Rekt Capital|Nov 01, 2026 16:08
#BTC
The new Bitcoin Monthly Close is in
Key takeaways are:
- Bitcoin has failed its post breakout retest of $82500 (blue Range High)
- However, Bitcoin has Monthly Closed above the Range Low of ~$76300 to preserve the Monthly Range
- The October Monthly Close is closer to a Bearish Engulfing Candle as it engulfs the entire body of the September candle
- September Candle Lows have been lost as support and thus could act as resistance on any upcoming bounce
- The September Candle produced upside to ~$87k and any lesser rebound that that in November could be a sign of weakening support at the Range Low of ~$76300
BTC #Bitcoin
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