These 4 Things Terrify Me About Bitcoin Right Now [URGENT!!]

On Bitcoin

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

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• Next weeks (next 2–6 weeks): Expects down (timeframe is our reading): my base case now is that we break down to the bottom of this wedge which will take us down to like 71,500 or 72,000. ▶ 05:07
• This cycle (next 6–18 months): Leans down (timeframe is our reading): this bear market is starting to resemble all the other bear markets. ▶ 01:16

If this, then that

• If Nvidia reports bad earnings, S&P falls and starts a spiral, then 45–71k (next weeks): Bitcoin goes down with it. Where does Bitcoin go? First stop, bottom of the wedge, 71,000. We break down below this wedge. I would say 45,000 is my next target, unfortunately. ▶ 18:52
• If STRC depegs from 100 and the market panics that Saylor stops buying, then no target given (next weeks): And if the market starts panicking that Saylor is no longer going to be buying, then you know what is going to happen? That is going to push the price of Bitcoin down. ▶ 27:25

Levels named

• 71.5–72k: Target (bottom of the bear flag/wedge): my base case now is that we break down to the bottom of this wedge which will take us down to like 71,500 or 72,000. ▶ 05:07
• 45k: Target (next target if wedge breaks after bad Nvidia earnings): We break down below this wedge. I would say 45,000 is my next target, unfortunately. ▶ 18:57

Their own position: Not said.

Dates named

• Nvidia earnings on 20 May 2026: remember that tomorrow, tomorrow, Wednesday, is Nvidia earnings, right? We are getting the Nvidia earnings.