Daan Crypto Trades
Daan Crypto Trades|Oct 26, 2026 19:34
BTC Big week(s). Either Bitcoin holds $80K throughout these next 1-2 weeks with: FOMC, Earnings, Election(s), IPO filing(s), End/Start of the month flows & whatever geopolitical headlines we're going to see. In that case I think we go to $87K and take out those equal highs there and target $90K+. If price does lose $80K we'll find ourselves in a solid high timeframe value area (I think) in the mid to low $70Ks. Might chop around there for a while and things will look scary. But from there I do believe we have a good chance of setting that higher timeframe higher low from the big impulse from $58K to the recent high at $87K. Best to keep an eye on the headlines and see how the market reacts. That will be leading. I think sentiment and outlook is pretty bearish already so if we were to absorb whatever selling happens down here and prices just start grinding up that'd be a big sign of strength to me and at that case I think this will just keep drifting up by shorts covering and sidelined/derisked capital moving back in over the days. It's going to be very easy to get chopped up or shaken out of your bias in the next 1-2 weeks I think. Easiest to just play things level by level and go from there. Don't assume supports or resistances break until you actually see it broken (on a daily candle close for example). That is how many people keep getting caught off guard.
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