$BTC — BEARS ARE PRESSURING BITCOIN
Bitcoin is down 1.38% in the provided market snapshot, with price around $79,953. Sellers are keeping the pressure on, and the next move depends on whether buyers can reclaim resistance or allow another downside move to develop.
The $80,000 zone is worth watching closely. A rejection with selling volume could support bearish continuation, while a strong breakout above resistance would weaken the short setup. Patience is key here. Wait for confirmation instead of chasing the move.
Trade Setup: SHORT
EP: $79,800–$80,100
SL: $80,650
TP1: $79,200
TP2: $78,600
TP3: $77,900
Watch price action around the entry zone and avoid entering without confirmation. If BTC reclaims resistance with strong buying pressure, reassess the trade.
Risk management comes first. These levels are illustrative and must be checked against live market prices before trading.
Risk managed. Eyes on the targets. Let's go $BTC #
#Fed Holds Rates in October 2026 #Fed Holds Rates at 3.75%–4.00% as Inflation Concerns Keep Further Hikes on the Table #Alphabet Q3 2026 Earnings Miss: Can Google’s AI Investments Deliver Returns? #Microsoft Q3 2026 Earnings: Revenue Beats Estimates as Azure Growth Hits 48% #Ripple expands BNY custody partnership
