Chashmanoo

$BTC Broke below $80k and is testing the major demand zone *$75k - $78k*. Daily chart is bearish - lower highs, lower lows. Holding this zone can give relief bounce to $78k-$80k, but to be bullish again it needs to reclaim $81k. c624

- *Key Support:* $75,000 - $78,000 (also 1-3 month holders cost basis ∼$76k-$76.5k)
- *Key Resistance:* $80,000 - $81,888
- *If breakdown:* Next target *$72k - $73k* channel low c624c77f

*Why weak?* 2 reasons this week:
1. Nasdaq -2.8% selloff, BTC moving like high-risk tech asset
2. Binance hack ($6.3B theft reported) + $1.6B liquidations + ETF outflows 6647

*Next catalysts to watch:* Binance reopening on Sunday, US Midterms Nov 3, and US Payrolls Nov 6. Pivot level for week is $75,718 - weekly close below exposes $72,956 c77f

#BinanceToResumePhaseOneOfWithdrawals #BinanceSAFUFundTransferCompleted7499BTC #CZDismissesClaimsBinanceHackWasPredicted #YiHe:ProofOfReserves:10TokensAt100%Backing #BackedNotBroken:RichardTengSaysUsersBearNoLoss