Bitcoin retraces into 83450 supply zone

Bitcoin price retraces into 83450 supply zone after CHoCH and li.

Oct 12, 2026

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Bitcoin retraces into 83450 supply zone

Bitcoin price retraces into 83450 supply zone after CHoCH and li.

In brief

Bitcoin price retraces into 83450 supply zone after CHoCH and li. Bitcoin retraced into 83450 supply zone after CHoCH and li for OKX. Originally reported by TradingView.

Bitcoin price retraces

Bitcoin price retraced into 83450 supply zone after CHoCH and li for OKX.

Key levels for short

The 83940-84037 zone flipped from resistance to support during the rally and back to resistance on the way down.

Short target and invalidation

Short target and invalidation

Targeting 82960 with invalidation above 83612 to break lower-high sequence.

Here's the gist

Bitcoin retraced into 83450 supply zone after CHoCH and li for OKX.

Read the original on TradingView

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