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The price is currently testing a major support area, which may lead to a bounce. Additionally, there is a falling wedge pattern; a breakout from this pattern could result in a significant upward rally. Consider opening long positions, but be sure to use a tight stop-loss.
Bitcoin is testing the support area and has managed to hold above it. Volume is low due to the weekend, and choppy movement is expected until the market opens on Monday. $BTC #BinanceSquareFamily #BinanceBlockchainWeek
One exchange #Binance handled 44.03% of tracked volume, continuing it's No.1 leader position with $2.13T traded in a month 🎉 and its share rose for a sixth straight month.
By CMC's measure, exchange volume have continued to lean on the derivatives side in September than in any other month of 2026. $BNB
1/ $BTC MARKET UPDATE Price: ~$80,500 Demand is shifting. Spot demand is turning positive for the first time since the Oct 2025 high, not just futures. 2/ KEY LEVELS Support: $80K zone / $78K-$80K demand zone Resistance: $87,800-$88,000 — aligned with the 50-week MA Spot volumes have risen on the bounce. That matters more than a single green candle. 3/ WHY IT MATTERS Recovery is no longer derivatives-only. Actual spot demand is improving alongside futures. But the move is still modest, so confirmation is needed. If this holds for a month, it can signal a bear-to-bull transition.
4/ PLAN, NOT HYPE If $80K holds: wait for reversal confirmation, then consolidation toward $87K-$88K. If $80K breaks: a pullback into the $70K-$80K range stays possible. Rule: Risk 1-2% only. Trail after first target. Do not chase. Macro watch: China liquidity, Hormuz / oil inflation risk, Fed. Education only, not financial advice.
Bitcoin dropped lower, just as expected. The price is nearly into the drawn support area and deeper within the falling wedge pattern. Now, we have to look for a rejection candle or any reversal confirmation $BTC #Binance #AasimmajeedAMC