Update Oct 5: BTC around $86K (+1.38% today) as shown on the ticker. We are still trading well below that $115K - $117K resistance the author mentioned in the original post. Short-term I'm watching if we can hold $85K support. If we lose $85K, next zone is around $82K. If we reclaim $88-90K, momentum could build again. Not financial advice, just tracking levels. What's your BTC range for this week?
$BTC - Holding $117K Support? Here's What I'm Watching
Bitcoin is consolidating just under the recent high after that strong September push. The key level for me is $115K - $117K. As long as $BTC holds above that on the daily close, the uptrend stays intact.
Reasons I'm still bullish short-term: - ETF inflows still positive - Funding rates not overheated yet
If we lose $115K, next support is $110K. Not financial advice, just my view.