Bitcoin (BTC): WARNING.. A MAJOR Crash Could Be About To Begin! (WATCH ASAP)
1 extracted signal · 0 resolved · 1 still active
MegaWhale CryptoIndependent analyst profile- Source published
- 23 Oct 2026, 01:00 UTC
- Recorded by Tahlil Plus
- 23 Oct 2026, 05:00 UTC
AI-generated source summary
The analysis indicates Bitcoin (BTCUSDT) is currently in a short-term downtrend following a rejection at 85,000. The price has fallen below a diagonal trend line and the RSI is also showing bearish divergence. The key short-term support is identified around 80,800, with further support expected around 76,500 to 75,400. If these levels fail, the price could extend lower, potentially targeting the 71,200 to 70,200 zone, which represents a significant area of liquidity. The long-term trend, observed on weekly and monthly charts, remains bullish. However, the current setup suggests a bearish bias for the immediate short-term. The analysis highlights key price levels for potential support and resistance, indicating that a break below 79,300 would invalidate the current bullish structure and confirm a deeper correction, likely targeting the 76,500 to 75,400 support zone. Conversely, a sustained break above 85,000 would signal a potential continuation of the bullish trend, although this is considered less probable based on the current technical indicators and price action.
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