🚨Bitcoin Hovers Below $60K as S&P 500 Prints Best Quarter in 6 Years

On Bitcoin

Changed since their last video: days moved waiting to down; months went from leaning down to expecting down; cycle went from leaning up to expecting up.

Views

• Next days (next 1–7 days): Leans down: if there if there's going to be a real downside breakdown uh this week kind of expected to occur, you know, throughout the rest of this week ▶ 11:27 Said again while their call of 24 Jun 2026 was open, so it counts once; that call was right: 62.9k when said, 58.6k on 1 Jul 2026 (−6.8%).
• Next weeks (next 2–6 weeks): Leans down: and you know, can that bleed into the, you know, into the next week or two? Yeah, certainly. ▶ 11:36 Said again while their call of 29 Jun 2026 was open, so it counts once; that call was wrong: 60.4k when said, 63.6k on 29 Jul 2026 (+5.2%).
• Next months (next 2–6 months): Expects down (timeframe is our reading): wouldn't be surprised to see a bounce to like 63 or so or whatever. But ultimately, I'm still have to remain bearish. ▶ 07:17 The call was wrong: 58.4k when said, 80.6k on 28 Oct 2026 (+38.0%).
• This cycle (next 6–18 months): Expects up: do I think at some point in the next 10 years, Bitcoin will be higher than the current all-time high of 125? Yes. ▶ 1:20:28 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 closes below the 58,650 bottom of the current range, then no target given (next days): If Bitcoin does close below that, then I look for Bitcoin to continue to trend towards that next band um on these dotted areas right here. And that's going to be a target of about 56,850 ▶ 12:24

Levels named

• 64k: Resistance (Revan Ribbons midband; below it only short-term bounces): the midband right here is 64,000 bucks. can't get anything more than just short-term bouncy sort of behavior for Bitcoin as long as you're below there. ▶ 11:52
• 62.5k: Resistance (0.618 level as shorter-term resistance): that would show the 618 level as kind of like the current, I guess, shorter term resistance at 62,500. ▶ 13:27
• 61.3k: Resistance (top of the current short-term range (Revan Ribbons lower band 1)): That would give us a range between 61300 to the upside versus about 6 uh sorry 58 um sorry 58 650 to the downside. ▶ 12:14
• 58.6k: Support (bottom of the current short-term range (Revan Ribbons lower band)): That would give us a range between 61300 to the upside versus about 6 uh sorry 58 um sorry 58 650 to the downside. ▶ 12:14
• 56.6k: Support (10-day 200 simple moving average, area for the next major bounce): it would be looking at the 10day 200 simp right here. That would be this guy right here. Yeah, officially at 56600 right now. ▶ 39:15
• 55.1k: Support (0.786 level of the 10-day HPDR, confluence with lower band): of which the 786 level I do think would be a major area of interest. That would be 55,100. ▶ 13:06

Their own position: Not said.

Dates named

• Monthly, quarterly and six-month candle closes for Bitcoin (June 30) on 30 Jun 2026: we're going to be getting the monthly, the bimonthly, the quarterly, and the semiannual closure for traditional markets and Bitcoin simultaneously.