📉 Bitcoin Daily 📈 From range (consolidation channel) point of view situation is bearish - range was broken down and now price bounces for re-test. Trendline... I don't treat trendlines as market structure. Market works horizonal. Diagonal lines only good to catch impulses and fake moves. So yes, $BTC got back above that lower trendline, but that doesn't mean much without reclaiming key horizontal level. Volume was high, but if compare with "sell" volume on September 21st pump and October 2nd double top fake wick, yesterday's volume still lose. On higher timeframe I'd prefer to wait for those sellers to come back in a form of buyers. The bounce is still active, but remains bearish till price at least find acceptance above Daily 20EMA or ~83250. Only after we may start talking about "biggest bear trap" and BTC coming back to range top at 87k and above. Till then huge liquidity pool zone around Monthly 20EMA (79000-79800) remains the nearest bearish target. 🎯 Nearest Key Levels Above: 84282 / 84701 / 87528 Below: 81665 / 79780 / 79048 📉 High Timeframe Forecast: I expect a dump during Q4, as the Fed is expected to raise interest rates either on October 27–28 or later, on December 8–9 ⏰ Free TG #Bitcoin alarms set for: Y VWAP VAH, D/W/M 20ema, 87249.6, 82500, 73653, 68241