🚨 Day 364: Bitcoin Was Supposed To Bottom This Week
2 extracted signals · 0 resolved · 2 still active
Kyle Chasse cryptoIndependent analyst profile- Source published
- 05 Oct 2026, 20:30 UTC
- Recorded by Tahlil Plus
- 05 Oct 2026, 21:26 UTC
AI-generated source summary
The weekly chart for Bitcoin (BTCUSDT) shows a strong bullish trend, having completed six consecutive weeks of gains and is now approaching its previous yearly high. The 50-week EMA (orange line) is acting as support, and the overall market sentiment is bullish. A key level to watch is the $85,250 mark; a break above this could signal a continuation towards new all-time highs. The failure bound for this bullish thesis is set below the $67,000 level, which would invalidate the current uptrend. Ethereum (ETHUSDT) and Avalanche (AVAXUSDT) are also showing bullish signals on their respective charts, mirroring Bitcoin's upward momentum. Both have recently seen bullish buy signals and are trading above their key moving averages, suggesting potential for further upside. The fail bounds for ETHUSDT and AVAXUSDT are set below $2,400 and $8.50 respectively, below which their bullish outlook would be invalidated.
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Tahlil Plus independently records and evaluates public market predictions. Extraction may be AI-assisted and results follow the Tahlil Plus methodology. This information is not financial advice.