Bitcoin Approaches $85k as Analysts Eye $190k Peak
Bitcoin (BTC)
Editor:
Eugene Serbin
lookonchain.com reports that crypto analyst alicharts forecasts Bitcoin could rally to $190,000 in this bull market. The analysis suggests Bitcoin’s first target is its previous high of $125,000 before testing the ascending channel upper boundary. Ethereum is predicted to reach $8,800 if it breaks above the $5,000 channel upper rail.
Solana’s monthly chart shows a cup-and-handle pattern with a neckline near $295 and a potential target of $2,744. Blast announced its shutdown, causing BLAST to drop more than 25% after Upbit and Bithumb added it to watchlists. Bitwise’s NEAR ETF recorded cumulative net inflows exceeding $50 million.
The HIP-3 auction added GLW and GDX lots for a total payment of 1107.25 HYPE. A whale’s 10x long position on WLD generated an approximate return of 655%. Spot silver fell below $60 to trade at $59.916.
Elon Musk’s tweet about Moltbook caused meme coin MOLT to surge 30% to a new all-time high of $114 million. A smart AI coin trader made $17.6M on $GOAT, $ai16z, $Fartcoin, and $arc. A sniper earned 2,277 $ETH ($8.3M) trading $SHIRO within 18 hours.
A trader lost $73.9K trading memecoins in just 3 minutes. A $PEPE whale transferred all 2.1T $PEPE ($52M) to a new address after 600 days of dormancy. The 30-year-old entrepreneur behind Virtual leads a multi-million dollar AI agent society.
A trader profited $448K by monitoring Binance's new listings. Funds flowed into Bitcoin, Ethereum, and Hyperliquid last week.
How the market reacted
Whalio's own Binance spot order flow for BTC, measured when this story was written up on 2 October 2026. Not the outlet's figures.
Bitcoin is trading at $84,880.05 with a 24-hour buy ratio of 51.7%, indicating a slight majority of buyers over the full day. However, shorter timeframes show weaker sentiment, with the 1-hour buy ratio at 36.6% and the 4-hour ratio at 42.7%. This divergence suggests that buying pressure is fading as the day progresses. The 24-hour volume delta is positive at +$46,980,815, but the cumulative volume delta (CVD) is negative at -$259,534,259. This negative CVD indicates that while volume is high, sell pressure has outweighed buy pressure for most of the period. Only 7 out of 24 hours showed net buying, highlighting inconsistent demand.
The latest daily buy ratio of 46.7% sits at the 18th percentile of the last 322 days, against a median of 49.2% - weaker buying than most days.
Was that an ordinary day?
The same Binance spot measurements for BTC, averaged over the days leading up to the story.
Compared to the preceding week, today’s 24-hour buy ratio of 51.7% is higher than the 7-day average of 47.7%. This represents a 4.0 point increase in buying sentiment relative to the weekly norm. Spot volume is also elevated at 1.09x the weekly average, showing increased activity. However, the week has seen 0 days of net buying, contrasting with today’s mixed but slightly positive ratio. The 8-day volume delta total was -$414,515,367, showing sustained selling pressure over the longer term. This makes today an unusual day for relative buying strength despite the broader weekly downtrend.