For educational purposes (I am invested on studying markets that show the sentiment of the people )
Bitcoin Technical Analysis – October 2, 2025 Current Market Position:
Bitcoin trades at $120,356, with bullish alignment across all timeframes (3W through 4H). The Market Memory (Lagging Span) is above the Balance Field (Cloud) everywhere, a powerful confirmation of trend.
On September 30, price broke above the Daily Foundation Plane (SSB) at $115,800 with a 300% surge in volume, clear evidence of institutional flow. All lines — the Impulse Line (Tenkan), the Gravity Point (Kijun), and the forward planes — are pointing higher.
The next test is the all-time high at $124,000, likely touched around October 3–4. Price is currently stretched $3–4k above the Weekly Gravity Point (Kijun) at $116–117k, showing overextension from equilibrium.
A Balance Field twist at $114,879 on October 4 sets a stable floor below. Fibonacci projections place the next upside target at $126,818 by October 10.
Expected Price Action:
After testing $124k resistance, a healthy pullback to the Weekly Gravity Point (Kijun) $116–117k is likely. This is natural mean reversion, not a reversal. That level also aligns with the Gann Venus harmonic octave completion at $117k on November 17, reinforcing its strength as equilibrium.
Key Levels to Watch:
• $118.7k – 4H Gravity Point (Kijun), first support
• $116–117k – Weekly Gravity Point (Kijun) + Gann octave confluence
• $114.8k – Daily Foundation Plane (SSB), invalidation line
As long as Market Memory (Lagging Span) stays above the Balance Field (Cloud), and volume behavior confirms (declining on dips, rising on rallies), Bitcoin remains set for continuation toward $126–135k into late November–December.
Sequence Ahead:
1. Test ATH near $124k
2. Mean reversion mid-October (~$116–117k) at the Gravity Point
3. Consolidation into November along the Balance Field
4. Continuation rally toward $126–135k into year-end
Have fun !
