Bitcoin's weekly breakout is lining up several historically bullish signals at once, and the read is that six figures by year-end is a realistic target — good news for holders, though a sharp double-digit pullback along the way is expected.

• Bitcoin closed last week with a rare weekly bullish engulfing candle and reclaimed its last trending lower high, confirming the breakout from September's sideways range.
• Past weekly engulfing candles have delivered median gains of 12% after a month and 23% after six weeks, which from current prices points above $100,000 by mid-November.
• The weekly stochastic also just entered its strong-momentum zone for the first time since mid-2025, a signal that has been followed by gains 89% of the time.
• A golden cross from early September is tracking ahead of its historical path, with the biggest gains usually landing 30 to 50 days after the cross.
• Ethereum has reclaimed all its major moving averages and is expected to run toward $3,200 to $3,600 before pulling back.

Outlook: Bitcoin is expected to push higher first, likely toward $90,000 to $95,000, before a nasty but buyable correction sometime in the fourth quarter.

## Bitcoin Levels

• **Bias:** Bullish — fresh breakout, expects more upside in Q4 with a double-digit correction along the way
• **Buy / accumulate:** Ongoing daily DCA at current prices (order placed at $85,900); the coming double-digit pullback is seen as the main buying opportunity
• **Support:** $84,341 (midpoint of upper band one, interim support on daily pullbacks); $82,800 (reclaimed weekly lower high); $75,000 (consolidation low, not expected to be broken)
• **Resistance:** $89,300 (top of upper band one on CME, possible this week)
• **Targets:** $90,000+ by late October; $100,000+ by mid-November; $105,000 by early-to-mid December; up to $116,000 in the more optimistic case; $90,000-$95,000 before the next major pullback
• **Invalidation:** $79,500 (last major level reclaimed); living below $84,000 would be an early warning the rally is failing