BTC Update: Range, Not Trend Yet. Is "Moonvember" Still Possible?
Chart (4H)
• BTC spiked to $81,196 this week, then dumped in a single heavy candle.
• It has been ranging between $74,900 and $76,500 since.
• Volume is drying up. That's compression, and a sharp move usually follows.
Key levels
• Support at $74,888. Losing it opens $74,000–$72,500.
• Resistance at $77,350. Above that, $78,700–$80,000 is the zone that flips the bias bullish.
Scenarios
• Bullish: holds $74,900 and breaks $77,350 on volume, targeting $78,700–$80,000.
• Bearish: loses $74,900 with volume, targeting $72,000–$74,000.
About "Moonvember"
November is historically strong for BTC, but the macro picture is still a headwind. A pump needs a confirmed break above $77K–$78K first.
Bottom line: BTC is coiling. Wait for the breakout and volume to confirm direction.
Which way do you think it breaks?
NFA · DYOR
#CPITestsDecemberRateOutlook
Chart (4H)
• BTC spiked to $81,196 this week, then dumped in a single heavy candle.
• It has been ranging between $74,900 and $76,500 since.
• Volume is drying up. That's compression, and a sharp move usually follows.
Key levels
• Support at $74,888. Losing it opens $74,000–$72,500.
• Resistance at $77,350. Above that, $78,700–$80,000 is the zone that flips the bias bullish.
Scenarios
• Bullish: holds $74,900 and breaks $77,350 on volume, targeting $78,700–$80,000.
• Bearish: loses $74,900 with volume, targeting $72,000–$74,000.
About "Moonvember"
November is historically strong for BTC, but the macro picture is still a headwind. A pump needs a confirmed break above $77K–$78K first.
Bottom line: BTC is coiling. Wait for the breakout and volume to confirm direction.
Which way do you think it breaks?
NFA · DYOR
#CPITestsDecemberRateOutlook
