๐ Bitcoin Daily ๐
$BTC finally grown above May's LH at ~82828 and confirmed the end of downtrend ๐ฅณ
Weekly and 3D chart show two scenarios with highest chances to evolve:
1) BTC continue higher into resistance formed around 2025 close at 87.6k and above it. Obviously bullish close above 83k today will increase chances for momentum to take price there within this week.
2) This week close with strong rejection (sell off) and the following weeks price start correction to form new Higher Low either on Fed's Interest Rates decision on October 27โ28, or later on December 8โ9. So one way or another there will be a dip within fourth Quarter, as my Cycles chart forecasted.
๐ฏ Nearest Key Levels
Above: 85700 / 91500 / 98375
Below: 83000 / 79830 / 75000
โฐ Free TG #Bitcoin alarms set for: Y VWAP VAH, D/W/M 20ema, 82829, 73653, 68241
$BTC finally grown above May's LH at ~82828 and confirmed the end of downtrend ๐ฅณ
Weekly and 3D chart show two scenarios with highest chances to evolve:
1) BTC continue higher into resistance formed around 2025 close at 87.6k and above it. Obviously bullish close above 83k today will increase chances for momentum to take price there within this week.
2) This week close with strong rejection (sell off) and the following weeks price start correction to form new Higher Low either on Fed's Interest Rates decision on October 27โ28, or later on December 8โ9. So one way or another there will be a dip within fourth Quarter, as my Cycles chart forecasted.
๐ฏ Nearest Key Levels
Above: 85700 / 91500 / 98375
Below: 83000 / 79830 / 75000
โฐ Free TG #Bitcoin alarms set for: Y VWAP VAH, D/W/M 20ema, 82829, 73653, 68241
