đ BITCOIN ANALYSIS | Oct 5
$BTC
is trading around $86K, sitting just under a key resistance. Here's my full zone map đ
đŽ SUPPLY ZONES (Resistance)
- SZ1: $87.1K-$87.4K â KEY. Recent high, bull-trap risk
- SZ2: $88K-$89K. Liquidity band above
- SZ3: $89.5K-$91K. Target zone ($90K psychological)
âȘ NO-TRADE ZONE: $85.4K-$87K
Price is chopping here. Wait for a clean close before acting.
đą DEMAND ZONES (Support)
- DZ1: $83.9K-$84.5K. First pullback support
- DZ2: $82.3K-$82.6K â KEY. Breakout level + liquidity cluster
- DZ3: $80.6K-$80.8K. 200 SMA + long liquidations
- DZ4: $76.5K-$78.2K. Deep demand
đĄ LIQUIDITY: Clusters sit near $85.5K (above) and $82.3K-$82.6K (below). Price often "sweeps" these before moving.
đ BULL CASE: Daily close above $87.4K â $89.5K â $91K â $93K+
đ» BEAR CASE: Lose $84.8K (Ichimoku cloud) â $82.9K â $80.6K â $77.5K
đ Catalysts: FOMC minutes (Wed Oct 7) and US CPI (Oct 14) can trigger volatility.
My plan: no trades inside the chop zone. Wait for either a close above $87.4K or a rejection for a clean setup. Always use a stop-loss.
đŹ Breakout or rejection at $87.4K? Vote below đ
#Bitcoin #BTC #TechnicalAnalysis
$BTC
is trading around $86K, sitting just under a key resistance. Here's my full zone map đ
đŽ SUPPLY ZONES (Resistance)
- SZ1: $87.1K-$87.4K â KEY. Recent high, bull-trap risk
- SZ2: $88K-$89K. Liquidity band above
- SZ3: $89.5K-$91K. Target zone ($90K psychological)
âȘ NO-TRADE ZONE: $85.4K-$87K
Price is chopping here. Wait for a clean close before acting.
đą DEMAND ZONES (Support)
- DZ1: $83.9K-$84.5K. First pullback support
- DZ2: $82.3K-$82.6K â KEY. Breakout level + liquidity cluster
- DZ3: $80.6K-$80.8K. 200 SMA + long liquidations
- DZ4: $76.5K-$78.2K. Deep demand
đĄ LIQUIDITY: Clusters sit near $85.5K (above) and $82.3K-$82.6K (below). Price often "sweeps" these before moving.
đ BULL CASE: Daily close above $87.4K â $89.5K â $91K â $93K+
đ» BEAR CASE: Lose $84.8K (Ichimoku cloud) â $82.9K â $80.6K â $77.5K
đ Catalysts: FOMC minutes (Wed Oct 7) and US CPI (Oct 14) can trigger volatility.
My plan: no trades inside the chop zone. Wait for either a close above $87.4K or a rejection for a clean setup. Always use a stop-loss.
đŹ Breakout or rejection at $87.4K? Vote below đ
#Bitcoin #BTC #TechnicalAnalysis
