Bitcoin's Q3 Surge Faces Resistance Ahead of Key Data
Bitcoin ($BTC) is coiling below its 2026 open as new resistance caps price upside ahead of the Q3 candle close.
The $BTC price sealed its highest weekly close since late January at $84,450 but dropped to one-week lows of $82,557 after liquidity shifts on exchange order books.
Markets see a 70% chance of a 0.25% Fed interest-rate hike in October prior to this week's August PCE inflation and September nonfarm payrolls data.
The coming week will feature two more key candle closes: Wednesday marks both the monthly close for September and the Q3 quarterly close, both set to occur around significant $BTC price levels.