Can Bitcoin clear hourly R1 at $83,600.18 to confirm a breakout?

As of October 21, 2026, Bitcoin trades at $83,554.00 on Binance , and the Bitcoin prediction remains bullish on the daily structure despite mixed momentum signals. Price sits above all three daily EMAs, but the daily MACD histogram is still negative, leaving the recovery unconfirmed. Key takeaways Bitcoin trades at $83,554.00, above all three bullishly aligned daily EMAs Hourly R1 at $83,600.18 is the immediate breakout trigger; a close above it would shift focus to daily R1 at $83,911.43 The daily MACD histogram remains negative even as the EMA structure favors continuation Hourly RSI at 67.1 supports the advance without reaching overbought territory The Fear & Greed Index reads 63 (Greed) , constructive but not a substitute for momentum confirmation The hourly chart supports the bullish bias more convincingly than…

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