By Isaac • October 6, 2026 3:11 pm •
Bitcoin is back at the door of $87,000, but buyers have not kicked it open yet.
The largest cryptocurrency spent Tuesday circling $86,000 while the S&P 500, Nasdaq 100 and Nasdaq Composite all reached fresh records. That is a favorable backdrop for risk assets, but Bitcoin is still dealing with a concentrated band of sellers directly overhead.
According to Cointelegraph, exchange order books showed the heaviest concentration of liquidity around $87,000, with a ladder of asks stretching down toward $86,500. In plain English: the next few hundred dollars are crowded with traders willing to sell.
The level Bitcoin has to clear
That makes this less about whether Bitcoin can briefly touch $87,000 and more about whether
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