Bitcoin's weekly signal points to gains within 13 weeks
Bitcoin's run of three straight green weeks and its strongest weekly close in 35 weeks both point higher over the next three to six months, which is good news for holders and anyone buying now.
- Three green weeks in a row has happened 47 times since 2012, and the odds of being higher keep improving the further out you look — 71% at 13 weeks, 75% at 26 weeks.
- The highest weekly close in 35 weeks tells the same story, with similar odds and a six-month average gain near 40%.
- Those two signals are unrelated to each other, which makes the agreement between them more convincing.
- Six-figure Bitcoin before year-end now looks more likely than not, and betting markets on Kalshi are finally catching up after badly underpricing it.
- A hold from the Fed in October is heavily favored after Friday's weak jobs report; a hike looks very unlikely.
Outlook: A move into the low $90,000s is likely sometime in October, probably mid-month, with another leg up possible in November.
## Bitcoin Levels
- **Bias:** Bullish into year-end, with a short-term dip likely first.
- **Buy / accumulate:** Current levels are still decent value; the $83,000–$84,000 zone is the preferred bounce area to add.
- **Support:** $84,800 daily mid-band, then $84,000, then $82,800; last trending higher low at $80,000. IBIT gap at $46.50 maps to roughly $82,800.
- **Resistance:** $88,500 as the next continuation target, then $90,000.
- **Targets:** $90,000 in October, shallow $90,000s thereafter, $108,000 by year-end on a 25% move (roughly six figures even on the more conservative 18% version).
- **Invalidation:** Weekly close below $82,000 or daily close below $80,000 would force a rethink.