Bitcoin Price Analysis: Will October Bring a Pullback?
1 extracted signal · 0 resolved · 1 still active
More Crypto OnlineIndependent analyst profile- Source published
- 29 Sept 2026, 00:17 UTC
- Recorded by Tahlil Plus
- 29 Sept 2026, 00:39 UTC
AI-generated source summary
The analysis suggests that Bitcoin has completed a five-wave advance from its July low. Key support levels are identified around 83,000 to 81,000. The current price is testing resistance around 84,000, which is a critical zone. The broader analysis indicates a potential for further upside targets at 88,596, 92,220, and 97,637. However, if the price breaks below the 82,937 level, the bullish outlook would be invalidated, potentially leading to a move towards 71,252 or even lower. The longer-term chart on the daily timeframe shows a similar structure, suggesting potential retests of previous highs before a more significant move up. The analysis focuses on Elliot Wave principles and Fibonacci retracement levels to forecast potential price movements and key levels to watch.
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Tahlil Plus independently records and evaluates public market predictions. Extraction may be AI-assisted and results follow the Tahlil Plus methodology. This information is not financial advice.