$SONEIUM
StableSnapshot Window: 2026-07-15 19:40 UTC · ← Back to Crypto Overview
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#Bitcoin $BTC update 15 JULY 2026 [Spoken audio]: Bitcoin is $65,300 today is Wednesday, July 15th, 2026. And you know, my last update, I mentioned that I thought we're gonna get some resistance at the 50 day EMA here, the orange line. And yesterday we did, we got a little bit of resistance. We got up there, got rejected and went down to 64-4. And then today we've broken through. And this is on the heels of positive news with CPI and PPI both cooling down significantly. So could it be that we're just gonna break through here and we're not gonna struggle between the two? It's a little too early to tell. I want to give scenarios for both, you know, if we're going to get rejected here, because this could very easily be a WIC. You know, it could be that we're just going to close the day below this 50-day EMA and then range between the two, the 20-day EMA and the 50-day EMA for a little bit while we see stochastic reset and get to back to oversold territory. But if we see a daily close above the 50-day EMA here, I am expecting to move up to the 100-day EMA and possibly a wick above that $69,000 level that I've been talking about a key, key level that if we were to break through that, then that's a really good sign, but I do think we're gonna get rejected there and struggle along, crab along for a bit, a bit longer before we eventually make our way up. And as far as whether or not this is the bottom or not, you know, $58,000, $57,000, I'm reserving judgment on that until we break through the 200 day moving average. That's at 73,000 and coming down in my opinion, you know, there's it really could be in any direction. I know a lot of people are expecting Bitcoin to bottom in October of this year. I am not one of those people. I think it's going to get front run in a major way. So whether or not between now and September, so I don't know, we go lower. I'm not sure, but on the other side of the 200 day moving average, I am calling bottom, whether that's, you know, after maybe, whether this was the bottom or whether we go lower on the other side of the 200-day moving average, that is my target. We break through that, then in my opinion, the bottom's in. But anyway, let's see where this daily close happens. Things are looking decent, and if so, then hey, it doesn't look like there's much resistance for the next few thousand dollars here for Bitcoin, and so things are looking good. Anyway, that's all I have for today. I'll see you in another video.
