Plausible path:
Bitcoin forms a low in June (like it did in June 2018 and June 2022).
BTC rallies in July
SPX correction later in year which allows Bitcoin to finally bottom (most likely October)
Four year cycle wins again
BTCActivation price $67,315.14Direction LongType DirectionalTimeframe Mid
Max Favorable +0.9%Max Adverse −14.1%Opportunity 0.66Time 0.00Magnitude 0.66Score 0.19
Trying to predict short-term price action is hard, as I generally consider the short-term moves akin to a random walk, or geometric brownian motion.
..but..
if i had to guess, I would guess that BTC tags $70k soon, then gets a small bounce.
But after the bounce is over (likely a few days to a week or so), I do think BTC will head back to the lows from February 2026.
If I'm wrong about BTC revisiting the lows from February, I will quote tweet this and simply say "I was wrong."
And then I will let every bull dunk away.
BTCActivation price $70,118.42Direction LongType ConditionalTrigger Retest 70000Timeframe Short
Max Favorable +0.1%Max Adverse −15.7%Opportunity 0.17Time 0.00Magnitude 0.17Score 0.05
Trying to predict short-term price action is hard, as I generally consider the short-term moves akin to a random walk, or geometric brownian motion.
..but..
if i had to guess, I would guess that BTC tags $70k soon, then gets a small bounce.
But after the bounce is over (likely a few days to a week or so), I do think BTC will head back to the lows from February 2026.
If I'm wrong about BTC revisiting the lows from February, I will quote tweet this and simply say "I was wrong."
And then I will let every bull dunk away.
BTCActivation price $73,540Direction ShortType DirectionalTimeframe Mid
Max Favorable +21.4%Max Adverse −0.0%Opportunity 0.91Time 1.00Magnitude 0.91Score 0.92
Bitcoin Weakness Window https://t.co/l6cIUrTJRW
BTCActivation price $73,597.35Direction ShortType DirectionalTimeframe Mid
Max Favorable +21.0%Max Adverse −1.2%Opportunity 0.92Time 0.94Magnitude 0.92Score 0.89
Bitcoin: Dubious Speculation
In this video we talk about Bitcoin nearing the 200D SMA.
In 2018/2022, the 200D SMA was the local high.
In 2014/2019, BTC went slightly above.
In 2014/2018/2022, the lower high occurred around the 0.382 Fib retracement, which is around $85k.
But in 2018 and 2022 that corresponded to the 200D SMA.
Tough market to get right, but my guess is that a lower high is eventually formed and then BTC forms a major low in October 2026.
BTCActivation price $81,350Direction LongType DirectionalTimeframe Mid
Max Favorable +0.4%Max Adverse −27.3%Opportunity 0.36Time 0.00Magnitude 0.36Score 0.10