bitcoin:native update 23rd May 2026
These video updates are for educational purposes only and should never be considered as investment or trading advice. Always make your own trade plan based on your own system or consult an expert.
This was last week's warning and as we can see it has played out perfectly.
"The
#bitcoin market follow the forecast will a rally from March into mid May where it stalled at 83k (the Q on the 1:1 extension on the SR). That likely sets an intermediate top.
$ETH had a negative break on the 12th May and that is a warning. The analysis suggests that risk is high into late May or early June and therefore rally attempts in this sector should be treated with caution (particularly as ETH has already broken down and I'll cover that in detail in DC)."
This market is now in the decay phase of the cycle and patience will likely be required for the better long entries.
As always, thanks to those who support the feed even when the analysis is bearish!
Level 2 £100 off discount ends 26th May.
Enjoy yr bank holiday weekend in the UK 🌞