BTC remains under pressure inside the descending channel, with each recovery failing to establish a meaningful change in market structure.
On the 2H chart, price has broken below the 76K–77.7K support zone, turning it into a key resistance area. Both EMAs continue to slope downward, suggesting that any short-term rebound could attract sellers rather than signal a genuine reversal.
The macro backdrop reinforces this bearish outlook. Regulatory uncertainty following the US midterm elections continues to weigh on crypto sentiment, while markets are pricing an approximately 85% chance of another Fed rate hike in December.
If BTC fails to reclaim 76K–77.7K, I expect another decline toward 74K, followed by the lower-channel target around 72K–73K.
Preferred scenario: rebound toward 76K–77.7K → rejection → 74K → 72K–73K.
On the 2H chart, price has broken below the 76K–77.7K support zone, turning it into a key resistance area. Both EMAs continue to slope downward, suggesting that any short-term rebound could attract sellers rather than signal a genuine reversal.
The macro backdrop reinforces this bearish outlook. Regulatory uncertainty following the US midterm elections continues to weigh on crypto sentiment, while markets are pricing an approximately 85% chance of another Fed rate hike in December.
If BTC fails to reclaim 76K–77.7K, I expect another decline toward 74K, followed by the lower-channel target around 72K–73K.
Preferred scenario: rebound toward 76K–77.7K → rejection → 74K → 72K–73K.
Trade attivo
Trade chiuso: obiettivo raggiunto
Join our group and unlock real-time Forex, gold, and crypto signals — sharp insights, fast alerts, and opportunities you don’t want to miss.
Join now: t.me/+dfxDTk_DRtg4Mzll
Join now: t.me/+dfxDTk_DRtg4Mzll
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.
Join our group and unlock real-time Forex, gold, and crypto signals — sharp insights, fast alerts, and opportunities you don’t want to miss.
Join now: t.me/+dfxDTk_DRtg4Mzll
Join now: t.me/+dfxDTk_DRtg4Mzll
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.