This is an important point that I've made before- but a low is only a relevant point in terms of market structure if it's the origin of a trending or impulsive move. A break of…
CrediBULL Crypto Published: 2026-11-03 02:55 UTC Collected: 2026-11-03 06:07 UTC Original language: Not supplied by source
This is an important point that I've made before- but a low is only a relevant point in terms of market structure if it's the origin of a trending or impulsive move.
A break of THIS low/high is a sig…
This is an important point that I've made before- but a low is only a relevant point in terms of market structure if it's the origin of a trending or impulsive move.
A break of THIS low/high is a significant shift in market structure.
Meanwhile a low/high that is formed as part of ranging/corrective PA is not as significant in terms of market structure because range lows/highs are often routinely swept and/or deviated above/below even during sideways PA.
The $BTC low at 74.8k is the latter (part of a range formation) and so moving below it is really not that big of a deal in terms of maintaining our uptrend that began in the low 60k's.
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In the last few days, Binance got hacked for 6B, has now fully covered all lost assets, has begun opening up withdrawals again, and $BTC still sits in its HTF demand zone while holding a higher low after dipping just 7% on the news. I think both sides of this range will get taken
You know I've always said my opinion or your opinion doesn't really matter when an asset is sitting in the Top 10 by marketcap. That definitively proves that what me and you believe is irrelevant, because the people who are actually putting their money where their mouth is are th