BITCOIN ❌ DEATHCROSS! I Will Open New Trades When...

Added: 2026-05-28

[00:00:00]Hi guys, I made it back home and there is something absolutely insane developing right now on the Bitcoin chart that I have to show you because I know where Bitcoin is going next and from there I going to open my next 100 to $250,000 trade. Don't miss out on that and let's go.

[00:00:28]Hi guys, welcome back. Today we're going to start actually with the oil chart and that has a really specific reason because as you can see here over the course of today and also yesterday oil started to drop here massively to the downside from $9460 roughly all the way down here to $8781 approximately. And from there we had a bounce which is not really surprising because if I go here a little bit more into the past then you see here there there was a week really close to that and here that whole area uh from last month. So yeah that week was not really surprising uh that we got here um a bearish engulfing candle to finish that correction and now go slightly back here to the upside. So now the question is why did we get here such a steady decline in the oil price? Because Trump came out and said, "Hey, we are so close to get a deal over the line with Iran.

[00:01:30]They have of he has of of course made some crazy demands to get this done." Uh but it looks promising for now. Hence why the oil price is declining and that of course is then in in return putting pressure buy pressure on risk on assets and also on the on the dollar to keep falling to the downside. We got here yesterday rejected again from the 99.29 level and also today that candle is not looking tremendously bullish but I must admit so here is potentially if I would go into a lower time frame we would see it even better. Here is potentially a falling wedge, broadening wedge forming here, which is of course not good and could lead to a breakout to the upside. And the top side would be here 99.56% uh points if that would be um yeah occurring here before the weekend or early next week. So we're going to find out by latest Monday, Tuesday um in the upcoming week. Then when we're looking at the CME chart, so we have filled now the CME gap from last Friday and are breaking below that which is never a good sign. Uh when this is happening because usually what you want is that we come down here. Um let me contract this a little bit.

[00:02:55]So here come down fill the gap and get a bounce from here and continue u the upwards trajectory after the gap is filled. So here we are not only going back to the low from today, we are trying to break it right now. So and this is also the low that we put in over the weekend after um yeah when we basically started forming that CME gap.

[00:03:17]So sorry guys. Um I don't believe that we go that much lower. I'm going to show you now the exact level that I think that we're going to go and from where I going to start dollar cost averaging back into a position. Uh, but there might be a little bit more downside before we actually turn around and go back to the upside. And I'm going to show you this here on this daily chart um that you already know here with the bare flag um that might be still playing out if we would lose $73,929.

[00:03:48]And this is the lowest that I see for now here in the short term. Where are we going to go and then bounce from there back to the upside and go to the top side of that bare flag here which is currently at $80,443 approximately. So remember this is a moving target. The longer it takes to get there um the higher the price will be. But we are climbing here like u $100 $200 per day or something. Yeah, $200 per day. So we're climbing here for every day that we're not uh touching the top. And the same also goes here for the bottom, you know. So that upward sloping support line. Um the longer it takes to touch it again, the higher the price would be when we come back down there.

[00:04:32]So but again, we're not there yet. I see here first that this big uh support area that we're currently trading in is going to hold and we're going to get another bounce from there here uh to the upside into the lower $80,000 range. And why do I believe that with so much conviction?

[00:04:48]Because when we look here at the funding rates, you see that the funding rates are now turning positive. This is the first green candle in god knows how long. So I have to go back here. The last one was in October actually. So the last one was in October.

[00:05:06]So and just to show you when we got here a green candle, we also had here a move to the downside and then we ran back up.

[00:05:14]I expect here something similar to be happening right now. Um that we are coming a little bit lower as I just mentioned with that green candle and then we're going to get continuation to the upside. So expect something like this here potentially and then here all the way up. The first indication for that will be really really easy to spot because we only need to break above the 50 moving average here on the 12-hourly chart first at $76,624.

[00:05:53]And the next one would be around $78,000.

[00:05:56]and then of course getting above the 200 moving average. So here if we see in the next coming hours a sharp turnaround in price that we go back above the 50 moving average then we will continue this trajectory that the 50 moving average already put in and then we're going to get here by Monday on the 1st of June there we're going to get a golden cross and Bitcoin will be trading between $79,500 and $80,000 somewhere around uh these levels when we're putting in that golden cross because usually when we get the golden cross just like over here price pumps before we are getting that golden cross and then just continues with a small pullback and then continues going higher. So this is what I also expect over here if we are putting in a golden cross by um yeah next week at some point there is another uh level that I'm looking at but first I want to tell you from where I going to take my next position so I'm looking at 75,000 and I have mentioned that before 75,000 74,500 74,000 and then 73 uh what is this here um 560 roughly these are the four levels that are going to use to dollar cost average into a new position. And don't forget guys, so we going to start here um the challenge really really soon on Alpha X where we're going to trade $500 into $10,000.

[00:07:21]Uh there is a link in the description below. If you want to be part of the challenge, sign up there, deposit $500 and then we going to um yeah turn this really quickly into a big amount like I did this here over on weeks, you know.

[00:07:36]So now the account is sitting at half a million dollars. I'm going to show you here really quickly how long that took me, you know, so and that you understand how we are playing here. So that was from let's do the 26 that should be fine. So look at the equity curve the asset performance. So here there was 61, you know, there was $125,000.

[00:08:07]So but I started with $50,000.

[00:08:10]So and from $50,000 here I made then um $11,300 something like that. And then you see that steady climb and just you see the date 27 here of March. Now we have 27 of May, two months later, and I made 10x on this account. And I did it with only trades that are publicly showed on YouTube or were in my private Telegram channel. So if you want to be part of the Telegram channel, sign up on weeks or on buy and use then the link in the um below the buy and the um and the weeks link um and go through the verification process. You're going to get then access here to this telegram channel where I send signals before you see them here on YouTube. And if you have any issues with the verification bot and get this message here, just choose any of these exchanges that the bot will show you. Click directly on the button, sign up there, and then rinse and repeat that whole verification process. The links in my description are the only ones where you get access to my signals.

[00:09:17]You know, don't fall for any scams. I also don't reach out to you personally.

[00:09:20]I never do that. also not my team.

[00:09:22]Nobody you nobody at AM crypto will go and proactively write you, you know, because there were some people again falling for scams. So be aware of that.

[00:09:31]Now the liquidation heat map is also clearly showing us that we are not going much lower and I think I mentioned that also yesterday. I just going to show it to you guys here again. So we are here right now roughly at $75,000 as we can see. So here all the way down to $74,200 potentially. And then we have here a high concentration where um longs for sure going to get protected and bulls are stepping in and turning this around.

[00:09:59]We're going to get a small short squeeze around $76,400 if we tap into this. But I think it will be shortlived and might be just another fake out to the upside because there's not so much liquidity between 76,000 and um yeah 77,700 to propel us all the way up to 78,000 or even $80,000. So we need here another catalyst that will help us um to get up there. And for that we might need to go a little bit lower so that we find the momentum that we need to push then all the way past $80,000. So another indication that we are ready for turning around here is if we close the next two three 4hourly candles above this low here and we are not going below $74,250 approximately. So if we are not breaking this then here could be a massive W pattern right now be shaping up and if that's the case so let's be conservative about this then the target would be also here past $80,000 $81,100 approximately and exactly for that reason I going to prepare my next trades. So here on this 12-hourly chart, uh you're going to find a major major indication that Bitcoin is going to $80,000 and that is this downward sloping resistance line. Once that line is broken, all hell will break loose and Bitcoin going to pump like crazy to $82 $83,000. But in the meantime, watch here now the downward sloping trend line. If that gets convincingly broken with a bearish retest, we will come down here into that green box between 74,000 to $73,000 approximately. And there's also a little bit momentum still left here on the stoastic RSI to go lower, but not much. So, we're talking here about another 24 hours, actually 22 hours, and then we should bottom out here with the bearish momentum on the stoastic RSI and start turning around. The RSI is already trying to make a turn here and the MACD is not like tremendously bearish, you know, it's not insane bearish uh right now. Um printing a small candle. So, this can also easily turn around. uh if we get a small a small push over the edge, you know, where Bitcoin basically goes here back to the upside, goes here into the former support area of $76,000 to $77,000 and reclaims it and pushes then into higher levels. So, as I said, I'm still not concerned that we're going back like $60,000 or something like that. But maybe another $1,000 is what we need to to see here to the downside before we go back to the upside. I going to update you guys in my Telegram channel when I take a trade. Um I will most likely go and set up some limit orders right now.

[00:13:02]Uh and yeah, and then I just see what happens, you know. So, and something else that I want to say for everybody laughing at me always in the comments, oh, you're wrong again. You're losing.

[00:13:13]As you can see, I'm not losing. you know, you can go back the last two months to every single video. All the trades that I took were shared live, you know, on YouTube in my videos. So, I'm the one laughing actually, you know. So, and thank you for the comments anyway. I don't really care, you know. So, I made 10x. How much did you make? You know, I started with 50K, I've now 500,000.

[00:13:33]Where's your $500,000?

[00:13:35]Think about that, guys. I'm going to see you again later. Don't forget, smash the like button, hit the subscribe button, hit the notification bell, and I see you tomorrow. Bye-bye.