Were you ready for it?

Bitcoin has a habit of catching the majority off guard. Overnight it pushed to $87.4k, finally clearing the $83k resistance level that has capped price since the start of May.

It’s worth pausing on how we got here. Less than a week ago, Bitcoin fell to $75k. Some used that dip to build a position. Others held out for lower prices that never came. Pullbacks in strong markets tend to be brief, and this one was no exception.

If you’re in the second group, you’re far from alone. Waiting for a better price is a completely human reaction. But it leaves many facing a familiar decision: buy at a higher level than hoped, or stay on the sidelines believing the opportunity has passed. For context, Bitcoin is still more than 30% below its all-time high.

We’ve seen this exact moment before. Only months ago, Bitcoin broke out of the $60s and rallied 25% in four days. Many who had been waiting for sub-$60k prices faced the same choice. Those who set aside emotion and ego were in profit within a month. Those who didn’t watched Bitcoin climb a further 20% from the sidelines.

Nobody consistently buys the bottom, and that shouldn’t be the goal. The goal is having a plan you can act on regardless of where price goes next. Technically, there is limited resistance between $83k and $90k, which is worth being aware of. That’s no guarantee, but it’s a good reason to have your plan in place before the market makes the decision for you.

This is another reminder that time in the market has historically mattered more than timing the market. A large share of Bitcoin’s gains over its lifetime have come in a handful of daily sessions. Missing just a few of them can make a meaningful difference to long-term returns.

If you’ve been waiting for lower prices, or are dollar-cost averaging into the market, now is a good time to speak with your dedicated Stormrake broker. Spreading purchases over time is less effective when price is trending higher, as each buy lands at a higher level than the last. Your broker can talk you through current market conditions and help you work out an approach that suits you.

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Stormrake Spotlight: Pax Gold (PAXG) ($4,360)

Source: https://www.tradingview.com/x/svFzMp91/

PAXG had a flat start to the week, which is somewhat surprising given both Bitcoin and the S&P 500 bounced strongly overnight. Nonetheless, the consolidation remains intact, and we expect it to resolve soon.

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BTC/USD Key Levels and Price Action:

Source: https://www.tradingview.com/x/laJc5h7X/

Bitcoin is on the brink of flipping 2026 back into the green. That may come as a surprise to anyone who hasn’t been watching closely, given the negative headlines that have dominated much of the year.

The main resistance in this region is $88,888. This may be where Bitcoin takes a breather before continuing higher into the $90k region.

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*All prices are denominated in USD unless stated otherwise*

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Written by Alexandar Artis