🚨 $BTC Market Update Oct-03 🚨
Guys $BTC pushed up to $87.25K but got rejected hard and dropped back toward $84K. On the 1H chart, we can see a clear loss of short-term momentum after the rejection.
BTC is now trying to stabilize around $84.5K, but the next move could be important:
🔻 Below $84K: $83K → $82.5K could come into focus.
🔹 Resistance: $85K–$85.5K
🚀 Above $85.5K: could signal a recovery toward $86K+
For now, I’m watching whether buyers can defend the $84K area or if this relief bounce gets rejected again.
$BTC needs to reclaim $85K+ to bring back some short-term strength.
NFA — manage risk.
#BitcoinFundingRateTriplesTo10% #ZcashFalls21%FromSeptemberPeak #NFPWatch #USSeptemberPayrollsAdd29KUnemploymentRises4.2% #XRPPostsFirstThreeGreenMonthsInQ3
Guys $BTC pushed up to $87.25K but got rejected hard and dropped back toward $84K. On the 1H chart, we can see a clear loss of short-term momentum after the rejection.
BTC is now trying to stabilize around $84.5K, but the next move could be important:
🔻 Below $84K: $83K → $82.5K could come into focus.
🔹 Resistance: $85K–$85.5K
🚀 Above $85.5K: could signal a recovery toward $86K+
For now, I’m watching whether buyers can defend the $84K area or if this relief bounce gets rejected again.
$BTC needs to reclaim $85K+ to bring back some short-term strength.
NFA — manage risk.
#BitcoinFundingRateTriplesTo10% #ZcashFalls21%FromSeptemberPeak #NFPWatch #USSeptemberPayrollsAdd29KUnemploymentRises4.2% #XRPPostsFirstThreeGreenMonthsInQ3
