Cerberus Sell Signal: What Happened Last Cycle #Bitcoin #Ethereum #OnChain
1 extracted signal · 0 resolved · 1 still active
The Trading ParrotIndependent analyst profile- Source published
- 20 Oct 2026, 06:30 UTC
- Recorded by Tahlil Plus
- 20 Oct 2026, 12:27 UTC
AI-generated source summary
The analysis focuses on Bitcoin (BTCUSDT) and its potential downside movement. The speaker highlights a previous significant drop of 13% on a specific candle, which occurred after the price reached highs around 87,000-79,000. Currently, BTCUSDT is trading around 82,000. The speaker suggests that if the price fails to break above the recent high of 79,000 and instead moves down, it might follow a similar pattern to the previous cycle where a sell signal triggered a 13% decline, ending around 72,000. The current week's trading is around 82,000, and the speaker implies that a failure to sustain this level, specifically if it cannot hold above 79,000 and proceeds to break below 72,000, would indicate a bearish continuation. The target for this bearish move is set at 75,000, with a failure bound at 87,000, suggesting that any price movement above this level would invalidate the bearish outlook.
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