
05 May 2026
by: Kadiri Radouane
Date: mai 5 .2026 Current price: 80.571
Based on the attached chart of the BTCUSD pair on the daily time frame (1D), here is a detailed explanation of the technical analysis: 1. Technical Model: Harmonic Pattern • The graph shows the use of harmonic analysis models, as the bulk of the model that began in early 2026 was completed. • The green triangles show the wave price movement that formed the sides of the model, up to the bottom achieved in February and then the rebound from it. 2. Supply Zone (Supply Zone) • The analyzer specified a green rectangular area at the top, which represents a strong view (resistance) area. • This area is approximately between $90,000 and $94,000 levels. • This area is the current target of the ascent, but it is also the candidate area to start a reversal movement. 3. Expected scenario (price behavior) The manual drawing (the letter M and the descending arrow) indicates the following expectations: • Supply zone test: The analyst expects the price to rise to test the green zone. • Double Top model: The drawing shows the expectation of the formation of two peaks within the display area (representation of the letter M), reflecting the weakness of the upward momentum. • Sharp decline: The long black stock indicates a strong decline expectation after the breakout of the supply zone failed, as the analysis aims to return to levels close to $60,000 by June. Summary of technical points: • Financial instrument: Bitcoin against the US dollar (BTCUSD). • Current trend: upward for resistance test. • Next (expected) direction: fall strongly after touching the supply area. • Articulated level: The $98,208 level (upper black line) represents the maximum resistance that the analysis invalidates by penetrating.