$BTC is sitting right around $80K, and the Fed decision on Oct 28 is the next test.
Markets price roughly an 8% chance of a hike, so the real question is the Fed’s tone on December. Add roughly $800M in reported liquidations, mostly longs, and the 1H chart still shows lower highs and repeated rejections.
Levels I’m watching (not financial advice): • Reclaim $80.8K–$81K → short-term recovery attempt
• Close above $82K → bullish confirmation strengthens
• Close below $79.2K → downside risk grows
• In between, patience beats guessing.
I’m watching confirmation, not chasing candles.
Fed day: trade the volatility or wait for direction?
$BTC
#Bitcoin #DYOR
Markets price roughly an 8% chance of a hike, so the real question is the Fed’s tone on December. Add roughly $800M in reported liquidations, mostly longs, and the 1H chart still shows lower highs and repeated rejections.
Levels I’m watching (not financial advice): • Reclaim $80.8K–$81K → short-term recovery attempt
• Close above $82K → bullish confirmation strengthens
• Close below $79.2K → downside risk grows
• In between, patience beats guessing.
I’m watching confirmation, not chasing candles.
Fed day: trade the volatility or wait for direction?
$BTC
#Bitcoin #DYOR
