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Published 16 Sept 2026, 14:55 UTC · fetched 6 Nov 2026, 14:17 UTC
Kayne (formerly Penguin)
@ThePenguinXBT
Quoting · 10 Sept 2026, 07:45 UTC · context given to the AI
$BTC update 🧪 Price printed a 3-wave move from the original AOI, which justified closing the long. It was a nice area for a bounce, but the latest PA suggests this correction may need more time. I can’t confidently count it as an impulse down or a flat yet. My primary view is a double zigzag lower, with $74.4K as the main area I’d look for longs. If price bounces first, a sweep around $76.8K could offer another long setup, with $84K as the target.$BTC update 🧪 We’re getting the extended correction we were looking for. Price never swept the news-wick high or printed a fresh high - something I’d usually expect from an ABC up or a classic 3-wave move. Therefore didn't catch a short. My swing-long area of interest remains unchanged. I’m sidelined until price reaches it. This also fits the broader altcoin structure, which currently looks more like WXYs than standard ABCs higher.View original on X ↗
Deterministic: the same prices and policy always give the same result
unscored Awaiting manual review
Only the end-of-horizon price counts. A brief move followed by a reversal is not a success. Read the methodology
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