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News · Crypto · Cointelegraph · Fri, Oct 2, 2026 11:00 AM

Bitcoin climbs to $87k, liquidity wall moves higher

Image from the source feed · Cointelegraph

Bitcoin buyers broke through a wall of ask liquidity to reach new October BTC price highs near $87,800, with the area immediately above now a new

Bitcoin's price pushed above $87,000, breaking a significant ask liquidity wall that had capped the currency earlier in the month.

Short sellers triggered liquidations totalling more than $120 million, accelerating the rally and pushing the token toward a new resistance zone above $88,000.

Traders now face a key price level; the next move will determine whether Bitcoin can sustain the high or retrace toward the previous support range.

Key Levels to Watch

Based on reporting from Cointelegraph. Read the original.

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General market context for education only, not investment advice.

This briefing was summarized with automated tools from public reporting by Cointelegraph and is general market information, not investment advice. Editorial policy & corrections