$BTC Weekly Analysis — 7 Oct 2026

Bitcoin is currently around $83K–$85K and the short-term picture has turned neutral-to-bearish after repeated rejection near $87K. BTC fell below $85K today as rising Treasury yields, oil prices and a stronger dollar pressured risk assets.

Key levels this week:

🔴 Resistance 1: $84,500–$85,000

🔴 Major resistance: $86,500–$87,300

🟢 Support 1: ~$83,300

🟢 Support 2: ~$82,000

🟢 Major support: ~$80,000

A daily close above $87,300 would significantly improve the bullish setup and could open the way toward $90K+.

If BTC loses $83K, the next important downside area is $80K–$82K. A sustained break below $80K would make the weekly structure considerably more bearish.

Bullish factor: U.S. spot Bitcoin ETFs recorded about $118.9M net inflow on Oct. 6, while September saw about $2.65B of net inflows, showing institutional demand hasn't disappeared.

My weekly scenario

BTC $87.3K breakout → bullish → $90K–$93K possible.
BTC stays below $87K → range/choppy → $82K–$87K.
BTC breaks $82K → bearish → $80K becomes the key target.

For a trader, $87.3K and $82K are the two most important levels to watch this week. This is market analysis,#BTC #Ethereum #BNB走势 #SOL空投 not a guaranteed prediction.