Bitcoin closed its best week since January at around $86,530 but failed to surpass the key $87,000 resistance level for the fourth time since September 21. The rise in US Treasury yields and reduced buying pressure are limiting Bitcoin's upward momentum, with profit-taking high among long-term holders. The market remains range-bound between $82,500 support and $87,000 resistance, awaiting key US inflation data and Federal Reserve meeting minutes that could influence the next trend. A sustained break above $87,000 could signal a stronger recovery, while failure may extend consolidation within the current range.
Bitcoin's recent price action near $87,000 is notable context for readers. For those following the broader cryptocurrency market, 22 out of 50 major cryptocurrencies traded on Pluang rose today while 27 fell. Among movers, Filecoin (FIL) gained 3.26% to Rp19,515 and Yearn (YFI) declined 3.23% to Rp45,848,805 as of Oct 06, 2026 00:32 WIB.
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