Daan Crypto Trades
Daan Crypto Trades|Oct 16, 2026 10:23
BTC Still yet to really test the shorts that came in above the $82K region after the hot CPI report on Wednesday. I suspect price will start squeezing once it tests the entry of the majority of those shorts in the white box. Because most of those positions are still comfortably in profit as we speak. That fuel should help to push this above last week's highs. Dream scenario for the bulls would be to do this today but it might be a bit too much to ask right before the weekend. On the downside, you don't want to start losing ~$81K because at that point this move up will just fully retrace in a Bart move. But with all the equal highs right above I think from a liquidity standpoint that $83K+ area makes sense to test,
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