BTC price eyes best Q3 in nine years: Three things to know in Bitcoin this week
Bitcoin is cooling after a strong Q3, with BTC/USD slipping below $83,000 as geopolitical risk and hawkish Fed expectations pressured risk assets. A large ask wall near $85,700 added short-term resistance, while key nearby levels are the ETF investor cost basis around $86,000 and the 2026 yearly open at $88,700. Below, important supports sit near $82,500, $80,500 for corporate treasuries, and roughly $76,700 for the active-investor cost basis. BTC is up just over 40% this quarter, its best Q3 since 2017, but traders worry momentum could stall before the monthly and quarterly closes. Attention is also on US inflation and jobs data, with markets pricing a higher chance of another 0.25% Fed hike in October. Analysts say Bitcoin must hold $82,500 to confirm a bullish reversal; failure could send price back into the $60,000–$80,000 range.
