Bitcoin short-term, the retrace is over

May 14

This might be a little early for most people, yet I am getting some signals saying that the Bitcoin retrace is already over. EMA144 is being tested as support.

When Bitcoin turns bullish, there aren't that many red days. It either moves forward or goes sideways. Here we can see some sideways at resistance since 4-May. Currently at support.

During the entire recovery period, Feb through present day, there aren't that many times with too many consecutive red days. When dropping, just a few days would cover plenty of space. Bitcoin closed three days red but its price remains really strong. It seems the market is taking out too many over leveraged longs.

Hundreds of millions of dollars worth of long positions were liquidated in the past few days, yet Bitcoin dropped less than 5%.

This is an early signal. Get ready for a recovery, or resumption or sideways... Pick one, but remove the part where Bitcoin goes lower. We are going up.

Namaste.

May 15

Note

Notice the huge difference between the relief rally (Nov 2025 - Jan 2026) and the recovery phase (Jan - May 2026).

The relief rally lasted 56 days. The recovery is now 105% days long.

We are going up!

Namaste.

May 15

Trade active

Bitcoin daily · update



EMA144 is a very important level and the one we've been looking at on the daily timeframe. On this analysis, it worked as support and produced a bullish reaction once challenged. EMA144 now has a reading right above $79,000.

An even more important level is $80,000 and the 21-November 2025 low at $80,600. While there are some fluctuations, Bitcoin is trading safely above $80,000. Not only this, but price action at this point in time clearly reveals a consolidation pattern. Once more, consolidation right below a major resistance zone, which can be read as strength.

The market consolidates below this resistance; Bitcoin is gaining strength. Weak hands can leave, bears can short. Once everything settles, we get another advance but this time an even bigger one.

When Bitcoin was trading bearish, each time there was a rejection at resistance we would get a bearish continuation, strong big red candles. As the market turned 100% bullish, after the late March higher low, we see very little bearish action. When it goes, it goes.

The last few days are the most revealing of all. Bitcoin entered ~$80,000 on the 4th of May, after this date, we get sideways action within the same range with not even a hint of a retrace. This is what reveals the bulls have the upper-hand.

As if this wasn't enough, we see over and over, many altcoins breaking bullish and moving higher. The Cryptocurrency stocks are doing great and now we have the good news with Clarity Act. Everything continues to point higher... Prepare for a massive bullish break. How long will it take?

Thank you for reading.

Namaste.

May 15

Note

Weekly stochastic, extreme bullish signal

Bitcoin entered a bear market in 2022 and the STOCH traded at the bottom for several months. When Bitcoin exited the bear market, the stoch entered the bullish zone and remained there for several months before dropping again. The first rise after staying at the bottom for several months matched the end of the bear market.

The same signal is present again in 2025-2026. Bitcoin hits bottom and the stoch also trades at the lowest possible for several months. The first rise after staying at the bottom for several months signals the end of the bear market. The stoch has a very strong reading right now and this can be interpreted as bullish.

Consider what happened after November 2022 and January 2023. This is what you can easily expect in the coming months. There can be some fluctuations but, Bitcoin is going up.

Namaste.

May 15

Note

Weekly MACD extreme bullish signal

There is a very strong hidden bullish divergence between BTCUSDT and its MACD. The MACD has a lower low while BTC has a higher low.

The MACD is showing a bullish cross and the histogram says it all. It reveals the bear market is already over. It shows there is plenty of room for additional growth. Bullish action is only starting now.

This is truly an unbreakable signal and the one all the bears (Peter Schiff & TradingShot) will ignore.

Namaste.

May 15

Note

Weekly RSI confirms bottom recovery is already complete


During the previous bear market, Bitcoin entered the oversold range only once, staying there only briefly. The RSI traded below 40 until early January 2023 when Bitcoin started to move above $20,000 for the first time after the crash. This move above 40 and later 50 with a price above $20,000 confirmed a complete recovery from the market bottom. The same is true in 2026.

Bitcoin's weekly RSI entered the oversold range only once and stayed there briefly. The RSI traded below 40 until mid-April when Bitcoin started to move above $80,000 for the first time after the crash.

The RSI entering the bullish zone confirms a complete recovery. With the recovery complete, we are now witnessing consolidation in anticipation of a new market phase. Think of early 2023 and what followed... Years of sustained growth.

Namaste.

May 15

Note

Renko

The Renko charting system reveals the trend, it leaves no room for ambiguity. Here it shows Bitcoin moving within a clear uptrend. It is already in process.

I added some additional data to show a resistance zone flipped support.

I will share more...

Are you bearish or bullish? What about the data the being shown?

Namaste.

May 15

Note

The 3 Line Break (3LB) charting system is already extremely bullish. Here I am showing the same resistance flipped into support dynamic. It happened twice already.

The signal is so strong that it is showing even on the monthly timeframe.

Thank you for reading. If you enjoy the content, you might want to follow.

Namaste.

May 16

Trade closed: target reached

100% bullish on Bitcoin and the altcoins market.

May 17

Note

Support levels highlighted. Full red candle this week.