Daan Crypto Trades|Oct 31, 2026 21:03
BTC Held on to the $76K level. I think that is your short term invalidation level on this bounce. Below there I think we go down to test the $72K-$73K support as the next level up.
But this $76K area has a lot of confluence as you can see.
- Daily 200EMA
- Bull Market Support Band
- 0.382 Fibonacci Retracement level from the full high timeframe leg up.
We've had some heavy weather with a lot of events like FOMC, (disappointing) Tech earnings, Elections (midterms next week to go), the biggest hack in history and geopolitical uncertainty.
So considering all that, BTC has not been doing bad at all. Let's see if it can hold that strength and join the upside whenever stocks do see some relief again.
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