Max Trades|Oct 11, 2026 17:45
BTC
So far, so good.
As anticipated, price bounced from the $80k–$81k area and is now trading back inside the range.
Since Sunday moves often get retraced at least partially, I’m looking for a small pullback going into next week.
Right now, it looks like the move below the range was just another fakeout to wipe out some longs and bait people into expecting further downside.
That could leave a lot of late shorts trapped, potentially fueling the next larger move to the upside.
If the upcoming weekly close ends up being above $83k, which currently looks likely, I will look for a retest of the range lows to enter a continuation long targeting the unswept highs around $87k.
As long as price continues to hold inside the range, the highs remain the next logical target for me.
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