Bitcoin is grinding sideways just under resistance, with a possible breakout next week if stocks stay strong — mildly positive for buyers, but a fake-out risk remains.

• Bitcoin has been stuck in a range for two weeks, cooling off without crashing.
• The bearish warning signal on the daily chart is still live but close to being cancelled out.
• A strong US stock market, with the Nasdaq 100 at a record high, could trigger a breakout attempt in the coming week.
• Ethereum, XRP, Solana and Chainlink are all in the same holding pattern and will likely move together with Bitcoin.
• The bigger picture still points up: the weekly trend has been bullish since the summer.

Outlook: A push above the highs looks likely in the next one to two weeks, but a weak breakout could lead to another pullback later this month.

## Bitcoin Levels

• **Bias:** Bullish longer term, neutral to cautious short term.
• **Support:** $82,000, with a liquidity cluster near $82,500.
• **Resistance:** $86,000–$88,000, with local highs at $87,000–$88,000 and a liquidity cluster near $87,400.
• **Targets:** $96,000–$98,000 once $86K–$88K is cleared.
• **Invalidation:** A breakout and close above the $88,000 highs with the RSI making a higher high cancels the bearish divergence; a major stock market drop delays any breakout.