THIS IS DANGEROUS FOR BITCOIN... (The Bubble Continues)

On Bitcoin

Changed since their last video: days flipped down to up; weeks flipped up to down.

Views

• Next days (next 1–7 days): Leans up (timeframe is our reading): for me, I won't be surprised that we're going to be still seeing a slight little push be towards the upside before potentially rolling over. ▶ 05:50 The call was wrong: 76.7k when said, 71k on 2 Jun 2026 (−7.4%).
• Next weeks (next 2–6 weeks): Expects down (timeframe is our reading): most likely that Bitcoin is still going to turn great another turn over here. So, yeah, that is also exactly what I will be personally expecting. ▶ 09:29 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%).

If this, then that

• If Bitcoin breaks above the downward sloping resistance line, then 79k (next days): I do think that the moment we're going to be breaking above this level right here, we could be seeing a surge back towards that $79,000 ▶ 05:14

Levels named

• 79k: Resistance (liquidation heat map shows a lot of liquidity at this level): there's also a rank at 79,000 US dollars laying quite a ton of liquidity. ▶ 05:47
• 77.4k: Target (big chunk of short liquidations on Hyperliquid that price may grab first): there is a big chunk of Bitcoin uh short liquidations laying around 77.4k here. ▶ 09:55

Their own position: Short. I will still continue to hold my short position open since I personally do think it is worth the risk to hold this position open