Published 28 Jul 2026, 10:00 UTC · fetched 3 Nov 2026, 10:58 UTC
Merlijn The Trader
@MerlijnTrader
BITCOIN NECKLINE BROKE. RETEST FAILED. FLUSH DELIVERED. That's a completed head and shoulders, not a forming one. Price at $63,239. Lose $60K on a weekly close and I'm wrong. The bearish part is behind us, not ahead. https://t.co/6qGe9dlxMuView original on X ↗
Deterministic: the same prices and policy always give the same result
r = 64395.34 / 63401.11 − 1 = +1.6%d × r = -1.6% (neutral only if the price is unchanged) → incorrectOnly the end-of-horizon price counts. A brief move followed by a reversal is not a success. Read the methodology
Uses only text available at publication time
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