Bitcoin correction setup points to $79,500 target

Oct 13, 2026

Bitcoin looks set to trigger a short-term sell signal, which is bad news for buyers in the near term.

  • A daily close below $82,700 would flip the short-term trend lines bearish.
  • That signal usually drags price down to the 55-day average, pointing to $79,500.
  • The move typically lands within 7 to 10 days, and happens 80-90% of the time.
  • The last signal failed to reach that target, but that was a rare outlier.

Outlook: Expect a drop toward $79,500 over the next week to ten days unless Bitcoin holds above $82,700.

## Bitcoin Levels

  • **Bias:** Bearish short-term
  • **Sell / take profit:** Below $82,700 on a daily close confirms downside
  • **Support:** $79,500 (55 EMA)
  • **Targets:** $79,500 minimum downside target
  • **Invalidation:** A daily close holding above $82,700

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