cryptoBitcoin DROPS Below $69K Again! Is The Bottom In??
The Wolf Of All Streets, guest Mike McGlone · · 1:05:02 · Watch on YouTube
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BTC near publication: $68,9294-hour candle close · 9 Feb 2026, 12:00 UTC · BTC/USDT
On Bitcoin
Guest Mike McGlone · not counted as The Wolf Of All Streets' view.
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- This cycle (next 6–18 months): Expects down (timeframe is our reading):
So, that's where we are now. We're in the bear market. Don't fight it.
▶ 28:45
Levels named
- 72k: Resistance (first spot where the market gets a bit overdone to the upside):
But 72's the first spot it gets back a little bit overdone again.
▶ 29:30 - 64k: Support (a good place to cover shorts and test the trade):
Yeah, 64 four's a great place to cover shorts and test the trade.
▶ 29:28 - 10k: Target (his long-standing bearish thesis for Bitcoin):
My favorite McGloneism is 10K Bitcoin, not a big deal.
▶ 42:08
Their own position: Not said.