Key BTC levels for tomorrow: First watch the intraday low near 81,589; if it decisively breaks, the next reference is this week’s low at 80,684. Above, 83,243 is the midpoint between today’s high and low; if reclaimed, then watch 84,898.
This is a scenario analysis: a hold at the low and a high-volume reclaim of the midpoint would make a recovery more credible; if the rebound fails to clear the midpoint, continue to view it as a weak range. These are not target prices guaranteed to be reached.
Source: Binance UTC+8 daily/weekly candles, Oct 22 at 21:30; neither candle has closed. #BTC
This is a scenario analysis: a hold at the low and a high-volume reclaim of the midpoint would make a recovery more credible; if the rebound fails to clear the midpoint, continue to view it as a weak range. These are not target prices guaranteed to be reached.
Source: Binance UTC+8 daily/weekly candles, Oct 22 at 21:30; neither candle has closed. #BTC