Bitcoin Rangebound as Analysts Eye Key Levels After Monday Dip Pattern
An analyst has identified a pattern suggesting Bitcoin (BTC) tends to decline on Mondays following a rise on Sundays. The observation, noted by Ali Martinez on October 4, 2026, is based on five consecutive Sunday-Monday pairs between August 29 and September 28. In each instance, Monday reversed Sunday’s gains, but the sample size is relatively small, with the final Sunday gain nearly flat.
Claude AI predicts that BTC will likely remain rangebound rather than experiencing a significant drop. The current price of BTC is near $86,044, up about 1.1% over 24 hours. Trading volume has surged 81% to $22.2 billion, while the market cap stands at $1.72 trillion.
The four-hour chart for BTC shows a TD Sequential sell signal, which has historically preceded declines of 1.74%, 4.37%, 3.11%, and 1.96%. This suggests a potential pullback to around $83,600, but not a crash. Ethereum and Solana have also shown similar signals, with prior Solana declines reaching 5.76%. BTC has been trading between $86,500 and $87,500 for nearly two weeks, indicating a period of consolidation.
Claude AI highlights key levels to watch: $87,500 as the ceiling, $90,000 as the squeeze level due to a major liquidation cluster of leveraged short positions, and $83,000 as the floor. Below $83,000, secondary support levels are at $82,000 and $75,000. The analysis suggests that while a Monday pullback is possible, clearing $87,500 is more significant for a potential upward move.
Some market participants are rotating capital toward presales, such as Bitcoin Hyper ($HYPER), a Bitcoin Layer 2 project with Solana Virtual Machine integration. The presale is priced at $0.0136872, with $33 million raised. The project aims to address Bitcoin’s slow settlement and lack of programmability while maintaining its security model.