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Joined December 2020
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$BTC may retest 82.6K
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$BTC 2022. Just facts.
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I know full well that many traders see this as momentum, but IMO it isn’t, at least not for building a solid long position. It might bounce up to, say, 82.2K to clear out liquidity, but in terms of probability, it’s not worth it for me. Any trade here feels like a gamble.
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Bitcoin will remain in a very wide sideways range until the summer 2027. Take it easy. The local highs have already been seen. Trade it on a weekly timeframe; you’ll never lose, and your sleep will improve significantly. Don’t just give your money away to the exchanges. Look at the forest, not just a tree.
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Any rebound from these levels (if any) on the Bitcoin daily chart should be viewed as an opportunity to continue selling. We have two more bearish months ahead within the four year cycle and no, the bull market has not arrived earlier than usual.
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Bitcoin spot volume is at a 3 day low. Volatility is coming very soon. Let’s see in which way.
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It did not and 80.5 retested.
If the daily $BTC candle closes above 81.5K, we could still see a recover toward 84K to fill the imbalance though we’d likely retest 81 or even 80.5K first and then we’ll see what happens next. Otherwise, we’re heading lower.
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There are three key levels to keep in mind for $BTC right now. As long as the price fails to reclaim 81.5, 82.2, and 82.9, it makes no sense to be bullish. Losing the 80 zone leads us straight to 75, leaving the liquidity at 88 pending for January 2027.
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We may see a rebound in Bitcoin at the Wall Street close.
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If the daily $BTC candle closes above 81.5K, we could still see a recover toward 84K to fill the imbalance though we’d likely retest 81 or even 80.5K first and then we’ll see what happens next. Otherwise, we’re heading lower.
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SPOILER: No one is going to correctly predict Bitcoin’s price action for this Q4. Be very careful with self-conviction.
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If you see BTC get rejected at 82.9K (the May highs) an eighth time, that’s good news—we’ll be able to buy back in at a lower price.
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Is it really that hard to see? Just do the simple thing. bitcoin:native
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Oil has been holding above $100 for 6 weeks now. This is disastrous for production and transport costs. The November 13th inflation data will be much worse than today's, and the market will undoubtedly price it in. I am bearish in the short term.📉
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If Bitcoin remains below the $82.5k zone this week (weekly close), there will be no reason to remain bullish for this Q4.
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hyperliquid:native has a clear path to the $65 zone next 15-20 days. 1. Re-entry into the long-term wedge. 2. Bearish divergences on the indicators. 3. Fibo buy zone coincides with the 200 EMA. It's as simple as that.
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