Markets· ★★★· neutral·

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