Bitcoin (BTC/USD) is ending the trading week at 82,310, continuing its movement within the context of a bullish channel. Moving averages indicate an upward trend. Prices have broken upward through the area between the signal lines, pointing to buying pressure and the potential for further gains in BTC/USD. At this stage, we should anticipate an attempt at price growth, followed by a test of the support area near the 79,565 level. From there, a rebound upward is expected, with the Bitcoin price continuing its rise toward a potential target above 96,805.
Bitcoin Forecast BTC/USD October 19 – 23, 2026
An additional signal supporting a rise in BTC/USD for the current trading week (October 19–23, 2026) is a rebound from the lower boundary of the bullish channel. A second signal is a rebound from the support line on the Relative Strength Index (RSI) indicator. The bullish scenario for Bitcoin this trading week would be invalidated if the price falls and breaks through the 77,505 area. Such a move would signal a breach of the support zone and a continued decline in BTC/USD, with a potential target below the 72,565 level. Conversely, a breakout above the resistance zone—confirmed by a price close above 88,505—would validate a bullish trend.
Bitcoin Forecast BTC/USD October 19 – 23, 2026 suggests an initial test of the support area near 79,565, followed by a potential rally toward levels above 96,805. An additional signal supporting a rise in Bitcoin’s price this week would be a test of the trend line on the Relative Strength Index (RSI) indicator. The bullish outlook would be invalidated if the price drops and breaks through the 77,505 area; in that event, a further decline toward a target of 72,565 should be expected.
