sightBITCOIN MILESTONE•Oct 5
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Bitcoin’s rally runs into the $86,500 ceiling
Bitcoin’s stronger weekly close gives the rally more momentum, but it still has a clear ceiling overhead. The price finished above $86,000, its highest weekly close since January 2026, after gaining nearly 50% in three months. The key test is the $86,500 resistance zone, which has rejected Bitcoin repeatedly over the past 18 months, with $82,000-$82,500 as the level traders are watching for support.
Timeline2
Oct 4
Bitcoin market activity and bullish momentum were being tracked as the cryptocurrency moved higher.
Oct 5
Bitcoin recorded its highest weekly close since January 2026.
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Oct 5