đŻ BTC OUTLOOK
There are two main support levels: $80,500 and $71,000 - $74,000 (zone).
I won't lie â crypto is weak as hell. Crypto exchanges are fighting each other, Trump is doing his best to destabilize the geopolitical situation, many 4-year-cycle believers sell convinced Bitcoin is entering a 'bear cycle'.
On top of that, October 10, 2025, had a major negative impact on the industry as well. It didn't just wipe out a ton of liquidity â it also scared away many potential investors, both retail and institutional.
𼺠Not the best time to be locally bullish on Bitcoin and crypto.
Yet, I am not ready to give up on bullish trend as long as 1W candle closes above the $71,000 support level. If we zoom out and look at the a global Bitcoin chart, a retest of this level followed by a strong rebound is still very much on the table.
I WILL BUY (SPOT) BITCOIN IN TWO CASES:
1ď¸âŁ Positive reaction around $80,000 â any deviation below this level followed by a strong reclaim above it, and Iâm buying.
2ď¸âŁ Any touch of the $71,000 support â this would be an excellent zone for building a long-term position. We must see at least a bounce from here, as this remains the strongest support level for now.
