Bitcoin Analysis – 30.Sep.2026
Bitcoin Analysis: By analyzing the #Bitcoin chart on the weekly timeframe, we can see that after reaching around $87,400, BTC entered a correction and dropped toward $82,600. Buyers reacted from this area and pushed price back toward $85,000, while Bitcoin is currently trading around $83,500.
The most important area now is the $80,500 – $82,400 demand zone. As long as BTC can hold and stabilize above this region, I still expect the broader bullish scenario to remain valid, with $90,000 as the first major upside target.
Above that, the key supply area from the previous analysis remains the $90,000 – $98,000 Bearish Order Block. A strong breakout through this zone could open the way toward $100,000, $106,000 and eventually $112,000 – $126,000.
On the downside, if the current demand fails, the next important area remains around $78,000 – $80,000. For now, the main structure is still bullish as long as buyers continue defending the current demand zone.
(This Post on TradingView)
Author : Arman Shaban
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