Published 23 Oct 2026, 14:21 UTC · fetched 26 Oct 2026, 06:06 UTC
Michaël van de Poppe
@CryptoMichNL
Quoting · 22 Oct 2026, 20:00 UTC · context given to the AI
In terms of $BTC, it's kind of in nomansland, again. Last moves have been fueled by news, but from a technical standpoint, it wouldn't be weird if the markets will see a deeper correction. Just use the previous price action as an example. Twice we've seen liquidity to the upside been taken. Then, a fast, swift move down, before momentum started to turn and we've had the strong breakout and momentum back on #Altcoins. Ideally, if you'd want to look for longs, there are two spots that we'd be eager to go for. 1 - The sweep beneath $80,000 (which is between $78,400-79,700 as an area). 2 - The invalidation of this downwards pattern is when the markets are breaking up above $82,900. That would signal to me that we'll be taking out the highs and will see a new yearly high.I've mentioned it yesterday, but there's not much of a chance on the price action of #Bitcoin currently. The best case would be that we're seeing a sweep of the lows here, and then we're ready to roll back upwards. We're still at the end stage of the correction. https://t.co/BMn99kblev https://t.co/WFxXfyOlahView 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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