🔎 $BTC’s recovery still needs a range break: recent hourly gains have left the current ceiling intact.
💵 Price: $83,058.2 (+0.3% / 24h). Last completed 1H close: $83,054.7.
📈 Above $83,173.3: an hourly close, then a retest that holds, would support an upside scenario. A return below would weaken it.
📉 Below $82,640: an hourly close would break the 24-candle range downward. This is a reference, not a suggested stop.
💡 Since the previous published analysis, the old floor broke and remains unreclaimed. The upside closing condition never occurred; this recovery is still below that earlier range.
🕒 Binance spot · 11 Oct, 06:12 UTC
Educational analysis.
#BTC #PriceAction #TechnicalAnalysis
💵 Price: $83,058.2 (+0.3% / 24h). Last completed 1H close: $83,054.7.
📈 Above $83,173.3: an hourly close, then a retest that holds, would support an upside scenario. A return below would weaken it.
📉 Below $82,640: an hourly close would break the 24-candle range downward. This is a reference, not a suggested stop.
💡 Since the previous published analysis, the old floor broke and remains unreclaimed. The upside closing condition never occurred; this recovery is still below that earlier range.
🕒 Binance spot · 11 Oct, 06:12 UTC
Educational analysis.
#BTC #PriceAction #TechnicalAnalysis