Bitcoin is heading to $98k

[laspol65]

I'm also feeling the indications that Bitcoin is heading towards $90,000, but I'm not sure if we are actually going to see it go up to $98,000

What is probably going to happen from the end of the month to the beginning of October, just as I've always assumed, is that the month of October is always referred to as uptober, when the market will rise and perform better, as expected to be bullish. But before then, we also need to speculate on the market and see how it has always been supported at $78,000 without going bearish, and this is an indication that there is likely a pump ahead that will overcome the resistance at $82,000.

Bitcoin price has shown signs of upward movement in this month of September, but if Bitcoin price tries to maintain high momentum in this position, then it will definitely remain for a long time. However, Bitcoin price has been stuck in this range of 70k to 80k dollars for the last few weeks. Because I can say without a doubt that if Bitcoin price reaches 98k dollars, then it will definitely touch 85k, 90k, 95k dollars, which is very unlikely to be crossed in September.
Yes, Bitcoin price is most likely to see high momentum in the next month, that is, October. Which has shown signs of Bitcoin price rising in the past years, but this year will also be no exception, but it will be seen in an upward trend.

[sotelorene]

Hey, I just dropped the chart so that technical people will be happy seeing the chart. I have nothing to say about the chat because I'm not an expert of charts. But I am sure that I recognise this pattern of bitcoin movement. From $77k to $81k and moving as fast, as if we are in the bull run. If my memory didn't fail me, this type of movement already happened and I recognise it.

After this movement which looks like consolidation, bitcoin is moving to $98k and will not waist much time there until $100k.
You can disprove this with your chart and data. I have no much knowledge about chart but I can recognise pattern from experience, is that also a skill?

Any chart reader, is my claim supported by the chart?

The chart is showing a higher time frame picture of what Bitcoin chart looks like and viewing from this higher time chart it is right if someone said the market will hit $98k because that is  more like the nearest supply zone and it is also possible that the supply zone can fail to hold which can lead to break of structure (boss) or market shift however, if we look at the lower time frame we could also see some possible zone price will likely go to  but the chart shows the market is still bearish.

[avp2306]

I'm also feeling the indications that Bitcoin is heading towards $90,000, but I'm not sure if we are actually going to see it go up to $98,000

What is probably going to happen from the end of the month to the beginning of October, just as I've always assumed, is that the month of October is always referred to as uptober, when the market will rise and perform better, as expected to be bullish. But before then, we also need to speculate on the market and see how it has always been supported at $78,000 without going bearish, and this is an indication that there is likely a pump ahead that will overcome the resistance at $82,000.

Honestly, it's all just our expectations at this point. The feeling that Bitcoin is heading for higher levels is also mostly influenced by that sudden pump we just had. Nothing more.

Uptober? Yep. But this is a bear year, and historically, the bottom is often confirmed in the last few months of the year. So don't let our emotions take over too much and make us forget to have a backup plan.

The trend for the rest of the month will probably be decided over the next two day, with the ClarityAct being voted on today and the rate news coming tomorrow. Let's see what happens.

Yeah for now its hard to expect something like that, even if the charts pointing out that we are heading unto that direction.

There's truly possibilities that we might climb back at that figures again.

But well we just don't know on when it will happen, because there's no exact timeline for Bitcoin to reach that price again. Still love to see the movements happening and there's still lots of chances for people to buy, while Bitcoin still didn't reached yet at $100k again.

[Bluedrem]

I am not a chart expert but I understand price continuity a bit and have a rough idea of where the price might be depending on the position. Yes, it is not always true. When the price crossed the 60,000 mark and moved towards 80,000, I roughly assumed that 70,000 dollars was the support and that we had already crossed the lowest price of Bitcoin in this cycle. After reaching 80,000 dollars, I was waiting for the price to correct and finally it dropped below 77,000 dollars. I am waiting for the price of Bitcoin to cross 90,000 dollars again. I think it will happen by October, that is, the price of Bitcoin can cross 90,000 dollars in October.

[Female King]

Bitcoin is a volatile asset so i don't think any occasion is making the price to pump, the price has been low for quite some time now so it's a good thing to see that the price of bitcoin is heading towards $100k maybe anytime soon we can see price approaching $100k and above.

The Bitcoin price movement trend is more to the upside right now, but I still doubt we will see $100k this month. I see people talking on social media about October, which is supposed to be good for this year. But let’s see what the market does next. The price movement may look slower now but there is still a possibility for the Bitcoin price to drop again.

It may not be this month or next month but definitely the price of bitcoin will reach $100,000 anytime, bitcoin is not a stable coin it's something that fluctuates up and down and we can't predict when it will in drop price and the price it will drop to or when it will increase but what ever it does that's the nature, the movement of bitcoin is unpredictable but there is possibility that it will go high in years to come so the best thing we can do is to keep buying bitcoin regardless of the price and hold for long.

[STT]

That's a plain chart with numbers same as any other, line chart is similar except line gives closing price only and your chart shows the open, close, highest and lowest price for each bar and you've got monthly bars there I think not showing September perhaps.
  The price did just break the weekly average positively just now, the Dollar pulled back a bit but in any case BTC is not negative at this point though most expect it will remain subdued for the moment after its prior rise.

  Better to come back with this question when we have exceeded the May peak price because right now its in limbo, refueling for the next stretch perhaps.   I personally dont presume a negative here, I do think its taking time to accumulate momentum but its also not a good idea to presume what is not yet in play.   Also we dont know the time scale, it can be here 6 months and frustrate everyone and still not acquire a negative attitude from that delay.

[leonair]

Bitcoin is a volatile asset so i don't think any occasion is making the price to pump, the price has been low for quite some time now so it's a good thing to see that the price of bitcoin is heading towards $100k maybe anytime soon we can see price approaching $100k and above.

The Bitcoin price movement trend is more to the upside right now, but I still doubt we will see $100k this month. I see people talking on social media about October, which is supposed to be good for this year. But let’s see what the market does next. The price movement may look slower now but there is still a possibility for the Bitcoin price to drop again.

It may not be this month or next month but definitely the price of bitcoin will reach $100,000 anytime, bitcoin is not a stable coin it's something that fluctuates up and down and we can't predict when it will in drop price and the price it will drop to or when it will increase but what ever it does that's the nature, the movement of bitcoin is unpredictable but there is possibility that it will go high in years to come so the best thing we can do is to keep buying bitcoin regardless of the price and hold for long.

Bitcoin price has been rising slowly for a few weeks and is fluctuating between $70-$80k. A strong support has been created here and the next support will be above $100k. Bitcoin price was very low so far and went down to $60k and is now slowly rising. I think Bitcoin correction is already over. Although there were big downs during the correction in the past, now many big investors and different countries are investing in Bitcoin and storing Bitcoin as reserves, and since the supply of Bitcoin is limited, there is no chance of a big correction like before. It doesn't seem like Bitcoin price will ever go below $60k, we still have time to DCA and save some Bitcoin.

[Texac]

Bitcoin price has been rising slowly for a few weeks and is fluctuating between $70-$80k. A strong support has been created here and the next support will be above $100k. Bitcoin price was very low so far and went down to $60k and is now slowly rising. I think Bitcoin correction is already over. Although there were big downs during the correction in the past, now many big investors and different countries are investing in Bitcoin and storing Bitcoin as reserves, and since the supply of Bitcoin is limited, there is no chance of a big correction like before. It doesn't seem like Bitcoin price will ever go below $60k, we still have time to DCA and save some Bitcoin.

Bitcoin is a market you cannot really predict, and nothing is certain. Saying the price will never drop back to $60k again or that the bear market is over is pretty subjective imo.

Don't let what happened over the last few week cloud your judgment and forget the bigger picture.

Looking at the market cycle, I still don't think the bear market is over. On the macro side, geopolitical tensions and inflation still haven't really cooled down. So do not get too confident. We can hope things get better, but do not rule out the market suddenly turning the other way.

[Nrcewker]

Without indicators its very hard to read this chart, at least for me. Maybe OP should have used TradingView as it has a lot of good free indicators that would have helped us understand this chart screenshot better.

Okay leaving that aside, isnt Bitcoin following its traditional all time high pattern? That is, it reach a new ATH every four years? Last time we saw Bitcoin’s ATH price in October 2025, so if we follow the same pattern then the next bull run might be in 2028–29, right? Or is the pattern changing now? Maybe the price movement we are seeing now is nothing more than just a little correction in the price?

[coinrifft]

Without indicators its very hard to read this chart, at least for me. Maybe OP should have used TradingView as it has a lot of good free indicators that would have helped us understand this chart screenshot better.

Even with indicators, most of us who don't trade might have a hard time reading the chart.

Okay leaving that aside, isnt Bitcoin following its traditional all time high pattern? That is, it reach a new ATH every four years? Last time we saw Bitcoin’s ATH price in October 2025, so if we follow the same pattern then the next bull run might be in 2028–29, right? Or is the pattern changing now? Maybe the price movement we are seeing now is nothing more than just a little correction in the price?

That's Bitcoin's history, so right now we should still be in the bear market. Although it might head to $98k as predicted by the OP, still not a guaranteed. We need to have a good catalyst, like maybe the approval of Clarity Act to push the price to that level. But if we wanted to see a good run, then it's going to be right after the halving, at it starts the bull run and we don't know who big Bitcoin will be.

[Jaweria parveen]

Bitcoin is a market you cannot really predict, and nothing is certain. Saying the price will never drop back to $60k again or that the bear market is over is pretty subjective imo.

Don't let what happened over the last few week cloud your judgment and forget the bigger picture.

Looking at the market cycle, I still don't think the bear market is over. On the macro side, geopolitical tensions and inflation still haven't really cooled down. So do not get too confident. We can hope things get better, but do not rule out the market suddenly turning the other way.

This is what makes Bitcoin even more valuable. If someone had predicted it and done it perfectly, it would have been possible only if Bitcoin was controlled by someone. But Bitcoin does not affect anyone, so talking about it in the future is just to convince yourself. If this were the case, the price of Bitcoin would not be here or people would not believe in it so much, then there would be no investment in Bitcoin by government agencies. There is no point in remembering the past, so we should look at the next price trend to see how much Bitcoin will go up now and what Bitcoin will have to do for it. It is not possible that the price of Bitcoin is increasing, it will continue to increase, although sometimes the market trend is upward. At the moment the price has decreased, but its impact is not much. If the price becomes stable again from this, then you are right.

[Nathrixxx]

The remaining contrary opinion about Bitcoin and we have to understand the market well before making any conclusion on the direction it is taken, this is where we cannot play with considering both the fundamental and technical analysis altogether and compare them with the season at which we may be, I have seen some speculating for $100,000 before the end of this year while some are already saying we could go more bearish to $55,000 before the end of this year as well, this sound impressive and things may henceforth get more better if we are one of those that we benefited from either of it.

[Bitcoin_people]

Given current market conditions, it seems unlikely that the price will surge significantly in the immediate future. We are already observing a downward trend, with Bitcoin dropping to the $76k level, the way it is declining suggests it could soon approach the $73k mark. September does not appear promising; historically, Bitcoin has underperformed during this month, a pattern that seems to be holding true now. However, we can hope for better performance next month if the market holds above the $80k level, it could soon reach new highs. Based on current market conditions and chart patterns specifically the behavior of the candlesticks it seems highly unlikely that the price will enter the $98k–$100k range anytime soon. That said, if the market stabilizes between $75k and $80k this month, we might see a shift in momentum next month. Ultimately, there is a strong possibility and a widely held expectation that the Bitcoin market could touch the $100k mark towards the end of 2026.

[Just Say]

I'm also feeling the indications that Bitcoin is heading towards $90,000, but I'm not sure if we are actually going to see it go up to $98,000

What is probably going to happen from the end of the month to the beginning of October, just as I've always assumed, is that the month of October is always referred to as uptober, when the market will rise and perform better, as expected to be bullish. But before then, we also need to speculate on the market and see how it has always been supported at $78,000 without going bearish, and this is an indication that there is likely a pump ahead that will overcome the resistance at $82,000.

Bitcoin price has shown signs of upward movement in this month of September, but if Bitcoin price tries to maintain high momentum in this position, then it will definitely remain for a long time. However, Bitcoin price has been stuck in this range of 70k to 80k dollars for the last few weeks. Because I can say without a doubt that if Bitcoin price reaches 98k dollars, then it will definitely touch 85k, 90k, 95k dollars, which is very unlikely to be crossed in September.
Yes, Bitcoin price is most likely to see high momentum in the next month, that is, October. Which has shown signs of Bitcoin price rising in the past years, but this year will also be no exception, but it will be seen in an upward trend.

Bitcoin's price has shown signs of upward movement this September this is not correct notably, data from Coinglass indicates that the currency has already experienced a fluctuation of approximately 2.57%. Over the past few weeks, the price has actually been fluctuating between $70,000 and $80,000, establishing a strong support level. However it seems to me there is a possibility that Bitcoin's price will surge next month October given that it has historically experienced significant upward movement during every October from 2019 to 2024; consequently, we can anticipate an upward trend that could see the price reach $98,000.

[fredericktaylor]

Bitcoin price has shown signs of upward movement in this month of September, but if Bitcoin price tries to maintain high momentum in this position, then it will definitely remain for a long time. However, Bitcoin price has been stuck in this range of 70k to 80k dollars for the last few weeks. Because I can say without a doubt that if Bitcoin price reaches 98k dollars, then it will definitely touch 85k, 90k, 95k dollars, which is very unlikely to be crossed in September.
Yes, Bitcoin price is most likely to see high momentum in the next month, that is, October. Which has shown signs of Bitcoin price rising in the past years, but this year will also be no exception, but it will be seen in an upward trend.

We are seeing a bullish trend in Bitcoin after a long time but it is very difficult to say how long the bullish trend will last in September. The market is volatile so we have to be prepared for all eventualities.

We have already seen Bitcoin volatility double towards the end of the year so I am optimistic that Bitcoin price will increase a lot this year but I am not sure if we will see ATH by the end of the year.

[goldkingcoiner]

100K does seem like the most probable and psychological barrier. OP is right, we might hit 98K soon during a pump. But we might also see nothing but a price plateu for weeks. And if some whale decides to spook the shaky hands, we might even see a dip.

But from my own analysis we might be looking at first a pump to 90K then 105k.

[Pandorak]

Given current market conditions, it seems unlikely that the price will surge significantly in the immediate future. We are already observing a downward trend, with Bitcoin dropping to the $76k level, the way it is declining suggests it could soon approach the $73k mark. September does not appear promising; historically, Bitcoin has underperformed during this month, a pattern that seems to be holding true now. However, we can hope for better performance next month if the market holds above the $80k level, it could soon reach new highs. Based on current market conditions and chart patterns specifically the behavior of the candlesticks it seems highly unlikely that the price will enter the $98k–$100k range anytime soon. That said, if the market stabilizes between $75k and $80k this month, we might see a shift in momentum next month. Ultimately, there is a strong possibility and a widely held expectation that the Bitcoin market could touch the $100k mark towards the end of 2026.

I wouldn’t say that reaching $100k is impossible, but for now i simply don’t see any chance of Bitcoin getting there or more accurately, it will be very difficult to reach that price. On the contrary, i predict there will be a decline first in the near future, perhaps in the next few weeks or even sooner and this will be quite a shock, especially for traders.

Just about an hour ago, Bitcoin experienced a fairly significant drop accompanied by high volatility, hitting the psychological level of $75k. This confirms that selling pressure still dominates, a breakout has not yet occurred, we’re still watching and waiting for confirmation on larger time frames, such as the DAILY chart. Let’s see how the market reacts after the candle closes, if a breakout does occur, Bitcoin will likely trade within the $65k–$70k range for the time being.

[nara1892]

$98,000 was close to the last highest resistance point in the last year before finally the bearish market dominated and now the market is correcting with a slight increase, now the market is in the nearest resistance zone at the price of $80,500 and this september candlestick is red (bearish dominates), from the skills I have to be able to reach the price of $98,000 as you predicted OP then the closing price in this month must exceed (higher) than the previous resistance point at $80,500, so we have to wait until the end of the month here.

[STT]

The chart is good practise because its just showing data.  Place it next to a line chart, same period and time unit to build a good reading of the more complicated Japanese candlesticks chart.   This is familiarity not complexity exactly though the OP chart does contain quadruple the data info it is describing the same price action.

Do this regularly and your judgement will improve from the practise; I did my best to do this a while back and its worth it.

BTC doubling back on itself in the last 24 hrs demonstrates why we need every tool in the toolbox to stay on top of how volatile BTC can be at times.     So we've had failure to the upside which is bearish and we've ricocheted from breaching weekly average to rejection and now checking the monthly average below.

  Rather then expected 98k it does seem like BTC needs to check its foothold and revisit 50 day and/or 200 day averages which arent too far away.  It could be a better rally if we do this first, like tying your shoelaces its a delay but an improvement if we can do so correctly

[Texac]

However it seems to me there is a possibility that Bitcoin's price will surge next month October given that it has historically experienced significant upward movement during every October from 2019 to 2024; consequently, we can anticipate an upward trend that could see the price reach $98,000.

It's not called uptober for no reason. October is usually a pretty good month for the market.

I just checked the coinGlass data again, and october's performance is actually pretty impressive. But if you look a bit closer, you'll see the bear market years like 2014, 2018 and 2022. Only 2022 ended with green candle, and even then the gain was pretty modest compared to the other years.

So yeah, we have every reason to be bullish on Bitcoin having a good uptober. But getting to $98k? That's almost a 30% increase from where we are now, so Im a bit skeptical about it.