A few notes on the $BTC chart: -If price loses 75k, I don't really see many strong levels until the 65ks. I expect there to be a bounce before then but the levels aren't super…
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A few notes on the $BTC chart: -If price loses 75k, I don't really see many strong levels until the 65ks. I expect there to be a bounce before then but the levels aren't super clean to me. -Zooming …
A few notes on the $BTC chart: -If price loses 75k, I don't really see many strong levels until the 65ks. I expect there to be a bounce before then but the levels aren't super clean to me. -Zooming out even further, it seems as if we're just in 1 gigantic trading range for nearly all of 2026. The range highs just got tapped. -I don't expect us to go to the range lows unless macro gets really really awful. That's reaching 60k again -Price may want to fill out the 2 illiquid moves in the yellow boxes. When price blitzes up or down, usually you'll see price slowly creep up (or down) and fill that void; it's almost like a CME gap. If this happens then we're in for a multiweek chop in the 66k-74k area. -All in all, I still believe we are in for a multi week chop event regardless. This could certainly be a local bottom and it's still a decent support region that has held multiple times over the past few weeks. Support is still support until shown otherwise. -Expecting altcoins to continue downtrending for the most part though. Many are down 30-50% from their local highs and I don't see this shifting until bitcoin can find a bottom. -I still am very bullish for 2027 and we do have some nice potential catalysts coming: Iran will eventually get settled, we'll probably have less cuts in 2027 (hopefully), and AI will also recover eventually. We just need to get through this next period. Probably a good time to touch grass
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