$BTC /USDT
Bitcoin remains under pressure near $80K as traders await the Fed’s October 28 decision. ETF inflows offered some support, but selling pressure remains a concern.
The descending channel favours caution. A reclaim of $80.8K could support a bounce, while rejection risks another test of support.
╭─ KEY LEVELS ─╮
🟢 Buy zone: $79.8K–$80.2K
🟩 Support: $79.65K–$80K
🔴 Resistance: $80.76K
🔴 Major resistance: $81.49K
🎯 Upside: $81.49K → $83.35K
⚠️ Downside: $79.05K → $77.45K
╰──────────────╯
Bias: Cautious. Watch the Fed catalyst and price reaction at $80K.
#NFA $BTC
Bitcoin remains under pressure near $80K as traders await the Fed’s October 28 decision. ETF inflows offered some support, but selling pressure remains a concern.
The descending channel favours caution. A reclaim of $80.8K could support a bounce, while rejection risks another test of support.
╭─ KEY LEVELS ─╮
🟢 Buy zone: $79.8K–$80.2K
🟩 Support: $79.65K–$80K
🔴 Resistance: $80.76K
🔴 Major resistance: $81.49K
🎯 Upside: $81.49K → $83.35K
⚠️ Downside: $79.05K → $77.45K
╰──────────────╯
Bias: Cautious. Watch the Fed catalyst and price reaction at $80K.
#NFA $BTC
