EXTREME BITCOIN DANGER!!! (Warning Signal Flashing)

On Bitcoin

Changed since their last video: weeks went from expecting down to leaning down; months went from expecting down to leaning down.

Views

• Next weeks (next 2–6 weeks): Leans down (timeframe is our reading): It is right now going to be following a price target, which would be bringing Bitcoin maybe all the way down to about 67,000 ▶ 01:50 Said again while their call of 11 May 2026 was open, so it counts once; that call was right: 82.2k when said, 61.7k on 10 Jun 2026 (−24.9%).
• Next months (next 2–6 months): Leans down: most likely Bitcoin is still going to create a new low. It's going to be bottoming in Q4, maybe at the end of Q3, ▶ 05:25 Said again while their call of 5 Mar 2026 was open, so it counts once; that call was right: 72.5k when said, 61.4k on 3 Jul 2026 (−15.3%).
• This cycle (next 6–18 months): Leans down (timeframe is our reading): Bitcoin still following the path of the four-year cycle and it will believe it is going to be continuing to do so until proven otherwise. ▶ 11:37 Said again while their call of 9 Oct 2025 was open, so it counts once; that call was right: 122k when said, 82.4k on 9 Oct 2026 (−32.5%).

If this, then that

• If Bitcoin breaks below the bear flag pattern, then 45–60k (next months): bear flag pattern is the moment where Bitcoin is going to start to create a major drop towards the downside. And think about targets around the 45 to about $60,000. ▶ 05:01
• If Bitcoin breaks above 100k, then no target given (this cycle): we clearly need to see a break above 100k. That would be of course confirming for me the bear market is over. ▶ 11:47
• If Bitcoin breaks back above the 200 daily moving average, then no target given (next months): At the moment Bitcoin is going to be breaking back above this 200 daily moving average is going to be marking the beginning of a new rally ▶ 08:08

Levels named

• 100k: Resistance (a break above would confirm the bear market is over): we clearly need to see a break above 100k. ▶ 11:47
• 67k: Target (head and shoulders neckline break price target): which would be bringing Bitcoin maybe all the way down to about 67,000 ▶ 01:53
• 63k: Target (rising wedge price target where he locks in profits): this rising wedge pattern and ultimately the price target is sitting around 63,000 dollars. ▶ 02:51
• 47–62k: Target (region between the 200 and 350 weekly moving averages where he expects the bottom): below $62,000 and above $47,000 is where I think Bitcoin is going to be bottoming ▶ 05:45
• 55–57k: Target (lower side of range near major weekly moving averages, where he would double down on longs): I personally think Bitcoin can still likely come back towards 55 to about 57,000 dollars. ▶ 03:19

Their own position: Short. I remain to be in my short position.

Dates named

• ETF issuer selling pressure from BlackRock, undated: still the institutional selling pressure from BlackRock and other ETF issuers is still mounting higher and higher