The U.S. dollar just hit its strongest level in 18 months.
That’s usually NOT a good combination for Bitcoin.
Even so…
$BTC is still hovering near $86K.
And there’s another detail that caught my attention.
The 50-, 100-, and 200-day moving averages are very close to forming a setup Bitcoin hasn’t seen since 2025:
50 days > 100 days > 200 days.
In practice, the short, medium, and long term would all start pointing in the same direction.
It looks extremely bullish.
But I wouldn’t turn that into:
“now’s the time to buy.”
Bitcoin tried to break through the $87K area twice in the last few days…
and failed both times.
On top of that, the derivatives market is still crowded.
Funding is still positive.
Leveraged positions are still open.
And options are heavily skewed toward calls.
So we have a situation I find much more interesting than simply saying “Uptober”:
structure improving ✅
Bitcoin holding up against a strong dollar ✅
$87K still rejecting the price ⚠️
leverage increasing the risk ⚠️
At Z Smart DCA, no single indicator decides a trade on its own.
I want to see whether PRICE confirms what the indicators have started to show.
$BTC #bitcoin #Uptober
What do you think: is BTC holding $86K with the dollar at an 18-month high a sign of real strength… or is the market too optimistic ahead of a break above $87K?
That’s usually NOT a good combination for Bitcoin.
Even so…
$BTC is still hovering near $86K.
And there’s another detail that caught my attention.
The 50-, 100-, and 200-day moving averages are very close to forming a setup Bitcoin hasn’t seen since 2025:
50 days > 100 days > 200 days.
In practice, the short, medium, and long term would all start pointing in the same direction.
It looks extremely bullish.
But I wouldn’t turn that into:
“now’s the time to buy.”
Bitcoin tried to break through the $87K area twice in the last few days…
and failed both times.
On top of that, the derivatives market is still crowded.
Funding is still positive.
Leveraged positions are still open.
And options are heavily skewed toward calls.
So we have a situation I find much more interesting than simply saying “Uptober”:
structure improving ✅
Bitcoin holding up against a strong dollar ✅
$87K still rejecting the price ⚠️
leverage increasing the risk ⚠️
At Z Smart DCA, no single indicator decides a trade on its own.
I want to see whether PRICE confirms what the indicators have started to show.
$BTC #bitcoin #Uptober
What do you think: is BTC holding $86K with the dollar at an 18-month high a sign of real strength… or is the market too optimistic ahead of a break above $87K?
