Max Trades|11月 01, 2026 19:12
BTC
Weekly close is only a few hours away and, from what it looks like, it’s most likely going to be below our key support level at $79k-$80k.
A bearish close like this would significantly increase the chances of revisiting the pmL, which so far remains unswept.
With that in mind, I’m expecting price to first retest the grey zone at the start of next week, followed by one last push to the downside to take out this low.
If we do get that sweep, I don’t think price will spend much time below $75k and instead expect a strong impulse to the upside shortly after.
That’s why I’m looking to capitalize on both sides of this move by shorting a possible retest of $79k-$80k, while my bids for a long around $75k are already placed.
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