#bitcoin #october

as it stands now bitcoin at 62000.. potential rally across downside or upside is expected in coming months .

monthly charts have huge resistance on the highs at 65300 and 67800 and ofcourse around 73000 ath. pullbacks are expected around and close to these levels..

support levels are at 59800, 58300 and 55600.. reversal from the candle to be expected at the price range of 55600 but if that doesnt hold, we are in for a price drop to around 47000 or close to 50000...

the market is approaching a very dramatic price action in october we could see actual pump and fall back and retest of these resistances atleast few times before actually deciding which way the charts align in november.. dont lose hope or give into fomo. market swings are guaranteed at these levels only to shake the weak out of he equation.

prediction october last week would see the mark of a major price action which could push bitcoin to as high as 87000.

2nd to 3rd week may swing prices between 67000 and 63000 a potential sudden drop or spike to retest 60000 and 71000.

adjust your positions accordingly . take profit when you see fit and wait for the final dip of the end of the year and open position and hold them till year end. happy trading.