Bitcoin Wave Analysis

Bitcoin: ⬆️ Buy

– Bitcoin reversed from support level 80000.00

– Likely to rise to resistance level 82000.00

Bitcoin cryptocurrency recently reversed up from the support zone between the round support level 80000.00 (which stopped wave (A) in the middle of October), the lower daily Bollinger Band and the 61.8% Fibonacci correction of the upward impulse (5) from the middle of September.

The upward reversal from this support zone completed the intermediate ABC correction 2 from the end of September.

Given the strength of the support level 80000.00 and the strong daily uptrend, Bitcoin cryptocurrency can be expected to rise further toward the next resistance level 82000.00.

Bitcoin Wave Analysis – 27 October 2026


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