$BTC is stuck between $82.2K and $84.4K right now. On the chart, the highs keep getting lower while the lows keep getting higher, so the coil is getting tight. A big move is coming soon.
The Oct 8 dump swept the lows at $80.3K, and buyers defended it again on Oct 12 with a higher low at $81K. Thatâs a good sign. But sellers are still sitting at $84.4K, where the trendline and an unfilled gap meet.
What Iâm watching:
đą A 4H close above $84.4K $85.3K first, then $86.8Kâ87.2K (equal highs, liquidity sitting there)
đŽ A 4H close below $82.2K $81Kâ80.6K likely
Inside the range, Iâm not touching it. Let the candle close and show the direction first.
Not financial advice, manage your risk. đ
$BTC
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