BITCOIN: IT’s A TRAP!!!!!!!! [urgent]
MMCrypto · · 04:17 · Watch on YouTube
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BTC near publication: $80,9784-hour candle close · 24 Oct 2026, 04:00 UTC · BTC/USDT
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- Next weeks (next 2–6 weeks): Waiting on 82k:
this weekly candle to close, whether it's above 82,000 or below 82,000, will tell us with a high degree of certainty what is going to happen throughout the next few weeks.
▶ 03:59
If this, then that
- If Sunday weekly candle closes below 82,000, confirming the W pattern flips bearish, then no target given (next weeks, by Sunday):
confirmation of a bearish continuation. We talk about everything. and we talk about price targets. For this to happen, we would need to close Sunday. The Sunday weekly candle needs to close below 82,000.
▶ 02:11 - If Break above 86,700 confirms the breakout to the upside, then no target given (next weeks):
where we said we need to break above 60 uh $86,700 right there uh to confirm the breakout towards the upside.
▶ 00:15
Levels named
- 102k: Target (upside target of the W pattern if it breaks up):
Whether we are going to break towards the upside, hit 102,000 or whether we are breaking down.
▶ 00:52 - 86.7k: Resistance (previous rejection point; break above confirms the W pattern breakout):
where we said we need to break above 60 uh $86,700 right there uh to confirm the breakout towards the upside.
▶ 00:15 - 82.2k: Support (neckline of the W pattern on the weekly chart):
Bitcoin is breaking below the neckline is at as you can see $82,200 and we are below that.
▶ 01:52 - 82k: Support (weekly close below it would negate the W pattern):
For this to happen, we would need to close Sunday. The Sunday weekly candle needs to close below 82,000.
▶ 02:15 - 72k: Target (downside area if the W pattern is negated):
Right? And then of course uh we we we can look at $72,000 uh approximately more or less but so far we are not confirming this yet.
▶ 02:56
Their own position: Holding, with leverage. the whole trade I didn't scale up down. It's still the same. I still have the same liquidation price, same entry price and we are there