~$80k is a major technical support level. If you have a long-term investment outlook, then selling near $80k is probably a mistake.
However, there's no bullish catalysts on the horizon and the stock market, real estate market, and AI bubble look like they've rolled over (bear market signal).
Additionally, the uncertainty related to v30 / UASF and MSTR will take months to resolve.
If $80k can't hold, then the next major technical support level is ~$60k. $58k gang membership is probably 50/50 at this point.
I was expecting a counter-trend short squeeze rally from around ~$90k, but both attempts failed. This is an additional sign of weakness.
Eron
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Decentralization Enjoyer
Notes (7)
November 20, 2026
It 's difficult to make predictions, especially about the future.
My replies are becoming notes. I've been having issues with primal since the Cloudfare outage.
Any recommended sources?
Hide your power level.
I've learned this the hard way.
I'm still calling for a bounce up to $100k from these levels (~$90k) IF the markets can hold together, and hopefully rally, over the holiday season.