🚨 $BTC ANALYSIS — OCTOBER 20 📊
Bitcoin continues to follow our expected scenario. No major changes on the chart.
BTC failed to break above the Ichimoku Cloud, which remains a strong dynamic resistance level, keeping pressure on the price.
📉 My SHORT position remains open.
✅ Currently in slight profit
🎯 $80,700 — Main take-profit target
🎯 $79,000 — Extended target if BTC breaks its recent low
I’ll secure most of my profits at $80.7K and leave a small position open for a potential move toward $79K.
📅 What to watch this week:
• Tesla & Meta earnings reports
• Key US macroeconomic data
• Friday’s options expiration — potential volatility spike
For now, I expect BTC to remain range-bound. No major changes in market structure yet.
💬 What’s your BTC prediction — $79K or a breakout higher?
#bitcoin #BTCUSDT #cryptotrading #BinanceSquare
Bitcoin continues to follow our expected scenario. No major changes on the chart.
BTC failed to break above the Ichimoku Cloud, which remains a strong dynamic resistance level, keeping pressure on the price.
📉 My SHORT position remains open.
✅ Currently in slight profit
🎯 $80,700 — Main take-profit target
🎯 $79,000 — Extended target if BTC breaks its recent low
I’ll secure most of my profits at $80.7K and leave a small position open for a potential move toward $79K.
📅 What to watch this week:
• Tesla & Meta earnings reports
• Key US macroeconomic data
• Friday’s options expiration — potential volatility spike
For now, I expect BTC to remain range-bound. No major changes in market structure yet.
💬 What’s your BTC prediction — $79K or a breakout higher?
#bitcoin #BTCUSDT #cryptotrading #BinanceSquare