Rekt Capital|Oct 29, 2026 14:45
#BTC
Bitcoin is experiencing lots of zig-zagging relative to both the Weekly levels of ~$80400 and $81400
And this will probably continue going into the new Weekly Close
Most recently, Bitcoin has Daily Closed above ~$80400 and successfully retested it as support, albeit in a very volatile fashion
Holding the ~$80400 Daily level was the stipulation for bulls to stand a chance at reclaiming the ~$81400 Weekly level and for the moment they are holding that level
The question is if this recently acquired momentum can persist, because thus far any momentum price would garner would promptly be lost and then recovered again
The key takeaway on the Daily is whether price holds it as support or resistance in the meantime, and that has role has been changing almost every day
This is lower timeframe volatility so the Weekly Close will tell all
BTC #Bitcoin
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