Bitcoin's Bounce Fading — Retest On. Stocks Setting Up to Crack.
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BTC near publication: $61,1324-hour candle close · 9 Jun 2026, 16:00 UTC · BTC/USDT
On Bitcoin
Changed since their last video: days went from leaning down to expecting down; weeks moved sideways to up; cycle moved up to waiting.
Views
- Next days (next 1–7 days): Expects down (timeframe is our reading):
with the way that things are looking, I do expect a little bit of a spike lower.
▶ 03:45 Said again while their call of 8 Jun 2026 was open, so it counts once; that call was wrong: 63.4k when said, 66.6k on 15 Jun 2026 (+5.1%). - Next weeks (next 2–6 weeks): Leans up:
by end of June, I do think whatever downside we get, it likely settles back above 60,000 bucks and it does reclaim that number.
▶ 08:10 The call was right: 61.1k when said, 62.9k on 9 Jul 2026 (+2.8%). - This cycle (next 6–18 months): Waiting on a level (timeframe is our reading):
if Bitcoin can reclaim like 6,9500 or so. That would start to look pretty good to me.
▶ 08:29
If this, then that
- If Bitcoin reclaims the quarter's high / about 69,500, then no target given (this cycle):
if Bitcoin can reclaim like 6,9500 or so. That would start to look pretty good to me. at least I I would personally be okay with calling at least a major low and likely big upside price action
▶ 08:29 - If Big wick well below the 200 simple and the February low, then popping back above about $60,000 intra week or by end of month, then no target given (this cycle, by by end of month):
well below the 200 simple, well below that previous low from February of this year and then intra week or at least, you know, by end of month popping back above about $60,000.
▶ 07:00
Levels named
- 69.6k: Resistance (midband of the Reven Ribbons indicator; below it pressure stays to the downside):
as long as we are below the midband on the Revan ribbons indicator which is now crawling its way down to 69600
▶ 04:14 - 60k: Support (expects price to settle back above and reclaim it by end of June):
by end of June, I do think whatever downside we get, it likely settles back above 60,000 bucks and it does reclaim that number.
▶ 08:10 - 57–58k: Target (bottom end of the blue box / lower band on the Reven Ribbons indicator):
that basically gives us a sort of interim target between about 57,000 and about 58 and change.
▶ 06:07
Their own position: No position. So, as of right now, I've not taken this position. I want to see Bitcoin come down a little bit further first cuz I want better premiums.
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