Bitcoin To Crash When These 2 Supports Break?
1 extracted signal · 0 resolved · 1 still active
Trade ConfidentIndependent analyst profile- Source published
- 07 Oct 2026, 17:02 UTC
- Recorded by Tahlil Plus
- 07 Oct 2026, 21:46 UTC
AI-generated source summary
The analysis focuses on Bitcoin (BTCUSDT) and suggests a bearish outlook. The current price is noted at $82,510, with a rejection at $87,397 and testing support at $82,510. If this support breaks, the measured move points to $74,888, which is identified as the next strongest support, representing a roughly 9.3% downside move. Further major support levels are watched at $62,210 (approximately 25% lower) and $58,414 (approximately 30% lower). A daily close below $82,510 is considered the key signal to invalidate the current uptrend and trigger a sharper move down. The analysis is based on technical patterns, including a potential liquidity grab and carry trade unwind, referencing historical price action from August 2024.
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