₿ $BTC Bitcoin (BTC) – Latest Market Analysis | 31 October 2026

Short-term bearish pressure

BTC Price: Around $77,400

Bitcoin is facing strong selling pressure after dropping toward the $76,000–$76,500 support zone. RSI is near 35, showing weak momentum.

* Support: $76,400 / $75,075
* Resistance: $78,300 / $79,900
* Bullish scenario: A breakout above $78,300 could open the way toward $80,000.
* Bearish scenario: A breakdown below $76,000 may lead to $74,000–$72,000.

My view: Stay cautious. Wait for confirmation before entering a trade. COINOTAG +2

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Stay disciplined. Protect your capital. Trade the confirmation, not the emotion.#UniswapA16zSeekDeFiExemptionFromIllinoisCryptoTax #$1.5BInLeveragedCryptoBetsLiquidated