Published 30 Oct 2026, 03:54 UTC · fetched 3 Nov 2026, 10:59 UTC
That Martini Guy ₿
@MartiniGuyYT
Bitcoin has just lost a support level that had been holding for weeks. $79,500 was the line bulls needed to defend. After multiple tests, sellers have finally pushed BTC below it. We're now trading around $78K, with the latest 4H candle reaching as low as $76,371. And here's the problem. The $79,500 level is now the first area Bitcoin needs to reclaim. Until that happens, it risks turning former support into resistance. If buyers manage to recover $79,500, we could see some relief towards $81K. But if BTC remains below it, another move lower cannot be ruled out. The bigger resistance levels remain $83,500 and $87,000. For now, the 4H structure has weakened considerably. Bulls need to get that $79,500 level back quickly.View original on X ↗
Deterministic: the same prices and policy always give the same result
unscored Awaiting manual review
Only the end-of-horizon price counts. A brief move followed by a reversal is not a success. Read the methodology
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