Jacob Canfield
Resolved (7)
- ✓
Bitcoin's near-term high-side target is the $72,000 liquidation cluster, after which price will chop sideways.
“Bitcoin Liquidation Zone: $72,000 liquidation cluster on #bitcoin on @HyperliquidX . Probably our high side target and then things will chop a bit sideways.”
BTC traded as high as $82,814 in [2026-02-06..2026-07-01], reaching the $72,000 target.
- ✓
Bitcoin must reclaim $73,500 on the weekly or the .618 Fibonacci retracement of the prior leg becomes the downside target.
“#Bitcoin - High time frame view. Lost the key lows from April of 2025 and didn't get much of a reaction. On a weekly time frame, it is very important we get back above $73.5k to reclaim. If it acts as resistance, I'd look for the .618 of the move as a potential downside”
Conditional: fail to reclaim $73.5k and the .618 retrace becomes the downside target; BTC briefly tagged $82,814 then failed and dropped to $58,000 (current $58,161), playing out the downside scenario.
- ✗
A weekly Bitcoin close above $80,000 would signal a local bottom is near.
“$BTC - Great reaction form liquidity zone I've been targeting for a week. A weekly close above $80k would give me high confidence that we are nearing a local bottom. I wouldn't be surprised if they run the lows a few times to capture more liquidity, but again, I think this is a”
A weekly close above $80k was supposed to signal a local bottom near; BTC did reach $82,814 but then collapsed to $58,000 (current $58,161), so it did not mark a bottom.
- ✗
Buying Bitcoin under $75,000 represents a strong buy opportunity given the 42% pullback.
“Buying Bitcoin at under $75k will be fantastic buys. Buying a 42% pull back with max fear in the market is always a better buy than buying euphoria and all time highs. Buy depression, sell euphria.”
BTC fell to $57,718 in [2026-02-03..2026-07-01], below the $75,000 floor.
- ✓
Breaking and closing a daily candle above $94,500 should send Bitcoin back to $100,000.
“$BTC - Held that retest and heading back up to resistance. Same analysis as last time. A break of $94.5k on a daily candle and we should see a move back to the next resistance at $100k. Bitcoin tends to fill those inefficiencies quickly after breaking through resistance.”
BTC traded as high as $97,964 in [2026-01-13..2026-07-01], reaching the $100,000 target (within 2.0% — near-miss counted).
- ✗
Bitcoin must hold the $90,000 zone or a significant leg down is likely.
“$BTC - Resistance doing resistance things. No break and close above $94.5k after a sweep of the range highs. Ideal we hold that $90k zone or things could get ugly.”
BTC fell to $57,718 in [2026-01-06..2026-07-01], below the $90,000 floor.
- ✓
Bitcoin needs to break and close the daily above $95,000 to fill the inefficiency back up to $100,000.
“$BTC - #Bitcoin is approaching short term resistance here and this is what you can expect. Need to break and close the daily above $95k. We have a nice Adam and eve structure bottom structure here that should fill the sell off inefficiency back up to $100k (first resistance +”
BTC traded as high as $97,964 in [2026-01-05..2026-07-01], reaching the $100,000 target (within 2.0% — near-miss counted).