Bitcoin: Godbole Sees $86K Retest Before $98K
Omkar Godbole posted on X that Bitcoin could retest $86K from current levels, with a breakout then opening thin air toward $98K according to his October 21 analysis.
SourceAnalysis
Omkar Godbole flagged on X that Bitcoin could at least re-test $86K, after which a breakout would leave thin air up to $98K.
Price sits at $84508.74 inside a bullish trend structure defined by the EMA50 at $82457.18 and EMA200 at $82097.33. Momentum shows RSI(14) at 68.61 while the MACD holds a golden cross at 405.52. With price already testing the upper Bollinger Band at $84011.49, the next logical step appears to be a measured pullback toward the EMA50 support before any sustained push higher.
Omkar Godbole, MMS Finance, CMT
@godbole17Staff of MMS Finance.