
Bitcoin Holds Above $85K as Monthly Closes Shift Bearish Odds
- —September close was the strongest since December, with BTC 27.05% below its October 1, 2025 level
- —July close was 45.13% below that level, August 31.21% below
- —Cowen: a July cycle low would be the earliest ever, versus prior Q4 lows
- —Key resistance sits at $87,000; a break would weaken the comparison to late-2025 consolidation
Why it matters: If July marked the cycle bottom, the current range could be a base for recovery, but holding above $87,000 remains the near-term condition.
Source: TronWeekly
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