Caleb Franzen|Nov 02, 2026 12:08
Gm risk takers.
I sense another retest of the 200-day MA cloud.
Probably a little bit lower than the last retest, which literally ticked the 200-day EMA (blue).
It would be a sweep of $74k - $75k.
Many will panic, anticipating a dip below $70k & they'll freeze.
And hey, maybe that dip does come...
But my plan, without question, is to stack hard in the cloud.
One of the key points that I started to share in Nov.'25 is the importance of maintaining composure so that I could buy during periods of short-term capitulation.
My intention is to keep buying those capitulation moments, when everyone else is saying "it's so over" & it even feels hard to click the buy button.
But that is the sacrifice I must make to be data-backed.
I'll buy the 200-day MA cloud.
I'll buy the short-term holder realized price ($75.7k)
I'll buy the AVWAP from the July 2026 lows (green).
And I'll buy the 200-week MA cloud ($67.8k - $69.8k)
That's my plan.
Embrace nuance and good luck to all.
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