⚠️ Bitcoin Shows Weakness at Higher Timeframes; Any Rally Depends on Demand at 76,500 I still believe a major downtrend for Bitcoin is likely to begin, but the daily chart shows signs of volume-supported stabilization. Whether a short-term rally occurs hinges on whether strong demand emerges upon retesting 76,500. 📊 Monthly Trend Remains Weak The October monthly candle is a bearish engulfing pattern. Compared to September’s bullish candle, volume did not significantly decline—this is a clear sign of ongoing weakness. 📍 Daily Chart Shows Signs of Stabilization; Rally Still Possible The daily chart has displayed volume-supported stabilization near 76,500. As previously noted, if price drops back below 80,000 with volume, it re-enters the 76,500–80,000 trading range. Since stabilization has occurred near 76,500, I believe there’s a high probability of a bullish retracement toward the 79,500–81,000 resistance zone. 🔎 Shorter Timeframes Still Lack Strong Demand On the 9-hour chart, after the U.S. stock market opened on Friday, price retested 76,500 without generating strong demand. Similarly, the 2-hour chart showed a brief spike to 76,500 but failed to sustain meaningful buying pressure. Therefore, I believe there’s a high likelihood of another downward test of 76,500. If strong demand emerges upon retesting 76,500, I believe the probability of a rally toward 79,500–81,000 increases significantly. My subsequent scenario: after rallying to this resistance zone and encountering selling pressure, price resumes its decline and breaks below 76,500 to initiate a sustained downtrend. I believe breaking below 76,500 is highly probable—but the immediate question remains: will demand strengthen upon retesting this level? 💬 Do you prefer to see stronger demand emerge near 76,500 first—or wait to see how price behaves after a rally to the upper range? If you found this analysis helpful, please like it, share it with friends following Bitcoin, or save it for future reference to verify these conditions. #BTC