YOU WON'T BELIEVE THIS: I Just Shorted Bitcoin!

Added: 2026-05-09

[00:00:00]Welcome back, guys. Bitcoin is right now in the process of creating the fake Friday move that I'm always talking about. I will show you exactly where that move is going and what to expect not only over the weekend, but also what potentially going to happen here on Monday. Don't miss out on that because I have new trades running. And let's go.

[00:00:30]Hi guys, welcome back. We jump directly in today's content here and start with the DXY. The DXY is still fighting here with the 98 point level, but it looks really really bearish to me that this will next week definitely break to the downside and yeah, hit lower levels here below the 98 um points range. So let's have a look here straight on Bitcoin here. This is uh the CME gap chart. So for now we don't have a Friday close. So this going to move here somewhere today. I I don't think that we actually go higher today than $8,700.

[00:01:14]Maybe on CME it will be here at around $80,900ish that we're going to tap. And yeah, the CME gap above at $84,000 remains open.

[00:01:25]It will most likely get closed next week in the upcoming week or the following week and then we're going to see a major major downturn and I going to talk about this when this going to happen. So on the weekly chart, the weekly candle is absolutely fine. Remember what I said after here this big move to the upside.

[00:01:42]I'm not surprised that we see now here some consolidation to start around current price levels. Again, next week I still believe that we go a little bit higher and then the following week potentially there we're going to get a candle down.

[00:01:59]So, and that will form then here a small consolidation range. Uh from there we're going to move a little bit lower again and then you get the next leg to the upside. That that is at least um how things are looking from my perspective.

[00:02:11]Uh on this weekly chart, the imbalance is also not closed yet, which is again a major sign for me that we're going to get up here in the next 7 to 10 days to close the um this fair value gap in this candle and then most likely see a rejection from up there because there is definitely some resistance based on these wicks that we have seen here on the left side with that um order block consolidation. Um yeah and that will make give us a lot of headache uh to break straight away through this level here in direction of $90,000. So that's why this is for me a major major rejection zone back here uh to yeah seven yeah all the way down potentially to $75,000 but we're not there yet. So when we're looking at the 12-hourly chart so here we got a nice bounce from this support area which was formally resistance. Again, I don't believe that this is going going to hold, especially as long as we are staying below the 50 moving average here. Uh I believe from what we are seeing here, this might end up to be a tweezer. Uh sorry, a spinning top, a spinning top, which can be au continuation pattern or a reversal pattern. And we're going to go all the way down to the 200 moving average here to $77,600 approximately. So, of course, now when we close that candle in um 9 and a half hours and we go a little bit higher, it might be $77,700.

[00:03:35]Doesn't really change a lot here on our end.

[00:03:40]Oh, I just see that I need to move something over here for you guys. So, we're going to talk about in a moment.

[00:03:47]Um so here expect in the over the especially over the weekend some sideways chop between here $79,000 oh sorry $78,400 all the way up to $80,700.

[00:04:07]That will be our consolidation range in my opinion over the weekend. And here we see we Bitcoin is already struggling again to stay above $80,000. Now when we're going here to our Monday high and Monday low chart, you can see we have tried to stay above the Monday high which is over here 80,000 um $756 and failed. And when we are failing a Monday high to stay above this for an extensive period of time. So how long did we stay above this? Uh here from Tuesday until Wednesday. So basically 20 24 hours. Uh oh no a little bit longer.

[00:04:45]um here 48 hours. Yeah, 48 hours is not a really really long time to stay above the the Monday high and this opens up now the possibility that we hit over the weekend the Monday low again. Doesn't need to happen but it is a possibility especially uh since I is here fair value gaps. No, here's no fair value gaps.

[00:05:08]Okay, no fair value gaps. That's a good sign. But uh yeah, so here you see the downward sloping channel that Bitcoin was trading in and just broke out earlier today. here. I believe that this is right now our fake move for Friday.

[00:05:22]Potentially with a continuation move back to the Monday high, get rejected from the Monday high into the Friday close and then everybody gets rinsed here over the weekend while the price is turning to the downside and then Monday you get another push. So, if you want to trade with me together guys, I have a new exchange especially for the ones that are struggling to sign up on um on weeks on buy bit and other exchanges and you will also still get access to my trading channel with that. But you need to send me again on uh on Telegram, you need to send me your um your UID or by mail to sponsorships am no at [email protected].

[00:06:09]Um here Alpha X guys. Alpha X I going to leave a link in the pin comment and in the description below. Alpha X is a decentralized exchange um where everybody with any kind of um yeah external wallet can sign up, you know.

[00:06:26]So you can use your Metam Mask, you can use your Trust Wallet and I going to take from tomorrow $500 and trade them again to $10,000. So, if you want to be part of that challenge where I trade $500 into $10,000, uh I will do it with the Telegram channel together, then sign up on Alpha X, guys, you know. So, sign up on Alpha X. Uh because I going to do that on that specific exchange. So, you want to make sure that you are on the same exchange so that you don't experience any slippage because there is some small price differences across exchanges. So you want to make sure that you get the same price that I get when I'm doing that. So that's why I'm telling you guys sign up here on Alpha X. Especially if you cannot sign up on other exchanges because you are in the US or in some other countries where I struggle with that. That is the place where you want to go. Again, I leave a link in the pin comment below and in the description below. And I have also opened here on weeks a short position. Oh wow, this is already printing. This was shared with the Telegram group just a minute ago before I started the stream. So, I'm up here on the short $2,400 already. You know, I usually don't like to short, but this was just too obvious, guys. You know, so this was too obvious um with that position. And that's why um yeah, I opened here just with only less than yeah, like 8% of my total capital um $30,000 what I used here to open that short that is already printing, you know. also. And now I'm here at $431,000 on that account, which was earlier $429,000.

[00:08:04]So, uh, if you still sign up on weeks and you run into these problems here with the verification bot, guys, no problem. Use one of these other exchanges here, uh, and rinse and repeat the whole process. Or again, sign up on the decentralized exchange on Alpha X.

[00:08:21]Send me the UAD and your Telegram handle if you don't write me straight on Telegram. And then uh I have a way to add you there and the bot the verification bot will also be working again. Uh I think in the best case scenario today or tomorrow you know. So we are still figuring some stuff out and I'm also looking at a way to integrate here um Alpha X for that you know. So um that everything will be working automated. So now let's go back to Bitcoin. So you see here why I actually opened uh that short position. Uh because here you can clearly see that we are getting currently rejected from the top side of the EMA ribbon which tells me that we are moving lower into the EMA ribbon all the way potentially to the bottom and um even lower than that to around 79 $78,000. And from there we're going to get that bounce and turn around and go uh back to the upside. So currently the 0.382 level on the Fibonacci levels is giving us here a little bit of support but I think that will not hold long here over the next coming hours and then we going to hit lower levels. Hence why I have here a new major entry um level and also here the golden ratio will act uh will be used as uh a further entry level to um yeah add more to a long position once we are getting there. Uh now on the daily chart also here the upward sloping um rising channel. Um here the bottom of it is my target $78,000.

[00:09:54]Uh it would make a lot of sense that we're going to hit this here. So even if it would be tomorrow that it's yeah $500 higher $78,600 but this is what I'm seeing where we are heading here over the weekend that we are tapping this and only then going to see here another move um into the top range um of that um specific channel also here on the binger bands guys I warned you so many times about this that when we hit the top side of the Ballinger band that we will come back down so and we saw here yesterday a rejection at 85 $81,500 $00 to the downside and this will just continue and we're going to hit here at least the the middle band at 70 $78,000.

[00:10:36]So I will not get here confused by this candle only because this is looking like potentially like a bottoming candle. Uh this looks for me like a candlestick pattern that I have seen before. Price especially here with a shooting star pattern that I just see. So here these these three candles shooting star pattern reversal pattern uh I have seen this before here red candle then here green dogey red continuation candle to the downside. So by tomorrow potentially we should be touching the middle band and then we need to see if we get supported from there or break even lower. So that could be also a scenario that you should be prepared for. Uh then on the 50 minutes chart here you also can clearly see that we have put in here a death cross over here. Um that was yesterday night at $81,300.

[00:11:30]So if you would have shorted from there, you would have been already here in really really juicy profits. Uh we are fighting with the 20 moving average to stay above this and I think it's going to fail, you know. So, um I think this candle, even if this candle here closes above this, I still think that overall we're going to see here further um continuation um into lower levels unfolding in front of our our eyes here in the um yeah upcoming hours on the liquidation heat map. Let's see what the heat map is saying and then I going to run again. Some other stuff to do. So, Let's see.

[00:12:13]Yeah, also here you can see topside liquidity has moved. That was here stacked by the shorts. Now there's only downside liquidity from all these longs.

[00:12:23]They're going to get rents. You know, that's why I'm saying $78,000 is my minimum target here to the downside uh over the weekend, which we're going to tap with so much confluence around that level. And then potentially we're going to see that turnaround um into higher prices here uh starting next week. Also here uh this underlying support level on the 12-hourly chart might be a level that we're going to touch at $77,000 even though the stochastic is bottoming out here. But what I going to what I believe is going to happen here is that we just bounce a little bit around here on the bottom which will uh allow Bitcoin to move even lower. The RSI is not bearish yet, but is here potentially rolling over and the MACD is already bearish. So, that just tells me that whatever Bitcoin is doing to the upside is just a liquid um a liquidity grab.

[00:13:15]You know, they are just grabbing liquidity from these upper ranges and then they send it lower. So, don't get trapped uh in this here over the weekend. You know, just because Bitcoin is moving up right now, don't believe that this is going to last here over the weekend. And most likely um everybody that is long or trying to go long now will get rinsed here over the weekend.

[00:13:37]So be careful. And that's it already for today's update guys. Sorry that I was not there yesterday. I did not feel good. So I slept the whole day. But I will be back tomorrow. So don't forget smash the like button, hit the subscribe button, hit the notification bell, and I see you again tomorrow. Oh, bye-bye.