Killa|11月 04, 2026 19:00
Sure, I am bullish on BTC, but let’s observe the current structure.
We had a strong reaction from the lows into midterms. Price swept the previous monthly low and triggered an aggressive short squeeze.
The HTF structure is definitely bullish. On the LTFs, though, we’re approaching a critical area: the previous range resistance that we broke below.
I mentioned that we could range for some time, so BTC may continue trading within this range. Which makes observing this key. If we can’t flip it, we’re still in the lower boundary of the range.
If we do flip this box, it will likely trigger an aggressive short squeeze towards 87K–88K, where things get more interesting.
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