Yeah that setup looks familiar 👀
*Current snapshot - Aug 22, 2026 morning:*
- *BTC*: trading around $77K - $78.7K. Hit $79,320 intraday high, which lines up with your #BTCSurpasses$72000 tag
- *ETH*: around $2,434 - $2,522. Also above your #ETHSurpasses$2300 f722dd5f4158a6e4
So we _are_ well above that $69K level you mentioned.
*On the $69K retest idea:*
Historically that pattern you described makes sense. After bear market bottoms, the first break out of the accumulation zone + a successful retest as support is usually the "all clear" signal. If $69K holds on any pullback, it would flip that old resistance into support and confirm the cycle bottom like previous cycles.
*Your swing long from $59.4K*: nice entry. You’re sitting on ∼30%+ unrealized right now even with BTC around $77K. f722
Analysts are also noting this is BTC's best 5-day stretch since 2023, and institutional flows + ETF inflows have picked up the last couple days. That matches the "bottom confirmed" thesis. 57c700b1
$ONG — are you watching that one for the BTC move to bleed into alts next?
What’s your plan if we do get that $69K retest? Add, or just let the swing ride?#BTC☀️
*Current snapshot - Aug 22, 2026 morning:*
- *BTC*: trading around $77K - $78.7K. Hit $79,320 intraday high, which lines up with your #BTCSurpasses$72000 tag
- *ETH*: around $2,434 - $2,522. Also above your #ETHSurpasses$2300 f722dd5f4158a6e4
So we _are_ well above that $69K level you mentioned.
*On the $69K retest idea:*
Historically that pattern you described makes sense. After bear market bottoms, the first break out of the accumulation zone + a successful retest as support is usually the "all clear" signal. If $69K holds on any pullback, it would flip that old resistance into support and confirm the cycle bottom like previous cycles.
*Your swing long from $59.4K*: nice entry. You’re sitting on ∼30%+ unrealized right now even with BTC around $77K. f722
Analysts are also noting this is BTC's best 5-day stretch since 2023, and institutional flows + ETF inflows have picked up the last couple days. That matches the "bottom confirmed" thesis. 57c700b1
$ONG — are you watching that one for the BTC move to bleed into alts next?
What’s your plan if we do get that $69K retest? Add, or just let the swing ride?#BTC☀️