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Bitcoin bullish escape rejected at $86,800: Just the first attempt?

Crypto Daily·October 2, 2026·1 min read
Bitcoin bullish escape rejected at $86,800: Just the first attempt?

Bitcoin rose $3,400 to $86,800 on Thursday before being rejected and falling back to $86,000. The price action suggests a first attempt at breaking out of a parallel channel. A confirmed breakout could occur on Friday or over the weekend, according to market observers.

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