BITCOIN Just Broke Down After FOMC Meeting — Buy the Dip or Wait?. BTC/ETH/ALTCOINS

Added: 2026-05-06

[00:00:00]Hello guys and welcome back to the channel. Today I'm going to give a short-term analysis on Bitcoin, Ethereum, and also alcoins. Is this rally over and now we're going to go to a new low or there is a chance still we're going to go with Bitcoin to like 90 or $95,000? If you're new to the channel, please subscribe. We post a video every single day. And this video is brought to you by our partner Blofin, the best nonvasces.

[00:00:25]There is now a promotion up to $10,000 in futures bonus to do whatever you want. What you got to do? Sign up with my description. There is a link in my description. Blue thing, guys. Highly recommended. But now, what's going on?

[00:00:38]Bitcoin went to from $79,500.

[00:00:42]I could see all over the internet people saying we were going to 85, 90K, 95K.

[00:00:48]And I warn you, if you've been following me for a while, I've been warning you that Bitcoin was about to go and retrace. People, as always, don't listen to me because I have 300 views on my videos. So, if more people would have listened to me and they could have done and go short, they could have make lots of money. But of course, you probably prefer to follow those influencers who told you that we were going to 100K. And let me tell you something even more guys. In our VIP group, we went and shorted the exact top with Bitcoin in the beginning of the week. Yesterday, we made down this plan here that we were going down to this area. We went and longed Bitcoin as per my call down to here. Two days ago, one of my amazing pro members car went and also open a long guys. We are making results after results and always always always everything is documented unlike so many other communities. So if you really want to participate and be one of the top crypto trading communities and also if you are an investor of course in the world guys come and join our amazing VIP group. We have eight professional trader with trading calls and guidance. We have crypto database, crypto trading ideas.

[00:01:52]We have a 50 hours educational course.

[00:01:54]The time is now if you want to start to learn how to trade properly and to make money. But otherwise, if you want to keep losing and listen to those who told you we were going to the moon, be my guest. But if you want to participate guys, there's a link in uh in my description as well. But now, what is the situation guys? The reason why we went down is first of all as I was explaining my amazing VIP members is that uh if you were observing properly here from if we can say a volutric point of view right the market makers wanted those lower prices of BTC but I'm going to show you what we need to look for right now from a fundamental point of view the situation of BTC but also um we can say crypto and stocks in general right is still a little bit we can say uncertain. Number one is because of the of course the Iran uh US uh you know situation right now which is still a little bit uncertain and that's one of the reason why um we can say that institution don't like to put money whenever there is uncertainty. Second of all also yesterday we had Jeron Powell his last day finally bye-bye Jeron Powell who with the Fed they did not cut interest rates and whenever you don't cut interest rates he also said that they are scared to lower interest rates because of this Iran situation that it's going to you know push up again inflation but as you always guys it's all BS I'm telling you from a institutional point of view market makers are making the plan already but what we need to look for right now so I'm going to show you sort away from Bitcoin. What to look for? You can see that right now at the moment we are still sitting above these important volutric areas which is now around $75,900.

[00:03:36]If today we're going to go go and close below $76,000 is going to be a quite of a high chance that Bitcoin is going to go and revisit this next area area called value area high down to this area here around $73,000.

[00:03:53]in my we can say like you know observing all the charts and talking about history in my opinion and is non financial advice that's what I'm going to be expecting with BTC is that I could be expecting a rebound if you're going to go into an area between probably 72,000 $73,000 up like that or if we're going to be losing this level then Bitcoin could be falling down again to this next volumetric area. So the expectation is going to be that either we're going to see a short-term rebound up to here or even lower and then we're going to go and pump if of course if you want to know exactly the point that I'm going to go and open a long uh and also like my take profits and all of that in the VIP we're going to explain uh all of that.

[00:04:35]So shorter term that is going to be my expectation. But what about into like a mediumterm scenario? As I told you so many times is the bottom already in for BTC we don't know. But let me tell you something is that if we're going to go and revisit let's say for example we are unable to hold this level of support from here. Okay we're going to be unable to hold $69,000 to $70,000. going to be a very high chance BTC is going to go and break and probably go and revisit the previous low around $62,000 or even lower around 57,000 and then we're going to see a crazy blast off to the upside.

[00:05:16]So my expectation is going to be from a medium-term shortterm a little bit of volatility but minium term we should be able to go and revisit those targets in the next few months. Why? because of the crypto structure bill because of a resolution of the Iran to US war which suddenly is going to come of course and then we should be seeing something good.

[00:05:38]Now another reason why I'm a little bit shortterm bearish you know I don't like the situation is the fact that as I explained so many times the stock market is still at um alltime highs. So stock market the S&P 500 right now is basically not even moving. You can see that for example from here we're still above this area. And if you actually observe how many gaps we have down to here with the S&P 500 is going to be more likely that we're going to be seeing a potential correction to go down to here before of course continuing higher. And if this is going to happen then of course Bitcoin is going to have some uh selling pressure which is going to also confirm the fact that we could be going down to this area. The other thing that we have to pay attention guys as I told you so many times is the USDT dominance. How many times I told you we are at a support be careful now because we're going to see a fake out and look what happened. And the reason why sometimes you know we have this accuracy when it comes to to trading is because if you are trained in we can say from an institutional level as a high frequency trader you saw what happened already into proper trading floors guys those thing that they don't trick you because you work with different metrics than the typical influencer that tell you support resistance and and Fibonacci retracement you know volumes never lie guys. So at the moment you can see that if we are going to go and break this resistance from here on the US dominance right which has an inverse correlation with Bitcoin we're going to go and pump up to here. Okay Bitcoin is could be having another drop to like 69,000 to even $70,000. However, pay attention that if we're going to have a breakdown from here we're going to be losing this level around 7.15% is going to be quite likely we're going to go and continue lower. And my target guys as always uh the expectation for this US dominance is going to be that um we can say short term maybe shortterm we're going to pump up to here and then medium-term we're going to go and break the structure which means that Bitcoin is going to uh pump like crazy. Now what about alcoins and what about Ethereum guys? Alcoins and Ethereum in my opinion that not looking fantastic. You can see that still we had a failed we can say breakout from a volutric point of view.

[00:08:02]So the expectation would have been that Ethereum would have gone and have a candle close or even two or three candles uh closing above here and then if that would have happened then I could have expected Ethereum to go and continue higher to the next level volumetric level of uh we can say resistance up to here at 3,500. But at the same time guys, we have now gone back into the range which means that if Bitcoin is going to lose steam and it's going to go down to 73,000 72,000 then the expectation is going to be Ethereum to go and retest this line around 2,000 or even as lower as 1,800 which in my opinion is going to be a great buying opportunity. And also from like a medium-term point of view there is also like an expectation to go down to here have a sweet to the downside and then we're going to go and blast off again.

[00:08:50]what is going to be the catalyst in my opinion is going to be the new fed share or the crypto um structure build. So the expectation with Ethereum is going to be the following. If you're going to go down to here, I'm probably going to going to be a buyer because I'm expecting of course uh way higher prices in the future. And also guys, the alcoin situation very very similar to what I show you with ETH. We still flirting into a range. We haven't broken down. So unless we don't see lots of power from Bitcoin to go to like 90 95K and also the Bitcoin dominance dropping then alcoins right now is going to be much more likely we're going to go and retest those lower level have a shift down to here. Altcoins are going to be losing value and then we're going to be able to go and pump like crazy because what we want we want buying volume coming in to be able to break this range. But right now guys, we're still flirting like you know around here and there is not like a confirmation of a proper breakout. So the situation guys still a little bit uncertain. And again guys I'm not saying that from now it's impossible that we you know we're not going to go and pump like crazy. Bitcoin also is sitting to like a we can say an important level uh of potential support. And what could be happening? What could be happening? We could be going up to here and then to continue higher. But what I'm trying to say is that looking at potential opportunities to go long or to go short to find the right setup always guys find the extreme and also the areas of liquidity where you can see that okay in that area there is a high chance I can go and make my trade successful. People usually overtrade. I can tell you in my community guys we trade a lot but this time the last probably week or two we were very cautious. We brought home simple and small trade but we were profitable and that's the most important thing guys in this game is do not lose money. Okay. So with this guys I would like to finish today and of course let's see how things um are going to unfold but as always shortterm a little bit cautious but medium-term I think the expectation is going to be to see higher prices and a very bullish outcome for BTC. Otherwise, thank you so much guys for watching and I'm going to see you in the next video.