Bitcoin▲ Bullish

Analyst Says Bitcoin May Be Set Up for a Bigger Upside Move

TradingGain Newsroom·8d ago·22 Oct 2026, 13:24 UTC

Analyst Matt Crosby says Bitcoin's quiet price action is building pressure for a breakout. He points to ETF flows, macro conditions, and on-chain data as signs of a big move higher. For traders, this is a bullish view, but it comes from one analyst and is not a confirmed trend.

BTCAt the time of writing, Bitcoin traded at $81,788 (-2.3% in 24h).Live price →

Why it matters

Crosby compares Bitcoin's flat price action to a spring being compressed before it breaks out.
He cites ETF flows, macro factors, and on-chain data as signals that could support a move higher.
This is one analyst's opinion, so traders should check it against their own analysis and risk limits.

What to watch next

Watch whether Bitcoin's ETF flows and on-chain activity follow the direction Crosby describes, and whether the price breaks out of its current range.

BTCLive chartOpen full chart →

This brief is written by TradingGain from public reporting by Bitcoin Magazine.Read original ↗

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TradingGain News summarises public reports in our own words and always links to the original source. Market Data stories are generated automatically from public exchange data. Nothing on this page is financial advice; always do your own research and use a stop-loss.