# Will Bitcoin break down or push toward $97K next?

Bitcoin held $81,000 after a flush to $79,750. Gareth Soloway maps the $87,200 trigger, the $95K–$97K confluence and the $75,500 and $67,000 buy zones.

Source: https://avaskgroup.top/will-bitcoin-break-down/ · based on the channel [Gareth Soloway](https://www.youtube.com/channel/UCwTu6kD2igaLMpxswtcdxlg) · Video: [Bitcoin Came THIS Close to Breaking Down: $97K Next?](https://www.youtube.com/watch?v=U5p7VdWDV-E) · 2026-11-02

![Will Bitcoin break down or push toward $97K next?](https://avaskgroup.top/will-bitcoin-break-down/will-bitcoin-break-down.webp)

## Key takeaways

- Bitcoin flushed to roughly $79,750 before closing back above the $81,000 support line.
- A daily close above $87,200 is the trigger for the upside case; three factors converge near $95,000–$97,000.
- A daily close below $81,000 opens $75,500, where Gareth Soloway would buy only 25% of a position.
- The remaining size goes into the $67,000 zone, with the cycle low treated as intact until proven otherwise.
- Ethereum has a heavy buy zone just below $2,000 and a $2,800 retest on a breakout; HBAR targets near $0.10.

The short answer: Bitcoin has not broken down, but it has not confirmed a breakout either. It flushed to about $79,750, closed back above the $81,000 support it had already tested repeatedly, and now sits inside a roughly $6,000 range where a daily close above $87,200 is what unlocks a run toward the $95,000–$97,000 confluence and a close below $81,000 opens $75,500 and then $67,000. That is the framework Gareth Soloway lays out in his crypto game plan, and new accounts can still claim tier-one fee pricing through [the Coinbase sign-up offer](https://coinbase.com/aff/verifiedinvesting).

## What the $81,000 and $87,200 levels actually decide

Bitcoin's entire near-term structure reduces to two prices: $81,000 as the floor and $87,200 as the ceiling. The $81,000 line has been hammered more than once, and the flush to roughly $79,750 was a brief break rather than a daily close beneath it, which is why the bullish structure is still technically intact. Above, $87,200 is the gate: until Bitcoin prints a daily close over that level, the upside targets are a map of what could happen, not a trade that is live.

Between those two numbers the market is noise. Bitcoin has been chopping in a band of roughly $6,000, and Soloway has deliberately held no swing position in either direction while price sits in the middle of it. That is a risk decision, not a directional call: inside a range, the distance to the invalidation level is wide relative to the potential move, so the reward for being early is poor.

## Why Bitcoin is holding up while the AI trade slides

Relative strength against a falling Nasdaq and a collapsing AI trade is the detail that keeps the bullish case alive. When a risk asset refuses to make new lows while the growth trade that led the market is being sold, it usually means holders are not being forced out. Soloway reads Bitcoin's ability to hang in there as evidence that the demand under the $81,000 area is real rather than a bounce driven by short covering.

That said, relative strength is a supporting argument, not a trigger. It raises the odds that the resolution comes to the upside, but it does not replace the $87,200 confirmation. Traders who buy on the strength argument alone are buying a thesis; traders who wait for the close above $87,200 are buying a signal.

## The three factors that converge at $95,000 to $97,000

The upside target is not a single line but three independent measurements landing in the same zone, which is why it carries weight:

1. **A rising trend line** projecting from the consolidation, which Soloway notes could carry the target into late November rather than immediately.
2. **A measured move** off the range, taking the height of the consolidation and projecting it upward, which lands around $96,000 to $97,000.
3. **Prior pivot highs** from earlier price action sitting in the same $95,000–$97,000 area, acting as the reference points where sellers previously stepped in.

When a trend line, a measured move and old pivot highs agree, the zone becomes a place to take profit or tighten risk rather than a place to chase. The trigger for all of it remains the same: a daily close above $87,200.

## The bear case and the two buy zones below

A daily close below $81,000 shifts the plan to accumulation at lower prices rather than defense of the range. The first stop is $75,500, and Soloway's approach there is deliberately partial: buy only 25% of the intended position, because a break of the range floor can extend further and buying the first support with full size removes the ability to average.

The rest is reserved for the $67,000 zone, where he plans to load the remainder. This is the same answer he gave when asked whether he would go all in at $75,500: no, because the cycle low is treated as in until proven otherwise, and a staged entry is how you express that view without betting the account on one print. If $67,000 fails, the thesis is wrong and the position size reflects that.

## Ethereum and HBAR setups worth tracking

Ethereum is trading in its own range with two clean reference points. There is a heavy buy zone just below $2,000, and a breakout sets up a retest of $2,800. The structure mirrors Bitcoin's: a floor where buyers have shown up, a ceiling that must be reclaimed before the upside target becomes relevant.

HBAR is the swing trade Soloway took with Smart Money Crypto members on a retrace to what he calls the scene of the crime, the level where price previously broke down. The target sits near $0.10. It is a shorter-horizon trade than the Bitcoin plan, which is why it was taken as a swing rather than a core position.

## Common questions from traders watching this setup

Viewers repeatedly raise the same practical issues, and they are worth separating from the chart work.

- **No position at all?** Yes. Sitting flat inside a $6,000 range is a decision, and it is the reason a breakout above $87,200 or a breakdown below $81,000 can be traded with a clear head instead of from a losing entry.
- **Exchange costs.** Fee and spread complaints come up constantly. Tier-one pricing through the Coinbase link is the offer attached to this analysis, and accounts that have been idle for 30 days, or that originally joined under someone else's link, are stated to qualify.
- **How do you short on a spot venue?** Coinbase is a spot platform for most users, so the bear case there means selling, waiting in cash, or using derivatives elsewhere. The $81,000 close is the signal; the instrument is a separate choice.
- **Emotional trading.** The most common self-diagnosis in the comments is trading without a plan. The fix is written levels and written size before entry, which is exactly what the 25% at $75,500 and the remainder at $67,000 represent.

## The point of writing the plan down first

A game plan exists to remove decisions from the moment when money is moving. The levels here are fixed in advance: $87,200 for the upside, $81,000 for the downside, $75,500 for a quarter of the position, $67,000 for the rest. Traders without those numbers get whipsawed inside the range and then react at the worst point of the move.

Gareth Soloway's crypto breakdown is worth watching for the chart work itself, and the channel is the source of the specific levels discussed here. The takeaway is not a prediction but a set of conditions: the cycle low stays valid until a daily close proves otherwise, and every entry has a size attached to it before the trade begins.

## Useful links

- [Coinbase tier-one fee sign-up](https://coinbase.com/aff/verifiedinvesting)

## Bottom line

Bitcoin survived a flush to roughly $79,750 and is still holding $81,000, so the bullish structure is intact but unconfirmed. The upside case needs a daily close above $87,200 to activate a $95,000–$97,000 confluence built from a rising trend line, a measured move and prior pivot highs. The downside case buys 25% at $75,500 and the remainder at $67,000, with Ethereum watching $2,000 and $2,800 and HBAR targeting near $0.10. If you want tier-one fee pricing on the exchange used for these charts, start through [the Coinbase offer link](https://coinbase.com/aff/verifiedinvesting) before placing the first trade.

## Questions & answers

**Did Bitcoin actually break down below $81,000?**

No. Bitcoin flushed to about $79,750 but closed back above the $81,000 support, so the breakdown was not confirmed on a daily basis. The bullish structure stays intact until a daily close below that line.

**What happens if Bitcoin closes above $87,200?**

A daily close above $87,200 activates the upside case toward $95,000–$97,000. Three factors converge there: a rising trend line, a measured move off the consolidation and prior pivot highs.

**Why buy only 25% at $75,500 instead of going all in?**

Because a break of the range floor can extend, and full size at the first support leaves no room to average. The remaining position is reserved for the $67,000 zone, and the cycle low is treated as in until proven otherwise.

**What are the Ethereum and HBAR levels to watch?**

Ethereum has a heavy buy zone just below $2,000 and a $2,800 retest on a breakout. HBAR was taken as a swing trade on a retrace to the prior breakdown level, with a target near $0.10.