cryptoBitcoin Faces A $75B SpaceX Drain Today – Largest IPO In History
The Wolf Of All Streets · · Watch on YouTube
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BTC near publication: $63,7664-hour candle close · 12 Jun 2026, 12:00 UTC · BTC/USDT
On Bitcoin
No change since their last video.
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- This cycle (next 6–18 months): Leans up (timeframe is our reading):
I've been telling you about my case for Bitcoin bottoming, not necessarily Bitcoin bottom.
▶ 07:55 Said again while their call of 17 Oct 2025 was open, so it counts once; that call was wrong: 106.5k when said, 81.6k on 17 Oct 2026 (−23.3%).
Levels named
- 62k: Support (weekly 200 MA has been tested only a few times and marked past bottoms):
every time we've broken the 50 MA uh on the weekly chart, we've gone to the 200. Back then, it was at 55. Right now it's risen to 62 right here.
▶ 08:37 - 45k: Support, expected to hold (Other):
I don't think we're going to go below 45,000 this year unless Elon Musk blows us up.
▶ 10:04
Their own position: Holding. I buy Bitcoin more than I buy anything else.
Dates named
- SpaceX IPO liquidity drain on 12 Jun 2026:
you know that I've definitely been a bit concerned uh about where the liquidity for all of this is going to come from today.