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BTC Sunday Update: Why the Market May Be Ready to Rebound After October’s Shakeout

CrypNuevo
/17 hours ago
After major market makers suffered losses on October 10th, forced selling likely exhausted. With BTC trading 25% lower and little supply left to sell, the market may be poised for a rebound into year-end if it clears resistance around $94.5K and $100K.

$BTC Sunday update:

What really happened on October 10th?

From trusted intel I received this week, supposedly, several Market Makers caught in the volatility had big losses on October 10th.

Consequently, they've been selling assets to rebalance. What does this mean?

It means that there shoudn't be much left to sell.

They started selling  from $115k-$110k, and they could be buying now at these levels, 25% cheaper.

And if price pumped, they would recover most of their losses.

The question is, who is left to sell? how much is left to sell?

I believe that there probably isn’t much left to sell right now.

So the main bearish scenario is a sweep of the lows. 

Losing $80k would take price to the next support at $73k-$72k, but this information makes it more unlikely - unless if there is a new trigger for it to happen.

With this information, it wouldn't surprise me to see an aggresive pump by EOY and the start of 2026.

Clearing the local resistance at $94.5k (matches with the 1D50EMA) would be a clear sign. And then, it'd face a strong resistance at $100k.

Market in fear, little left to sell.

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