Bitcoin Price Analysis: BTC Blasts Past $84K – Is $90K the Next Target?
Photo: CryptoPotato
Bitcoin is pushing back toward $86K after buyers defended the $80K short-term demand zone once again, with BTC trading close to $85K. The rebound comes as markets price in roughly a 25% chance of another Fed hike at the late October meeting, following September’s quarter-point increase. Meanwhile, the NVM Ratio has climbed to its highest level since early 2026, indicating that BTC might be overvalued in terms of network activity. Bitcoin Price Analysis: The Daily Chart BTC continues to trade within the ascending channel that has defined the recovery from the late-June lows near $58K.
Source: CryptoPotato
