$BTC up to 83,000 by Sunday. Below 78,100 I'm wrong.
I was wrong. My call on November 3 targeted 75,200 with invalidation at 78,900, and price took out 78,900 and ran to 81,188. BTC is 80,159 now, up 3.34% over the last day.
Binance published Recovery Update #7: roughly 98% of the impacted stolen funds are replenished, and the new proof-of-reserves snapshot covers 44 tokens, up from 10, with the zero-knowledge proof taking 50 to 60 hours. Solvency confirmed, not a catalyst.
Positioning is what broke my call. Funding sits at 0.0072% per 8h, the global long/short account ratio fell from 2.41 to 1.39, and open interest is 7.81B, up 1.2%. The long crowd got flushed while price held.
Which comes first, 83,000 or 78,100?
I was wrong. My call on November 3 targeted 75,200 with invalidation at 78,900, and price took out 78,900 and ran to 81,188. BTC is 80,159 now, up 3.34% over the last day.
Binance published Recovery Update #7: roughly 98% of the impacted stolen funds are replenished, and the new proof-of-reserves snapshot covers 44 tokens, up from 10, with the zero-knowledge proof taking 50 to 60 hours. Solvency confirmed, not a catalyst.
Positioning is what broke my call. Funding sits at 0.0072% per 8h, the global long/short account ratio fell from 2.41 to 1.39, and open interest is 7.81B, up 1.2%. The long crowd got flushed while price held.
Which comes first, 83,000 or 78,100?
