$BTC is sitting right on its decision zone — $80,700 or $81,750? 📊
Bitcoin is trading around $80,250–$81,340 today (Oct 29), still holding above $80,000. The range is tight and the levels are clear: support at $80,700–$81,000, resistance at $81,500–$81,750, then $82,500 above.
My setup:
• Entry: $80,700–$81,300
• Stop-loss: daily close below $80,700
• TP1: $81,500 | TP2: $81,750 | TP3: $82,500
• Breakout: daily close above $81,750
• Invalidation: daily close below $80,700 — that opens a test of $80,000
Why this setup: BTC is ranging between a tested support zone and a clear resistance wall. A clean break above $81,750 opens the path to $82,500; losing $80,700 ends the range trade.
Risk: Fear & Greed is at 51 — neutral. No strong momentum either way, so a range trade that breaks the wrong side can move fast. Educational only, not financial advice.
Are you buying the $80,700 support, or waiting for a close above $81,750? 👇
#tradesetup #BTC $BTC
Bitcoin is trading around $80,250–$81,340 today (Oct 29), still holding above $80,000. The range is tight and the levels are clear: support at $80,700–$81,000, resistance at $81,500–$81,750, then $82,500 above.
My setup:
• Entry: $80,700–$81,300
• Stop-loss: daily close below $80,700
• TP1: $81,500 | TP2: $81,750 | TP3: $82,500
• Breakout: daily close above $81,750
• Invalidation: daily close below $80,700 — that opens a test of $80,000
Why this setup: BTC is ranging between a tested support zone and a clear resistance wall. A clean break above $81,750 opens the path to $82,500; losing $80,700 ends the range trade.
Risk: Fear & Greed is at 51 — neutral. No strong momentum either way, so a range trade that breaks the wrong side can move fast. Educational only, not financial advice.
Are you buying the $80,700 support, or waiting for a close above $81,750? 👇
#tradesetup #BTC $BTC
