Bitcoin Breakout Attempt Near $84,303 Resistance: Upside Targets to Watch
Bitcoin's price continues to experience strong upward momentum as it holds above its key moving averages. The asset has reached $84,288, marking a daily gain of 1.08%. Recent trend levels show sustained upside movement, with price action reflecting this trend.
The U.S. spot Bitcoin ETFs have seen significant net inflows in recent days, totaling $66.19 million on September 29, 2026. This influx of institutional capital has amplified buying pressure for the underlying asset. Despite legislative setbacks such as the failure of the CLARITY Act in the U.S. Senate, demand remains strong.
The current price dynamics show mixed momentum readings, with RSI at 52.61 and MACD, ADX, Stochastic RSI, CCI, and the Awesome Oscillator all presenting neutral signals. However, Bull/Bear Power is overbought, indicating that buyers remain dominant in intraday trading.
The projected range for Bitcoin's price over the next two to three days is between $83,598 and $84,978. A breakout above the $84,303 Ichimoku Kijun resistance would pave the way for further gains, while a decline below $83,598 support could lead to lower prices.