#BTC Market Analysis After a decline, Bitcoin is confirming its recent swing highs and lows. The high of 78,776 was tested yesterday; if today the low of 76,270 is retested with a pin bar, it could present another long opportunity. Currently, we are at a swing low near daily support, making long positions more favorable than shorts. Resistance levels above: 78,776, 79,500 Support levels below: 76,270, 74,800
#BTC Market Analysis 10/27 I clearly stated two days ago that a direct rally here was unlikely—and indeed, after a brief rebound, price dropped sharply. The hourly chart has formed a double top, though it fell short of 82,000, peaking at only 81,800. The previous low at 79,178 cannot serve as a starting point for an upward move; it will be broken below. The red trendline is a must-break level with no support—it will be breached. The key support below, visible on the daily chart, is the bullish OB zone at 77,100–74,800.
#BTC Market Analysis 10/27 The daily chart shows a similar structure, but I believe the outcome of these two structures will differ. The previous structure involved the first liquidity grab, first contact with the MA30, and formed a V-reversal pattern. This time, liquidity has already been taken once, and the price has broken below the MA30, making it significantly weaker than before—I don’t expect a V-reversal here. Other views remain the same as yesterday: short-term resistance at 81,000, swing resistance at 82,000–83,000; long opportunities arise on the daily chart with bullish OB patterns.
#BTC Market Analysis 10/23 Bitcoin tested the 84,340 liquidity level and has dropped $4,000 ✅ The support zone below is 80,000–80,900, a level that has held multiple times; however, if this support weakens and breaks, a waterfall decline to 77,000 could follow. Today’s daytime resistance is at 83,000.
#XAU Gold Market Analysis 10/23 The long position in gold, which had been advocated for many days, has completely failed—losing the profits gained from shorting Bitcoin in the process. The price consolidated within the red box for 23 days, during which time I believed it was an accumulation pattern, expecting an upward breakout after completion. Thus, my previous stance was to remain bullish as long as the price did not fall below 4,066. Since it broke below that level yesterday, we must respect the objective reality: this bullish move has definitively failed. Gold particularly favors sharp, rug-pull-style declines followed by immediate V-shaped reversals. Central banks around the world significantly increased their physical gold holdings around the 4,100 level. If gold drops below 4,000, I believe it will rebound quickly—considering purchasing paper gold could be a viable option. Key support levels for gold: 3,960 and 3,820–3,900.
#BTC Market Analysis 10/22 Yesterday, I mentioned that BTC would first test 84,340 before declining—this has now played out, and the downward reaction has been reasonable. The price has dropped by $1,600 so far; key support to watch is at 82,800. If it holds, a rebound is still possible; if broken, the previous low may be reached.
#BTC Market Analysis 10/21 Yesterday, the price tested the $83,000 resistance level once again, but you’ll notice that each test results in a smaller decline, indicating reduced selling pressure—this suggests the price may continue rising toward $84,340. 1) $84,340 holds stop-loss liquidity; if there’s a pin bar reversal, consider shorting. 2) The daily resistance zone at $85,000–$86,600 is strong; consider shorting once price reaches this range.
#BTC Market Analysis 10/20 Bitcoin once again rejected at the $83,000 resistance level yesterday. After failing to break through this level for the second time, the current price action is indecisive, with no clear entry points for trades. Wait for the key levels from yesterday to be confirmed—enter only if they’re triggered; otherwise, wait for new signals to emerge.
#BTC Weekly Report‼️ (Week 3 of October) [Weekly Chart Level] 1) Last week’s close was below 83,000, with two consecutive weekly bearish candles, signaling an emerging expectation of a pullback. 2) Weekly support lies in the 73,000–69,000 range—this is a long-term bullish zone. It may not be reached, but if it is, long positions must be taken. [Daily Chart Level] The double top pattern remains intact and continues to suppress price action; thus, strong directional upside is unlikely for now. Monitor these key levels: 1) The previous low at 80,095 has already been swept once, so a rebound to target the liquidity at 84,340 is expected. 2) If price moves above 84,340 again, consider re-entering short positions—the resistance zone remains 84,900–87,200. [4-Hour Chart Level] The 82,900 resistance level tested last week has since been retested after a ~$2,000 drop; the area has now recovered, reducing short-term bearish sentiment. If price moves to sweep 84,340 again, I believe another short opportunity may arise.
