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Bitcoin Update – 2 May

bitcoinastro369
Jul 20
1 min read

Yesterday did not play out as expected.

Instead of finding a low around $74–74.5K, we saw a massive pump, which marked a high on a strong pivot date.

Because of that:

 The expectation now shifts toward a move down from this high

 Cycle Context

As I’ve explained before, the planetary moves I track usually behave in two ways:

1️⃣ Price moves in the same direction for the entire cycle (typically 7–11 days)2️⃣ Price reverses around the midpoint

The current cycle:

  • Started: 1 May

  • Ends: 10 May

  • Midpoint: 5 May

Given the current structure:

👉 I anticipate we move down into the 5th

Key Levels

  • Below $77,500 → stronger confirmation for continuation down

  • Above $79,000 → invalidates this view

If we break above $79K:

➡️ Expect another leg higher toward at least $81K

📅 Next Pivot

  • 3 May (Sunday) → minor pivot

This may act as a short-term reaction point, but the main focus remains the 5th (midpoint).

 Summary

  • 1 May marked a high instead of expected low

  • Cycle suggests move down into 5 May

  • Below $77.5K → confirms downside

  • Above $79K → continuation higher toward $81K

  • 3 May = minor pivot

We continue to follow:

👉 Structure + timing + confirmation

More updates as price develops around the upcoming pivots.

 
 
 

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