#BitcoinRejectedAt$87KThirdTime
🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨 🚨 BITCOIN JUST GOT REJECTED AT $87K — FOR THE 3RD TIME!
$BTC is facing a serious resistance wall around $87,000.
Today’s rejection pushed Bitcoin back toward the $85K–$86K area, showing that sellers are still defending this zone aggressively. (CoinDesk)
But there’s an important detail…
📈 BTC IS STILL MAKING HIGHER LOWS
That means buyers haven’t completely lost control.
The market is now getting squeezed between:
🔴 Resistance: $87,000–$87,500
🟢 Near support: $84,500–$85,000
🔵 Major downside zone: ~$82,600
If BTC finally gets a strong close above $87.5K, the repeated rejection pattern could be invalidated and momentum may accelerate toward the $90K area. (Barron’s)
But if $84.5K breaks, the market could see another deeper pullback toward the low-$82K region.
🌐 MACRO IS STILL IMPORTANT
The U.S. dollar and Treasury yields remain elevated, keeping pressure on risk assets. At the same time, weaker jobs data has reduced expectations for another October Fed hike, which could provide some support to crypto sentiment. (Barron’s)
🔥 THE REAL BATTLE NOW:
Can Bitcoin turn $87K from resistance into support?
The next clean move may come from this range.
#Bitcoin #BTC #Crypto #BitcoinAnalysis
🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨 🚨 BITCOIN JUST GOT REJECTED AT $87K — FOR THE 3RD TIME!
$BTC is facing a serious resistance wall around $87,000.
Today’s rejection pushed Bitcoin back toward the $85K–$86K area, showing that sellers are still defending this zone aggressively. (CoinDesk)
But there’s an important detail…
📈 BTC IS STILL MAKING HIGHER LOWS
That means buyers haven’t completely lost control.
The market is now getting squeezed between:
🔴 Resistance: $87,000–$87,500
🟢 Near support: $84,500–$85,000
🔵 Major downside zone: ~$82,600
If BTC finally gets a strong close above $87.5K, the repeated rejection pattern could be invalidated and momentum may accelerate toward the $90K area. (Barron’s)
But if $84.5K breaks, the market could see another deeper pullback toward the low-$82K region.
🌐 MACRO IS STILL IMPORTANT
The U.S. dollar and Treasury yields remain elevated, keeping pressure on risk assets. At the same time, weaker jobs data has reduced expectations for another October Fed hike, which could provide some support to crypto sentiment. (Barron’s)
🔥 THE REAL BATTLE NOW:
Can Bitcoin turn $87K from resistance into support?
The next clean move may come from this range.
#Bitcoin #BTC #Crypto #BitcoinAnalysis
