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Author Topic: Bitcoin Chart View  (Read 32 times)
kanftka (OP)
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October 31, 2025, 07:57:40 AM
 #1

WEEKLY BITCOIN CHART VIEW

PLEASE READ

Hello everyone, before anything, i want to make it clear that this is not something anyone should use as a benchmark for making investment decisions. This is simply my own personal view and what I am seeing from a technical point of view on the Bitcoin chart.. I could be wrong, and honestly, I am totally open to corrections, constructive criticism, or any other opinions..

I am not here to act like I can predict what Bitcoin will do next, no, not at all, I am actually far from that..  This is just me sharing how I personally see things technically, because technical analysis is still a valid and widely accepted approach in the financial world, whether you are looking at Bitcoin or any other financial asset. It is simply about reading what is on the chart and understanding possible reactions based on price and structure..

So please, do not take my analysis as a green light or red light for when to invest in Bitcoin. Everyone should stick to their own individual plan or strategy, whatever works best for you. If your strategy for accumulation is DCAing or anything else, then just stay consistent with that.. Do not throw it away or alter your plan just because of what I post here.. What I share is not to replace your judgment or to serve as your financial signal, it is just a technical view..

I want to make it even clearer again that this is not to promote high volatility trading, or anything of that sort. That is way far from what I am doing here. The goal of this topic is simply to discuss and view Bitcoin from a technical point of view looking at structures and just generally how the chart is shaping up week after week..

Each week, I will be posting my Weekly Technical View, breaking down what I see on the Bitcoin chart and why I see it that way. I will go into details as much as possible, not to tell anyone what to do, but just to share my thoughts, my observations, and maybe create some discussions around it. I believe we all see things differently when it comes to charts.. You might see something I missed, or you might view it completely differently, and that is fine. I am always open for corrections and healthy discussions..

Lastly, I want to say this again, I am not trying to predict Bitcoin..  Technical analysis doesn’t predict the future. It only gives you a structured way to read market behavior and possible reactions based on past data and chart structure. No one can predict what the market will do next.. My analysis could turn out right or wrong, and that is perfectly okay..

So yeah, every week I will share my view, explain the reasoning behind it, and we will talk about it here..  Feel free to drop your own thoughts, corrections, or anything you notice on the chart as well, as long as it is a good one and constructive..
kanftka (OP)
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October 31, 2025, 08:00:30 AM
 #2



From the chart above, we can see that Bitcoin is currently reacting around a key support zone, roughly between $104,000 and $109,000, after a few rejections in that same region in previous weeks..

Just below the current price, we can see the 50% Fib Zone ( around $100,700) which aligns perfectly with another historical reaction level.. This level could act as a potential retracement zone if Bitcoin fails to hold the immediate support.. I mean if Bitcoin breaks below the current support, the 50% Fib level might be the next logical support level..

Overall, from a technical perspective, the current structure shows Bitcoin still holding a bullish structure overall, but clearly in a correction or pullback phase.. As long as the support holds the overall bias is still very bullish in the long term…

Chart Content

Color Settings:
Background: Black
Bullish Candlestick: Green
Bearish Candlestick: Red
Support & Resistance Lines: Light Cyan Blue
Price Labels: Light Cyan Blue

Common Abbreviations:
50% FIB  – 0.5 Fibonacci Level
FIB         – Fibonacci Retracement
BTT        –  Bitcoin Talk
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