🟠 
BTCUSDT remains under bearish pressure on the H4 chart, with price continuing to trade below the descending trendline. The last two recovery attempts were rejected sharply from the same structure, while Bitcoin has now slipped back below the $80K area.
Rather than selling after the decline, I’m watching for a rebound into the 80,416–82,612 sell zone. A weak recovery followed by another rejection would provide a cleaner continuation setup.
If sellers remain in control, the next downside objective is:
🎯 Target: 76,504
Macro Market: institutional demand weakened sharply late last week, with US spot Bitcoin ETFs recording around $635.6M of net outflows on Oct. 22 followed by another $137.9M outflow on Oct. 23. Bitcoin and Ether are also trading softer today as markets move cautiously into the Fed decision this week, keeping speculative assets vulnerable to further pressure.
A sustained H4 recovery above 82,612 and the descending trendline would weaken the bearish continuation setup.
AURICVERSE View: repeated trendline rejection continues to favor sellers. I prefer waiting for a rebound into 80,416–82,612 rather than chasing the current drop, with 76,504 remaining the main downside objective.
BTCUSDT remains under bearish pressure on the H4 chart, with price continuing to trade below the descending trendline. The last two recovery attempts were rejected sharply from the same structure, while Bitcoin has now slipped back below the $80K area.Rather than selling after the decline, I’m watching for a rebound into the 80,416–82,612 sell zone. A weak recovery followed by another rejection would provide a cleaner continuation setup.
If sellers remain in control, the next downside objective is:
🎯 Target: 76,504
Macro Market: institutional demand weakened sharply late last week, with US spot Bitcoin ETFs recording around $635.6M of net outflows on Oct. 22 followed by another $137.9M outflow on Oct. 23. Bitcoin and Ether are also trading softer today as markets move cautiously into the Fed decision this week, keeping speculative assets vulnerable to further pressure.
A sustained H4 recovery above 82,612 and the descending trendline would weaken the bearish continuation setup.
AURICVERSE View: repeated trendline rejection continues to favor sellers. I prefer waiting for a rebound into 80,416–82,612 rather than chasing the current drop, with 76,504 remaining the main downside objective.
Trade active
✅ Daily Crypto Signals
📊 BTC • ETH • Altcoin Setups
🎯 Clear entries, targets & risk levels
⚡ Focused on high-quality opportunities, not overtrading
👇 Join the community:
t.me/+3A2sr9LZDfY5Mzll
💎 VIP Signals & Private Support
📊 BTC • ETH • Altcoin Setups
🎯 Clear entries, targets & risk levels
⚡ Focused on high-quality opportunities, not overtrading
👇 Join the community:
t.me/+3A2sr9LZDfY5Mzll
💎 VIP Signals & Private Support
Related publications
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.
✅ Daily Crypto Signals
📊 BTC • ETH • Altcoin Setups
🎯 Clear entries, targets & risk levels
⚡ Focused on high-quality opportunities, not overtrading
👇 Join the community:
t.me/+3A2sr9LZDfY5Mzll
💎 VIP Signals & Private Support
📊 BTC • ETH • Altcoin Setups
🎯 Clear entries, targets & risk levels
⚡ Focused on high-quality opportunities, not overtrading
👇 Join the community:
t.me/+3A2sr9LZDfY5Mzll
💎 VIP Signals & Private Support
Related publications
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.