$BTC Update | Oct 3, 2026 📊
Bitcoin is trading around $84.5K (-0.5% 24h). It spiked above $87K after the weak U.S. jobs data, then reversed, with about $600M in liquidations.
Key levels:
🔴 Resistance: $85.5K / $86.8K
🟢 Support: $82.3K / $81.7K (20-day EMA)
⚠️ A break below $81.7K could open a move toward $79.5K
Bulls:
✅ ETF inflows are back (+$103M to start October)
✅ Citi raised its 12-month target to $113K
✅ "Uptober" seasonality: 10 of the last 13 Octobers closed green
Bears:
❌ The short-term range broke down and RSI is cooling
❌ Fed rate-hike odds and jobs data are driving volatility
My view: Short-term pullback toward $82K is possible. The bigger trend stays intact while $82K holds. Wait for a confirmed close above $86K before getting too bullish.
What's your target for October? 👇
#BTC #Bitcoin #Uptober
#CryptoAnalysis" #BinanceSquare
Bitcoin is trading around $84.5K (-0.5% 24h). It spiked above $87K after the weak U.S. jobs data, then reversed, with about $600M in liquidations.
Key levels:
🔴 Resistance: $85.5K / $86.8K
🟢 Support: $82.3K / $81.7K (20-day EMA)
⚠️ A break below $81.7K could open a move toward $79.5K
Bulls:
✅ ETF inflows are back (+$103M to start October)
✅ Citi raised its 12-month target to $113K
✅ "Uptober" seasonality: 10 of the last 13 Octobers closed green
Bears:
❌ The short-term range broke down and RSI is cooling
❌ Fed rate-hike odds and jobs data are driving volatility
My view: Short-term pullback toward $82K is possible. The bigger trend stays intact while $82K holds. Wait for a confirmed close above $86K before getting too bullish.
What's your target for October? 👇
#BTC #Bitcoin #Uptober
#CryptoAnalysis" #BinanceSquare
