Bitcoin price stalls below $84K as analysts split over $90K target

Bitcoin price has recovered to around $81,731 after falling below $80,000 this week, while a daily retreat beneath its Bollinger midpoint has left traders divided over whether the rebound can reach $84,000. Bitcoin traded near $81,731, down 2.44% from its weekly opening price on Binance. Daily Bollinger Bands placed the midpoint at $83,478 and the lower boundary near $80,592. Weekly RSI stood at 56.75, while the green Supertrend line remained near $66,812. Market commentator Wealthmanager outlined a conditional $90,000 target if Bitcoin breaks above $84,000. TradingView’s Binance BTC/USDT charts at 8:11 a.m. UTC on Oct.

Source: crypto.news