Bitcoin Price Analysis LIVE: Oct. 2 CRT POC Holds as Support, Putting $87,220 in Focus

Bitcoin’s Oct. 2 CRT Point of Control at $84,658.98 remains the key support within the range. As long as the token’s price continues to hold above that level, the $87,220 range high remains the primary upside reference.

The Oct. 2 CRT range extends from $83,888 to $87,220, placing the $84,658.98 POC in its lower portion. Bitcoin briefly traded below the POC during the sharp Oct. 2 decline before recovering above it.

Since that reclaim, the one-hour chart has shown repeated reactions above the level, reinforcing its role as immediate support. Therefore, the setup depends on Bitcoin avoiding sustained one-hour acceptance beneath the POC.

Continued holding above that area keeps $84,658.98 active as the key technical pivot. TradingView defines a point of control as the price level where the greatest trading volume occurred during a selected period.

In this case, the supplied chart places BTC near $85,461.52, roughly 0.9% above the POC. As a result, Bitcoin remains inside the CRT range while continuing to trade above its highest-volume reference.

That position also gains support from several buying imbalances clustered around the Oct. 2 POC area. Their concentration adds technical confluence around the $84,658.98 support reference and shows that aggressive buying emerged near the range’s highest-volume price.

Consequently, the area has become an important reaction zone during downside tests. However, those imbalances should not be treated as guaranteed floors, because closing behavior around the POC provides a clearer measure of whether buyers are maintaining control.

A temporary wick below $84,658.98 would therefore carry less significance than sustained acceptance beneath the level. If BTC’s price moved below the POC and then failed to reclaim it, the current structure would weaken, and the support thesis would lose strength.

Current focus: Can Bitcoin’s price continue holding above $84,658.98 and keep the $87,220 range high as the primary technical draw?

Before Bitcoin can challenge the upper CRT boundary, it first faces resistance between $86,000 and $86,600. The hourly chart shows repeated reactions in this zone, alongside several failed attempts to sustain upward momentum.

A decisive move through that area would bring the $87,220 range high back into immediate focus. From the supplied chart price, that upper boundary sits approximately 2.1% higher.

Moreover, selling pressure has repeatedly emerged around $87,000, reinforcing the importance of the high range. Market analysis shows three rejections from that region since Sept. 23, while the latest rejection pushed the price back toward $85,600.

Consequently, $87,220 serves two technical roles. It marks the upper boundary of the Oct. 2 CRT range while also sitting near a resistance area where sellers have repeatedly limited advances.

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Holding above $84,658.98 preserves the current range structure. Meanwhile, clearing the $86,000–$86,600 resistance zone would bring the $87,220 range high back into immediate focus.

Meanwhile, sustained one-hour acceptance below $84,658.98 would weaken the support thesis. Failure to reclaim the POC would therefore shift attention toward the $83,888 range low.

Repeated one-hour acceptance above the Oct. 2 POC keeps the upper CRT range intact. Moreover, buying imbalances add confluence around support, while $87,220 remains the primary upside reference.