WARNING: Huge Market Risk! [Bitcoin Entering Acceleration Phase]

On Bitcoin

No change since their last video.

Views

• Next days (next 1–7 days): Leans up (timeframe is our reading): TD sequential might give you a short-term bounce, but it's going to probably be met with a lower high and your best case scenario in my opinion is maybe a run up to about $85,000 ▶ 18:44
• Next weeks (next 2–6 weeks): Leans down (timeframe is our reading): which basically is telling me probably a little bit further downside. ▶ 16:38
• This cycle (next 6–18 months): Leans down: everything is playing out in a bear market just like previously, which means that you're probably going to go all the way down into September, October, November later on this year. ▶ 05:09

If this, then that

• If a small bounce that turns out to be just a lower high, then 28–39k (this cycle, their main case): if you come in aggressively, put in a small bounce and that's just a lower high, then base case becomes 28 to $39,000 for Bitcoin. ▶ 14:07

Levels named

• 85k: Target (liquidity situated overhead at the 85k region): We have liquidity as all situated overhead, $79,000, same places as we spoke about yesterday and a little bit more at that 85k region ▶ 18:59
• 79k: Resistance (liquidity situated overhead): We have liquidity as all situated overhead, $79,000, same places as we spoke about yesterday and a little bit more at that 85k region ▶ 18:59
• 72–74k: Resistance (underside resistance, risk of rejection): you actually need to be careful that you don't reject this as underside resistance at this like 72-74k region. ▶ 24:42
• 55–65k: Target (conservative bear flag target at 65k, aggressive target at 55k): So, it's going to be in this area over here between 55 and 65. The aggressive target is taken from the peak down to from the breakdown level down to 55k. ▶ 19:44
• 50k: Support (possible major bottom if strength found there): I'm open to the possibility that maybe if we slow down and find some strength in this 50k region that, you know, maybe we'll create a major bottom ▶ 13:39
• 28–39k: Target (playing out like prior bear markets): if you come in aggressively, put in a small bounce and that's just a lower high, then base case becomes 28 to $39,000 for Bitcoin. ▶ 14:07

Their own position: Not said.

On Ethereum

No change since their last video.

Views

• Next weeks (next 2–6 weeks): Leans down (timeframe is our reading): Can it bounce and reverse from here in no man's land? Possibly, but very, very unlikely. The most likely thing is that you're just going to have continuation down over here. ▶ 25:57

Levels named

• 1.5k: Target (next major support and range lows on the weekly): ETH is coming down to at least $1,500. And given the momentum of this move, it's probably going to have to go through that level before you start to deviate and get back above. ▶ 12:53

Their own position: Not said.