BEARISH 📉 : Analyst warns Bitcoin likely posts red month after two green months
Max: Bitcoin likely prints red May after two green months; Ali sets $94,000 target on 200 SMA break
Bitcoin rose in March (+2%) and April (+12%). Analyst Max says May likely closes red unless this cycle breaks precedent.
Max cites history: no bear market has seen more than two consecutive monthly green candles. He references March and April’s gains and warns May is seasonally weak, with liquidity sitting below price. Source, March/April gains, bear-cycle signal.
Bitcoin is up ~6% in May, hitting $81,000. Price failed twice at $79,000, broke above on the third try, then closed back below. Max calls it a fakeout and liquidity grab, with risk of sweeping lows if acceptance stays under $79,000. $79k resistance, current PA.
Ali Martinez outlines the upside path: the 200 SMA near $83,000 is the key hurdle. A clean daily close above it opens room to $89,000, then $94,000. 200 SMA and targets, macro expansion.
- Key resistance: $79,000; acceptance below points to lows. Source
- Trigger: daily close above 200 SMA at ~$83,000. Source
- Upside levels: $89,000, then $94,000. Source
- Weekly MACD crossover on April 13; +15% since; prior crossovers led to 147%, 75%, 35% rallies in 2023, 2024, 2025. Source
Spot price: ~$81,000 at publication. Live BTC data.