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Published 30 Jul 2026, 10:00 UTC · fetched 3 Nov 2026, 10:58 UTC
Merlijn The Trader
@MerlijnTrader
YES, THIS BITCOIN BOUNCE LOOKS REAL. SO DID THE LAST TWO. February: range, then a rally to $97K that trapped buyers, then a flush to $60K. June: range, then a rally to $83K, then a flush again. Both traps looked like the trend had turned. Both ended lower. Price is at $63,576, sitting at the top of the third range. One more trap and one more flush into the $60K test. Reclaim $68K on a weekly close and the sequence is broken. Two traps, two lower lows. I'll believe the third one when it holds.View original on X ↗
Deterministic: the same prices and policy always give the same result
r = 63850.42 / 64472.29 − 1 = -1.0%d × r = +1.0% (neutral only if the price is unchanged) → correctOnly the end-of-horizon price counts. A brief move followed by a reversal is not a success. Read the methodology
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