Tai Bai|Oct 16, 2026 03:49
BTC 1H
The 82,600 resistance level mentioned yesterday has been reached, and there’s a small rejection.
The downward trendline hasn’t been broken yet, so we’ll continue to view this as consolidation until a breakout happens.
Broke the previous low at 80,100, triggered stop-losses, and immediately pulled back in a V-shape.
This is a classic move within a consolidation range.
Support below is first at 80,300, and further down at 79,000.
For the upside, only a strong move above 82,600 with volume and a breakout of the trendline would signal strength.
---
Join the Discord
(0xTaiBai.com)
Share To
Timeline
HotFlash
APP
X
Telegram
CopyLink