crypto🚨Micron's Record Earnings Couldn't Save the AI Trade — and Bitcoin's at Extreme Fear.
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BTC near publication: $59,4134-hour candle close · 26 Jun 2026, 12:00 UTC · BTC/USDT
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- Next days (next 1–7 days): Leans down:
So I would hazard a guess that if you're going to see continuation to any of these more nasty downside targets that's a next week thing into first week of July
▶ 25:17 Said again while their call of 24 Jun 2026 was open, so it counts once; that call was right: 62.9k when said, 58.6k on 1 Jul 2026 (−6.8%).
If this, then that
- If Bitcoin confirms a local low by reclaiming yesterday's high on a daily close, then 64k (next days, by before end of month):
Well that would be a nice nice rally back up at least towards the yellow 21 EMA which is right now about 64,000 bucks If that can happen before end of month
▶ 19:59 - If Bitcoin reclaims the Reven Ribbons midbands, then 70k (next weeks):
of course if and when Bitcoin reclaims the midbands you're going to hear me turn around my tune to being short-term medium-term bullish just overall looking for a move back up towards $70,000
▶ 22:08 - If Bitcoin is still holding 60,000 on a weekly closing basis after the expected continuation window passes, then no target given (next weeks, by next week into first week of July):
if Bitcoin's still hanging on to 60,000 bucks on a weekly closing basis I'm going to really start to lean into this at least being another major low with another major bounce
▶ 25:26
Levels named
- 70k: Target (move back up if Bitcoin reclaims the Reven Ribbons midbands):
of course if and when Bitcoin reclaims the midbands you're going to hear me turn around my tune to being short-term medium-term bullish just overall looking for a move back up towards $70,000
▶ 22:08 - 64k: Target (yellow 21 EMA is the rally target if a local low confirms):
Well that would be a nice nice rally back up at least towards the yellow 21 EMA which is right now about 64,000 bucks If that can happen before end of month
▶ 19:59 - 62–62.1k: Resistance (first lower band of the Reven Ribbons on CME; reclaiming it would confirm a low):
Or if we're going off the Rebon ribbons the gray dots right here in that first lower band at 62,000 uh 62,100 on on CME
▶ 21:59 - 61k: Resistance (weekly level on the HPDR indicator; reclaiming it would be the earliest sign of a reversal):
If it can reclaim the 86 level at 61,000 bucks against against Sunday's closure that starts a little bit look look a little bit more compelling to me as well
▶ 28:23 - 60k: Support (Bitcoin holding 60,000 into the weekly close keeps the setup from looking bad):
somewhat holding on to 60,000 bucks As long as above 60,000 bucks you know I I don't really hate this that much
▶ 19:05 - 42–45k: Target (steelman bear case: six-month 21 EMA with bearish divergence drives):
my general target is going to be the yellow 21 21 EMA And that is currently 42,000 bucks I imagine on the next uh you know on the next tick which we get next week it's going to be like 44 44 45ish
▶ 27:35
Their own position: No position. Am I taking shorts in this area Personally no I'm happy to watch and wait for the next easy trade