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No way this will not drag to the mid-75 K range. The so-called Max pain already didn't work out too well earlier this year.
So yes, it failed, but there were several dips in the process. So I'm watching around the 82 K to 86K range very closely. $BTC could sit a little longer around the current levels since there are longs that were just shorted out. This could be a shakeout as well.
But big companies are still buying more. Retail investors are a little nervous but really shouldn't be. I can still see Bitcoin getting into the 90K range within the next few weeks.
Although I was very likely to be liquidated, I thank the market maker for giving me this dignity…