October 2nd 2026, 8:30 PM
Bitcoin Tries to Clear $100,000 Resistance
Key Summary
Bitcoin’s rally is approaching a $90,000 test as a rare accumulation pattern reappears and sell-side liquidity thins. On Oct. 2, Bitcoin registered an intraday high at $87,000 after buyers broke th...
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Bitcoin’s Rally Approaches $90,000 Test
Bitcoin’s rally is approaching a $90,000 test as a rare accumulation pattern reappears and sell-side liquidity thins.Rare Accumulation Pattern Reemerges
On Oct. 2, Bitcoin registered an intraday high at $87,000 after buyers broke through a key resistance level, signaling a potential change in market sentiment.Sell-Side Liquidity Dries Up
As the price continues to rise, sell-side liquidity is dwindling, making it more difficult for short sellers to exit their positions.Traders Bet on $100,000
With the accumulation pattern reappearing and liquidity thinning, many traders are now betting on a price surge to $100,000, marking a significant milestone for the cryptocurrency market.#Bitcoin#US#Crypto#WallStreetBets