🚨 BTC AT A CRITICAL LEVEL — WILL 81.6K HOLD OR WILL BEARS PUSH PRICE TOWARD 78K?
📊 BTC UPDATE | OCT 9
On M30 and H1, BTC remains below both the EMA50 and EMA200, with both EMAs sloping downward. This suggests the short-term bearish trend remains intact, with no clear reversal signal yet
On H4, BTC is testing the EMA200 around $81,600 - a key support level to watch closely
⚠️ The critical battle is happening at the H4 EMA200:
If support holds, BTC could rebound toward $82.5K–$83.5K
If support fails, we’ll maintain our bearish plan, targeting $78K–$80K
🎯Preferred Setup: SHORT on a pullback with confirmation
📍 Watch Zone: $82,200–$82,500
👀 Altcoins to Watch: $SOL, $ETH, $AVAX, $DOGE, and $XRP. Combine price action with your trading indicators and wait for a suitable confirmation signal.
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