Bitcoin was at about $83,006 on Oct 20, up 1.24% on the day. The images above are generic BTC charts, not today's exact candles.
- **Trend:** Sideways with a mild upward bias. BTC recently dipped to $79,694 below the 50-day EMA, then buyers pushed it back above the $82,281 breakout level. - **Support:** $80K, with the 50-day EMA near $80.3K just below it. A close under that would weaken the setup. - **Resistance:** $84K is the next hurdle, then the recent peak around $87K. - **Momentum:** Recovering. October is flat so far, after a +25% August and +6% September. June fell about 20%. - **Bigger picture:** BTC hit highs above $125K in early October 2025 before a year-end correction, so it remains roughly a third below that peak.
**Near-term view:** Neutral to mildly bullish while $80K holds. A move above $84K would open a run at $87K. A breakdown below $80K points to $76–77K.