Yakub_235
$114K BTC Consolidation: Healthy Retracement or Warning Sign? My 10/1 Technical Outlook 📉📈
Content:
Hey GateSquare traders! Welcome to October. While the sentiment is high, we need to analyze the current structure carefully.
$BTC is holding its ground at the $114,024 level, but technically, we are seeing a short-term "falling trend channel" (as of this morning's analysis). This means we've seen lower prices accepted by sellers over the past 24 hours.
🔑 Key Technical Levels to Watch:
BTC Support: Watch the $112,500 psychological level. A break below could signal a quick dip to fill gaps befo
Content:
Hey GateSquare traders! Welcome to October. While the sentiment is high, we need to analyze the current structure carefully.
$BTC is holding its ground at the $114,024 level, but technically, we are seeing a short-term "falling trend channel" (as of this morning's analysis). This means we've seen lower prices accepted by sellers over the past 24 hours.
🔑 Key Technical Levels to Watch:
BTC Support: Watch the $112,500 psychological level. A break below could signal a quick dip to fill gaps befo