$BTC Update as of October 1st ⚡

Current Market Trend: Ascending (Recovery)

⚡Monthly Analysis: The month is concluding with a standard green candle, and a cluster of three-bar reversal patterns suggests a potential shift in the prior upward trend. However, this shift would require further upward momentum, possibly in the forthcoming month of October.

⚡Weekly Overview: A double-top price pattern is currently retesting the horizontal support level around 24,700, but a decisive breakthrough has not occurred. After several weeks of sideways movement, there are signs of a rebound, although it faces resistance from the moving average.

⚡Daily Perspective: Prices are consolidating within a defined range, engaging in a tug-of-war between bullish and bearish forces. A breach of the resistance levels at 27,400 - 28,000 would indicate a return to bearish territory, as observed on the Monthly chart.

📊In summary, $BTC is presently forming a sequence of bullish daily candles but encountering various hurdles, lacking a clear-cut direction at this point. On a broader scale, indications point toward another positive month. The key is vigilant observation and the identification of opportune entry points.

Wishing you a fortunate weekend of trading, along with quality time spent with family and loved ones!