Lennaert Snyder|Nov 14, 2026 15:51
BTC is currently testing crucial support levels.
We tapped the bottom of the 65.1K imbalance, with last line of defence at the daily 63.7K imbalance below.
As long as the daily bodies close within these regions we hold. Seeing body closures below 62.7K would be a very weak sign.
So going into next week it will be very important to monitor the daily closes on Bitcoin.
Both regions are valid for longs after the trigger if we hold them on the daily.
This drop happened on a Saturday, and we all know that weekend moves get retested/erased in the next week.
Just like that, we completely retraced the 63K impulse, great volatility though.
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