when said.
If this, then that
- If Bitcoin fails to hold the trend line and Fibonacci support near 57k (a sustained drop below the recent lows), then 49–50k (next weeks):
So, that means a sustained drop below the lows that we made recently, just near 57k, could result in a significant drop down to 50k or 49k approximately.
▶ 07:25
Levels named
- 70–75k: Target (50 weekly average coming down to meet the stretched price):
Maybe in the 70k to 75k range if we get there in the next several months.
▶ 06:49 - 70k: Target (21 weekly moving average, with price oversold):
there's potential for for example a move to the 21 weekly average, this blue line, which is approximately near 70k.
▶ 05:46 - 57–60k: Support (confluence of trend line, Fibonacci, 200 weekly MA and monthly 50 SMA):
as long as that level of support holds, just under 60K near 57K, there's potential for bulls to remain in control here
▶ 05:36 - 57.8k: Support (61.8% golden ratio retracement from the low to the all-time high):
the 61.8% golden ratio retracement, the Fibonacci retracement, is right there, at 57,799.
▶ 03:05 - 49–50k: Target (2024 lows, if the 57k support breaks):
So, that means a sustained drop below the lows that we made recently, just near 57k, could result in a significant drop down to 50k or 49k approximately.
▶ 07:25
Their own position: Not said.