Bitcoin Is Near Resistance… But The Rally May Not Be Over
May 11, 2026•Channel
AI Analysis
Data from YouTube Data API v3•Updated Just now
Video Overview
Video Details
Published2 weeks ago
Duration1:23
Video ID7EEACwJ0Bc8
Languageen
CategoryEducation
PrivacyPublic
Made for KidsNo
Video TypeRegular Video
Performance Metrics
Views555
Likes22
Comments0
Engagement Rate3.96%
Likes per 100 views3.96
Comments per 1K views0.00
Video Tags
#bitcoin#btc#bitcoin analysis#bitcoin price#bitcoin today#bitcoin elliott wave#bitcoin bear market#bitcoin prediction#bitcoin technical analysis#btc analysis#btc price#crypto bear market#bitcoin bounce#bear market rally#bitcoin 2026#bitcoin crash#bitcoin recession#bitcoin macro#bitcoin bull trap#crypto downtrend
Description
Bitcoin continues to trade just below major resistance while the larger market structure still points toward a potentially corrective B-wave rally.
In today’s update we discuss:
• Why the rally still lacks confirmed bullish impulsive structure
• The key Fibonacci levels and liquidation clusters above price
• CME gaps between 77K and 84K
• Why 83.5K–84K is such an important region
• The risk of a larger C-wave decline afterward
• The short-term bullish setup currently unfolding
• Important micro support levels traders should monitor closely
We also take a look at:
• Bitcoin liquidation heat maps
• Open interest and funding rates
• CME gaps
• Elliott Wave structure
• Key support and resistance zones
Timestamps
00:00 Bitcoin Sitting Below Major Resistance
01:08 Why The Current Rally Still Looks Corrective
02:07 What Bitcoin Needs For A Confirmed Bullish Trend Change
03:17 Why A Larger B-Wave Rally Could Still Extend Higher
04:24 Fear & Greed Comparison With Previous Bear Market Rally
05:29 Why The Market Could Still Push Toward 85K–96K
06:17 Key Support Levels Traders Should Watch
07:02 CME Gaps Explained And Why They Matter
08:24 Why 95K–96K Cannot Be Ruled Out Yet
09:35 Understanding The Bigger Picture vs Short-Term Trend
10:21 Bitcoin Liquidation Heat Map Analysis
11:28 Open Interest, Funding Rates & Market Positioning
12:44 Why Backwardation Supports The B-Wave Thesis
13:51 The Important 83.5K–84K Liquidity Cluster
15:06 Why Liquidity Above 84K Starts To Thin Out
16:19 Key Micro Support Levels On The 15 Minute Chart
17:13 Important Invalidation Level At 79,260
18:12 Why The Short-Term Trend Still Remains Up
19:10 Final Thoughts And Risk Management
-----------------------------------------------------------------------------------------
🧿 MCO Global:
💻 https://www.mcoglobal.com/
✉️ Join the FREE Newsletter:
👉 https://mcoglobal.com/newsletter/
🧿 Join the More Crypto Online Community:
👉 https://www.mcoglobal.com/memberships OR
👉 https://www.youtube.com/channel/UCngIhBkikUe6e7tZTjpKK7Q/join OR
👉 https://www.patreon.com/morecryptoonline
🧿 Join the MCO Stocks & S&P500 Community:
👉 https://www.patreon.com/moretradingonline
-----------------------------------------------------------------------------------------
🧿 Social Media:
👉 X / Twitter:
https://x.com/Morecryptoonl
👉 Instagram:
https://www.instagram.com/morecryptoonline_official/
🔗 All Links: https://linktr.ee/morecryptoonline
✉️ Contact: [email protected]
-----------------------------------------------------------------------------------------
🧿 Exchanges & Brokers (Affiliate Links):
👉 Trade on Bybit:
https://partner.bybit.com/b/MCO
👉 Trade on Bitget:
https://partner.bitget.com/bg/MoreCryptoOnline
👉 Trade with XTB – a global, regulated broker offering 7,100+ stocks and 1,400 ETFs
🔗 https://geolink.xtb.com/XjNyk
(Please note: XTB services are not available to U.S. clients.)
-----------------------------------------------------------------------------------------
🧿 Research & Tools (Affiliate Links):
👉 Tradingview - Chart software
Get a $15 discount on your first subscription:
https://www.tradingview.com/?aff_id=108760
👉 Bitcoin Magazine Pro – On-chain data & research
Get 20% off with code: 20MCO
https://www.bitcoinmagazinepro.com
👉 CoinTracking – Portfolio & tax tracking
Get 10% lifetime discount with this link:
https://cointracking.info/?ref=B776587
👉 Protect your cryptocurrencies with Trezor:
https://bit.ly/morecryptoonline
👉 Protect your cryptocurrencies with Ledger:
https://shop.ledger.com/?r=0fb3c8be2e46
👉 Stay safe with NordVPN:
https://go.nordvpn.net/SH4s0
-----------------------------------------------------------------------------------------
⚠️ Disclaimer
The content provided on this channel is for informational and educational purposes only. It does not constitute financial advice, an offer or solicitation to buy or sell any financial instruments, or a financial service under applicable laws.
All analyses and opinions expressed are strictly personal views. You are solely responsible for your own investment decisions and act at your own risk. Always consider your individual risk profile and, if necessary, consult with an independent financial advisor.
Some of the links provided in this description may be affiliate links. If you choose to use them, MCO Global may receive a commission – at no additional cost to you. Thank you for supporting the channel.
⚠️ Important: Affiliate links related to cryptocurrency exchanges are not available to residents of the United Kingdom, the United States, or any other restricted jurisdictions. Please check the laws and regulations that apply in your country before using such services. Other affiliate links (e.g. VPN, hardware wallets, software tools) are unaffected.