Bitcoin Just Flipped

On Bitcoin

Changed since their last video: weeks moved waiting to up.

Views

• Next weeks (next 2–6 weeks): Leans up (timeframe is our reading): I feel like we're ready for some kind of relief rally at least here in crypto where we have potential MACD crossover coming in a few days ▶ 11:44 The call was a draw: 63.1k when said, 64.2k on 11 Jul 2026 (+1.7%), under the 2.5% it takes to count.
• This cycle (next 6–18 months): Leans up (timeframe is our reading): it is a bottoming phase. Perhaps this bare market is unlike other bare markets because of institutional adoption. ▶ 07:36 Said again while their call of 6 Oct 2025 was open, so it counts once; that call was wrong: 123.4k when said, 85.6k on 6 Oct 2026 (−30.7%).

If this, then that

• If Bitcoin breaks out to the top of the tight triangle, then no target given (next weeks): from around 635 to around 685 would be the price target of this particular triangle pattern that's forming up here. ▶ 02:33
• If Price breaks down out of the triangle around 61.5k, then 56k (next weeks): If the price breaks here around 61.5, then we're heading down to around 56K approximately. ▶ 02:44
• If Price trades into the 50-60k spot demand area and the bids get filled, then no target given (this cycle): massive spot demand sits in the 50 to 60K range across major order books. If price trades into that area and those bids actually get filled, I'd view it as part of a bottoming process ▶ 03:29

Levels named

• 72k: Resistance (50-day EMA overhead): we have the 20-day EMA up here at 67.5 and then up at 72, we have the 50-day EMA. ▶ 02:52
• 67.5k: Target (20-day EMA seen as a reasonable target on a break up): we have the 20-day EMA up here at 67.5 and then up at 72, we have the 50-day EMA. ▶ 02:52
• 61.5k: Support (lower edge of the triangle; a break implies a move to about 56k): If the price breaks here around 61.5, then we're heading down to around 56K approximately. ▶ 02:44
• 50–60k: Support (massive spot demand across major order books): massive spot demand sits in the 50 to 60K range across major order books. ▶ 03:29
• 56k: Target (measured move of the triangle to the downside): If the price breaks here around 61.5, then we're heading down to around 56K approximately. ▶ 02:44
• 40k: Support (some people have bids at 40k): Also, some people bidding 40k down here. ▶ 03:53

Their own position: Holding. Bitcoin long at a slight profit currently. Entry is 62K. Current price is 63K.