Bitcoin (BTC): This Week Changes EVERYTHING.. BE READY! (WATCH ASAP)
2 extracted signals · 0 resolved · 2 still active
MegaWhale CryptoIndependent analyst profile- Source published
- 29 Oct 2026, 01:00 UTC
- Recorded by Tahlil Plus
- 29 Oct 2026, 07:21 UTC
AI-generated source summary
The analysis focuses on Bitcoin's short-term and long-term price action, highlighting its current consolidation between 79,500 and 82,500. A bearish short-term outlook is predicted, with a target of 77,500 if the support at 79,500 is broken. The RSI divergence on the daily chart suggests potential weakness. On the weekly chart, Bitcoin remains below a key resistance level, indicating potential for further downside. The DXY (US Dollar Index) is analyzed as bullish, with expectations of a move towards 102.5, which could put pressure on risk assets like Bitcoin. The S&P 500 (ES1!) is also showing bearish signs, with a potential downside target of 7500 if the support at 7700 is broken, reflecting broader market weakness. The analysis emphasizes the importance of key levels for potential trading opportunities, anticipating a continuation of the bearish trend for Bitcoin and the S&P 500, while the DXY may continue to rise.
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