Bitcoin (BTCUSD) Daily Analysis: Update on the Active October 25th Sell Position 📊
The daily chart shows a clear bearish breakdown of the recent consolidation range, confirmed by Friday's aggressive daily candle close. This moves perfectly in line with our overarching sell trade idea published on October 25th, 2026, which is still active and running. After breaking below key structural supports, the immediate expectation is a short-term pullback before a potential continuation lower toward major demand zones.
🔎 Market Breakdown & Trade Idea
• Current Structure: Bearish momentum dominates after breaking out of the consolidation range.
• The Pullback Zone: Looking for a relief rally into the $78,900 – $79,700 area. This region aligns with a higher-timeframe Fair Value Gap (FVG), making it a critical point of interest.
• The Bearish Target: If the market respects this FVG zone and prints a strong bearish confirmation (e.g., rejection candles, shift in lower-timeframe market structure), the price is highly likely to continue down toward the major retracement levels at $75,600 – $71,700.
• The Buy Plan: The $75,600 to $71,700 zone serves as a significant higher-timeframe demand region. The ultimate plan is to hunt for long setups inside this retracement pocket—but only with strong bullish confirmation signals.
📢 Follow for more informative trade ideas! I will update soon for XAUUSD.
⚠️ Educational Purpose Only: This analysis is strictly for educational purposes and does not constitute financial or investment advice. Always manage your risk properly and wait for your specific setup criteria to trigger before executing any trade.
Would you like to start drafting the XAUUSD (Gold) script next, or should we set up a automated price alert tracking tool for the $78,900 pullback zone?
The daily chart shows a clear bearish breakdown of the recent consolidation range, confirmed by Friday's aggressive daily candle close. This moves perfectly in line with our overarching sell trade idea published on October 25th, 2026, which is still active and running. After breaking below key structural supports, the immediate expectation is a short-term pullback before a potential continuation lower toward major demand zones.
🔎 Market Breakdown & Trade Idea
• Current Structure: Bearish momentum dominates after breaking out of the consolidation range.
• The Pullback Zone: Looking for a relief rally into the $78,900 – $79,700 area. This region aligns with a higher-timeframe Fair Value Gap (FVG), making it a critical point of interest.
• The Bearish Target: If the market respects this FVG zone and prints a strong bearish confirmation (e.g., rejection candles, shift in lower-timeframe market structure), the price is highly likely to continue down toward the major retracement levels at $75,600 – $71,700.
• The Buy Plan: The $75,600 to $71,700 zone serves as a significant higher-timeframe demand region. The ultimate plan is to hunt for long setups inside this retracement pocket—but only with strong bullish confirmation signals.
📢 Follow for more informative trade ideas! I will update soon for XAUUSD.
⚠️ Educational Purpose Only: This analysis is strictly for educational purposes and does not constitute financial or investment advice. Always manage your risk properly and wait for your specific setup criteria to trigger before executing any trade.
Would you like to start drafting the XAUUSD (Gold) script next, or should we set up a automated price alert tracking tool for the $78,900 pullback zone?
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.