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Published 4 Nov 2026, 08:33 UTC · fetched 4 Nov 2026, 09:14 UTC
Daan Crypto Trades
@DaanCrypto
Quoting · 31 Oct 2026, 21:01 UTC · context given to the AI
$BTC Held on to the $76K level. I think that is your short term invalidation level on this bounce. Below there I think we go down to test the $72K-$73K support as the next level up. But this $76K area has a lot of confluence as you can see. - Daily 200EMA - Bull Market Support Band - 0.382 Fibonacci Retracement level from the full high timeframe leg up. We've had some heavy weather with a lot of events like FOMC, (disappointing) Tech earnings, Elections (midterms next week to go), the biggest hack in history and geopolitical uncertainty. So considering all that, $BTC has not been doing bad at all. Let's see if it can hold that strength and join the upside whenever stocks do see some relief again.$BTC Holding on also after the midterms. This was the last major point of uncertainty for the market, but as I mentioned before, I think whatever outcome we had was going to be better than sitting in uncertainty before. A lot of capital derisked into the most event heavy 2 weeks in a long time. Then we had the biggest hack in history sprinkled on top. I do still like the $76K level as a solid higher low area. In case we lose it we can look slightly lower. But support is support until it isn't. Everything in this area is good long term value in my opinion.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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