🚨 Bitcoin Is Crashing Again... Here's Why
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BTC near publication: $59,9564-hour candle close · 29 Jun 2026, 12:00 UTC · BTC/USDT
On Bitcoin
Changed since their last video: weeks moved waiting to down; months moved sideways to up.
Views
- Next weeks (next 2–6 weeks): Leans down (timeframe is our reading):
probably going to flirt around this region for a little bit. I do imagine we'll come down and you know, effectively meet that 56 at least.
▶ 06:19 The call was wrong: 60k when said, 64.5k on 29 Jul 2026 (+7.6%). - Next months (next 2–6 months): Leans up:
So, give it a few more months uh and I think that we have potential to be seeing something along these lines where we get a little bit of a reversal.
▶ 09:52 Said again while their call of 9 Mar 2026 was open, so it counts once; that call was a draw: 67.8k when said, 63.4k on 7 Jul 2026 (−6.4%), under the 6.5% it takes to count.
Levels named
- 56k: Target (first major target from the Fibonacci gold pocket retracement box):
I do imagine we'll come down and you know, effectively meet that 56 at least.
▶ 06:21
Their own position: No position. I've not purchased any substantial Bitcoin other than making short-term trades uh throughout this entire, you know, 70 to 126,000 back here.
Dates named
- Bitcoin ETF outflows, undated:
so, you know, over a billion on you know, billion and a half basically dollars worth of selling has occurred in Bitcoin ETFs over the last week or so.