❌ BITCOIN: ARE YOU SEEING THIS?????❌ [don't fall for this trap!!!!!]

Added: 2026-05-15

[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 the price of Bitcoin reacted to the core PPI report for the month of May 2026. What I mean by that I mean the PPI shock by numbers headline PPI increased by 1.4% 4% month over month, vastly exceeding the 0.5% forecast. Year-over-year, PPI hit 6.0%, the highest level in three and a half years since late 2022. Core PPI, excluding food and energy jumped 1.0% month over month, signaling that inflation is broad-based and not just tied to volatile sector. A significant driver of this spike was 15.6% surge in gasoline prices and 7.8% rise in energy goods largely due to the escalating geopolitical tension in the Middle East affecting global supply chains. But what does this mean for Bitcoin? I mean yes bitcoin was facing resistance around 8384,000. We were aware that since couple of weeks I mean I showed you that in a weekly despite breaking out of this falling channel a bullish continuation pattern. Bitcoin also have to overcome the resistance which we have right now from this Williams alligator indicator.

[00:01:25]You can see this trend lines will be doing its absolute best to hold the price around 83 or below $838 $84,000.

[00:01:32]Along with this Williams alligator indicator we had our own crypto and buy indicator acting as resistance. So I was very clear with you guys. Bitcoin must jump above this key trend line otherwise Bitcoin could come for a retest around $7475,000.

[00:01:47]Yes, guys, that is exactly what I showed you on my previous video. Even with this dead get bounce trading pattern, which is a bearish continuation pattern after the core PPI report, the price of Bitcoin also looks like flashing a warning sign. I mean a rejection in between this 5.618 618 Fibonacci line means a sign of a dead get bounce trading pattern, a bearish continuation pattern. And for this bearish continuation pattern to get invalidated, Bitcoin must hold above $80,000. And if you look at the price action right now, we are hovering around 79,000. And Bitcoin is also doing its absolute best to come across $80,000. But we definitely need to be careful. I mean on my previous video I even showed you guys that Bitcoin here looks like following this ascending broadening wage type of formation. And according to this ascending broadening wage, Bitcoin broke out of the lower band which right now is resulting in a bearish continuation. But even after a bearish move like this, what I still want you guys to be aware of is a move in this manner. I mean a false break to the downside to liquidate the overage longs and then head towards to liquidate the over leverage shorts.

[00:03:04]What I mean by that? I mean even after a bearish breakout even after forming a bearish continuation what could still happen here is a continuation in this manner. And what must happen for this bearish scenario to turn bullish?

[00:03:21]Bitcoin must regain it support above $80,000. Yes, guys, if the price of Bitcoin manages to come across 80,000 despite breaking out of this symmetrical triangle, a periodical triangle, despite breaking out from this eening broadening wedge, what is expected a V-shape or a U-shaped type of recovery in validating the bearish continuation pattern because we knew Bitcoin parallely was also following this leading indicator. This CPR is our leading indicator which gave us information up front. And according to this Maymon CPR, our first target with this area line that's exactly where we came, that's exactly where we got rejected. You can see rejection once, twice, three times in a row. I mean, this trend line is a very important resistance line. But if the price manages to find or come across 80,000 then despite this bearish move to the downside, I am actually expecting the price of Bitcoin to come across this R1 line which will invalidate all the bearish scenario which are lining up here right and price of Bitcoin after that is expected to continue higher higher towards the next area of confluence. And according to our leading indicator, the next area of confluence for the month of May is this air2 line.

[00:04:42]And this air to lines is around $87,600.

[00:04:45]Yes guys, if the price of Bitcoin manages to come across $80,000, then this 87 the air to line will be look as our upcoming target. But if we fail to do that, I mean if Bitcoin fails to hold this ground above 80,000, then I am actually expecting the price of Bitcoin to come for a retest around this May month CPI. And we know Bitcoin is choosing a duration without touching any of this trend line. So there's more than 90% of the cases that price will touch this trend line before ending the month.

[00:05:20]So if Bitcoin right fails to regain it trend above $80,000 then the probability of Bitcoin getting attracted towards the CPI trend line is very high around 747 $75,000. So that's why to invalidate this bearish continuation pattern Bitcoin must do its absolute best to hold this ground above $80,000 because around that area we also have a strong support from this Williams alligator indicator just like what happened here.

[00:05:48]You can see each and every retest around this trend line during uptrend acted as support resulted in a bullish continuation along with this will alligator indicator. We also have support from this bowlinger band right the central line from this Ballinger band during uptren support which is also holding the price at the moment. So if we hold this ground then we have a very high provity regaining our spot above $80,000 which will trigger another continuation in this manner. But if Bitcoin fails do that, fails to hold its ground, come across 80,000 flip into support, then we are expecting a continuation which might look somehow like this. I mean Bitcoin heading towards this Maymon CPR before choosing an actual direction. So please do not get confused. Wait until certain line of support or resistance gets broken before jumping into any trades otherwise you can see things could get very ugly, 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. And by saying this I'm signing out until next time.

[00:07:03]Bye-bye.