Max Trades|10月 09, 2026 23:32
BTC
There is one thing that clearly separates the current price action from this 2023 fractal.
Back in 2023, we saw an almost perfect sweep of the previous swing high, followed by a sharp pullback before the next leg up.
However, this time around, price has established a clear higher high and we’ve already seen two consecutive weekly closes above the previous high.
To me, that is a clear sign of strength, and as long as price can hold above the previous high, I favor another expansion to the upside.
I’m aware of the fact that even during bull markets, larger pullbacks are inevitable. But for me to expect further continuation to the downside, this level simply has to be invalidated first.
If we do get a weekly close below this level, though, I’d consider a deeper retest into the $77k–$75k region likely.
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