In this video I break down why Bitcoin’s recent rejection from key resistance could signal the next low in this cycle. I walk through the four‑year cycle outlook, compare the current fractal to 2022, and analyze the monthly MACD bearish cross for bear‑market confirmation. You’ll also get a detailed look at micro‑support zones around $63K‑$65K and the potential for a 35‑40% further downside, plus a best‑case scenario that could push Bitcoin to $75K‑$77K.
We examine the macro timing model, Elliott Wave implications, and the monthly momentum indicators that could hint at a bottom forming. Then I shift to the shorter‑term chart to pinpoint critical support and resistance levels, explaining how a flat‑correction B wave or a five‑wave decline might unfold. By the end you’ll have a clear view of the price ranges to watch and what each signal means for Bitcoin’s near‑term outlook. video by More Crypto Online.
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Bitcoin (BTC) is trading at approximately $64,881 (approximately €56,167) on June 17, 2026, dropping roughly 2.56% over the last 24 hours. The market is experiencing heightened volatility and sideways consolidation as investors brace for a monumental macroeconomic shift.
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Bitcoin Insights Today
-Federal Reserve Overhaul: The Federal Open Market Committee (FOMC) is holding its first interest-rate decision under the newly appointed Fed Chair Kevin Warsh. While a rate hold at 3.50%–3.75% is universally anticipated, prediction markets show a sharp climb to a 50.5% probability for at least one rate hike later in 2026. Investors are pulling back into safety ahead of Warsh's upcoming inflation guidance and the release of the Fed's dot plot.
-Derivatives Volatility: Traders on the Deribit derivatives exchange are bracing for a massive $10.6 billion options expiry on June 26. Due to the downward price movements throughout June, roughly 80% ($8.6 billion) of these active options positions are currently out-of-the-money and facing the risk of expiring worthless, creating strong local resistance at the $66,000 to $70,000 range.
-Liquidity Competitors: The cryptocurrency landscape is competing with the public equity markets for available risk capital. Following its recent initial public offering, SpaceX has surged past a $2.5 trillion market cap—making it nearly double the size of the entire Bitcoin market and absorbing substantial institutional liquidity.
-Institutional Flow Shifts: Capital is rotating progressively into select altcoins following targeted institutional projections, such as Standard Chartered setting a long-term $100 price target for Uniswap (UNI), slightly dampening Bitcoin's immediate buy-side momentum.
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