Vladimir Ribakov analyzes Bitcoin's April 30, 2026 price action, noting it has broken to lower lows and compressed into smaller candles, signaling buyer exhaustion. He identifies a specific zone where sellers previously took control as a strong sell signal if price returns there, and suggests a final push upward would be the cue to enter short positions.
Chapters
And the final one is Bitcoin. What's up with the Bitcoin? So it's very simple, I would say. As this low right here managed to break and make lower lows, usually the following price reaction is the retraces. Up to where? Look at this range. This is where the sellers took control from. Therefore, this range becomes zone of interest. So there is also this spiking zone. You see here the spike that becomes a very, very good zone to look for the sell. So if the Bitcoin managed to climb towards that, that should be a very good sign for the sell. On the daily chart, it starts to look like a kind of price compression, which means the wave to the upside starts to happen slower, slower, slower, slower, slower, slower, smaller and smaller and smaller candles in average. And that means the buyers are exhausted and sellers are about to take the control. So if we do have this kind of final manipulative push on Bitcoin, for me, this is a sign to look for the sells. Until then, I would not be surprised if after some retraces Bitcoin will try to climb closer to this zone before, before the sellers hit the market again.