AI Summary
In this video, Denisov Trade provides a Bitcoin market analysis for May-June 2026, discussing recent price movements, key support levels, and the impact of geopolitical tensions. He outlines potential scenarios for Bitcoin's short-term future, leaning towards a further decline to the $50,000-$55,000 range.
Chapters
The speaker highlights unresolved conflicts (Russia-Ukraine, US-Iran, China-Taiwan) as factors keeping Bitcoin at $76,473.
Bitcoin briefly stopped at $50,000 before soaring to an all-time high of $128,000.
From February 26 to October 26, 2024, Bitcoin traded between $55,000 and $72,000 for almost a year.
A significant dump on November 11, 2024, hit altcoins hard; the speaker called it the beginning of a fall.
Another dump in late Jan/early Feb 2025 brought Bitcoin back into the previous year-long range.
If Bitcoin falls below $73,000, it may trade in the $55k-$73k range and possibly dump further to $50k-$55k.
The speaker notes that Bitcoin's lows and highs have been progressively higher, suggesting a bottom near $50k-$55k.
The speaker dismisses the possibility of Bitcoin rising above $90,000 in the next few months; further decline is the most likely scenario.
Denisov Trade concludes that Bitcoin is likely to decline further to the $50,000-$55,000 range in the coming months, with the current price around $76,000 serving as a potential breakdown point. He advises viewers to be cautious and watch for key levels.
Study Flashcards (5)
What is the current Bitcoin price mentioned in the video?
easy
Click to reveal answer
What is the current Bitcoin price mentioned in the video?
$76,473
00:38
What range did Bitcoin trade in from February 26 to October 26, 2024?
medium
Click to reveal answer
What range did Bitcoin trade in from February 26 to October 26, 2024?
$55,000 to $72,000
02:19
What significant event happened on November 11, 2024, according to the speaker?
medium
Click to reveal answer
What significant event happened on November 11, 2024, according to the speaker?
A major dump in cryptocurrency, especially altcoins.
02:44
What does the speaker predict as the likely bottom for Bitcoin in this cycle?
medium
Click to reveal answer
What does the speaker predict as the likely bottom for Bitcoin in this cycle?
$50,000 to $55,000
05:32
What historical pattern does the speaker identify regarding Bitcoin's lows and highs?
hard
Click to reveal answer
What historical pattern does the speaker identify regarding Bitcoin's lows and highs?
Lows and highs are getting progressively higher.
06:02
💡 Key Takeaways
Year-Long Range
Establishes a key support and resistance zone for Bitcoin over an extended period.
02:19Re-entry into Range
Shows that Bitcoin returned to its previous trading range after a dump, indicating reduced volatility.
04:10Breakdown Below $73K
A key technical trigger that could lead to further declines to $50k-$55k.
05:20Higher Lows Pattern
Illustrates the long-term bullish structure despite short-term bearish outlook.
06:02Unlikely $90K Cap
Provides a clear upper bound for the next few months, influencing trading strategies.
07:11Full Transcript
[00:01] I start with the words: there is tension in the international geopolitical arena. This is the this is the bad news with Russia. And this will not change now. I would like to begin it with the words: "Finally, everything is fine. Finally, all the conflicts
[00:14] have dried up, and we are flying upward." But no, this doesn't happen every time. And $76,000 today. There are many reasons for this decline , but the two main ones are the conflict between Russia and Ukraine and the US and Iran. We also have China, little by little, again, one might
[00:30] say, in conflict with Taiwan over its disputed territory. And chart, and not only on cryptocurrency charts, but also on the charts of gold, oil, and other valuable physical financial assets. Naturally, this is not
[00:45] Bitcoin. You can find quite a lot of them on my channel and see what I said and for what period. I always do this clearly, specifically, without 800 predictions that may or may not happen someday.
[00:58] I always take a specific period, for example, a Bitcoin review for June or May, and express my opinion regarding the main cryptocurrency that Let's not delay and get straight to the schedule. We wo
[01:11] need to understand that we have a psychologically important level, which we flew past last time without any stops - this is 50,000 dollars. I talked about it a lot back when Bitcoin was at 16. Again,
[01:23] channel. I am not saying this without any evidence. I expected that we would stop there, but we stopped at this level for literally a couple of days and then just flew to the all-time high for 128,000 bucks. And then there were a lot of
[01:38] different trading events and different prices for Bitcoin. Today, Bitcoin is worth $76,473, to be super meticulous and precise. And now it is important for us to understand what the ranges
[01:50] were before and for what reasons. I have already stated that the most powerful movements were stated that the most powerful movements were near the $50,000 level. Back then, it was at its lowest in 22
[02:04] , we were slowly, slowly rising higher and higher, and no one believed that Bitcoin would fly away anywhere. But it happened exactly against the crowd's opinion. We flew away, stopped at the level of 55,000 dollars and were there until, not until, but
[02:19] from February 26, twenty-four until October 26, twenty-four. For almost a year we traded in the range from $55,000 to $72,000.
[02:31] Then the period of all timehav, yes, why do I say all timehav, because there were quite a lot of them. At first it was $100,000, then $105,000-$110, and so on. And now we are interested in two events. The first is the November 11th dump,
[02:44] when all the cryptocurrency, which had already been flattened, I'm now talking about altcoins, flattened, I'm now talking about altcoins,
[02:56] all the most promising altcoins, Arbitumm, StartNet, all Layer 2 projects, Arbitumm, StartNet, all Layer 2 projects, all DeFI projects, all ended up in the dust. And all those who bought and averaged, they are all screwed. If you're
[03:12] wondering how I'm doing, I won't lie and say everything is fine and I've bought the very bottom and am now sitting here waiting for the alpha season. No, I bought some too, but I bought them for extremely small amounts. Before that, I had a lot of crypto, which was either
[03:25] affiliated with the company or I somehow got it for free, but I didn’t sell it. This was the biggest mistake. But if I knew the winnings, I would live in Sochi. We good experience, of how not to do it. So, on November 11th we had our first dump, a
[03:41] really serious one on crypto, and then there was a small buyout. Here, by the way, everyone was shouting that yes, it fell by 30%. Well , yes, the altitude has dropped by 90%, yes, we will rise. I said this was just the beginning of the fall. Again,
[03:55] you know where to look for all the proof. And the next event is the beginning of February, the end of January, is the beginning of February, the end of January, when there was another dump down to
[04:10] which had already been rolled three times on the E, rolled away once again. Well, and, of course, Bitcoin. And we entered the range in which we had been trading for a whole year, since March of 1924. This is very important. Please
[04:24] remember this date. Today, May 19, we stand right at a key point in the movement of said, there are several unresolved conflicts. So far they have been unable to find any solutions , although summits seem to be taking place and truces and peace treaties seem to be being agreed upon
[04:39] , but so far And on our side , unfortunately, nothing concrete is happening yet. Bitcoin is currently standing still, and it has been standing still for a very long time. So,
[04:55] basically, since the fall that happened at the end of January, we can say that we are standing still and not moving anywhere. Now everything depends on how conflicts will be resolved and what catalysts will drive the growth or decline of our
[05:07] cryptocurrency. If we go below $73,000, it's a range trade between $55 and $73,000 and a possible dump further down. Why? It’s because
[05:20] we simply don’t have new money, nothing good is happening to us. And we must show some kind of bottom for Bitcoin . I don't think 70 there 2,000 dollars - [music] is the bottom. I think that the bottom of this new cycle or
[05:32] the continuation of the old one, this four-year one that didn’t exist, I $55,000-50,000. That is, most likely , in the next few months we will still reach those values, and only from there will it be possible to begin
[05:46] several times with bitcoin. If I open a chart now, say, a weekly one, I can show you this easily and simply. That is, the first, uh, Bitcoin pumps back in 2017, where we flew from 3,000 dollars to almost 20, then dumped
[06:02] below 3,000 bucks. From there we pumped again, pumped, pumped, and flew away there by 50-60, there was another dump, we found a bottom for ourselves at the level of 28,000 dollars. That is, you see, the lows are getting higher, and the highs are getting
[06:17] higher. So, in order for us to find a new maximum for Bitcoin, I think that we need to previous minimum, which was on February 17, 2025. We were just trading at the level of 76,000 dollars,
[06:30] Accordingly, the next price to fall, and in the event of this fall, is fall, and in the event of this fall, is 50-55,000 dollars. There I won't have to think that most likely we will go to this area. If I'm wrong, we have
[06:45] say that there are several options. I am of the opinion that, range that I have already voiced in case this is not the case. There are two flying away from the current values. Most likely , it won't happen. Well, I don’t rule it out
[06:59] , because anything is possible in crypto . And any news, any phrase from some important person, like Elon Musk or Trump, we can pump the chart to any value. If you think this is
[07:11] not true, please take a look at the charts of some altcoins. which were pumped during the period when Bitcoin was falling there. Or just look at the Bitcoin chart, you will see that at many values, well, we just took off. They just flew away. It
[07:25] good, they just decided to draw this candle. I don’t consider this option at all unlikely one, which we begin to grow right from the current value. The second option is more likely, that we are trading here at the level of 76,
[07:38] there is 73,000 dollars in this small range. We trade some volume here and go higher. But I think that we are within the boundaries of this cycle; in these few months we will not go above $90,000. That is, they may show us some
[07:53] this will not happen. That is, the option that I voiced, a further decline and a search for the bottom, is probably the most likely. Well, communicating with reasonable people in the comments. Write your opinion, your
[08:08] months or until the end of this year. And we will talk and, perhaps, come to some truth. You were on Denisov Trade's channel and watched the Denisov Trade's channel and watched the Bitcoin review for May-June 2026. I
[08:21] Bitcoin review for May-June 2026. I wish everyone profit. Bye everyone. y