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Bitcoin's Breakout Hinges on One Crucial Candle

Guavy AI Editorial Team Published September 25, 2026

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BTC

Bitcoin's current price is hovering around $84,000, its highest level since January 2026.

Crypto analyst Benjamin Cowen believes that a strong weekly close above $82,000 could confirm a breakout towards $100,000.

A drop back below this level would turn the move into another false start, according to Cowen.

The 10-year Treasury yield topped 5% on Wednesday, reaching its highest level in 19 years, making it more difficult for Bitcoin to break out.

Meanwhile, September's flash PMI data came in stronger than economists expected, which could also impact the market.

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