๐ Bitcoin Daily ๐
September closed bullish - above the last LH swing high. That increases the odds of breaking above the September high and eventually testing the Weekly OB around 91โ95k.
For the dips, watch 79โ81k. If $BTC stays bullish, price should find strong support there. At this stage, that scenario remains the priority.
If thereโs no bullish reaction within that zone, BTC risks getting stuck in consolidation before the next move. In that case, the range and its consequences will be much harder to predict.
For example, thereโs a huge Weekly gap between 77.1k and 80.1k. The Monthly 20-EMA is currently around 79.2k, so in a bearish-neutral scenario, BTC could spend some time around that dynamic level before moving either lower or higher.
Adding a few more HTF key levels to show potential targets for October ๐
๐ฏ Nearest Key Levels
Above: 84600 / 85300 / 89320 / 91500 / 93666 / 98370 (last one is absolute maximum)
Below: 82200 / 81400 / 79900 / 74470
๐ High Timeframe Forecast: I expect a dump during Q4, as the Fed is expected to raise interest rates either on October 27โ28 or later, on December 8โ9
โฐ Free TG #Bitcoin alarms set for: Y VWAP VAH, D/W/M 20ema, 85224, 84555, 82500, 73653, 68241
September closed bullish - above the last LH swing high. That increases the odds of breaking above the September high and eventually testing the Weekly OB around 91โ95k.
For the dips, watch 79โ81k. If $BTC stays bullish, price should find strong support there. At this stage, that scenario remains the priority.
If thereโs no bullish reaction within that zone, BTC risks getting stuck in consolidation before the next move. In that case, the range and its consequences will be much harder to predict.
For example, thereโs a huge Weekly gap between 77.1k and 80.1k. The Monthly 20-EMA is currently around 79.2k, so in a bearish-neutral scenario, BTC could spend some time around that dynamic level before moving either lower or higher.
Adding a few more HTF key levels to show potential targets for October ๐
๐ฏ Nearest Key Levels
Above: 84600 / 85300 / 89320 / 91500 / 93666 / 98370 (last one is absolute maximum)
Below: 82200 / 81400 / 79900 / 74470
๐ High Timeframe Forecast: I expect a dump during Q4, as the Fed is expected to raise interest rates either on October 27โ28 or later, on December 8โ9
โฐ Free TG #Bitcoin alarms set for: Y VWAP VAH, D/W/M 20ema, 85224, 84555, 82500, 73653, 68241
