After we proposed starting the callback at $BTC and 82300, and up to September 16, this callback has run for 11 days. On September 14, we gave the first target position for the callback as 74900-75100, and then BTC fell to 74968.
Since BTC at 74968 has risen by 3600 points, if it can hold and rise to 77850, there is still momentum for the rebound. The next resistance level is 78777.
At present, I consider the pullback from 82300 to 74968 as a pullback within the larger uptrend from 57800 to 82300. I feel this is somewhat forced, because the duration is too short and the pullback magnitude is also somewhat unconvincing. But if BTC continues to strengthen afterward—for example, breaking 80000 and holding above it—then we would reassess the possibility of the whole pullback having already ended. Until then, for now we should still treat it as a strong rebound.
Historically, there has been one instance where, at the daily timeframe, the Gann low time appeared three weeks ahead of time in terms of weekly candles. That was on January 23, 2024, when BTC was in a bull market.
On September 18, 2025, we already said that the decline starting from 126200 would end in the third and fourth quarters of 2026. After that, it would be an uptrend of the same level as the rise from 15400 to 126200. Therefore, ever since late June to early July this year, for the big picture I have consistently remained bullish. At this point, the only question is: from where exactly the next leg upward begins. #BTC走势分析
Since BTC at 74968 has risen by 3600 points, if it can hold and rise to 77850, there is still momentum for the rebound. The next resistance level is 78777.
At present, I consider the pullback from 82300 to 74968 as a pullback within the larger uptrend from 57800 to 82300. I feel this is somewhat forced, because the duration is too short and the pullback magnitude is also somewhat unconvincing. But if BTC continues to strengthen afterward—for example, breaking 80000 and holding above it—then we would reassess the possibility of the whole pullback having already ended. Until then, for now we should still treat it as a strong rebound.
Historically, there has been one instance where, at the daily timeframe, the Gann low time appeared three weeks ahead of time in terms of weekly candles. That was on January 23, 2024, when BTC was in a bull market.
On September 18, 2025, we already said that the decline starting from 126200 would end in the third and fourth quarters of 2026. After that, it would be an uptrend of the same level as the rise from 15400 to 126200. Therefore, ever since late June to early July this year, for the big picture I have consistently remained bullish. At this point, the only question is: from where exactly the next leg upward begins. #BTC走势分析
