MAJOR WARNING SIGN FLASHING RIGHT NOW FOR BITCOIN AND DOGECOIN!? BEAR MARKET CRASH STARTING OR TRAP?

Added: 2026-06-04

[00:00:00]Good morning to the viewers around the globe. Welcome to another blockchain debriefing.

[00:00:08]And we begin with our liquidation map.

[00:00:12]And we can see that shorts are piling in the lower we go. Now, in every video for the last couple of weeks, I've made the case that at some point, I do think it's a bear market, so we will take these lower levels out, but there's still a possibility that we come up here.

[00:00:31]Now, there's always that puncher's chance we have another spike, right? But we're starting to get to the point where the momentum is turning bearish. Now, if you remember before I move on from that, actually, well, you can see there's still $5 billion at around 78,000. So, a spike back up there would liquidate a lot of money.

[00:00:54]But, the reason why I'm hesitant now is because as I was about to mention, the momentum is starting to turn bearish. Now, what I mean by that is over the last month or so, a lot of people were hoping maybe it's a super cycle and the bottom is in and all this interesting stuff, and we've basically said the same exact thing every single day.

[00:01:23]If we're going up, now is the time.

[00:01:26]Stock RSI is doing what it always does when we're bullish.

[00:01:32]The last three times we've done this, you can see the moves up were monstrous.

[00:01:38]And that was our max bullish, but you'll notice I definitely stopped or at least pulled back saying max bullish because it's not max bullish anymore.

[00:01:48]And the reason why this is so critical, and again, I know it's annoying hearing me say it every day, but we're starting to see it come into fruition where we're about to cross to the downside.

[00:02:01]Now, it doesn't mean we have to crash right now, but you can see the last three times we did cross to the downside, we did have a 30% move to the downside. So, I would have to argue that again, heading into the summer or I keep saying heading into the summer, coming out of the summer, that should be where the big move down is.

[00:02:30]All right?

[00:02:32]Could it be earlier? Sure, but I can't make predictions based on what I think, right? I'm using the information that's on the screen. And you can see that based on this momentum shift, the move down is around 30%, and the last two times we've got this cross, we actually just sat here for a little while. You can see you got your first cross in December, and we didn't actually go down until February. You can see we got our first cross in July, second cross, sorry, but we didn't actually go down until October.

[00:03:11]So, just because it's crossing down doesn't mean we're going to crash. By all means, we could, but we also could just sit here. Now, peanut gallery will say he's saying it could go up, it could go down. No, I'm telling you that at some point in the next couple months, we're going down.

[00:03:27]Uh the chance for us to go up is really starting to pass here.

[00:03:32]And there's more information in the background going on.

[00:03:36]The biggest one that I notice is Bitcoin Cash is just nuking to the downside.

[00:03:42]Something that has held up exceptionally well is finally giving way, which is why people that are holding old coins, your coin might not be doing that poorly, but that doesn't mean that it's going to stay that way. You can see Bitcoin Cash has finally pulled back, breaking the low that formed back in March and February and even last March is where we're at now. So, that means that anytime Bitcoin breaking down will break the low for Bitcoin Cash.

[00:04:14]Obviously, this is not a Bitcoin Cash video, but we're looking for signs of weakness throughout the market and the fact that one of the strongest coins finally broke down is a signal of weakness. Now, Ethereum is also getting very close to the low.

[00:04:31]It is worth pointing out that Bitcoin going back to the low will actually most likely trigger Ethereum to break the low. This is just from the live stream.

[00:04:41]Don't pay attention to that. But, the reality is also the momentum is as we said back in January, curling down on the 5-day time frame.

[00:04:56]Now, the last time this happened was back in January.

[00:05:01]The time before that was actually back in October, November of 2022 and back in August of 2022 and also back in April of 2022.

[00:05:14]Now, the reason why this is so important is in 2022, we did just break down each time. In 2018, we actually did not.

[00:05:25]We went down, but we never broke down.

[00:05:28]As in, we went down, but we didn't actually capitulate. So, this move down may not necessarily trigger the capitulation.

[00:05:40]That still might be much further along down the line.

[00:05:44]But, it is important to note that at some point with this momentum turning bearish, it's going to start triggering the larger stock RSIs to turn bearish, and that will send us down into capitulation.

[00:06:01]So, unfortunately, I don't have the exact day, but I am sticking with the summer projection. I think the middle of the summer should potentially be where the capitulation not necessarily happens, but begins, if you will.

[00:06:16]Is it possible that we come down to the low and then sit there and then break the low in the summer? Absolutely.

[00:06:23]Again, I don't know exactly what it's going to look like, but our chance to be bullish has essentially just expired. Could there still be another spike?

[00:06:33]That's like saying, "Sure, could it rain tomorrow?"

[00:06:36]It's not forecasted, but it's always possible. But, what I am saying is very probable is we're coming to these lower levels, probably by the end of the year, and Doge is essentially suffering the same fate as as I've I tried to give the bulls the benefit of the doubt.

[00:06:56]Every time we've gotten this stock RSI move, there was a large rally.

[00:07:03]We just got it, and there was nothing.

[00:07:07]So, I would exercise extreme caution here as there is a possibility we are beginning our descent. Doesn't mean we have to be, but again, I'm giving it personally until the summer time, which is about a month month or so away now, before I'm actually expecting the breakdown to occur. That doesn't mean I'm going to be right. Maybe it breaks down now, but I'm trying to give the moon boys some type of a grasp of straws because the momentum is up here, but I'm trying to stress the point here that every time the momentum turns to the downside from where it is now, you can see the end result was not pretty. So, I would say exercise caution.

[00:07:55]We're having many, many confirmation signals that we are still in a bear market. We've talked about them every single day with the stock market being one of the biggest signals.

[00:08:06]The fact that it just went parabolic and Bitcoin is just not budging. Again, it doesn't mean we necessarily have to break down now, but as we head into the summer, we're going to be watching for consolidation.

[00:08:22]Again, I think consolidation is also extremely bearish because it's going to set the stock RSI up for a move down, which is what I said in the beginning of the video where even though we consolidated, the momentum moved lower preceding the crash. So, that's essentially what we're looking for now. We're looking for the momentum to again, there's always that puncher's chance. There's one more spike, but heading into the end of the year and more specifically coming out of the summer, I think we're going to see the stock RSI roll over like this because it always does. Even in bull markets, it does. But, we're not necessarily in a bull market because the move up that we just had was the smallest move up that we've had since 2022 where the stock RSI did what it just did, which was go from oversold to overbought. So, again, you could always have that puncher's chance that there is one more spike left. This is not a TA channel, so I'm not going to sit here drawing a I'm sure this bear flag is still all over the place. Like, I'm not going to sit here telling you guys, look, the bear flag is still holding. There's always that possibility we have one more spike.

[00:09:36]There is, right? It's there, but again, we're focusing on the primary trend, which is it is potentially it's still a bear market, at least in my opinion. And the reason why I think that's the case is because we just sat through what is bull market bullish on the momentum, but the price is back to where it was when we were oversold, which I can't say every time that's happened because this is the first time it's ever happened, but the only two times that are similar would be COVID-19, which I really can't even say cuz it it never hit overbought.

[00:10:13]And I guess I'd have to go back to yeah, right here.

[00:10:20]2015, where we made another low, or at least went down to the low.

[00:10:25]So, I can't really say we can remain bullish, but maybe there's another spike, right? Maybe a tweet comes out and we just spike up, but the reality is the macro bear market is still making itself present, and we're seeing that with the momentum, and I tried to tell you not tried to not tried to tell you, but like I tried to display to you all the information, and now we're seeing it potentially play out. So, as always, stay safe.

[00:10:53]None of this is financial advice.