$BTC today‼️
A forecast predicting the likely formation of a bearish "Gartley Butterfly" pattern has yielded a profit of at least 30%. Bitcoin continues to recover, yet the momentum signal (Jao Wedson indicator) sits at a level of only around +0.06. In other words, the price is rising, but momentum across multiple timeframes is not yet confirming this move with equal strength. Based on the current structure, BTC likely needs to climb to the $91,000 mark or higher to give the indicator sufficient strength and reduce the probability of a drop back into negative territory.
Many experts agree that BTC prices have historically shown strength in October, with three notable exceptions:
1. October 2014 — the price fell by 12.95%.
2. October 2018 — the price dropped by 3.95%.
3. October 2025 — the price fell by 17.49%.
At the same time, geopolitical shocks remain a major source of unpredictability, capable of disrupting historical patterns and seasonal trends at any moment.
The price is currently testing a resistance level at $85,620; I have opened a short position at this liquidity zone.
If I see buyers stepping in, I will flip to a bullish position.
Wishing everyone profitable trades💰💪
A forecast predicting the likely formation of a bearish "Gartley Butterfly" pattern has yielded a profit of at least 30%. Bitcoin continues to recover, yet the momentum signal (Jao Wedson indicator) sits at a level of only around +0.06. In other words, the price is rising, but momentum across multiple timeframes is not yet confirming this move with equal strength. Based on the current structure, BTC likely needs to climb to the $91,000 mark or higher to give the indicator sufficient strength and reduce the probability of a drop back into negative territory.
Many experts agree that BTC prices have historically shown strength in October, with three notable exceptions:
1. October 2014 — the price fell by 12.95%.
2. October 2018 — the price dropped by 3.95%.
3. October 2025 — the price fell by 17.49%.
At the same time, geopolitical shocks remain a major source of unpredictability, capable of disrupting historical patterns and seasonal trends at any moment.
The price is currently testing a resistance level at $85,620; I have opened a short position at this liquidity zone.
If I see buyers stepping in, I will flip to a bullish position.
Wishing everyone profitable trades💰💪
