BITCOIN: 99% WILL FALL FOR THIS TRAP!!!!! [watch NOW!!!!]

Added: 2026-05-26

[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, Bitcoin after this small really Friday got rejected at this Williams alligator indicator and on my previous video, I was very clear with you guys this Williams alligator indicator acts as support during uptrend and acts as resistance when we are in a downtrend. And how did we found out?

[00:00:27]Because this Williams alligator indicator whenever it starts appearing in a bullish trend, the green line from this Williams alligator indicator starts appearing at the top and blue line at the bottom. But when we see the opposite, blue line at the top and green line at the bottom, that is when we know we are in a downtrend and the same trend line, just like what happened here, which during uptrend acts as support, acts as resistance. So in our case, this is also a bearish cross. Blue line is appearing at the top, green line at the bottom is a bearish sign. So now, getting rejected around this trend line means we must prepare ourselves for a continuation, which could look somehow like this. I mean, Bitcoin heading towards our very very important support which you have in between 72,000 to 75,000 before choosing a duration.

[00:01:22]Because we know along with the rejection from this Williams alligator indicator now, Bitcoin also looks like heading towards to test the support from this May month CP and again, this May month CP is in between 72,000 to 75,000. This is one of the last line of support which you are not allowed to break. So in the medium short term, if Bitcoin shows furthermore weakness, then these trend lines are our price objective in between 72,000 to 75,000. But these trend lines are not allowed to break because breaking below this May month CPR means parallel we are also going to break below this rising trend line support and we know in the past price action whenever Bitcoin broke out of this key support line this rising trend line support what followed after that you can see a massive sell-off. I mean Bitcoin when it fell below this rising trend line we had a pullback. You can see a pullback up to 27 28% here more than 30% so this is exactly what we want to avoid. I mean a continuation which might look somehow like this because we know if Bitcoin loses this key support line in between 72,000 to 75,000 we are expecting the price of Bitcoin in that case to show a move in between 50,000 to 60,000 dollar before looking for another opportunity because we know right now it's not just only this smaller time frame indicating us weakness. Even in a weekly time frame you can see this horizontal trend line is one of the most important support which we have in a weekly time frame at the moment and this trend line also sits above 70,000 to 75,000 so that's why I just showed you with this example this rising trend line support this CPR trend line support that we at any cost are not allowed to break below this horizontal trend line which we are testing at the moment. So if Bitcoin loses the support from this key trend line then we are in trouble because losing this support means you can see the next area of confluence will be the lower trend line right this horizontal trend line which in our case it's around 50,000 dollars. So this is exactly what we want to avoid and to avoid this bearish continuation what must the price do? The price in the media short term must hold its ground above this rising trend line must hold its ground above this CPR trend line, which is in between 72,000 to 75,000 dollar because if this key line of support gets broken, you can see there is another warning sign which will start flashing for us. I mean, Bitcoin here got rejected after showing a relief rally in between 0.5 to 0.618 Fibonacci line. And just like as shown in an example, the dead cat bounce, you can see a retracement of around 50% since crypto is volatile, we also look around 61.8. So, this is exactly where we came in between this 0.5 to 0.618, got rejected, and now if this here is a continuation of an original trend, just like as shown in the example the 0.4, then you can see once 70 to 75,000 support gets broken, this bearish scenario will also line up parallelly. And why? Why am I pointing you this? I mean, a move up to 50 to 60,000 will be on the line if this support, the rising trend line support, and the support from this CPR trend line gets broken because in a weekly time frame we have another scenario which is pointing us that Bitcoin losing the support around 70 to 75,000 means we are going to hit towards this capitulation area. And in our case, the capitulation area sits in between 51,000 to 61,000 dollars. So, that's why 50 to 60,000 will be on the line. And in the past price action, when Bitcoin did very similar move, you can see double top type of formation, right? Double top type of formation with a small relief rally, a temporary rally here, right? A temporary rally.

[00:05:43]And then started heading towards the capitulation phase. And this capitulation phase is in between 100% to 0.786 Fibonacci extension lines. So, this continuation, if it continues and Bitcoin also finally hits towards the capitulation area, this capitulation area is going to be in between 50,000 to 60,000. So, that is another reason why we have to be careful. If Bitcoin loses the support which we have from this May month CPR around 72,000 to 75,000 dollar, then we are in trouble because Bitcoin in that case, as you can see, will start lining up with some of the most bearish continuation which we don't want Bitcoin to fall. So, please wait until certain line of support or resistance gets broken before jumping into any trade because I don't want you guys to fall this kind of trap. I mean, if Bitcoin holds its ground above this May month CPR, closes the month above this May month CPR, then despite all this bearish scenario which I just showed you, I am actually expecting the month of June to be bullish. Yes, guys, even after a pullback like this, if Bitcoin manages to remain above this May month CPR, I am actually expecting the upcoming month slowly to look somehow like this.

[00:07:04]Bitcoin turning bullish and in a bigger picture following more of a higher highs, higher lows continuation pattern type of formation.

[00:07:13]So, that's why please guys, please do not let this chart fool you. Unless certain line of support or resistance gets broken, do not jump into any trade.

[00:07:21]And to the upside, if Bitcoin wants to do the unthinkable, 80,000 resistance must be broken. So, these 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.

[00:07:35]And to those individuals watching this for the first time, hit that subscribe button. And by saying this, I'm signing out until next time.

[00:07:43]Bye-bye.