May 5, 2026

Hello Trend lines

Hello Trend lines

Hello Trend lines

Hello Trend lines

BTC Perpetual Futures Contract BINANCE:BTCPERP
MichaelWallat


Hello Trend lines

Somewhat overextended the Dow may push BTC into some trend lines it can’t just force its way past. Any slight retrace from the Dow as BTC connects with these trend lines could lead to a small retrace in BTC . The other option is that a significantly positive day for the Dow may bring BTC through these trend lines where it may at some point retrace toward them.

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