Bitcoin: Surges Above $86000 to Open October
Bitcoin climbs above $86000 with 4.3% gains in two days; 4h chart shows bullish MACD and EMA support at $83827.
SourceAnalysis
Bitcoin has reclaimed $86000 territory with a 4.3% advance in just two days as October trading opens.
BTC price action now tests upper Bollinger resistance at $85540.17 while the 4h RSI sits at 68.18 and the MACD maintains its golden cross at 352.97; this confluence points to a probable retracement toward the EMA50 support at $83827.26 before the next leg higher in the established bullish trend.
Kashif Raza
@simplykashifThis personal account shares perspectives on technology startups and digital innovation, with content spanning AI advancements, software development trends, and entrepreneurial strategies for building tech-focused businesses.
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