May 4, 2026

BTCUSDT Price Action

BTCUSDT Price Action

BTCUSDT Price Action

BTCUSDT Price Action

BTCUSDT Perpetual Contract BYBIT:BTCUSDT
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BTCUSDT Price Action

After an swing upward, price fail to reach at least 33k region.

Candlesticks inverted hammer & doji consecutive after an peak, bearish .

Neckline: the priceaction will reaction from this and pullback to test.

Expected a head in formation. Head and Shoulders correction in confluence to triangle.

I’ve wright in baloon ‘if price… breaks down… confirm reversal’, but this is not a uptrend as the ordinary people may have think. All is BEARISH .

Volume: show of weakness.

If price action breaks down 61.8% of Fibonacci retracement , then one more confirmation to remains bearish and maintain short. 30k is the region of the neckline of the major double bottom to pay attention. The price action can form a wide range. But I’m expected dump.

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