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Bitcoin tests $83,000 level, challenging bearish outlook for Q4 2026

Technical Signals
25 Sep 2026
Tokenpost
View Source
Bullish
Bitcoin tests $83,000 level, challenging bearish outlook for Q4 2026

Bitcoin approached the $83,000 mark on September 25 after surpassing its May high during the week of September 21, putting pressure on earlier predictions of weakness in the fourth quarter of 2026. The breakout remains unconfirmed until the weekly candle closes above the May high, which would signal a stronger bullish trend. If Bitcoin falls back below this level, it could return to its previous trading range. Analyst Benjamin Cowen had anticipated further weakness based on historical patterns but now views the weekly close as critical to confirming a sustained breakout or a failed move.

Bitcoin trades at Rp1.504.892.143 on Pluang as of September 26, 2026, showing a modest 0.05% gain over the past day. This price is near its recent highs, with 96% of its total supply in circulation and a strong market cap of Rp30.189,32 trillion. The platform data also shows a higher buying interest at 64% compared to selling at 36%, while typical holders keep Bitcoin for about 110 days, indicating steady investor engagement during this critical weekly close period.

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