$BTC is currently trading around $86K–$86.2K after a strong start to October.
The recent move is being supported by a weaker-than-expected U.S. jobs report, which has reduced expectations of another Fed rate hike.
📊 Key Levels to Watch • Resistance: $87.2K–$87.57K • A clean breakout and hold above this zone could open the way toward $90K. • BTC is also showing a potential bullish setup as the 50/100/200-day moving averages move closer to a full bullish alignment.
Institutional demand remains supportive, while October’s historical strength gives BTC another interesting catalyst.
🔥 Next major catalyst: FOMC Minutes on Wednesday.
My view: If BTC breaks and holds above $87.2K, the next target I’m watching is around $90K. But another rejection from this resistance could bring a short-term pullback.
What do you think? 👇
Will BTC break $87.2K this week and target $90K, or face another rejection?
#bitcoin oin #BTC C #Crypto #BinanceSquareFamily eSquare #BTCUSDT. SDT #Uptober
Not financial advice. DYOR.
