the bottom for bitcoin is NOT in (do not buy)

2 Jun 2026 · 5 min
5:09

In this solo YouTube commentary, the host of The Art of Crypto walks viewers through a short‑term trading outlook for Bitcoin on June 2, 2026. He begins by referencing his recent series warning of a major Bitcoin dump and reminds the audience of past successful short calls. He then establishes the current market context: a clear downtrend with daily bias toward the downside, a price trajectory heading toward the $65,000 level, and a noticeable rise in volatility as measured by the average true range (ATR) – daily candle ranges have expanded from roughly $2,000 to $3,400. Using this backdrop, he outlines a concrete intraday trade on the one‑hour chart. The plan hinges on a candle closing below a specific order‑block level within the next 24 minutes, which would create a new bearish order block. He specifies entry, stop‑loss (just above the block), and a 2R profit target, estimating that the day’s price swing could still accommodate $1‑2k moves. The host emphasizes the importance of following the trend, managing risk, and capitalising on volatility. He concludes by urging viewers to keep shorting, promises to post live trade updates on X, and briefly mentions a recent USD/CAD trade as an example of his live‑trade reporting.

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