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Bitcoin holds $83K-$87K range ahead of key US inflation data that could sway market direction.

Market News
30 Sep 2026
Crypto Daily
View Source
Neutral
Bitcoin holds $83K-$87K range ahead of key US inflation data that could sway market direction.

Bitcoin price remains steady between $83,000 and $87,000 as investors await the US Core PCE inflation report, a key indicator used by the Federal Reserve to gauge inflation. A higher-than-expected reading could strengthen the dollar and bond yields, pressuring Bitcoin, while a cooler reading might boost stocks and Bitcoin. Technical analysis shows Bitcoin trading in a narrow channel with critical support at $82,840; a break below could lead to a bearish trend, but a bounce might signal a bullish breakout. If support at $83,000 fails, Bitcoin could dip to $73,600, potentially forming a large inverse head and shoulders pattern that might drive prices up to $108,000, indicating early bull market conditions requiring patience.

Bitcoin trades at Rp1.497.457.142 on Pluang as of Sep 30, 2026 17:02 WIB, down 1.03% in the last day. Market participants show strong buying interest with 70% of orders as buys. The typical hold time on Pluang is 110 days, indicating a patient investor base during this rangebound period.

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