Bitcoin is currently trading below a key resistance level of **$114,500**, and a **strong Monday closing on 13 October above this level** is crucial for confirming a short-term bullish recovery.
If BTC successfully closes above **$114,500**, the next important resistance will be around **$119,500**.
A **Monday closing on 20 October above $119,500** would confirm a temporary bullish structure, giving Bitcoin the strength to test higher levels toward the **$127,600 liquidity zone** in November.
Currently, major liquidity is sitting near **$124,600 and $127,600**, which might attract price movement before any major reversal begins.
The market has already taken liquidity around **$101,000**, trapping retail sellers — and now, it may move up to grab the **short-side liquidity** before the next larger downtrend begins.
⚠️ **Be patient and stay disciplined. Avoid long positions for now.**
Focus on the market’s move toward the top, and prepare for **short positions near the highs** to capture the **2026 bear market** — which is expected to last from **September to November 2026**.
📊 The market often manipulates both sides before showing the real direction. Watch levels carefully and trade with confirmation.
💬 **Follow me on TradingView** for more Bitcoin and Ethereum updates — and comment below which coin you’d like me to analyze next!
If BTC successfully closes above **$114,500**, the next important resistance will be around **$119,500**.
A **Monday closing on 20 October above $119,500** would confirm a temporary bullish structure, giving Bitcoin the strength to test higher levels toward the **$127,600 liquidity zone** in November.
Currently, major liquidity is sitting near **$124,600 and $127,600**, which might attract price movement before any major reversal begins.
The market has already taken liquidity around **$101,000**, trapping retail sellers — and now, it may move up to grab the **short-side liquidity** before the next larger downtrend begins.
⚠️ **Be patient and stay disciplined. Avoid long positions for now.**
Focus on the market’s move toward the top, and prepare for **short positions near the highs** to capture the **2026 bear market** — which is expected to last from **September to November 2026**.
📊 The market often manipulates both sides before showing the real direction. Watch levels carefully and trade with confirmation.
💬 **Follow me on TradingView** for more Bitcoin and Ethereum updates — and comment below which coin you’d like me to analyze next!
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Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.