Bitcoin is approaching a crucial resistance level at $87,200, which has repeatedly blocked its advance in recent weeks. This level aligns with previous local highs and is seen as a make-or-break point for a potential breakout or further consolidation. Despite several failed attempts to sustain a move above $87,000, the recent higher low suggests some short-term bullish strength. Positive funding on major futures exchanges indicates healthy demand, supporting the possibility of a breakout if bulls can overcome this resistance.
Bitcoin trades at Rp1.537.626.089 on Pluang as of Oct 05, 2026 13:02 WIB, showing a 1.50% gain in the last day. Binance Coin is also up by 1.00%, priced at Rp14.204.957 on the platform. The strong buy sentiment on Pluang, with 84% of orders favoring purchases, highlights ongoing investor interest despite Bitcoin's resistance challenges.
Bitcoin briefly approached $87,000 early Monday, just below its September 21 peak of $87,397, before dropping below $86,000. This price movement followed the release of US employment data showing 29,000 jobs added in September and a 4.2% unemployment...
Ether's price rose 70% in Q3, surpassing bitcoin's 42% gain, but its market liquidity thinned significantly compared to bitcoin, according to CoinGecko. The median daily market depth of ether was only 35% to 45% of bitcoin's, down from at least 60% l...
Doctor Profit is placing staggered short orders for Bitcoin in the price range of $86,500 to $89,500. This range is described as a distribution phase, which suggests the market is preparing to build a swing trading position. This strategy indicates c...
Zcash has registered a lobbyist in Washington, DC, aiming to influence US cryptocurrency policies, including tax rules and market structure. This move is part of Zcash's effort to promote privacy-focused crypto regulations. Market watchers see this a...
The cryptocurrency market rebounded from a $50 billion drop driven by macroeconomic factors, finishing the week nearly flat with a market cap close to $3 trillion. Bitcoin gained about 1%, closing at $85,500, while Ether rose slightly by 0.4% to $2,7...
