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Published 18 Oct 2026, 14:22 UTC · fetched 3 Nov 2026, 10:59 UTC
Daan Crypto Trades
@DaanCrypto
Quoting · 16 Oct 2026, 10:17 UTC · context given to the AI
$BTC Still yet to really test the shorts that came in above the $82K region after the hot CPI report on Wednesday. I suspect price will start squeezing once it tests the entry of the majority of those shorts in the white box. Because most of those positions are still comfortably in profit as we speak. That fuel should help to push this above last week's highs. Dream scenario for the bulls would be to do this today but it might be a bit too much to ask right before the weekend. On the downside, you don't want to start losing ~$81K because at that point this move up will just fully retrace in a Bart move. But with all the equal highs right above I think from a liquidity standpoint that $83K+ area makes sense to test,$BTC Chopping around during the weekend with some local liquidity sweeps. But the $83K+ area remains untested and there's still ample short liquidity in that region. I think even in a bearish next week scenario, it would make sense for price to take out those positions. If you see a squeeze into that region and BTC failing to retake $84K+ it could be a decent short trigger. But I do believe if price trades into that area it will squeeze higher with the fuel it has. Downside invalidation is sub $80K. At that point we can start preparing for a bleed lower to $75K & $72K as major high timeframe levels. Just playing things level by level here.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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