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Bitcoin Rejected at $87K for Third Time; Break Below $84K Could Open $80K, Analysts Say

Tuesday, October 6, 2026 · Finance · GSM News

Bitcoin traded just above $86,000 early Tuesday, down 0.2% over 24 hours. On Monday it pushed above $87,000 but ran into heavy selling — the third rejection at that resistance since Sept. 23.

FxPro analysts noted bitcoin remains near the top of its two-week range, but the run of higher lows is under threat: "A break below $84K would signal a victory for the bears"; a further fall through the recent low near $83,000 could send bitcoin to $80,000 fairly quickly. In bonds, the 10-year Treasury yield eased from its highest since 2002 as Treasury Secretary Scott Bessent said economic growth and spending restraint would "very quickly" start to slow government borrowing. Minutes from the Fed's last meeting are due Wednesday. (CoinDesk)

Published by GSM · USA (original Chinese edition)

Photo: 图:手持实物比特币代币(资料图)。摄影:Satheesh Sankaran,CC BY 2.0,来源:Wikimedia Commons

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