BITCOIN WILL DO THIS IN JUNE!!!!?? [watch ASAP!!!!!!]

Added: 2026-06-02

[00:00:00]Welcome everyone, and thank you so much for joining in this very, very interesting scenarios unfolding right now here in price action of Bitcoin. As we can see, guys, since it's 1st of June, we now have a new price target according to our leading indicator.

[00:00:15]Bullish price target, bearish price target, and in this video, we are going to find out in which direction the price of Bitcoin will be possibly heading. So, please, before I do that, I want you guys to do me a favor and destroy that like button, and let's try to reach at least 1,000 like in this video. Thank you very much. Now, first thing's first, since this here is our leading indicator, which gives us information beforehand, what can we see? June CPR is considered an ascending CPR. I mean, this top center line is higher than the previous month CPR, and we know ascending CPR usually gets formed when the price is in an uptrend. So, is this going to result in a bullish continuation for Bitcoin for the month of June? I mean, Bitcoin, if you go back and look at this for the month of May, what happened when the price of Bitcoin opened the month, the 1st of May, without touching any of these trend lines or above this trend line, Bitcoin got attracted towards the first bullish target, which rejected us couple of time. You can see here, right? We got rejected, and then Bitcoin headed towards the CPR trend line, because I was very clear with you guys, in more than 90% of cases, Bitcoin always tend to touch these trend lines before choosing a direction. And when the price was choosing a direction without touching any of these trend line, I did warn you guys. Despite this bullishness, what could happen before ending the month of May is that we could come for a retest on this trend line and only after that choose a direction. We came around this trend line and now even the month of June you can see if you look at it carefully the top central and the bottom CPR line in between $75,000 $77,600 Bitcoin is choosing a direction without touching any of this trend line. Despite this being an ascending CPR now, what could happen here? Just like from the month of May, we started the month of a bit we got attracted towards this R1 line, right? Then came for a retest, but if you open the month below it, if you look at this June CPR it is clearly above the monthly body close. So, what does this mean?

[00:02:43]Now, there is a very high probability despite forming an ascending CPR that Bitcoin getting attracted towards the first bearish target. If it would have opened here, then R1 would have been our first bullish target since we are below the CPR line.

[00:03:00]Now, this S1 will be looked as our upcoming target the first bearish target around $69,700.

[00:03:09]Then I'm actually expecting a move towards this June month CPR. Yes, you heard that correctly guys. Despite forming an ascending CPR for the month of June, first I'm actually expecting the price of Bitcoin to slowly get attracted towards this S1 line. Test the support around the $69,700 and only after that to show a continuation back towards this June CPR.

[00:03:33]And why? Because price, if you look at it using the rising trend line, it is still showing weakness. I mean, we did bounce after testing the support from this rising trend line, but this looks like failing at the moment. I mean, Bitcoin looks like losing its grip around this rising trend line which could be very very bearish because here when Bitcoin lost the support from this rising trend line, what followed? You can see a move a drop of 28% here. We lost the support from this rising trend line. We saw a drop of around 33%. So if we lose this support, you can see there is a very high probability of price testing this S1 line before we look for another opportunity and not just only the price action even the indicators.

[00:04:22]You can see despite RSI clearly heading towards the oversold area, MACD remains bearish. Yes, guys. This is a clear bearish MACD cross. Indicators aren't turning bullish at the moment. So which clearly points us that there is a probability there's a very high probability that Bitcoin could go lower than where we are at the moment because you know, a weekly timeframe Bitcoin body closed the weekly candle close also clearly points us that we might be starting the week below the previous body close which is also a sign of weakness. And if this support here gets broken, you can see guys the next area of confluence in a bigger picture actually looks very very bearish. A move in between $50,000 before finding bottom before starting with the new impulsive move because we know Bitcoin losing the support around this key trend line also means that we parallelly will be following this dead cat bounce trading pattern. A dead cat bounce is a bearish continuation pattern and we are expecting Bitcoin to show further more weakness. And in that case this S1 line will be our first bearish target before we look for another opportunity. But in a bigger picture despite forming an ascending CPI, you can see Bitcoin could go much lower. So this is a very very important scenarios for us. I mean, Bitcoin must do its absolute best to hold its ground around this previous CPR line around 72,500, but failing to do that means you can see the S1 line for the month of June will be attracting us and in bigger picture even up to 50,000 to 60,000 dollar because that's the next price actually according to this weekly chart and even according to this daily get bounce pattern along with this ascending channel or rising channel pattern. Rising channel ascending channel is a bearish continuation pattern and losing the support around this key trend line.

[00:06:29]What I just showed you here, right?

[00:06:31]Losing the support around this key trend line around the previous month CPR means a continuation which could look somehow like this a very bearish continuation around 50,000 to 60,000 dollar, but if you say I'm a noob, you just said Bitcoin after testing this S1 line around 69,700 will go back towards the June CPR, right? And now you are showing us a move which is expected to go even lower. What I'm trying to pinpoint is that if Bitcoin shows weakness and gets attracted towards this S1 line, I'm actually expecting a bounce to test the June CPR and then a continuation of a downtrend. Yes, guys, this is what I'm trying to pinpoint here. Despite forming an ascending CPR which only gets formed during uptrend, Bitcoin, right? After a move like this, if it gets attracted back towards the June CPR, it will be looked as a temporary rally just like what happened here, right? You can see a temporary rally before heading towards the original direction. So, a very similar move is expected to play in this case as well. So, this is what I was trying to pinpoint here. So, please guys, please do not over leverage yourself. Use proper risk management strategy, proper position sizing.

[00:07:50]Otherwise, you can see Bitcoin for the coming days is expected to be very, very volatile. So, this were some of the quick update that I wanted to share with you in this video. If you enjoyed my work, then please guys, do not hesitate to destroy that like button. And to those individual watching this for the first time to hit that subscribe button.

[00:08:08]And by saying this, I'm signing out until next time.

[00:08:11]Bye-bye.