BLOODBATH: How Much Worse Could It Get For Markets? [Real Talk] 2026-11-06 08:46

On Bitcoin

Changed since their last video: weeks flipped down to up; months moved up to waiting.

Views

• Next weeks (next 2–6 weeks): Leans up (timeframe is our reading): So I would say that the daily is leading into the higher low. The week is leading also into a higher low. ▶ 31:03
• Next months (next 2–6 months): Waiting on 82k (timeframe is our reading): The one rule is get to $82,000 and close that and then we'll treat this as high probability of being a macro higher low, ▶ 22:56

If this, then that

• If Bitcoin holds about $70,000 by the end of this month, then no target given (next weeks, by by the end of this month): If Bitcoin can hold about $70,000, probably by the end of this month, that is pretty bullish. ▶ 22:22
• If monthly fails to close above 77K, then no target given (next months): So the monthly must close above 77. We have a long way to go. If it doesn't, you are effectively confirming that you're going to put the B2C wave in. ▶ 31:18
• If monthly closes under 70K, then no target given (next months): You're closing under 70K. It's cooked. It becomes really, really problematic, right? Then it becomes high probability you're going to take out this low, ▶ 31:35
• If price gets to about $81,200, then no target given (next months): So if you now get to like $81,200, you can start to say, okay, the worst is over here. ▶ 23:17

Levels named

• 81.9k: Resistance (key level that needed a closing candle above it): We wanted that level taken out, $81,927. ▶ 00:31
• 77k: Resistance (weekly and monthly closes above it needed to be safe): You need these weeklies to be closing above, like call it 77 to be safe. So the monthly must close above 77. ▶ 31:14
• 77k: Target (liquidity stacked overhead): Liquidity stacked overhead. So a little bit of a dead cat bounce, maybe to 77K or shouldn't say dead cat bounce. ▶ 36:14
• 75k: Support (liquidity on the downside allows a sweep of the yellow line): If you go for that liquidity at 75, you've done it. You've swept the yellow line, even if it's by a few cents. ▶ 36:38
• 68–72k: Support (zone the speaker is looking at to scale in): price comes down over here to like, you know, 72 to 68 is kind of where I'd be looking at. ▶ 48:28
• 70.5k: Support (holding the trend line): If you're going to limit order in hard and you start to find support at about 70,500 holding this trend line, you know, that could be great. ▶ 28:11
• 70k: Support (holding it after the market unwind is bullish): If Bitcoin can hold about $70,000, probably by the end of this month, that is pretty bullish. ▶ 22:22
• 68k: Support (golden pocket): You could even sweep that and go to 68K to tag the golden pocket. ▶ 27:04
• 40k: Target (0.786 retracement where past cycles bottomed; worst-case scenario): And you could find that Bitcoin's trading at like $40,000. That's one of the more worst-case scenarios based on this monthly outlook. ▶ 25:26

Their own position: Holding. And the other trade is where we're scaling into that Bitcoin position over there.

On Ethereum

No change since their last video.

No view on any horizon.

Levels named

• 2–2.2k: Support (Other): We're looking for support between the low 2000s and up to about $2,200. ▶ 38:32

Their own position: Not said.

Dates named

• Possible weekend geopolitical escalation in the Middle East causing a flush, undated: Maybe if Trump had to escalate anything, which they often do on the weekends, geopolitically within the Middle East, that could cause that flush for the swing failure pattern that we want to see.