🚨 BTC REJECTED AT $87K - What's Next? | Oct 3, 2026
$BTC Bitcoin touched $87,229 yesterday and got a strong rejection back to $84,500! What happened?
The US Jobs Report came at only 29K vs 90K expected. Labor market is cooling down fast.
After this data, Fed October Rate Hike odds crashed from 70% to just 17%. Market is now pricing a PAUSE. Nasdaq pumped 1.19% and Nvidia hit a new ATH.
But Bitcoin failed to break the $87K resistance. This level has acted as strong supply for the last 2 weeks with long wicks.
My Plan:
Support 1: $85,200 - Must hold
Support 2: $84,000 - Last defense
If $85K holds, we can go to $90K. If not, $82.8K correction is possible.
Funding rate jumped from 3% to 10%, so leverage is building up again. Be careful.
Are you Bullish or Bearish? Comment below 👇
#BitcoinRejectedAt$87K #FedOctoberRateHikeOddsFallTo17% #BTC #Bitcoin #CryptoNews #BinanceSquare #Uptober #NvidiaHitsRecordHigh #MarketOverall #BTCUSDT
$BTC Bitcoin touched $87,229 yesterday and got a strong rejection back to $84,500! What happened?
The US Jobs Report came at only 29K vs 90K expected. Labor market is cooling down fast.
After this data, Fed October Rate Hike odds crashed from 70% to just 17%. Market is now pricing a PAUSE. Nasdaq pumped 1.19% and Nvidia hit a new ATH.
But Bitcoin failed to break the $87K resistance. This level has acted as strong supply for the last 2 weeks with long wicks.
My Plan:
Support 1: $85,200 - Must hold
Support 2: $84,000 - Last defense
If $85K holds, we can go to $90K. If not, $82.8K correction is possible.
Funding rate jumped from 3% to 10%, so leverage is building up again. Be careful.
Are you Bullish or Bearish? Comment below 👇
#BitcoinRejectedAt$87K #FedOctoberRateHikeOddsFallTo17% #BTC #Bitcoin #CryptoNews #BinanceSquare #Uptober #NvidiaHitsRecordHigh #MarketOverall #BTCUSDT