Bitcoin price

🚨 BTC WATCH: A BIG WEEK FOR CRYPTO IS COMING Bitcoin is holding up under global market pressure, but the next move needs confirmation. Bulls have a key level to reclaim before the bullish case gets stronger. 📊 BTC LEVEL TO WATCH: $82,000 A weekly close above $82K and the 1W 50MA could improve market sentiment. Failure to reclaim this zone leaves room for further downside. 🔥 3 EVENTS THAT COULD SHAKE THE MARKET 📅 Oct 28 — FOMC The Fed's decision and guidance could trigger volatility across risk assets. 📅 Oct 29 — US PCE + GDP Cooling inflation with solid growth could favor Bitcoin. Hotter inflation could weigh on crypto. 📅 Oct 30 — Japan Unemployment Unexpected data could move the yen and spill over into global markets. ⚠️ US midterm elections are also approaching. Historical corrections are worth noting, but past performance doesn't guarantee the same outcome this time. 🎯 My approach: No blind entries. Watch the $82K level, wait for confirmation, and keep risk under control. Volatility creates opportunities, but patience separates a setup from a gamble. $BTC #Bitget #Bitcoin #BTC

#Crypto #Bitcoin #Ethereum 📊 Crypto Market Review — October 24, 2026 📉 Bitcoin Tests Critical Support Crypto markets extended their decline on Saturday, with Bitcoin briefly falling below $80K as risk aversion and weak institutional flows weighed on sentiment. 🔹 $BTC : ~$80.8K — remained under pressure after dipping below $80K. 🔹 $ETH : ~$2,357 — continued to underperform Bitcoin. 🔹 Total Market Cap: ~$2.72T — down around 3% in the 24-hour snapshot. 🔹 Market Sentiment: Fear — the Fear & Greed Index stood at 42. 💸 ETF Outflows US spot Bitcoin ETFs recorded another $137.9M in outflows on Friday, following a sharp $635.6M withdrawal on Thursday. 🔎 Market Outlook Bitcoin’s immediate support is near $79.5K–$80K, while resistance lies around $82K–$83K. Ethereum needs to reclaim $2.4K to show signs of recovery. Bottom line: Selling pressure remains elevated. Bitcoin’s ability to reclaim $80K and stabilize could determine the market’s next move.

Bitcoin is approaching an important moment on the daily chart. After making a strong upward move from the August lows, $BTC has started losing momentum, with price gradually pulling back from the $86,000–$87,000 region. At the time of this chart, BTCUSD is trading around $80,236, and the next major move could depend on how price reacts to the support zones below. Looking at the market structure, I believe the most important level to watch right now is around $78,000. 🔎 WHAT THE DAILY CHART IS TELLING US Bitcoin experienced a strong bullish expansion in August and September, pushing price from the lower levels toward the $80,000 region before eventually breaking higher toward $86,000–$87,000. However, after reaching that upper region, buyers struggled to maintain control. Price started moving sideways before gradually forming lower highs, suggesting that bullish momentum has weakened in the short term. The recent candles show that sellers are still applying pressure, with BTC moving closer to the support zone around $78,000. This doesn't automatically mean that Bitcoin is entering a major bearish trend. Instead, it puts the market at an important decision point where buyers need to demonstrate that demand is still present. 📍 KEY LEVELS EVERY TRADER SHOULD WATCH 1. $78,000 — Major Support Zone This is the first level I am paying close attention to. Bitcoin previously traded around this area before making its strong upward move. Because of that historical reaction, the zone could attract buyers if price returns to it. If BTC reaches $78,000 and shows a strong bullish reaction, such as a rejection wick, bullish engulfing candle, or a lower-timeframe change of character (CHoCH), we could see a recovery toward the higher resistance zones. However, I would not blindly buy simply because price touches the level. I would prefer to see confirmation that buyers are stepping back into the market. 2. $75,000 — Lower Support and Bearish Invalidation Zone If Bitcoin fails to hold $78,000, the next important area to monitor is around $75,000. A decisive daily candle close below $78,000 could indicate that sellers are gaining more control, potentially opening the door for a deeper retracement toward this lower support. This is why I would avoid entering a long position without a proper trading setup. Support levels can fail, especially when selling pressure continues to increase. 3. $85,000–$87,000 — Major Resistance Zone This region previously acted as an area where bullish momentum slowed down. For Bitcoin to regain stronger bullish momentum, I would want to see price recover the $85,000–$87,000 zone and establish acceptance above it. A breakout followed by a successful retest could provide evidence that buyers are regaining control and potentially prepare the market for another upward expansion. Until that happens, this region remains a significant obstacle for the bulls. 4. $92,000 — Potential Bullish Target If Bitcoin successfully defends the $78,000 support, recovers the intermediate resistance levels, and eventually breaks above $87,000, the $92,000 region becomes a potential upside target. However, this remains a conditional scenario rather than a guaranteed outcome. BTC must first demonstrate sufficient buying pressure to overcome the resistance above its current price. 📈 MY TRADING BIAS: WAIT FOR THE REACTION AT SUPPORT From a technical perspective, I am watching two possible scenarios. Bullish scenario: Bitcoin revisits the $78,000 support zone, rejects lower prices, and begins showing bullish market structure on the lower timeframes. If buyers regain control, price could recover toward $82,000–$84,000 before eventually challenging the $85,000–$87,000 resistance zone. A confirmed breakout above that resistance could bring $92,000 into focus. Bearish scenario: Bitcoin breaks below $78,000 with strong selling pressure and fails to reclaim the level. In that case, the $75,000 region becomes the next important area to watch. A temporary move below support is also possible, so I would pay attention to whether price quickly reclaims the level or continues trading beneath it. 🧠 WHAT I WOULD DO AS A TRADER Personally, I would avoid rushing into a position at the current price. BTC is trading between the major support below and resistance above, meaning that entering without confirmation could expose a trader to unnecessary risk. I would rather wait for price to reach the $78,000 zone and look for a clear bullish reaction before considering a long position. If support breaks, I would reassess the structure instead of trying to catch a falling market. For traders using Smart Money Concepts (SMC), this is also an opportunity to watch for liquidity sweeps, displacement, fair value gaps (FVGs), and a lower-timeframe change of character around the key levels. The objective is not to predict every move. It is to wait for the market to provide a setup with a clearly defined invalidation level and a reasonable risk-to-reward ratio. 🎯 FINAL THOUGHTS Bitcoin is approaching a critical support area, and the reaction around $78,000 could help determine its next major direction. A successful defense of support could open the door for a recovery toward $85,000–$87,000, with $92,000 remaining a potential bullish target if resistance is eventually broken. On the other hand, a confirmed breakdown below $78,000 could expose BTC to further downside toward $75,000. For now, patience is important. I will be watching the daily candle closes and looking for confirmation before taking a position. Key levels to remember: Current price: Approximately $80,236 Major support: $78,000 Lower support: $75,000 Resistance: $85,000–$87,000 Potential bullish target: $92,000 The market has not confirmed its next major move yet. Let price reach the important zones, wait for confirmation, and manage risk accordingly. This analysis is based on the provided BTCUSD daily chart and is for educational purposes only, not financial advice. ZENDON 🦅 — Patience. Discipline. Consistency.

$BTC Evening market outlook: October 25. A lot of people don't know what the 2B rule is. And it's not just a lot of people—many of the so-called teachers people talk about don't know what the 2B rule is either. Some of them are even worse at trading than you are, just clowning around all day. I don't know what you expect to get out of hanging around with them. Did you come to this market to make money, or to watch them mess around? Think carefully about why you came to this market! Stop wasting time. Chinese New Year is coming soon, and if there's no money in your pocket, who will respect you? At midnight last night, I placed a long trade on Bitcoin using the 2B rule. A lot of people will say, “Isn't this a downtrend? Why go long instead of short?” Everyone, remember: whether you go long or short, you first need to know whether your trade is a long-, medium-, or short-term one. If you don't even know what timeframe your trade is for, you'll end up unable to hold on to it. Why did I place this long trade yesterday? Do you think I don't know we're in a downtrend? I intended this trade as a short-term rebound play. I wasn't trying to hold it for a big move—just 1,000 points would do. Look at the area marked by the red box: this is a consolidation range. The red arrow on the lower left points to the previous low at 79750. Now look at the white arrow on the lower right: it points to a new low. The previous low was broken and a new low appeared, but did the candle close below the previous low? No. Once the hourly candle had finished, its closing price moved back above the previous low of 79750. That's a false breakdown under the 2B rule. This is why I keep telling you how important it is to watch the candle close. The process doesn't matter; the result does. After a false break below the previous low, the candle closed back above it. Was there anything wrong with going long? The resistance above Bitcoin was at 81000, so I took profit there—and I got it. After the false break below the previous low, the area marked by the white box formed a bullish engulfing pattern. The engulfing candle also closed above the 79750 support level. If you don't know the 2B rule, you could still have made a little money by going long here. There's not enough room to write more—please check the comments.$BTC