Published 20 Oct 2026, 14:32 UTC · fetched 3 Nov 2026, 10:59 UTC
Daan Crypto Trades
@DaanCrypto
$BTC Loves following this pattern. During 2023-2025 we saw the same during the entire run up. 1. Volatility low, compression high, sentiment worsens 2. Sweep local lows (sometimes several times) 3. Retake previous low 4. Quick move towards top of range 5. Big move outside of range into new highs Yet, during every consolidation, calls for a top happen and people willingly sell their coins. The easiest thing to not have this happen to you is to wait for candle closes and to see if a "break" below sees any follow through. As you can see in these cases we had a few small breakdowns and price action below the initial support levels. Yet, there was never any considerable follow through lower. This means a lot of absorption is taking place. Then when price recovers, sellers are mostly out and it flies with added short fuel too. In today's case, $83K is a good first level for the daily closes to watch. From there, if bullish, you'd want to see quick acceleration to $87K+ without too much hesitation. Generally this takes less than a few days if the past 2 cases are of any indication.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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