Why is Bitcoin TRAPPED Between $80K And $85K

On Bitcoin

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• Next days (next 1–7 days): Waiting on a level: This week, what happens in the stock market, the oil market, and at the Fed will determine whether 80K holds, whether Bitcoin breaks back towards 85K or whether 75K comes into play. ▶ 00:26

If this, then that

• If Reclaim 85K, then 87k (next days): Reclaim 85K and 87K opens up. ▶ 04:18
• If Lose 80K, then 75k (next days): Lose 80K and 75K comes back into play with long liquidations building between 76 and 78K. ▶ 04:20
• If A weekly close above 85K that clears the 81K to 82.5K break even supply, then 87k (next days): a weekly close above 85K that clears the 81K to 82.5K break even supply breaks the lower high structure and puts 87K in reach ▶ 10:25
• If A daily close under 80K alongside ETF outflows and rising exchange balances, then 75k (next days): A daily close under 80K alongside ETF outflows and rising exchange balances is the 75K setup. ▶ 10:42

Levels named

• 87.2–87.5k: Resistance (Yearly open stacked with the 20-month moving average): There's the yearly open at about 87.5K and the 20month moving average at about 87.2K. ▶ 02:54
• 85k: Resistance (Where Bitcoin got turned away most recently): And why is 85K the level that everyone's watching? Well, because that's where Bitcoin got turned away most recently. ▶ 02:39
• 81–82.5k: Resistance (Overhead supply from holders waiting to break even): Roughly 874,000 BTC was bought between 81K and 82.5K. ▶ 03:15
• 80.6k: Resistance (Daily close above the 50-day EMA is one of the breakout signals): First, a daily close above the 50-day exponential moving average, which is at about 80.6K. ▶ 10:16
• 80k: Support (Right around where the biggest institutional buyers break even): So that 80K floor is no coincidence. It's right around where the biggest institutional buyers break even. ▶ 03:45
• 77.6k: Support (Glassnode true market mean, last major stop on the way down): And Glass Node's true market mean at about 77.6K is the last major stop on the way down. ▶ 04:29

Their own position: Not said.

Dates named

• Fed decision and Kevin Walsh press conference on 28 Oct 2026: First, the Fed's decision later today and the subsequent press conference from Kevin Walsh, which should give us a read on what they expect to do in December.
• Microsoft and Alphabet earnings on 28 Oct 2026: You see, Microsoft and Alphabet report tonight after the close, while Amazon reports after the close tomorrow.
• Core PCE inflation print on 29 Oct 2026: And that's why tomorrow's core PCE print is also such a big deal.
• Amazon earnings on 29 Oct 2026: tomorrow evening, Amazon will close out the vital run of earnings calls.