By Isaac • October 5, 2026 7:40 am •
Bitcoin has opened October with momentum, but the market is now pressing into a level that could decide whether the rally has real room to run.
After posting its highest weekly close since late January, Bitcoin briefly traded near $87,000 on some exchanges. The larger test sits just above that mark: the 2026 opening price near $87,570.
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Bulls have approached the area repeatedly since late September without securing a clean breakout.
A Cointelegraph review of the week ahead described the yearly open as the next major resistance level. Bitcoin closed the week near $86,532 on Bitstamp, then produced brief moves toward $87,000 as buyers challenged the top of the recent range.
That leaves the market in
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