Max Trades|Nov 04, 2026 14:01
BTC
The Friday low has now successfully been taken out.
After a quick sweep below $76k, we’ve seen another strong bounce, which sent price back towards the highs of this current LTF range.
My short term bias remains bearish until BTC reclaims $80k, as price is still trading below this key breakdown level and buyers haven’t managed to shift structure back in their favor yet.
I’m expecting a short deviation above the recent highs to take out some additional shorts before price reverses and re-enters the range.
If we do get a push towards $79.5k after NYO, I’ll be looking to take a short scalp, targeting the lows.
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