Nadeau Sees Bitcoin Chopping Between $80,000 and $95,000

Crypto analyst Michael Nadeau sees Bitcoin potentially moving between $80,000 and $95,000 during a choppy stretch, while retaining 90% confidence that the market is in an early bull phase. He shared the outlook Wednesday, Oct. 14. Nadeau put Bitcoin’s 50-week moving average near $77,200 at the time of the discussion and treated it as a structural reference. He said a drop below $75,000 could weaken the bullish market structure. If Bitcoin moves above $90,000, he said, attention could return to reclaiming $100,000. Those thresholds describe separate scenarios: the $80,000-to-$95,000 band is a possible range for choppy trading, while $75,000 and $90,000 are levels tied to downside risk and a possible move toward $100,000. Nadeau did not give a specific duration for the range.

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