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Bitcoin Update – 6 May

  • bitcoinastro369
  • 2 days ago
  • 2 min read

Since the last update, everything is playing out exactly as expected.

The main dates were 5th and 6th May for a potential high, and my key price level was 82,760 (as marked on the chart).

We pushed a bit higher and printed a high around 82,800 on the 6th.

This is also a real example of price and time squaring:

The pivot date on 6 May aligned with the exact price level 82,760, and this is precisely where a change in trend is expected.This is how time and price interact — when they square, the market responds.

Time & Price Accuracy

These levels were calculated back in October last year, and they continue to work with precision.

This shows clearly how markets are not random — they follow math, geometry, and universal laws.

The same applies to timing.

The 6 May date was projected months ago (shared back in February), along with:

14 Jan, 6 Feb, 26 Feb, 17 Mar, 14 Apr, 6 May, 14 Jun and 25 Sept.

So far, every one of these dates has produced a reaction or turning point.

Current Structure

Importantly:

The structure is not broken yet.Price is still trading inside the channel.

Key Levels to Watch

First level: 80,700If price breaks below it and turns it into resistance, the high is confirmed and we continue down.

Second level: 82,760Although I don’t expect a break above it, if we do, structure shifts and upside targets open between 85K and 90K.

Important Scenario

If price breaks higher:

Bears will think the trend has reversed.Bulls will become overly confident and start calling for new highs and a “super cycle”.

This is how the market traps both sides.

Bearish Confirmation

First real sign of weakness:

Break below 74,270.

That would confirm loss of structure and continuation of the broader downtrend.

Next Pivot: 10 May

Something else I want to remind you of — a planetary move started on 1st May and runs until 10th May.

These moves typically behave in one of two ways:

1️⃣ Price continues in the same direction for the entire period 2️⃣ Price reverses at the midpoint

The midpoint for this cycle was right on the cusp between the 5th and 6th.

👉 So far, the 6th has printed a high.

Now, what does this imply?

If price continues to push higher after the 6th, then:

The move is likely following the full-cycle continuation scenario, which means the final high could shift toward the 10th (next pivot)

This is something to watch closely over the next few days, as it will help confirm whether we’ve already topped — or if there’s one more leg into the 10th.

Summary

5–6 May marked a high. Perfect alignment of time and price (square-out example)Structure still holding for now80.7K → key downside trigger82.7K → upside invalidation85–90K possible if breakout74.2K → major bearish confirmation

Time gave the window.Price hit the level.Now we watch how the trend unfolds from here.

Bitcoin Astro

 
 
 

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