DANGER: All These Bitcoin Levels Will Be Taken Out…
Crypto Banter · · 36:59 · Watch on YouTube
As of . 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.
Views
- 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 this, then that
- 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
Levels named
- 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.
On Ethereum
No change since their last video.
No view on any horizon.
If this, then that
- 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
Levels named
- 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.