Bitcoin Wave Analysis

Bitcoin: ⬆️ Buy

– Bitcoin reversed from key support level 82000.00

– Likely to rise to resistance level 87185.00

Bitcoin cryptocurrency recently reversed up from the support zone between the pivotal support level 82000.00 (former resistance from May and the start of September) and the 50% Fibonacci correction of the upward impulse (5) from the middle of September.

The upward reversal from this support zone completed the wave (C) of the primary ABC correction 4 from the middle of September.

Given the strength of the support level 82000.00 and the overriding daily uptrend, Bitcoin cryptocurrency can be expected to rise further toward the next resistance level 87185.00 – which stopped wave (5) in the middle of September and wave (B) at the start of October.

Bitcoin Wave Analysis – 9 October 2026


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