$BTC This pullback to 82500 failed to hold. In fact, pullbacks at key levels like this tend to be choppy. Price has now fallen below the monthly range, giving back almost all of September’s gains and dropping straight to the April–May highs.
Next, it all comes down to the monthly close:
✅ Hold above 76300, and the monthly structure remains intact and the range stays in play. Even if there’s a downward wick in November, there’s still hope.
❌ A monthly close below 76300 would significantly increase the risk of a breakdown from the range.
Don’t rush to conclusions—wait for the close to confirm. Personally, rather than guessing the direction at this level, I’d let things play out. When the structure is unclear, keeping your hands off is the best move.
#BTC #Crypto
Next, it all comes down to the monthly close:
✅ Hold above 76300, and the monthly structure remains intact and the range stays in play. Even if there’s a downward wick in November, there’s still hope.
❌ A monthly close below 76300 would significantly increase the risk of a breakdown from the range.
Don’t rush to conclusions—wait for the close to confirm. Personally, rather than guessing the direction at this level, I’d let things play out. When the structure is unclear, keeping your hands off is the best move.
#BTC #Crypto
