Max Trades|Nov 05, 2026 21:31
BTC
Even though yesterday’s pump has already been erased entirely, nothing really changes.
BTC is still sitting within a major support area, and I’m expecting a higher low to form soon.
For me, there are two scenarios for where this current correction could come to an end.
Either we get a sweep of the September low followed by buyers quickly pushing price back up towards $80k.
Or we continue slightly lower to retest the Golden Pocket of the initial breakout move out of the bottoming range, which sits between $72k and $71k.
From there, we could see a V-shaped recovery that quickly sends price back above $75k.
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