May 9, 2026

Bigger picture to the short term down side.

Bigger picture to the short term down side.

Bigger picture to the short term down side.

Bigger picture to the short term down side.

Bitcoin / Dollar BITFINEX:BTCUSD
ActiveCrypto


Bigger picture to the short term down side.

I published another idea that shows the shorter term in more detail. It helps to see BTC’s historical behavior to understand my opinion moving forward. We are waiting for a high volume reversal off the downside to begin another push higher. We need a capitulation to be concise. That’s usually confirmed with high volume . The target of $14K to $25K is not unrealistic. The market never pulled back like it does traditionally after a major run up. This 14k-25k “zone” is a major location of confluence on many levels. Primarily the Fibonacci retracement level that whales look for to start buying back in; this same retracement zone always coincides with a major trend level.

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Bigger picture to the short term down side.

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