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Bitcoin dips below $84K amid mixed analyst views on a potential $100K recovery in October.

Market News
07 Oct 2026
Crypto news
View Source
Neutral
Bitcoin dips below $84K amid mixed analyst views on a potential $100K recovery in October.

Bitcoin fell below $84,000 after hitting $87,197 last Friday, sparking debate among analysts about its October outlook. SideShift founder Andreas Brekken predicts Bitcoin will reach $100,000 within weeks as investor focus shifts from AI to crypto. Bitfinex highlights $84,000 as a key support level that could trap short sellers if spot buying rises, while Nansen cautions that October’s historical gains don’t guarantee a market bottom. ETF flows remain crucial, with recent outflows seen as minor compared to strong inflows in prior weeks. The market awaits upcoming U.S. inflation data, which could influence Bitcoin’s next move beyond its current trading range.

Bitcoin's recent price movements frame the discussion on its potential rise to $100,000. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Oct 07, 2026 22:32 WIB: out of 50 major cryptocurrencies, 5 rose and 44 fell today. Notable movers include CAKE at Rp39.096 with a 10.13% decline and 88% buy order activity, DOT at Rp19.653 down 9.45% with 70% sell orders, and SUSHI at Rp4.159 down 9.37% with 65% sell orders. Typical hold times range from 75 to 121 days across these assets.

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