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On July 5th, I mentioned paying attention to Gann timing 7.13. Then on 7.13, the $62,000 support was successfully tested, and from there, the price started accelerating upward. In the July 19th video, I provided an upward target of $66,900. Subsequently, $BTC reached $66,956 as expected on July 21st before facing resistance and pulling back. At the same time, I notified the group to close weak positions and reduce $BTC and $ETH longs. Later, I specifically posted an article suggesting reducing positions. Now, $BTC has pulled back 2% from its high. Those who carefully followed the posts must be feeling good about this move. So, is $BTC done rising? What’s next? I maintain my view— as long as $BTC doesn’t break below $63,412 this week, the move starting from $66,956 is more likely a correction rather than a new downtrend. If it’s just a small correction (see orange box in Chart 3), it will likely end soon and continue upward. Even if the correction deepens, as long as it stays above the green Gann angle line, the short-term bullish trend remains intact. After the correction ends, watch whether $BTC can break through $67,300. Holding above $67,300 would be a strong bullish signal.

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Today 2026-11-05
16:27

Microsoft tightens oversight of its data center projects, including IREN and Nebius, causing related stock prices to fall.

16:27

A trader suffered eight consecutive liquidations, losing 201 BTC worth $15.6 million.

16:25

An address was liquidated 8 times consecutively, involving 201 BTC.

16:20

Spot gold prices rose by more than 2%.

16:09

The cryptocurrency market experienced a sharp decline, with over $870 million liquidated within four hours.