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🚨Bitcoin Bouncing From the Cycle Low — Here's What Confirms It

Krown · · 2:13:22 · Watch on YouTube

As of . Updated hourly as new videos are read.

BTC near publication: $63,3724-hour candle close · 8 Jun 2026, 20:00 UTC · BTC/USDT

ETH near publication: $1,6854-hour candle close · 8 Jun 2026, 20:00 UTC · ETH/USDT

On Bitcoin

Changed since their last video: days flipped up to down; weeks went from expecting sideways to leaning sideways; cycle went from expecting up to leaning up.

Views

  • Next days (next 1–7 days): Leans down (timeframe is our reading): but very very short-term, Bitcoin does want to pull back here, play out those divergences. ▶ 53:39 The call was wrong: 63.4k when said, 66.6k on 15 Jun 2026 (+5.1%).
  • Next weeks (next 2–6 weeks): Sideways: The best way that this thing can bottom is just by going sideways probably for another month or two at these June lows. ▶ 30:17 Said again while their call of 4 Jun 2026 was open, so it counts once; that call was right: 63.9k when said, 62.9k on 4 Jul 2026 (−1.5%).
  • Next months (next 2–6 months): Leans down (timeframe is our reading): there is still risk to the downside and the risk to the downside is actually greater than the risk to the upside in the more medium-term. ▶ 30:27 Said again while their call of 27 Feb 2026 was open, so it counts once; that call was right: 66.1k when said, 60.8k on 27 Jun 2026 (−8.0%).
  • This cycle (next 6–18 months): Leans up (timeframe is our reading): And I still am looking at this as first and foremost the next likely macro low. ▶ 10:51 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 Closes below the February low, then 53–54k (next weeks): That is what opens up the floodgates for another, I would say, 10% move to the downside at least to about 53 54,000 bucks. ▶ 12:55
  • If Weekly close above 63k means the higher low is in and it is ready to go up, then no target given (next months): If you see the weekly close above 65, sorry, wait, 63 63 63 6360 6360. ▶ 39:28

Levels named

  • 71k: Resistance (Revan Ribbons midband; bearish bias while price is below it): As long as Bitcoin is below the Revan Ribbons midband, which is 71,000 bucks right now ▶ 24:18
  • 69–70k: Target (top side of the range if a local low is confirmed): probably back up to the top side of this range, which is going to be more or less like 69 to 70,000 bucks. ▶ 24:02
  • 69k: Resistance, expected to turn price back (big wall to the upside even in the most bullish scenario): I don't think Bitcoin gets even past like 69,000 bucks anytime soon. That's going to be a big wall to the upside ▶ 14:54
  • 64–66k: Resistance, expected to turn price back (21 EMA target on the 12-hour, realistic top of the rally): my target is going to be the 21 EMA. So, anywhere between 64 to 66,000 bucks is where I'm looking for on a realistic top of this rally. ▶ 27:37

Their own position: Bought; would buy at 59–65k. I bought low 60s. I bought a lot between 65 and about 59.

On Ethereum

No change since their last video.

Views

  • Next days (next 1–7 days): Leans up (timeframe is our reading): in the short term, do you try some upside here? It's certainly possible. ▶ 2:02:12 The call was right: 1.68k when said, 1.82k on 15 Jun 2026 (+8.1%).

Levels named

  • 1.5k: Their view is wrong past this (last week's low; a close below opens a great decline): if you even just close below last week's low at 1500, get ready for the great the great decline ▶ 2:02:37
  • 1.38k: Their view is wrong past this (April 2025 low; coming below would be disastrous bearishness): simply just coming below the April 2025 low of 1384. ▶ 2:05:35

Their own position: Not said.

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