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Bitcoin may dip to $75K before rising to $90K-$92K if key support and resistance levels hold.

Analyst Insights
28 Oct 2026, 02:27 WIB
Tokenpost
View Source
Bullish
Bitcoin may dip to $75K before rising to $90K-$92K if key support and resistance levels hold.

Trader Cedric Cerezo suggests Bitcoin could drop to around $77,000 and briefly to $75,000 before potentially climbing to $90,000-$92,000 by November. This outlook depends on Bitcoin maintaining its 50-week exponential moving average (EMA) and buyers overcoming resistance between $85,000 and $87,000. While Bitcoin recently fell below its 50-day EMA, it remains above the 50-week EMA, leaving room for a short-term decline without signaling a bear market. A weekly close below the 50-week EMA would prompt a reassessment of this outlook.

While the article discusses Bitcoin potentially testing $75,000 before rising to $92,000, on Pluang Bitcoin trades at Rp1.463.161.100 as of Oct 28, 2026 06:41 WIB, showing a 1.28% gain in the last day. This price remains well within its 52-week range, supported by a strong market cap of Rp29.460,69 trillion. Pluang users currently favor buying Bitcoin, with 73% of order activity on the buy side and an average hold time of 112 days, indicating steady investor interest despite short-term price fluctuations.

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