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Coming up to the sell around 65k ... then take the lows, I measure 61,500 for the reaction... out of there, once price closes a higher high, buy the higher low with stoploss at the 61k area for a push into 74-75k. This is likely to be an upthrust in an accumulation range. Next would be the "spring" ... targeting 52k for the spring and that can be the swing failure for a reversal. Sentiment is pretty bad in this range and the opportunities are being presented to sell and many charts i see posted out there have much lower targets... this has the makings of a major bottom being put in at a 50% decline from ATH.

Published Feb 28, 2026Updated Feb 28, 20262 min read
Coming up to the sell around 65k ... then take the lows, I measure 61,500 for the reaction... out of there, once price closes a higher high, buy the higher low with stoploss at the 61k area for a push into 74-75k. This is likely to be an upthrust in an accumulation range. Next would be the "spring" ... targeting 52k for the spring and that can be the swing failure for a reversal. Sentiment is pretty bad in this range and the opportunities are being presented to sell and many charts i see posted out there have much lower targets... this has the makings of a major bottom being put in at a 50% decline from ATH.
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