Bitcoin Update – 27 April

As you know, my next turning points were 27th and 28th April.

In the last reports, I mentioned that I was expecting one more push to the upside, with a target around $80,700.

At the same time, I could see that most people on X were waiting for $80–81K to short.

And this is exactly how markets work.

👉 When everyone is waiting for the same level, price often doesn’t reach it.

Instead, smart money steps in earlier, leaving the majority trapped and waiting.

📉 What Happened Today

• Price reached around $79,500

• Formed a double top

• Followed by a sharp sell-off

More importantly:

👉 Price has now broken below the lows of the last 4 days

This is a clear shift in short-term structure.

📊 Channel Breakdown

Earlier today, I posted a chart showing price sitting at the middle of the channel.

That level has now been broken to the downside.

This is another important confirmation that:

👉 The high is likely already in

🔍 Current View

At this stage:

• Structure has weakened

• Momentum has shifted

• Breakdown is confirmed on lower timeframes

My current view:

👉 I don’t expect higher prices from here

⚠️ Invalidation

This view would only be invalidated if:

• Price reclaims the middle of the channel

• And turns it back into support

Until that happens, the bias remains down.

📅 Outlook

From here, I am expecting:

👉 Continuation to the downside into 1–3 May

This aligns with the planetary cycle window I’ve been tracking.

🧭 Summary

• 27–28 = key turning point window

• $79.5K formed a double top

• Sharp rejection before $80–81K

• Broke last 4 days lows

• Lost middle of channel → bearish signal

• Expecting downside into early May

• Invalidation only above channel mid

The market once again did what it does best:

👉 Move opposite to the crowd’s expectations.

More updates soon.

Bitcoin Astro