📅 October 5, 2026
Bitcoin is entering a key week for traders. Will BTC recover or face another correction?
📊 Market Snapshot
Bitcoin was trading near $81.65 lakh (₹81,64,463) on October 4, with a 24-hour gain of approximately 0.45%. BTC remained slightly positive over the past week. These figures are a snapshot, not Monday's confirmed opening price. Source: Economic Times
🔍 What to Watch This Monday
1️⃣ Price Action: Check whether BTC establishes a higher high and higher low on the 4-hour chart.
2️⃣ Support: Identify the latest swing low and watch for a confirmed bounce.
3️⃣ Resistance: Monitor the latest swing high for a breakout or rejection.
4️⃣ Trading Volume: Rising volume during a breakout can help confirm buying strength.
5️⃣ Market Sentiment: Monitor institutional flows, macroeconomic news, and broader crypto market movements.
📈 My Market View
The next move depends on confirmation. A breakout supported by strong volume could improve bullish momentum, while a rejection at resistance could bring renewed selling pressure.
⚠️ Avoid chasing sudden price movements. Use a clear risk-management plan and never rely on a single indicator.
💬 Your Turn:
What is your BTC outlook for Monday?
🟢 Bullish — BTC moves higher
🔴 Bearish — BTC corrects
🟡 Sideways — BTC consolidates
Share your a#Bitcoin #CryptoEducation #Web3
