Chart Analysis● Neutral
BTC 1H Analysis: Tests $80,204 Resistance as Traders Watch the 1H Close
TradingGain Newsroom··26 Oct 2026, 04:40 UTCBitcoin is trading near $79,970, down 1.2% over 24 hours, and sits just below the $80,059 to $80,204 zone that now acts as resistance. A 1H close above $80,204 or below $79,647 would set the next direction.
BTC 1H Update 📊
BTC is trading near $79,970, down 1.2% over 24 hours. It bounced about 1% off the $79,179 low from Oct 24 and printed a higher low at $80,059. Price is now sitting just below the $80,059 to $80,204 zone, which was support before and is now resistance.
What I'm watching:
🟢 A 1H close above $80,204 opens a move to $80,622, a supply zone that has been touched 4 times
🔴 A 1H close below $79,647 opens a drop to $79,323
Wait for the candle to close, not just a wick. Keep your position size small.
Not financial advice, manage your risk. 🙏
BTC is trading near $79,970, down 1.2% over 24 hours. It bounced about 1% off the $79,179 low from Oct 24 and printed a higher low at $80,059. Price is now sitting just below the $80,059 to $80,204 zone, which was support before and is now resistance.
What I'm watching:
🟢 A 1H close above $80,204 opens a move to $80,622, a supply zone that has been touched 4 times
🔴 A 1H close below $79,647 opens a drop to $79,323
Wait for the candle to close, not just a wick. Keep your position size small.
Not financial advice, manage your risk. 🙏
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