đš $BTC ANALYSIS â OCTOBER 20 đ
Bitcoin continues to follow our expected scenario. No major changes on the chart.
BTC failed to break above the Ichimoku Cloud, which remains a strong dynamic resistance level, keeping pressure on the price.
đ My SHORT position remains open.
â Currently in slight profit
đŻ $80,700 â Main take-profit target
đŻ $79,000 â Extended target if BTC breaks its recent low
Iâll secure most of my profits at $80.7K and leave a small position open for a potential move toward $79K.
đ What to watch this week:
âą Tesla & Meta earnings reports
âą Key US macroeconomic data
âą Fridayâs options expiration â potential volatility spike
For now, I expect BTC to remain range-bound. No major changes in market structure yet.
đŹ Whatâs your BTC prediction â $79K or a breakout higher?
#bitcoin #BTCUSDT #cryptotrading #BinanceSquare
Bitcoin continues to follow our expected scenario. No major changes on the chart.
BTC failed to break above the Ichimoku Cloud, which remains a strong dynamic resistance level, keeping pressure on the price.
đ My SHORT position remains open.
â Currently in slight profit
đŻ $80,700 â Main take-profit target
đŻ $79,000 â Extended target if BTC breaks its recent low
Iâll secure most of my profits at $80.7K and leave a small position open for a potential move toward $79K.
đ What to watch this week:
âą Tesla & Meta earnings reports
âą Key US macroeconomic data
âą Fridayâs options expiration â potential volatility spike
For now, I expect BTC to remain range-bound. No major changes in market structure yet.
đŹ Whatâs your BTC prediction â $79K or a breakout higher?
#bitcoin #BTCUSDT #cryptotrading #BinanceSquare