TRIGGERED: RISK OFF FOR U.S. STOCK MARKET!
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BTC near publication: $62,6894-hour candle close · 11 Jun 2026, 04:00 UTC · BTC/USDT
On Bitcoin
Changed since their last video: days flipped down to up; weeks flipped up to down; months flipped up to down.
Views
- Next days (next 1–7 days): Leans up:
I think it it may attempt higher you know going into the weekend price action tomorrow so Friday and then into Saturday Sunday
▶ 25:30 - Next weeks (next 2–6 weeks): Leans down (timeframe is our reading):
I find it much more likely that your best case scenario is you pause and chop around here but before finally dropping one more time.
▶ 22:36 - Next months (next 2–6 months): Leans down (timeframe is our reading):
I think that focusing on something closer to 60 60 to 70% is probably fair game and that I'll remind you takes you into that 40K region which is part of the targets.
▶ 23:12
If this, then that
- If Bitcoin spikes up toward 69-70K into the inverse fair value gap, which is a trap, then no target given (next days):
So there is still a possibility that this spikes up to like 69 70K and that's where you want to be aware of the trap, right?
▶ 20:54
Levels named
- 69–70k: Resistance (inverse fair value gap and bearish order block paired with lower highs):
So there is still a possibility that this spikes up to like 69 70K and that's where you want to be aware of the trap, right?
▶ 20:54 - 40k: Target (a 60-70% drawdown is fair given past bear market lows of 77-88%):
I think that focusing on something closer to 60 60 to 70% is probably fair game and that I'll remind you takes you into that 40K region which is part of the targets.
▶ 23:12
Their own position: No position. We've been predominantly in cash for the majority of this year, and it's been a phenomenal trade.
Dates named
- Bear moon on June 15 on 15 Jun 2026:
wrought with massive resistance coming into the dotted line being the date of the bear moon on the 15th of June.