- $BTC Update 22/10:
On the H1 and H4 timeframes, BTC is still leaning toward a downward correction, with the key price zone to watch at $83,000–$83,600. If price reacts well in this area, BTC could find buying pressure and recover in line with the D1 trend, with an upside target of $84,500–$85,000.
However, the latest D1 candle closed below $84,400, indicating that the bullish structure still needs further confirmation. Therefore, during today's session, BTC may continue to correct before its next direction becomes clear.
On the H1 and H4 timeframes, BTC is still leaning toward a downward correction, with the key price zone to watch at $83,000–$83,600. If price reacts well in this area, BTC could find buying pressure and recover in line with the D1 trend, with an upside target of $84,500–$85,000.
However, the latest D1 candle closed below $84,400, indicating that the bullish structure still needs further confirmation. Therefore, during today's session, BTC may continue to correct before its next direction becomes clear.
