BTC This scenario I shared a few days ago is so far playing out almost perfectly. We’ve seen an explosive move to the upside to retest the $81k-$80k area, followed by a sharp selloff during which the September low got taken out. Buyers are now stepping in here, trying to push price back up. However, these longs could quickly fuel another move to the downside, which is why I don’t fully trust this pump so far. Don’t get me wrong, I do think this correction is close to being over, but for a potential trend shift, I want to see some kind of confirmation on lower timeframes first.