DANGER: All These Bitcoin Levels Will Be Taken Out…

Crypto Banter · 2 Jun 2026, 07:42 UTC · 36:59 · Watch on YouTube

As of 3 Nov 2026, 11:31 UTC. Updated hourly as new videos are read.

BTC near publication: $70,9544-hour candle close · 2 Jun 2026, 04:00 UTC · BTC/USDT

ETH near publication: $2,0044-hour candle close · 2 Jun 2026, 04:00 UTC · ETH/USDT

On Bitcoin

Changed since their last video: cycle went from leaning down to expecting down.

Next weeks (next 2–6 weeks): Leans down (timeframe is our reading): it's going to be 65K, then $60,000. But you have to gauge the momentum coming into those zones. Chances are you're probably going to go through both of those levels. ▶ 00:37
Next months (next 2–6 months): Leans down: expect it's down only, right? Down only probably for a few more months. This will be really brutal. ▶ 10:59
This cycle (next 6–18 months): Expects down (timeframe is our reading): crypto down only because it's cyclical. It's a bear market. We'll also highlight where we are in the bear market pretty much about 65% ▶ 01:41

If Bulls get closing candles back above 74K, which would make the breakdown a deviation/shakeout, then no target given (next weeks): Bulls must get closing candles back above 74K and then maybe just maybe you can call this a deviation, right? ▶ 15:27
If Bitcoin goes below 60K and puts in new lows while the momentum oscillator prints a higher low, then no target given (next weeks): open to the possibility if Bitcoin does go down below 60K, put in new lows and this is still trading potentially higher for higher low that could present an opportunity ▶ 08:40

74k: Resistance (level bulls must reclaim on closing candles to call the breakdown a deviation): Bulls must get closing candles back above 74K and then maybe just maybe you can call this a deviation, right? ▶ 15:27
70k: Support (losing 70K shifts sentiment quickly): What we said is as soon as you start to break below $70,000, the sentiment will shift very very very quickly ▶ 00:11
66k: Support (horizontal support): the main levels that I'm looking at over here are going to be $66,000 just in terms of horizontal support. ▶ 15:57
65k: Support (next major support target): Of course, spoiler alert straight off the bat, it's going to be 65K, then $60,000. ▶ 00:37
60k: Support (next major support target after 65K): Of course, spoiler alert straight off the bat, it's going to be 65K, then $60,000. ▶ 00:37
43–44k: Target (65% drawdown from the highs, based on prior bear markets): So 65% down would take Bitcoin to $43,000. 43 44 I think that's a pretty reasonable target. ▶ 12:25
30–32k: Target (75% drawdown from the highs, based on prior bear markets): And if it goes 75% down, you're looking at around 30K, right? 31 32K somewhere within that vicinity. ▶ 12:34

Their own position: Short. We did build a short position at that $80,000 level, right? And you can see we're about $25,000 in profit over there.

No change since their last video.

No view on any horizon.

If ETH fails to reclaim 2,140, then no target given (next weeks): Basically the level to reclaim for ETH is going to be 2,140. Otherwise, it's in trouble and just expect it's going to come down to these lows. ▶ 19:48

2.14k: Resistance (level ETH needs to reclaim): Basically the level to reclaim for ETH is going to be 2,140. Otherwise, it's in trouble and just expect it's going to come down to these lows. ▶ 19:48

Their own position: Not said.