Bitcoin ($BTC) is eyeing a key level as $BTC/USD is on the cusp of turning the 2026 yearly candle green.
Key points:
- Bitcoin bulls have briefly revisited $87,000 on some exchanges, but the 2026 yearly open at $87,570 will provide ongoing resistance.
- Traders are turning their attention to the bond market ahead of Wednesday’s 10-year note auction and Fed meeting minutes.
- $BTC/USD brushes off a traditionally weak start to the month. October upside has historically averaged 18.7% since 2013.
