Recap What i posted on 1st of November
Bitcoin Update: The Drop Played Out — What's Next?
Back on November 1st, I shared my prediction that Bitcoin was heading for a pullback. True to form, the market dropped heavily as expected by November 6th.
Initially, I thought BTC might push up toward the $82K mark first to sweep some liquidity before crashing, but the rejection happened slightly earlier around $81K.
Right now, the price is consolidating in the $75K–$76K range.
💡 My Current Outlook:
The Setup: Sticking to my original Nov 1st thesis, I’m expecting one more leg down to clear out weak hands before we see the major impulsive move everyone is waiting for.
Key Support to Watch: If $75K fails to hold, expect a fast slide down to the $68K–$69K zone.
Patience is key in this market. I'm sitting on my hands and waiting for the right confirmation before making the next move.
What are your targets? Are you buying this dip or waiting lower? Let me know below! 👇
$BTC
$APPB
$AKE
#Bitcoin #BTC #CryptoTrading #MarketAnalysis #BinanceSquare
Bitcoin Update: The Drop Played Out — What's Next?
Back on November 1st, I shared my prediction that Bitcoin was heading for a pullback. True to form, the market dropped heavily as expected by November 6th.
Initially, I thought BTC might push up toward the $82K mark first to sweep some liquidity before crashing, but the rejection happened slightly earlier around $81K.
Right now, the price is consolidating in the $75K–$76K range.
💡 My Current Outlook:
The Setup: Sticking to my original Nov 1st thesis, I’m expecting one more leg down to clear out weak hands before we see the major impulsive move everyone is waiting for.
Key Support to Watch: If $75K fails to hold, expect a fast slide down to the $68K–$69K zone.
Patience is key in this market. I'm sitting on my hands and waiting for the right confirmation before making the next move.
What are your targets? Are you buying this dip or waiting lower? Let me know below! 👇
$BTC
$APPB
$AKE
#Bitcoin #BTC #CryptoTrading #MarketAnalysis #BinanceSquare
