Rekt Capital|Oct 30, 2026 11:44
#BTC
Bitcoin has failed the retest of ~$82500 which was anticipated as retests here tend to be messy
Bitcoin has since dropped across the blue-blue Monthly Range, almost cancelling out September upside in its entirety and in doing so falling into April/May 2026 highs
The Monthly Candle Close is just around the corner and so it's worth considering the potential implications of the close relative to key levels
Monthly Close above ~$76300 would mean price would maintain Monthly market structure and keep the range
And by keeping the Range, there could still be scope for downside wicking below ~$76300 in November, for example
But Monthly Close below ~$76300 and this Range could to experience breakdown
No need to jump to conclusions about these Monthly levels just yet but it's worth thinking ahead
Let's await confirmation in what the final Monthly Close offers and take it from there
BTC #Bitcoin
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