📅 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

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