$BTC 4H Latest Update 📊
Guys Yesterday I said a 4H close below $82.2K could send BTC to $81K–80.6K. That’s exactly what happened. ✅ Price got rejected at the trendline near $84K, broke support, and is now trading around $80.5K.
The structure has changed now. The higher low at $81K is broken, so the short-term trend has turned bearish. Bulls are still holding the $80.35K–81K demand zone, and the dip below the Oct 8 low has only been a wick so far, with no 4H close under it.
The long/short ratio also jumped from 1.28 to 1.79. A lot of traders are buying this dip, and if demand breaks, those longs can fuel the next leg down.
What I’m watching:
🔴 A 4H close below $80.1K opens the way to $79K, then $78.4K (unfilled gap from the Sep 18 pump)
🟢 A 4H close back above $82.65K (old support, now resistance) brings $84K back into play
Until then, I see any bounce into $82.2K–82.6K as a place to sell, not to buy.
Not financial advice, manage your risk.
$BTC
#BTC
Guys Yesterday I said a 4H close below $82.2K could send BTC to $81K–80.6K. That’s exactly what happened. ✅ Price got rejected at the trendline near $84K, broke support, and is now trading around $80.5K.
The structure has changed now. The higher low at $81K is broken, so the short-term trend has turned bearish. Bulls are still holding the $80.35K–81K demand zone, and the dip below the Oct 8 low has only been a wick so far, with no 4H close under it.
The long/short ratio also jumped from 1.28 to 1.79. A lot of traders are buying this dip, and if demand breaks, those longs can fuel the next leg down.
What I’m watching:
🔴 A 4H close below $80.1K opens the way to $79K, then $78.4K (unfilled gap from the Sep 18 pump)
🟢 A 4H close back above $82.65K (old support, now resistance) brings $84K back into play
Until then, I see any bounce into $82.2K–82.6K as a place to sell, not to buy.
Not financial advice, manage your risk.
$BTC
#BTC