Iran Closed the World's Oil Chokepoint — and BTC & Stocks Went UP. I'm Buying 2 Stocks.
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BTC near publication: $62,7494-hour candle close · 11 Jun 2026, 16:00 UTC · BTC/USDT
On Bitcoin
Changed since their last video: days flipped down to up; weeks flipped up to down; cycle moved waiting to up.
Views
- Next days (next 1–7 days): Leans up:
yes, short short term, Bitcoin probably goes a little bit higher, but you can see that this rally is unlikely to be
▶ 02:30 The call was a draw: 62.7k when said, 62.4k on 18 Jun 2026 (−0.6%), under the 1% it takes to count. - Next weeks (next 2–6 weeks): Leans down (timeframe is our reading):
but I do think that that likely is accompanied by one more stab to the downside.
▶ 02:56 Said again while their call of 29 May 2026 was open, so it counts once; that call was right: 73.8k when said, 59.9k on 28 Jun 2026 (−18.9%). - This cycle (next 6–18 months): Leans up (timeframe is our reading):
I do think Bitcoin is very very very very close putting in the next major low maybe even a macro low
▶ 02:49 Said again while their call of 8 Oct 2025 was open, so it counts once; that call was wrong: 122.9k when said, 82.5k on 8 Oct 2026 (−32.9%).
If this, then that
- If Bitcoin comes back down below the 6-hour low at 62300, confirming the hidden bearish divergence, then no target given (next weeks):
the second that Bitcoin comes back down below this 6-hour low at 62300 it will be confirmed
▶ 02:08 - If A quick stab down to as low as 56,500 followed by a sharp rally back above about 60,000 would prompt his next trade (buying more BTC and selling puts), then no target given (next weeks, by Hopefully this week or maybe or maybe next week):
maybe as low as like 56,500 and then a very sharp rally to follow that intrae back above about 60,000 bucks. If I see something like that, I'm very happy to put on my next trade.
▶ 06:33
Levels named
- 64k: Resistance, expected to turn price back (Green moving average near the last high from June 8; expects the short-term rally to be rejected there):
be wary at that 64 just above 64,000 bucks um, region because that's kind of where I'd be expecting a rejection.
▶ 12:18 - 62.3k: Support (A break below the 6-hour low confirms hidden bearish divergence):
the second that Bitcoin comes back down below this 6-hour low at 62300 it will be confirmed
▶ 02:08 - 58–58.3k: Target (Next level down on the weekly HPDR if Bitcoin continues lower):
the next level to the downside would be about 58,000 bucks and uh it's about 58200 58300.
▶ 05:37 - 56.4k: Support (10-day 200 SMA, a basing point for previous macro lows):
we can see the 200 simp around 57,000 or sorry 56,400.
▶ 05:51
Their own position: Bought, no leverage. I like Bitcoin at these levels. I bought Bitcoin for the long term here. Not on leverage, no, nothing like that.