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Poll
Question: Was that it?  Are we out of the bear market?
Yes - 7 (21.9%)
No - 15 (46.9%)
Maybe - 10 (31.3%)
Total Voters: 32

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Author Topic: BTC Sentiment Poll for September  (Read 1886 times)
hedgeh0g
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September 24, 2026, 09:19:24 PM
 #161

In my opinion, this is a time of uncertainty, and it's better to wait for the weekly candle to close, as we're breaking the previous resistance level at 82.800...
In fact, judging by glassnode's analytics, almost all short-term holders' Bitcoin volume has already crossed the so-called sell line. This is the level above which the risk of profit-taking typically increases, leading to a price halt at a minimum, and a correction at a maximum.
The chart shows that this signal doesn't always trigger (but has been more frequent recently), so it's best considered in conjunction with other indicators.
And now is a great time to claim the profits for those who invested 60k in Bitcoin.


https://x.com/glassnode/status/2102787768606982210

 
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September 24, 2026, 09:40:36 PM
 #162

BTC is doing well with a higher dollar, despite the pullback its relatively strong.   Lows above 82850, the weekly average is catching up and we'll see if that momentum causes upset and a loss of support in this area. 
  I agree on the weekly closing bar probably being a crescendo for BTC price action.

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