Daan Crypto Trades|11月 14, 2026 21:02
BTC Looks like we simply just repeated the same thing again but at a slower pace.
Big move up and breakout above previous highs, fail to follow through and reject heavily.
During the down trend initially this always led to new lows but this time we did make a higher high.
So currently we're kind of in limbo where technically the weekly made a higher high and anywhere here would still be considered a higher low.
But the chart looks extremely messy to say the least. We need to see some kind of consolidation so see where this wants to go.
The weekly 200MA/EMA sit at ~$68K and would be a key level for the bulls to try and maintain asap as a major support area.
Share To
Timeline
HotFlash
APP
X
Telegram
CopyLink