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October 21 analysis: Bitcoin rebounded to near the middle Bollinger Band last night but failed to hold above 83500. The outlook remains primarily bearish, with a 1-hour death cross to watch for a short entry. The bearish view remains unchanged unless Bitcoin holds above 83500. Ethereum's daily chart also shows only a rebound, not a reversal.

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BTCBTC-0.67%
ETHETH-1.26%


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ThisIsTranslateContent:Add
2026-10-21
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No short signal has been given on the 1-hour timeframe yet
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joho
2026-10-21
October 21 analysis: Bitcoin rebounded to near the middle Bollinger Band last night but failed to hold above 83,500. The focus remains on 🈳 for now; importantly, watch for a bearish death cross on the 1-hour chart as a shorting signal. Until it holds above 83,500, the 🈳 outlook remains unchanged. Ethereum’s daily chart also shows only a rebound, not a reversal.
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MayEverythingGoSmoothlyAnd
2026-10-21
First Review
October 21 analysis: Last night, Bitcoin rebounded to near the Bollinger middle band but failed to hold above 83,500. For now, the focus remains on 🈳, with particular attention to shorting on a death cross on the 1-hour chart. The 🈳 bias remains unchanged until Bitcoin holds above 83,500. Ethereum’s daily chart also shows only a rebound, not a reversal.
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