🚨MY OCTOBER BTC CALL AND HOW IT PLAYED OUT🚨
It’s been a while since my last post. Now I am ready to start new bullish cycle. I hope you guys are doing great! 😎
Let’s start from analyzing our success first💪🏼
🔸I’ve mentioned cycle completion → ✅ October’s ~$126K became the cycle top.
🔸Secure gains & reduce leverage → ✅ Major correction and liquidations followed.
🔸$85K–$90K pullback target → ✅ BTC dropped to ~$85K.
🔸$70K stronger support → ✅ BTC eventually broke below $70K.
🔸Prepare for accumulation → ✅ The market entered a deep correction phase.
Based on that we can make short term prediction based on current situation:
BTC is showing a bearish divergence on the 4H timeframe while the market is becoming overbought. After such a massive upside move, a healthy correction is not only possible it’s needed.
I’m watching for a pullback toward $68-$70k (strong support zone) before the next major move.
⚠️ Don’t chase the pump. Manage risk.
#BTC #BearishAlert #pullback
It’s been a while since my last post. Now I am ready to start new bullish cycle. I hope you guys are doing great! 😎
Let’s start from analyzing our success first💪🏼
🔸I’ve mentioned cycle completion → ✅ October’s ~$126K became the cycle top.
🔸Secure gains & reduce leverage → ✅ Major correction and liquidations followed.
🔸$85K–$90K pullback target → ✅ BTC dropped to ~$85K.
🔸$70K stronger support → ✅ BTC eventually broke below $70K.
🔸Prepare for accumulation → ✅ The market entered a deep correction phase.
Based on that we can make short term prediction based on current situation:
BTC is showing a bearish divergence on the 4H timeframe while the market is becoming overbought. After such a massive upside move, a healthy correction is not only possible it’s needed.
I’m watching for a pullback toward $68-$70k (strong support zone) before the next major move.
⚠️ Don’t chase the pump. Manage risk.
#BTC #BearishAlert #pullback
