PANews|Oct 03, 2026 05:34
[Analyst: Bitcoin's Yearly High is $97,000, $80,000 to $83,000 is a Key Support Zone]
Trader Killa stated in a post that Bitcoin's highest target for this year is $97,000. For the remainder of the year, the price may continue to fluctuate below $97,000. However, the upward trend in this cycle is more parabolic compared to previous cycles, and the rally started earlier as well.
Killa emphasized that the $80,000 to $83,000 range is crucial, and its importance is often underestimated by most people: if the price clearly breaks below this support zone, the next possible target range would be $74,000 to $77,000. This is likely to become the "panic sell-off" bottom before the price ultimately surges toward $97,000.
However, if the current upward momentum continues, the pullback could be much shallower, possibly only falling back to just above the $80,000 level, before initiating the next leg of the rally.
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