$BTC is testing the bottom of its range today 👀
Since Sep 25, Bitcoin has been stuck between 83K and 87K. Today's -2% drop brought it right back to the range low.
On the daily chart, $BTC slipped below the EMA 9 but is still holding above the EMA 21 (~83,400).
🔺 Range top: 86,500–87,000
🔻 Range low: 83,000–83,400 (EMA 21)
🔻 Below that: 80,000 → 76,000–78,000 (September zone)
✅ Range holds: 83,000–83,400 holds → bounce toward 85,000–86,000
❌ Range breaks: daily close below 83,000 → 80,000, then the Sept zone
On days like this, the daily close matters more than every 15m candle. No need to guess, let the close decide.
Does the range hold or break? 👇
⚠️ Not financial advice. DYOR.
#BTC #bitcoin #CryptoAnalysis #BinanceLaunchesBinanceIntelligence
Since Sep 25, Bitcoin has been stuck between 83K and 87K. Today's -2% drop brought it right back to the range low.
On the daily chart, $BTC slipped below the EMA 9 but is still holding above the EMA 21 (~83,400).
🔺 Range top: 86,500–87,000
🔻 Range low: 83,000–83,400 (EMA 21)
🔻 Below that: 80,000 → 76,000–78,000 (September zone)
✅ Range holds: 83,000–83,400 holds → bounce toward 85,000–86,000
❌ Range breaks: daily close below 83,000 → 80,000, then the Sept zone
On days like this, the daily close matters more than every 15m candle. No need to guess, let the close decide.
Does the range hold or break? 👇
⚠️ Not financial advice. DYOR.
#BTC #bitcoin #CryptoAnalysis #BinanceLaunchesBinanceIntelligence
