During the 27/10–01/11 period, the bearish scenario needs confirmation from a 4-hour candle closing below $79.3K, followed by a failed retest of this area. In that case, nearby support would be broken, increasing the risk of a deeper correction. Historical data on the chart does not confirm the next support zone with enough confidence to assign a price target; monitor price conditions rather than setting an arbitrary target.

If BTC quickly reclaims $79.9K and holds above this area, the breakdown may be a false break. Moving back above $80.8K–$81.2K would weaken the bearish thesis. Monitor candle structure and trading volume; avoid drawing conclusions from a brief move below a level.

Binance reference price data; daily candles from Investing.com: [Binance](https://www.binance.com/en/price/bitcoin) | [Investing.com](https://www.investing.com/crypto/bitcoin/historical-data).

Will you wait for a candle to close below $79.3K or for a failed retest to confirm? Share your market analysis alongside $BTC. #Bitcoin #RiskManagement

This content is for reference purposes only based on personal views, and is absolutely not investment advice. GOOD LUCK EVERYONE