- Bitcoin price prediction stays bullish above $80,819, with $85,000 the target
- US spot Bitcoin ETFs took in $1.08B over three sessions, per SoSoValue
- Orbit Markets’ Caroline Mauron expects BTC to retest $85,000 in the coming days
Bitcoin price prediction for October 22 stays bullish above $80,819, the support BTC needs to hold to keep a retest of $85,000 alive.
Bitcoin Price Analysis: Can BTC Hold Above $80,819?
BTC is holding above the 50-day EMA at $80,819.36 for now, trading at $82,245.90 and down 2% today after reaching $84,305.87 and slipping back below its rising trendline, which runs near $83,000, and the 20-day EMA at $82,638.06. A daily close back above $83,000 would put price over both.
The 100-day and 200-day EMAs at $77,411.78 and $76,139.79 are still rising beneath price. RSI at 49.21 sits at the neutral 50 mark and just under its average of 49.84, so momentum favors neither side.
BTC looks more likely to hold $80,819 than lose it today, and a daily close below that level would put the 100-day EMA at $77,412 in play.
Related: Monero Price Forecast: XMR Bulls Target $670 as Trading Activity Surges
BTC Support and Resistance Levels, October 22, 2026
| Type | Price | Why it matters |
| Resistance | $82,638 | 20-day EMA, just under trendline |
| Resistance | $85,000 | Round level above this week’s high |
| Resistance | $87,000 | September and early-October highs |
| Support | $80,819 | 50-day EMA |
| Support | $77,412 | 100-day EMA |
| Support | $76,140 | 200-day EMA |
Bitcoin Falls Below $83,000 as Oil Tops $110 and Equities Weaken
Bitcoin fell as much as 2% in early Asia trading on Thursday and traded near $82,700 as of 1 p.m. in Singapore, giving up the previous session’s gains, according to a report by Suvashree Ghosh. Ether, Solana and XRP lost roughly 2% to 3.5% cited by Bloomberg.
The report tied the move to renewed pressure on risk assets, as investors weighed mixed technology earnings and rising Middle East tensions that pushed Brent crude above $110, while Asian equities and US stock futures traded lower.
Orbit Markets Expects a Bitcoin Retest of $85,000 as Options Still Favor Downside Protection
The same report carried three views on what comes next:
- Orbit Markets’ Caroline Mauron: The co-founder said the equity weakness has pushed Bitcoin back into its recent range and that she expects $85,000 to be retested in the coming days, though conviction is likely to stay limited. She added that hawkish signals from the Federal Reserve could weigh on sentiment.
- Apollo Crypto’s Pratik Kala: The portfolio manager said Bitcoin has held up well through macro shocks and the unwind in AI-linked trades, and he expects the next move to be higher.
- Deribit options: Pricing still favors downside protection. The largest outstanding put positions expiring Friday, which pay out if price falls, sit at a $78,000 strike.
Bitcoin ETFs Take In $1.08B Over Three Straight Days
US spot Bitcoin ETFs took in $528.40M on October 21, led by BlackRock’s IBIT at $234.99M and Fidelity’s FBTC at $212.71M according to SoSoValue. That follows $23.16M on October 20 and $526.60M on October 19, for about $1.08B over three sessions.
The inflows reverse the previous two weeks of outflows, which the report puts at $909.6M, and turn October’s net flow positive at about $461M. This means that oil above $110 and weak equities are outweighing fund buying for now.
Bitcoin Price Prediction: Bullish and Bearish Scenarios for October 22
Bullish Case, Target: $85,000
BTC holds above $80,819, reclaims the 20-day EMA at $82,638 and the trendline near $83,000, then clears today’s high at $84,306. That would open $85,000, the level Mauron expects to be retested, with the $87,000 highs above it. Continued ETF inflows would fit this path.
Bearish Case, Risk Level: $77,412 (100-Day EMA)
BTC closes below the 50-day EMA at $80,819, which would put the $78,000 area, where the largest Deribit puts sit, in play ahead of the 100-day EMA at $77,412. A close below that level would expose the 200-day EMA at $76,140. Brent staying above $110 and hawkish Fed signals would fit this path.
FAQs
BTC stays bullish above $80,819 and could move toward $85,000 if it reclaims the 20-day EMA at $82,638 and the rising trendline near $83,000. A daily close below $80,819 would put the 100-day EMA at $77,412 in play.
BTC fell as much as 2.4% in early Asia trading on October 22 as risk assets weakened, according to a report by Suvashree Ghosh. The report links the drop to mixed technology earnings and Middle East tensions that pushed Brent crude above $110, and says Ether, Solana and XRP also lost roughly 2% to 3.5%.
US spot Bitcoin ETFs are seeing inflows, with $528.40M on October 21, $23.16M on October 20 and $526.60M on October 19, according to SoSoValue. That totals about $1.08B over three sessions, and cumulative net inflows now stand at $57.96B.
BTC would first need to reclaim the 20-day EMA at $82,638 and the trendline near $83,000. Orbit Markets co-founder Caroline Mauron expects an $85,000 retest in the coming days but says conviction is likely to stay limited, and hawkish Fed signals could weigh on sentiment.
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