Bitcoin surged past a major resistance zone around $85,000, reaching $87,096 on October 2, its highest since late September. This breakout followed a 15.6% recovery from mid-September lows and was supported by positive on-chain data, including Bitcoin's MVRV Z-Score rising above its 365-day average, indicating improved market momentum. Analysts also note that Bitcoin's technical indicators and holder profit levels suggest a shift from bearish to bullish trends, with further resistance expected near $87,400 and $90,000. The next key support level is around $82,500, with the market watching to see if Bitcoin can maintain this upward momentum.
While Bitcoin recently hit $87,096 according to the article, on Pluang it trades at Rp1.535.000.000 as of Oct 05, 2026 19:52 WIB, showing a modest 0.98% gain over the past day. This price level sits well within its current market activity, where 84% of orders are buys and typical holding time is 111 days, indicating steady investor interest. Bitcoin's circulating supply on Pluang is 20.1M BTC, close to its maximum of 21M, underscoring its scarcity as it approaches new highs.
Bitcoin's price hovered between $85,800 and $86,000 on October 5, 2026, showing bullish trends on most moving averages but encountering resistance near $87,000. Despite a recovery from lows around $74,913, momentum indicators suggest caution as the p...
VanEck's Matthew Sigel projects Bitcoin could reach $500,000 if its market capitalization grows to half that of gold, a medium-term target. This view is supported by Bitcoin's recovering price toward $88,000 and strong institutional demand, including...
Samson Mow, a Bitcoin maximalist, criticized Zcash's 1,000% year-to-date price surge as artificially inflated and unsustainable. He argues that the market lacks enough speculative capital to maintain Zcash's high valuation and expects a major correct...
ChatGPT's AI analysis forecasts Bitcoin to reach around $97,000 by Halloween 2026, up from about $85,962 in early October 2024. The prediction is based on factors like growing ETF demand, institutional accumulation, and Bitcoin's historical strong pe...
The US Dollar Index reached an 18-month high of about 102.5, driven by rising US interest rates and political uncertainties in Europe, notably Spain's snap election and France's fiscal concerns. The euro dropped to a 17-month low against the dollar, ...
