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Bitcoin price consolidates sideways for 10 days, poised for a major breakout or collapse soon.

Technical Signals
01 Oct 2026
Crypto Daily
View Source
Neutral
Bitcoin price consolidates sideways for 10 days, poised for a major breakout or collapse soon.

Bitcoin has been trading sideways for ten days, showing strong resilience despite rising bond yields and declines in stocks and precious metals. This consolidation phase is forming a pattern that could lead to a significant price move either up or down. Technical indicators suggest a potential breakout above current resistance levels, with a bullish trend visible on the weekly chart aiming for a target near $94,000. Investors should watch closely as the next move could be dramatic.

While Bitcoin consolidates near Rp1.509.419.603 on Pluang as of Oct 01, 2026 20:45 WIB, its 1-day change is a slight dip of -0.34%, showing limited movement compared to its typical hold time of 110 days. This stability contrasts with the active trading volume of Rp681,72T and a market cap of Rp30.255,59T, highlighting a cautious but engaged investor base during this sideways phase.

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