Rekt Capital|Oct 18, 2026 15:22
#BTC
The way to think about this is as follows:
Bitcoin is currently down -9%
If ~$80k is turned into new resistance then there's a good chance of lower prices
However -30% pullbacks tend to occur only later in the Bitcoin Cycle (Post-Halving) so such a retrace at this stage in what is most likely an early-stage Bull Run is low probability
Which leaves the "more than -10% to less than -25%" retrace mark viable candidates for a local bottom
In saying that, historical Pre-Halving retraces in the prior cycle ended around the -22% mark
This narrows it down even more to where a local bottom could take place in the vicinity of a "more than -10% to less than -22%" retrace
And so provided that Bitcoin is an early-stage Bull Market (and there's a very good chance this is already the case) then anything from -11% to -22% is technically bargain territory
And seeing as Bitcoin is down -9% already, that means Bitcoin is pretty much entering the bargain region already
The question comes down to how much of a bargain does one want access to and how much risk is one willing to take in waiting for lower prices that may or may not come
Dollar cost averaging for the rest of 2026 probably solves for that
BTC #Bitcoin
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