$BTC
Bearish trend
### $81,926.3
24-hour change: -1.41%
On the chart, the price first fell from around $87,000 to $80,344.8, and is now recovering from there.
### 1\. What is the chart saying?
* MA(7): $81,807.6 — the price is slightly above it; a short-term bounce is underway.
* MA(25): $82,140.2 — the price is still below it.
* MA(99): $84,325.6 — the overall 1-hour trend is still weak.
* Volume: Volume increased during the sharp drop, indicating selling pressure.
### 2\. Important levels
Resistance 2
Next upside zone
### $82,900–$83,260
Resistance 1
First hurdle
### $82,100–$82,300
Support 1
Recent low
### $80,344.8
Support 2
### $80,000
### 3\. Will Bitcoin go up or down now?
Bullish scenario
If BTC breaks above $82,100–$82,300 and holds there, it could test the $82,900–$83,260 zone.
Bearish scenario
If the price is rejected at resistance and moves lower, it could retest support at $81,000 and then $80,344.8.
#FedMinutesFocusOnOctoberPause
#IMFSaysTokenizedMarketsSmall
#BTC走势分析
Bearish trend
### $81,926.3
24-hour change: -1.41%
On the chart, the price first fell from around $87,000 to $80,344.8, and is now recovering from there.
### 1\. What is the chart saying?
* MA(7): $81,807.6 — the price is slightly above it; a short-term bounce is underway.
* MA(25): $82,140.2 — the price is still below it.
* MA(99): $84,325.6 — the overall 1-hour trend is still weak.
* Volume: Volume increased during the sharp drop, indicating selling pressure.
### 2\. Important levels
Resistance 2
Next upside zone
### $82,900–$83,260
Resistance 1
First hurdle
### $82,100–$82,300
Support 1
Recent low
### $80,344.8
Support 2
### $80,000
### 3\. Will Bitcoin go up or down now?
Bullish scenario
If BTC breaks above $82,100–$82,300 and holds there, it could test the $82,900–$83,260 zone.
Bearish scenario
If the price is rejected at resistance and moves lower, it could retest support at $81,000 and then $80,344.8.
#FedMinutesFocusOnOctoberPause
#IMFSaysTokenizedMarketsSmall
#BTC走势分析