Bitcoin Just Dropped $3,000 in Two Sessions

On Bitcoin

Changed since their last video: cycle moved sideways to up.

Views

• Next days (next 1–7 days): Leans up: there are some signals that actually do suggest Bitcoin's going to probably try a little bit of a short-term rally attempt here. ▶ 01:25 The call was a draw: 76.5k when said, 76.5k on 26 May 2026 (−0.0%), under the 1% it takes to count.
• Next weeks (next 2–6 weeks): Expects down: I do have to maintain a short-term and medium-term bearish bias, looking for downside prices. ▶ 06:10 Said again while their call of 28 Apr 2026 was open, so it counts once; that call was right: 76.1k when said, 72.9k on 28 May 2026 (−4.1%).
• This cycle (next 6–18 months): Leans up (timeframe is our reading): I'm looking at this as likely the macro low, and this is the range that's forming on the low, ▶ 13:40 Said again while their call of 8 Oct 2025 was open, so it counts once; that call was wrong: 122.9k when said, 82.5k on 8 Oct 2026 (−32.9%).

If this, then that

• If Bitcoin reclaims last week's high at about 82,000 or the daily 200 simple moving average, then 95–100k (next months): I could turn into a mega bull, like a mega mega bull looking for I mean realistic like 95 to 100,000 bucks honestly. If Bitcoin were to reclaim last week's high at about 82,000 bucks ▶ 10:38

Levels named

• 84–85k: Resistance (high side of the higher time frame range): Higher term timeframe uh, high or high side of the range, about 84, 85,000 bucks. ▶ 04:34
• 82k: Their view is wrong past this (reclaiming last week's high would flip the speaker bullish): If Bitcoin were to reclaim last week's high at about 82,000 bucks or especially the 200 simple right here on the daily as well. ▶ 10:47
• 79.7k: Resistance (daily mid band on the revenue ribbons indicator; bearish while price is below it): It's actually, if you want to be super exact, it's 79,721 as of today. ▶ 02:40
• 79k: Target (filling the gap is the best case bounce): I think, you know, filling the gap is probably best case scenario right here at about 79,000 bucks is, you know, perhaps in order here intraweek. ▶ 02:14
• 76.3k: Support (0.382 fib retracement, first downside target): first major one, I mean, this is like full, full, full [ __ ] hopium is a 382 fib right here, 76,325. ▶ 06:24
• 74.2k: Support (50% retracement level): if that one does fail, you got big ones around the 50% retracement level, which is 74 150 or so. ▶ 06:39
• 65–70k: Target (coast-to-coast move if the fib levels fail): you got somewhere around about 65,000 bucks or 70,000 bucks in that pocket there would make a lot of sense. ▶ 06:52
• 60–65k: Support (macro buy signals near the February low; likely macro low): If Bitcoin comes all the way down to like 60 or 65,000 bucks, hey, that's fine. ▶ 13:30
• 61.8k: Support (low side of the range at the 200 simple moving average): Low side of the range, wherever that white 200 simple moving average is, which is coming up from about 61,800 or so. ▶ 04:38

Their own position: Short. And now I'm just short 30 uh 30 of the 81,000 call strikes.