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URGENT ⚠️ Stock Market Pullback Could Send Bitcoin Below $60k!!

Crypto Banter · · 30:26 · Watch on YouTube

As of . Updated hourly as new videos are read.

BTC near publication: $73,9384-hour candle close · 31 May 2026, 12:00 UTC · BTC/USDT

On Bitcoin

Changed since their last video: weeks moved sideways to down; months flipped up to down.

Views

  • Next weeks (next 2–6 weeks): Leans down: very likely in this next week or two start to see some redness in the SPX, right? It's very likely Bitcoin can lose that support and start to accelerate to the downside. ▶ 10:18
  • Next months (next 2–6 months): Leans down (timeframe is our reading): this is possibly indicating for me that we are in a bear flag and we have not even seen the accumulation phase just yet ▶ 17:16

If this, then that

  • If if Bitcoin starts to lose $60,000, brace for impact as lower supports come into play, then no target given (next months): once we start or at any point if we start to lose $60,000, we need to start bracing for impact now ▶ 18:30
  • If if Bitcoin drops to the 200-weekly and holds 60,000, the whole move was accumulation, then no target given (next months): If we drop to this 200-weekly and we hold 60,000, right, it's very likely we do this shift and we go. ▶ 21:20
  • If if Bitcoin starts losing 71k, things wake up quickly to the downside, then no target given (next weeks): if we don't wake up and we start losing 71, like things going to wake up quickly. ▶ 29:10

Levels named

  • 82k: Resistance (200-day moving average tagged and rejected): as you could see, we tagged it at 82,000 and we rejected. ▶ 06:55
  • 71k: Support (losing it would wake the market up to the downside): if we don't wake up and we start losing 71, like things going to wake up quickly. ▶ 29:10
  • 61k: Support (200-weekly moving average acts as a magnet and minimum pullback area): you can see that this is even sitting at 61,000. So, as a minimum type of move here of us pulling back here, like 61,000 is something that I'm really paying attention to. ▶ 16:48
  • 53k: Support (Other): The first support is here at 53,000. ▶ 18:42
  • 38–40k: Support (Other): The second support, right, is here at around 38 to 40,000. ▶ 18:42
  • 30k: Support (Other): And the third support's at 30,000. ▶ 18:58

Their own position: No position; would buy at 31–59k. I got some limit orders at 59,000. I have some limit orders at 51,000. I have more limit orders at 40,000 and I have more limit orders at 31,000.