Here is the Complete $BTC BTC Update - *Oct 7, 2026*:
*1. Live Price Status:*
- *Current Price:* $84,031 - $84,120
- *24H Performance:* -2.34% down, volume around $232K on OKX
- *Recent High:* $BTC BTC was rejected twice around $87,395 - $87,500 zone
*2. Technical Analysis:*
- *Trend Structure:* Still bullish on higher timeframes. Price is trading above all major EMAs (50-day $79,600, 100-day $77,600, 200-day $75,500). ADX is at 34 which means the trend is still strong.
- *Momentum:*
- RSI (14) is at ∼55, coming down from overbought to neutral - no panic signal.
- MACD just slipped below zero, showing short-term weakness.
- M30 timeframe is showing SELL, but H4 is still STRONG BUY.
*3. Key Levels:*
- *Resistance 1:* $85,570
- *Resistance 2:* $87,395 (Main hurdle)
- *Resistance 3:* $88,096 (Elliott Wave target)
- *Support 1:* $83,802 - $84,266
- *Support 2:* $79,600 (50-day EMA)
- *Strong Support:* $74,967
*4. Elliott Wave Short-Term View:*
According to LiteFinance today, B$BTC TC is in a bullish correction Wave (B) as a double zigzag W-X-Y. The final impulse is unfolding and can push price towards *$88,096* before a new bearish impulse starts.
Today's Trading Plan: Buy around $84,266, Take Profit $88,096.[C]
*5. What to do?*
- *For Holders:* This is a healthy -33% correction from the ATH of $126,208 made on Oct 6, 2025. Not a bear market start. DCA around $84k - $80k is good.
- *For Traders:* Don't short aggressively. Wait for a daily close above $87.5k for long confirmation. If BTC breaks below $79.6k, risk increases for a deeper fall to $75k.
Do you want me to make a proper chart with support/resistance marked for you?
#BTC走势分析 #BTC🔥🔥🔥🔥🔥 #BTC☀️
*1. Live Price Status:*
- *Current Price:* $84,031 - $84,120
- *24H Performance:* -2.34% down, volume around $232K on OKX
- *Recent High:* $BTC BTC was rejected twice around $87,395 - $87,500 zone
*2. Technical Analysis:*
- *Trend Structure:* Still bullish on higher timeframes. Price is trading above all major EMAs (50-day $79,600, 100-day $77,600, 200-day $75,500). ADX is at 34 which means the trend is still strong.
- *Momentum:*
- RSI (14) is at ∼55, coming down from overbought to neutral - no panic signal.
- MACD just slipped below zero, showing short-term weakness.
- M30 timeframe is showing SELL, but H4 is still STRONG BUY.
*3. Key Levels:*
- *Resistance 1:* $85,570
- *Resistance 2:* $87,395 (Main hurdle)
- *Resistance 3:* $88,096 (Elliott Wave target)
- *Support 1:* $83,802 - $84,266
- *Support 2:* $79,600 (50-day EMA)
- *Strong Support:* $74,967
*4. Elliott Wave Short-Term View:*
According to LiteFinance today, B$BTC TC is in a bullish correction Wave (B) as a double zigzag W-X-Y. The final impulse is unfolding and can push price towards *$88,096* before a new bearish impulse starts.
Today's Trading Plan: Buy around $84,266, Take Profit $88,096.[C]
*5. What to do?*
- *For Holders:* This is a healthy -33% correction from the ATH of $126,208 made on Oct 6, 2025. Not a bear market start. DCA around $84k - $80k is good.
- *For Traders:* Don't short aggressively. Wait for a daily close above $87.5k for long confirmation. If BTC breaks below $79.6k, risk increases for a deeper fall to $75k.
Do you want me to make a proper chart with support/resistance marked for you?
#BTC走势分析 #BTC🔥🔥🔥🔥🔥 #BTC☀️
