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π£ Joe Consorti insists: the nature of Bitcoin's latest move mirrors the crash following "bloody October" 2025.
π The Context:
Bitcoin is currently at $79,000, jumping from $64,000 just two days ago.
π Historical Parallel:
On October 10, 2025, $2.46 billion in longs were liquidated, marking the final all-time high before Bitcoin plunged by 51%. Two days ago was a perfect mirror image of that event.
π The Bottom Line:
Bitcoin does not behave this way in the middle of a range. It moves like this only when it is reversing.
π The Context:
Bitcoin is currently at $79,000, jumping from $64,000 just two days ago.
π Historical Parallel:
On October 10, 2025, $2.46 billion in longs were liquidated, marking the final all-time high before Bitcoin plunged by 51%. Two days ago was a perfect mirror image of that event.
π The Bottom Line:
Bitcoin does not behave this way in the middle of a range. It moves like this only when it is reversing.