Bitcoin: A Date with Destiny

Hinzugefügt: 2026-06-04

[00:00:01]Hey everyone, and thanks for jumping back into the cryptoverse.

[00:00:04]Today, we're going to talk about Bitcoin and its upcoming date with destiny. If you guys like the content, make sure you subscribe to the channel, give the video a thumbs up, and also check out the sale on IntoTheCryptoverse Premium at intothecryptoverse.com.

[00:00:22]Let's go ahead and jump in. So, our date with destiny is coming up relatively soon.

[00:00:30]My guess is that it's going to occur as the band Heat Waves says it, a late night in the middle of June. So, if you're not familiar with the date with destiny, Bitcoin has a date with destiny every few years.

[00:00:47]And in this case, destiny is the 200-week moving average. So, you can see that Bitcoin has some dates with destiny every few years. Sometimes, like last cycle, we actually went below the 200-week moving average.

[00:01:07]But, my guess is that history will once again repeat itself, and Bitcoin will find itself having a date with destiny relatively soon.

[00:01:19]My guess, in the middle of June.

[00:01:22]Could happen sooner. Last cycle, you can see we actually fell below the 200-week moving average in June.

[00:01:30]June of 2022.

[00:01:32]In 2018, Bitcoin found a low in June. And then, what's interesting is it swept the February low. What's fascinating is that the February low in 2018 was at around $6,000. And the sweep of the low puts you just below it.

[00:01:51]Just below the February low.

[00:01:55]And it's very similar once again, except 10x higher. Instead of finding a low at 6,000, we found a low at 60,000 in February.

[00:02:05]And then we rallied into May and found a lower high in May. You can see May of 2018 and May of 2026.

[00:02:18]And the next low occurred in June.

[00:02:22]So, what does this suggest?

[00:02:25]What it suggests is that the next low, the next local low, will likely occur in June.

[00:02:33]It doesn't have to be a lower low. It could be.

[00:02:37]If it follows 2018, then it would be.

[00:02:40]But, it's all about identifying those windows of weakness and how this is likely to play out. One way in which it could play out is Bitcoin could come down here to the 200-week moving average, maybe wick below it and take out the low from February of 2026, and then try to hold that 200-week moving average going into the summer. There's always a possibility that that is the likely path. But, the point is is that everyone who's been so bold up on Bitcoin the last few months saying that this time was different, it just simply hasn't been. And in fact, if you look at how long this rally has occurred, even to today before we put in a new low, it's only been about 17 weeks. The one in 2018, it took about 20 weeks to put in a new low. In 2022, you can see at one point it took about 21 weeks to put in a new low. At another point in 2018, it took around 21 weeks to put in a new low. So, my guess is that Bitcoin will likely remain weak through part of June, probably find a low sometime in June, maybe early July.

[00:03:47]But, my guess would be probably in June.

[00:03:50]Find a little bit of strength in July. You can see it found some strength in July of 2022, and we found some strength in July of 2018.

[00:04:02]And then after the July rally, volatility died off until we got the final drop in the fourth quarter of the year.

[00:04:11]So, again, our date with destiny is coming up. Make sure you clear your schedule.

[00:04:18]Uh maybe buy some flowers.

[00:04:21]Um maybe go buy some flowers for your wife if if we're if I mean I know 95% of my audience is is male, or your girlfriend. Um but we got a we got a date with destiny coming up.

[00:04:33]And let's get ready for it. Thank you guys tuning in. Subscribe. Give the video a thumbs up. I'll see you guys next time.

[00:04:39]Bye.