Candle-by-candle, the week of Oct 19 opened at $82,116, pushed to a high of $84,898, dropped to a low of $79,221, and settled at a close of $80,154 — a 2.4% loss on the week. This week began at $80,154 on Oct 26, with 4 daily candles closed so far, the most recent finishing Oct 29 at $77,992.

Stepping back across the 13-week window, the high sits at $87,396 from Sep 21 and the low at $62,275 from Aug 1. Weekly closes over the last 6 weeks read $81,178, $84,472, $86,530, $83,773, $82,116, $80,154 — oldest to newest — showing 3 consecutive lower weekly closes. The latest daily close at $77,992 places price at 63% of that 13-week range, measured from the $62,275 floor.

If price holds below last week’s low of $79,221, the recent weakness extending from $84,898 would remain intact, keeping the sequence of lower closes in focus. A daily close back above last week’s high of $84,898 would shift the picture, putting price back near the upper portion of the 13-week range and breaking the string of 3 lower weekly closes.

Not financial advice; for educational purposes.