Bitcoin's line in the sand: $79,500
Bitcoin's rally is still intact after a month of sideways trading, which is a mildly positive setup for buyers as long as one key level holds.
- Bitcoin spent most of September going nowhere, chopping inside a narrow range.
- That quiet stretch looks like a pause in an uptrend, not a top.
- A drop below $84,000 would be the first warning that the rally is failing.
- Losing $79,500 — the last big level Bitcoin won back — would break the bullish case outright.
Outlook: As long as Bitcoin holds above $79,500, the path of least resistance stays higher.
## Bitcoin Levels
- **Bias:** Bullish while key support holds
- **Support:** $84,000 (living below it is a warning sign); $79,500 (last major reclaimed level)
- **Targets:** Continued grind higher out of the September range
- **Invalidation:** $79,500