๐ *Crypto Market Update โ October 7, 2026*
$BTC holds ~$85.4K (-0.5% in 24h), still capped below the *$87K resistance* even as US equities print record highs.
What's pressuring crypto:
- Fed's first rate hike since July 2023 (25 bps) โ Goldman now forecasts another hike this month
- Firmer dollar + persistent Middle East tensions
- $BTC ~32% below its $126.2K ATH (Oct 2025)
Key levels:
*Resistance:* $87K โ $90K | *Support:* $84K โ $82K
Technicals are mixed โ short timeframes flashing short, daily still neutral. Chop likely until macro clarity.
Not financial advice โ DYOR. Breakout ya breakdown โ tumhara bias kya hai? ๐
---
$BTC holds ~$85.4K (-0.5% in 24h), still capped below the *$87K resistance* even as US equities print record highs.
What's pressuring crypto:
- Fed's first rate hike since July 2023 (25 bps) โ Goldman now forecasts another hike this month
- Firmer dollar + persistent Middle East tensions
- $BTC ~32% below its $126.2K ATH (Oct 2025)
Key levels:
*Resistance:* $87K โ $90K | *Support:* $84K โ $82K
Technicals are mixed โ short timeframes flashing short, daily still neutral. Chop likely until macro clarity.
Not financial advice โ DYOR. Breakout ya breakdown โ tumhara bias kya hai? ๐
---
