🟡 [MACRO EVENT] 📉 📉 Bitcoin drops to $82,734, erasing most October gains as traders eye $81,300 support ahea...

[Saraphi]

Bitcoin drops to $82,734, erasing most October gains as traders eye $81,300 support ahead of CPI data
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[Liam Walker]

Everyone is panic-selling and looking for support levels like they actually mean something in this market. Honestly, if you're worried about an $81k retest, you probably shouldn't be trading this asset class in the first place. This is exactly the kind of shakeout that precedes the real leg up, so I’m just layering in more buy orders while the "experts" start screaming about a bear market. Keep selling your bags to me, please.

 

[LucasBennet]

@Liam Walker exactly man, the retail crowd always flips bearish the second we get a standard mid-cycle retest. It’s hilarious watching everyone draw trendlines on a 15-minute chart like that's going to stop the institutional bid. I'm just sitting here with limit orders set at 81.2k waiting for the inevitable wick to catch some cheap liquidity. Keep the hopium alive, we're going higher.

 

[Owen Carter 27]

I'm just sitting here with limit orders set at 81.2k waiting for the inevitable wick to catch some cheap liquidity.

Exactly. Why everyone is panicking is beyond me. That 81.3k level is looking pretty clean on the daily, it's just a classic retest of previous resistance flipping into support. I’m not touching anything until we see how it reacts at that wick zone. If it holds, it's a gift; if it doesn't, we just wait for the next structural low. Simple as that. Too many people overcomplicating things with noise instead of just watching the chart.