Are The Bitcoin ETFs Still Extraordinary?
Checkonchain · · 35:35 · Watch on YouTube
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BTC near publication: $67,0804-hour candle close · 7 Mar 2026, 20:00 UTC · BTC/USDT
On Bitcoin
Changed since their last video: months moved down to sideways.
Views
- Next months (next 2–6 months): Sideways:
this is the chop consolidation range, more or less where I expect the price to hang out for some time, right? Probably on the order of months.
▶ 30:02 The call was right: 67.1k when said, 62.8k on 5 Jul 2026 (−6.4%).
Levels named
- 80k: Resistance (large cluster of call open interest in IBIT options, near the true market mean and the broken bear flag):
These large clusters of open interest, ones here at about 80k, right? Somewhere around the true market mean, 78, but also the breakdown of the previous bear flag.
▶ 29:38 - 60k: Support (large cluster of put open interest at an obvious local low):
and there's a ton of put options down here at 60k.
▶ 29:51
Their own position: Not said.