WARNING: Bitcoin Bulls Are In Danger Here! [Here’s Why]

On Bitcoin

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

Views

• Next days (next 1–7 days): Leans down (timeframe is our reading): it it it has a great possibility that price will come down a bit further ▶ 09:13
• Next months (next 2–6 months): Leans down: probably following the trajectory down into this point makes sense, which would take you into September, October for major bottom. ▶ 21:33

If this, then that

• If Daily candle close below 60,000 confirms the breakdown, then no target given (next weeks): if you want to confirm breakdown, just call it a daily candle close um below 60,000. If you close a daily candle below 60,000, that's it. ▶ 26:16
• If Trading below the 54,000 realized price can easily take BTC to 40,000, then 40k (next months): which means that if you're trading at it at 54,000, if you're trading below that, that can easily take you to $40,000. ▶ 18:26

Levels named

• 70k: Resistance (bounce target into the fair value gap): continuation into the fair value gap uh towards 70k and could it still happen guys it can still happen ▶ 27:39
• 60k: Support (daily close below confirms breakdown): if you want to confirm breakdown, just call it a daily candle close um below 60,000. If you close a daily candle below 60,000, that's it. ▶ 26:16
• 54k: Support (realized price; BTC has traded at or below it in past bear markets): if you look at the the realized price for Bitcoin, that's currently coming in at $54,000, ▶ 18:20
• 48–50k: Support (zone to deploy cash for a potential bounce): if you drop drop all the way down to like 48k 50k there's nothing you can do at that point other than deploy cash for a potential bounce off of that zone ▶ 27:02
• 40k: Target (trading below the realized price can easily take price to 40,000): which means that if you're trading at it at 54,000, if you're trading below that, that can easily take you to $40,000. ▶ 18:26
• 30k: Target (final reaccumulation phase entry area): This is where we look for that entry. The closer to 30K in my opinion, the better because then I can buy much more Bitcoin. ▶ 19:34

Their own position: Short. I'm still short on that. I'm also still short on uh Bitcoin, right?

Dates named

• US CPI data release on 10 Jun 2026: you have um the CPI data which is also going to be coming out later on today of course being the 10th of June.
• SpaceX IPO on 12 Jun 2026: on Friday, the 12th of June, which is my birthday. You better wish me happy birthday on on Friday. Um is also the SpaceX IPO that's going to be coming out.