Bitcoin Fate Sealed By October 31? Analyst Says The Clock Is Ticking

Bitcoin slipped below three-day Ichimoku cloud support on Wednesday, prompting market technician Dr Cat (@DoctorCatX) to flag the first decisive warning for bulls while outlining a tight sequence of conditional signals into month-end. Sharing a chart on X, he wrote: “Bulls finally lost the 3D kumo support which is the first clear red flag to look for. ” He cautioned that the breakdown does not guarantee a straight-line slide, adding that “the kumo is very thick here which means the price can be very spiky/turbulent and even further down moves may be ‘bumpy’ for bears with bounces etc…” Why Bitcoin’s Next Bull Window Opens October 31 The analyst framed the next tests through the lens of Ichimoku’s time-price structure and the weekly baseline. “Probably the clearest indication for now to watch for would be the time cycles and whether the weekly Kijun Sen will hold,” he said, specifying levels at $105 source: https://www.newsbtc.com/bitcoin-news/bitcoin-fate-sealed-october-31/