Gold Just Sniffed Out The Fed's Biggest Print Ever (Bitcoin Is Next)
1 extracted signal · 1 resolved · 0 still active
Joe ConsortiIndependent analyst profile- Source published
- 11 Aug 2026, 02:00 UTC
- Recorded by Tahlil Plus
- 11 Aug 2026, 03:26 UTC
AI-generated source summary
The video discusses Bitcoin's price action in relation to its 200-day moving average and historical cycle performance. It highlights that Bitcoin has spent 75 days below its 10% power-law support line, a pattern seen in previous bear markets. The speaker notes that while Bitcoin has not yet achieved a new all-time high in this cycle, institutional accumulation is occurring, with Bitcoin expected to break above its 200-day moving average around $70,000. The analysis suggests that a move above $70,000 could indicate the start of a new bull market, with potential targets around $100,000-$126,000. The speaker also briefly touches upon the negative correlation between Bitcoin and gold, and the increasing inflow into Bitcoin ETFs, particularly from BlackRock, as signs of growing institutional interest. The current price of Bitcoin is cited around $63,876.80, with the failure bound for the bullish outlook set at $55,000.
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Joe Consorti
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