Market structure: Bullish $BTC
Support zone: $78,000 – $77,800
Resistance zone: $78,800 – $79,000
Reaction expectation: Price is testing the lower boundary of the channel if it holds above $78,000, a bounce toward resistance is likely; a break below could lead to a deeper pullback.
#USMidterms-WhatAreMarketsExpecting? #USOctoberNFP-AreRateCutsStillPossible #BTC
Support zone: $78,000 – $77,800
Resistance zone: $78,800 – $79,000
Reaction expectation: Price is testing the lower boundary of the channel if it holds above $78,000, a bounce toward resistance is likely; a break below could lead to a deeper pullback.
#USMidterms-WhatAreMarketsExpecting? #USOctoberNFP-AreRateCutsStillPossible #BTC
