$BTC BTC/USDT Update (Nov 1)
BTC is trading near 77,600 after the Oct 30 selloff. Price is stuck in a falling channel on thin volume.
Resistance: 78,804
Range: 77,000 – 78,346
Support: 76,326
A 4H close below 77,000 opens the door to a retest of 76,326. A 4H close above 78,804 invalidates the bearish view.
Manage your risk and use a stop loss.
#BTC #Bitcoin #BTCUSDT #TechnicalAnalysis #BinanceSAFUFundTransferCompleted7499BTC
BTC is trading near 77,600 after the Oct 30 selloff. Price is stuck in a falling channel on thin volume.
Resistance: 78,804
Range: 77,000 – 78,346
Support: 76,326
A 4H close below 77,000 opens the door to a retest of 76,326. A 4H close above 78,804 invalidates the bearish view.
Manage your risk and use a stop loss.
#BTC #Bitcoin #BTCUSDT #TechnicalAnalysis #BinanceSAFUFundTransferCompleted7499BTC
