Bitcoin is stuck in a tight range just under resistance, which is neutral for now but points to a bigger move soon.

• Bitcoin has traded flat for almost two weeks, cooling off without crashing.
• Large pools of trader bets sit both above and below the price, pulling it in both directions and keeping it pinned.
• The longer-term trend is still bullish, with weekly indicators green for a month.
• A breakout attempt looks likely later in October if US stocks keep pushing to record highs.
• Watch for a weaker momentum reading on any breakout — that would signal another few weeks of cooling off instead.

Outlook: Expect flat price action through the weekend, then a volatile move next week, with direction tied to the stock market.

## Bitcoin Levels

• **Bias:** Bullish longer term, neutral in the short term
• **Support:** $82,000 (key), $82,800-$83,000 minor, $80,000-$82,000 zone
• **Resistance:** $85,000 minor, $86,000-$88,000 (main), $96,000-$98,000 above that
• **Targets:** Liquidity at $87,200-$87,500 above, $82,400 below; $96,000-$98,000 on a confirmed break above $88,000
• **Invalidation:** Losing the $80,000-$82,000 support zone