Daan Crypto Trades|Oct 10, 2026 20:05
BTC Fighting for that $83K level. Weekly closes above would be good for the bulls in the short term.
Below we see the Daily 200MA/EMA moving up. Generally right after a big breakout from a bear trend you do test these at some point later in the trend. At this moment they are moving up by about ~$100 a day so even if price remains stable, you will see the Daily 200EMA catch up in about ~2 months or so.
Good to keep an eye on that if/when it happens at whatever price that might be. Generally these offer a good initial support after price broke out from it.
These two are also what rejected price back in May and send BTC to new lows.
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