POPA ReconBitcoin broke $86,000 overnight into October 2 and now trades around $86,500, up 3.5% per day
Bitcoin ($BTC)
The breakout came after several failed attempts to take $85,000. The rise was supported by easing expectations for the Fed rate and a raised forecast from Citi. Today the US employment report comes out, and it could quickly move the price in either direction. Above $86,000, analysts expect sellers stuck at these levels.
Facts
Bitget reported: the probability of a Fed rate hike in October fell from 68.6% to 28.2%, and Citi raised its 12-month bitcoin forecast to $113,000. Today the US employment report comes out. [@Bitget_Announcements, 2 October 2026]
The day before, bitcoin repeatedly ran into $85,000. Analyst qingtianbtc at 02:01 UTC counted four tests of this level. [@qingtianbtc, 2 October 2026]
WatcherGuru wrote about $86,000 at 04:24 UTC on 2 October. This means the mark was broken about 5 minutes before publication. [@WatcherGuru, 2 October 2026]
On Binance spot, $BTC trades around $86,781, up 3.5% per day. Kraken shows around $86,750, Bybit around $86,783. [exchanges, 2 October 2026]
Bitcoin trades around $86,460 with a daily high of $86,461 and a low of $83,189. A day ago the price was around $83,795. [Arkham]
What to watch
US employment report for September: the market expects about 90,000 new jobs, and bond yields and Fed rates depend on the figure.
post from telegram channel Korean Alpha EN · post from telegram channel markettwits