Cryptocurrency6 Oct 2026SEO 801 min read

Analysis: Bitcoin keeps getting rejected at $87,000 as stocks hover near records

BTC fell back to about $85,600 after sellers turned it away from $87,000 for the third time since Sept. 23, while Nasdaq closed at a record and Treasury yields…

BTC fell back to about $85,600 after sellers turned it away from $87,000 for the third time since Sept. 23, while Nasdaq closed at a record and Treasury yields kept climbing. Bitcoin fell 1.2 percent to about $85,600 after sellers rejected a move above $87,000 for the third time since Sept. 23. Analysts said Bitcoin was nearing the apex of a triangle formed by rising support and resistance at $87,000, raising the prospect of increased volatility. The broader crypto market slipped to about $2.93…

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