Caleb Franzen|10月 15, 2026 10:38
Listen, I can't guarantee anything.
Because I accept that nothing in the market is guaranteed.
But there are a few reasons why I remain unconcerned about Bitcoin during this correction.
1. I accepted that a correction/digestion was entirely possible, even as low as $72k, while still retaining bullish price structure above the 200-day MA cloud.
2. The actual price structure itself shows that this current range is valid potential structural support.
Again, is it guaranteed that price will use this range as support?
No.
But I look at the data and the data tells me that Bitcoin has entered a new bull market.
Therefore, I view a high probability that bullish setups in the context of a bull market should be effective.
This structural range (former resistance with the potential to act as current support after a recent breakout) is enticing to me and represents a bullish setup.
While I accept that a bullish setup isn't guaranteed to work in a bull market, I must also accept that this is the type of price structure that has produced bullish follow-through in similar bull market structures in the past.
I also accept that this setup might fail, but price could fall further to the 200-day MA cloud and still represent bullish dynamic structure!
In other words, this new bull market isn't conditional on this structural support zone holding!
For nearly two months, since the initial breakout above the 200-day MA cloud, I've told investors to prepare for an eventual retest of the same 200-day MA cloud, which would provide another opportunity for investors (like myself) to allocate into potential dynamic support.
That's still my plan, by the way, if/when we get there.
I can't comfort you.
I can't press buy/sell for you.
I can only tell you what I'm seeing in the market, how I'm interpreting it, and what my plans are, based on data/structure.
That's all I've ever done and what I'll continue to do.
I'll also tell you (and remind you) to embrace nuance.
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