Price Prediction
Bitcoin Price Prediction: Can BTC Retest $85,000 After a 2% Drop as Oil Climbs?
Bitcoin price prediction for October 22 suggests the cryptocurrency remains bullish above $80,819, the support needed to hold a retest of $85,000. BTC is holding above the 50-day EMA at $80,819.36, trading at $82,245.90 and down 2% today after reaching $84,305.87 and slipping below its rising trendline at $83,000. A daily close back above $83,000 would put price over both the 100-day and 200-day EMAs at $77,411.78 and $76,139.79, respectively. RSI at 49.21 sits at the neutral 50 mark, favoring neither side. BTC looks more likely to hold $80,819 than lose it today, and a daily close below that level would put the 100-day EMA at $77,412 in play.