Bitcoin Price Prediction: Can BTC Extend the Rally?

CoinCodex data shows BTC at roughly $84,912, while the broader crypto market is also modestly higher. Bitcoin remains below the recent $87,000–$87,300 swing high, leaving the same resistance zone in control of the short-term outlook.

The difference now is that Bitcoin has managed to hold most of its late-September gains despite elevated Treasury yields and a weaker U.S. jobs report.

$87K Still Separates Consolidation From a Breakout

Bitcoin has spent much of the past two weeks moving between support in the low-$80,000s and resistance near $87,000.

The recent BTC breakout setup already identified $87,300 as the level bulls need to clear before $90,000 becomes the next obvious target.

That structure remains largely intact.

If BTC can establish itself above $85,000 and then break the $87,000-$87,300 zone on stronger volume, the rally could extend toward $90,000. A clean move through $90,000 would then bring the psychological $100,000 level back into the conversation.

<iframe src=”https://widgets.coincodex.com/w/b024ffcb-287b-4acf-bc2c-0534b91092c4?site=coinpaper&mode=light” width=”100%” height=”420” frameborder=”0” referrerpolicy=”no-referrer-when-downgrade” style=”border:0;background:transparent;border-radius:0px;”></iframe>ETF Demand Still Supports the Bull Case