Bitcoin Price Eyes $87,165 as 20 Month Moving Average Becomes the Key Test

Bitcoin is trading near $82,002, and the next big test sits right above it. Monthly data shows BTC getting ready to challenge its 20 month simple moving average, a level that has opened the way to new highs in past cycles.

Bitcoin Bollinger Bands Point to a Critical Level

The 20 month moving average stood at $87,225 as of Oct. 16. It is also the middle line of the Bollinger Bands, which right now have an upper band at $121,640 and a lower band at $52,694.

The space between the lower band and the moving average is seen as an accumulation base. The moving average itself works as an inflection point. Bitcoin fell below it in December 2025, when many investors gave up and sold.

History shows that when Bitcoin climbs back above this line, new cycle highs have often followed. Analysts tracking the data say the market has finished its reset, a little over a year after the all time high of $125,709 on Oct. 6, 2025.

Where Profit Taking Could Begin

Bollinger Bands are not meant to give direct buy or sell signals. Even so, large investors have tended to take profit near the upper band, which sits just below the October 2025 record. The data suggests the next rally could push past that level.