#BTC Historically, Bitcoin has enjoyed short-term relief going into and on the day of the Mid-Terms (2014 & 2018) Whereas BTC just dropped on the day of the Mid-Terms in 2022 Any downside post-Mid-Terms has progressively shallowed from cycle to cycle And the amount of time it has taken for a major low post-Mid-Terms to take place has compressed as well Therefore, key takeaways are: 1. Short-term relief into or on the day of Mid-Terms 2. Multi-week Post-Mid-Terms downside and weakness 3. Long-term upside afterwards $BTC #Bitcoin

#BTC There's the bearish retest confirmed Bitcoin has performed three consecutive Weekly bearish retests, turning old supports into new resistances $BTC #Bitcoin https://t.co/th2XJJjycW

#BTC Let's see how Bitcoin reacts from ~$76800 After all - "any lesser rally than the mid-September uptrend originating from this local ~$76800 support would be a sign of weakening support" If Bitcoin produces a weak bounce but rejects from ~$78300 then that's a weakening support at ~$76800 If Bitcoin actually just breaks down from $76800 or sets us for another bearish retest of this level, then of course that would be a more obvious sign of weakness at local support $BTC #Bitcoin

#BTC "If the 3-Day bearish retest is successful once again on this occasion, that could see price go below the recent local lows of ~$76000" Indeed, the 3-Day bearish retest was successful and price could very well go below ~$76000 $BTC #Bitcoin https://t.co/WybsoWuNT1

#BTC "Generally, Bitcoin has been on a proverbial roll when it comes to losing old supports and positioning to turn them into new resistances" The Bitcoin Newsletter from Monday makes for very interesting reading given recent downside https://t.co/cZLuZVJcuP $BTC #Bitcoin https://t.co/vUOKvHI9Tn

#BTC Since turned the 3-Day level of ~$81400 into new resistance, Bitcoin entered downside continuation And most recently, a new 3-Day Close took place below ~$78500 (black) Any rebound into that level and rejection from there would likely figure as a bearish retest to turn that level into new resistance $BTC #Bitcoin

#BTC Bitcoin sell-side volume has gained momentum as of late but still remains below-average and not yet close to capitulation levels that tend to occur at price bottoms $BTC #Bitcoin https://t.co/7GbhnzagKj

#BTC Bitcoin ultimately peaked in October 2025, in line with traditional Halving cycles And now it's been just over a year since Bitcoin peaked in its prior Bull Market And Bear Markets have typically seen price bottom a year after Bull Market peaks Of course, Bitcoin rebounded from $58k in the Summer of this year, forming a likely Bear Market Bottom sooner than has historically been the case But history also suggests that this current pullback may very well mark a major low (i.e. a likely Macro Higher Low) and thus a major opportunity for long-term Bitcoin investors $BTC #Bitcoin

#BTC As it stands, Bitcoin is positioned for yet another bearish Weekly Close Bitcoin would need to Weekly Close above ~$78300 to stave off additional downside, at least momentarily But even then, any lesser rally than the mid-September uptrend originating from this local ~$76800 support would be a sign of weakening support at ~$76800 Bulls have a lot of work to do to turn things around and at the moment the bears are in full control Let's see how the Weekly Candle Closes as that will offer more confirmation regarding the health of ~$76800 and ~$78250 as levels of historical reaction $BTC #Bitcoin

#BTC Bitcoin has performed consecutive bearish retests, turning first $82200 then $81400 into new resistances Weekly Close below any of these two local Weekly levels (~$78200 or ~$76800) and Bitcoin would set itself up for yet another bearish retest $BTC #Bitcoin https://t.co/x2EiLeVExO