This long-term trendline 2017 – 2021 – 2025 worked perfectly on Bitcoin this year, because we saw 4 major rejections every time the price touched the trendline! Many people said that I must do analysis on the LOG scale only and that this trendline is not valid. Well, the opposite is truth – both linear and LOG trendlines are valid. What does it mean, and is this the end for Bitcoin and altcoins? From the technical point of views – yes, this is over. Bitcoin must climb back above 121k to invalidate this scenario, and I don’t see it happening anytime soon.
Uptober turned into a Deathtober for crypto. There was a good reason why all altcoins crashed by 60% to 95% in 1h, and clearly it was a big coordinated manipulation by market makers. If you want to know more about the manipulation (which is extremely interesting, you muse see), please look at my previous post:
If the whales can drop all altcoins by 60% to 95% in a single hour, without any reasonable news, then you can be sure that Bitcoin can drop slightly by 50% to around 60k in 2026! And stop saying that the market dropped because of the tarrifs, that’s the biggest nonsense. And this is a very light pullback. I recommend selling all altcoins and taking profits while the prices are still extremely high. I think 2026 will be a red year for the crypto market.
Write a comment with your altcoin + hit the like button, and I will make an analysis for you in response. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!
