October 16, 2026Market updates and predictions
as long as Bitcoin sees rejection from of this exact range, I would approach this as a bearish retest
my targets are sitting much, much, much higher. The first time I'm going to be looking in profits from this trade is only going to be whenever Bitcoin is going to be hitting out like $120,000
in case Bitcoin moves down to $70,000, I do want to be benefiting from that volatility towards the downside
the moment we break above this level, a major phase of acceleration came in towards the market
for Bitcoin to go down all the way back to $82,200 is nothing out of the ordinary right now
Bitcoin is still going to be bottoming in Q4 or maybe end Q3 later this year... my price targets where I think most likely the Bitcoin bottom is going to occur is going to be $47,000
I think Ethereum is going to be finally outperform Bitcoin again here in the next bull run
if Bitcoin now is going to be breaking, especially below that 62.5k level, I do think we could potentially then start to see an even accelerated dump
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This score is calculated from 186 data points across 100+ factors in 6 pillars. Scores update as new evidence is collected. Full methodology at athenaindex.com/methodology.
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