$BTC
Bitcoin Latest Analysis — 7 Oct 2026
Bitcoin is under short-term selling pressure, trading around $83K after another rejection near the $86.5K–$87K resistance. Rising U.S. Treasury yields, a stronger dollar and higher oil prices are weighing on risk assets. �
Barron's +1
Key levels:
🔴 Resistance: $86,500–$87,000
🟢 Support: $83,000–$83,500
⚠️ Below $83K: risk of a move toward $80K
🚀 Above $87K: bullish momentum could strengthen
Despite today’s weakness, U.S. spot Bitcoin ETFs recorded about $118.9M of net inflows on Oct. 6, which is a positive demand signal. �
TFTC
My short-term view: ⚠️ Cautious/bearish below $87K, but a strong recovery above $87K could quickly change the picture. Fed minutes and ETF flows are key catalysts. �#FedMinutesFocusOnOctoberPause #BinanceLaunchesBinanceIntelligence #USMortgageRatesRiseTo7.49%
Bitcoin Latest Analysis — 7 Oct 2026
Bitcoin is under short-term selling pressure, trading around $83K after another rejection near the $86.5K–$87K resistance. Rising U.S. Treasury yields, a stronger dollar and higher oil prices are weighing on risk assets. �
Barron's +1
Key levels:
🔴 Resistance: $86,500–$87,000
🟢 Support: $83,000–$83,500
⚠️ Below $83K: risk of a move toward $80K
🚀 Above $87K: bullish momentum could strengthen
Despite today’s weakness, U.S. spot Bitcoin ETFs recorded about $118.9M of net inflows on Oct. 6, which is a positive demand signal. �
TFTC
My short-term view: ⚠️ Cautious/bearish below $87K, but a strong recovery above $87K could quickly change the picture. Fed minutes and ETF flows are key catalysts. �#FedMinutesFocusOnOctoberPause #BinanceLaunchesBinanceIntelligence #USMortgageRatesRiseTo7.49%