Bitcoin's October outlook hinges on $82K support, analysts say
- —Bitcoin fell back to $83,500 after surrendering a post-PCE rally above $85,500
- —October range seen at $78,000–$95,000, with $87,500 as the main breakout level
- —Liquidation cluster at $82,000–82,500; a break could accelerate a drop toward $80,000
- —U.S. spot Bitcoin ETFs drew about $2.4 billion last week, but daily inflows slowed to $31.1 million on Sep. 28
Why it matters: Holding $82,000 will determine whether October's seasonal bullish setup survives or Bitcoin slides toward $80,000.
Source: crypto.news