The last 4 times we visited this level [Nope Zone], BTC saw a healthy distribution, sending us back down.
Now sentiment is up, rate cycle is over, we saw minimal sellers on the move up thru Sept..
Will bulls bring enough demand to absorb selling at the Nope Zone this time?
I give it around 60% odds of recovering this level.
But if we don't make it this time, just stack and be patient. More upside is incoming in Q4.
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