Bitcoin Rollercoaster Starts This Summer?

Added: 2026-05-20

[00:00:00]Finally, Donald Trump landed China and so like you can see the small pullback on a BTC uh like a bearish reaction, but nothing special happened at the correction. I guess uh should be a little bit lower to 74,300 uh 68,799.

[00:00:19]So, fib absolutely irrelevant uh there dump if we will see the dump this summer. This zone 52,936 49 500. But, I'm not sure guys. Just to be honest, we will see that dump. If we will, all right. Everybody, for me it's always strange. Everybody is ready to fill their bags and the right to the to the moon uh in the next uh upcoming months uh before the United States election.

[00:00:49]So, for me absolutely zero logic, right, to dump the price now to that low. Uh maybe the second bottom. Usually, we got like impulse correction impulse and maybe this is what we call the second bottom. We will see. Time guys will show us. Main idea for some some um moment, the crucial moment for the market still in play because uh I mean by timing. So, I'm waiting some some something will happen with the market when the Donald Trump go back to the United States. He will be in China 3 days. So, 16 May 16. Uh first of they planned it um go to the China 14 of that 15, so they landed 13. Uh so, I think after this day we will see the main price movement on BTC. You know, uh the fun moments will be I explained it in um Telegram if we consolidate it here push it price higher, for example, uh end of May, beginning of the June.

[00:01:50]Uh technically, we're going to break the structure at I don't know, 98, for example. But, after that, the summer we're going to dump to uh 48 all the line and start climbing up to the high price target. Maybe it's even to the new all-time high. We will see.

[00:02:08]Uh the targets and the levels are absolutely irrelevant, guys. Take a look.

[00:02:13]The S&P 500 at an all-time high.

[00:02:17]Once again, we are at all-time high. We We passed it several times our fib what we draw for the S&P 500 here in October 2023.

[00:02:28]Uh so uh no. We We We draw it in 2025.

[00:02:33]It's a local one. But uh the main one we draw it there even in 2023. So absolutely everything in play, right?

[00:02:42]And uh I I have no idea, you know, how high the S&P 500 can pop. Global, of course, uh it's it's so obvious. So after this moves, right? This will be the deeper correction. Why I talk about S&P 500? Because take a look. People all the time think that BTC correlate with the S&P 500, but basically the BTC just correlate with the tech software, not with Nvidia, for example. Just the software. So the BTC it's not a digital gold. It's just a software. Copy-paste price action. Absolutely identical. So that's the point, guys. So BTC is just a soft and we can't know what will be the next uh direction for the tech software. I I think yes, we got a chance to pump it a little bit higher and to hit to new all-time high for the tech. Uh because AI bubble should be a bigger than the 2000 internet era. New all-time high on AGV.

[00:03:48]Bigger and the a after that in the deeper correction uh when the AI bubble will burst. Uh BTC just correlate with the software, so pay attention for that one. And take a look, guys, now with the smart money concept indicator. Like you can see on a daily time frame, a lot of gaps above.

[00:04:05]Uh technically, we broke the structure one time, second time, so we'll still we're still in the uptrend move. Under, of course, we got a other gaps. If we zoom out on the weekly, yes. Like you can see, this is so attractive levels to grab that liquidity. But, you know, we can come back to that levels later.

[00:04:29]So, if we'll form something like this one, just to grab liquidity like now S&P 500, and after that crash it down even lower than 48, yes, it's going to be pretty pretty hard. And around 489, maybe 36, we're going to form the bottom. Uh monthly time frame, this is the level, this is the level.

[00:04:50]Uh technically, like you can see on the monthly on the Binance, we are still in a uptrend.

[00:04:56]Uh because there was no break of structure on the monthly.

[00:05:00]All right. Uh uh last indicator I would like to show you the take profit and the money power.

[00:05:05]Uh like you remember, guys, we rebound from the buy line here.

[00:05:09]So, the take profit line uh going higher, so 12144.

[00:05:15]We will see, maybe we're going to test uh this line even this year.

[00:05:20]And the time will show us. And the daily, uh what I am personally waiting, and what is good signal here, the line start curve up. So, the buy line now 48 to 425. Take profit line 96. This is what I told you before. Uh I will be not surprised if we dump like this one, for example, going higher, break the structure, pass the take profit line, everybody go open a huge long position, and after that we let it back uh this summer to the 52,936.

[00:05:51]But, for me personally, it's so obvious scenario, so I hope it will not play now.

[00:05:58]So, I will show us guys. Write this in the comments what do you think about a Donald Trump visit to China. Do you think uh we'll see some uh positive market reaction or not?

[00:06:08]Uh and uh what's What is your plan for the BTC now?

[00:06:13]Subscribe channel and don't forget join my Telegram channel. See you next time, guys.