BTC is trading around $83,500–84,000. It held the $82,500 weekly support level, avoiding a drop back into its earlier 2026 range of $60,000–$80,000. It also sits above its 50-, 100- and 200-day EMAs ($80,256, $76,510 and $75,599). That keeps the medium-term trend intact.
**Headwinds:** - Spot ETFs saw $681 million in net outflows last week, ending a three-week inflow streak. - Resistance sits near $85,000, and some analysts see heavier resistance around $87,300. - BTC is still about 34% below its $126,080 record. - Traders are waiting on US inflation (CPI) data, then the Fed meeting on Oct 28.
**Takeaway:** A weekly close below $82,500 would be a warning sign, while a clean break above $85,000 would favor bulls. Until then, expect choppy sideways movement.
This is a market summary, not financial advice. Crypto is highly volatile, so never risk money you can't afford to lose.