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Published 1 Jul 2026, 08:38 UTC · fetched 3 Nov 2026, 10:59 UTC
That Martini Guy ₿
@MartiniGuyYT
The weekly chart still doesn’t look convincing. Bitcoin remains well below the 50-week moving average, which is now sitting around $88,500. Historically, this moving average has acted as an important trend indicator. Right now, it’s sloping lower while price continues trading beneath it. That’s not what you want to see if you’re looking for a sustained recovery. Bitcoin is sitting on a major support zone around $58,000-$60,000. If that level fails to hold, the downside opens up considerably. For now, the higher-timeframe trend remains under pressure until Bitcoin can reclaim the 50-week moving average.View original on X ↗
Deterministic: the same prices and policy always give the same result
unscored Repeat call within an existing 24h episode
Only the end-of-horizon price counts. A brief move followed by a reversal is not a success. Read the methodology
Repeated same-asset, same-direction calls count once, anchored to the first eligible post
Uses only text available at publication time
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