Bitcoin Advances Stall Near the $87,000–$87,200 Resistance Zone
A push after the September U.S. jobs report left Bitcoin near a price area that has capped several recent advances; its next direction remains unconfirmed.
Bitcoin (BTC) advances have repeatedly stalled near $87,000–$87,200, keeping the price zone in focus after a push that came following the September U.S. jobs report.
The report showed 29,000 payroll gains and an unemployment rate of 4.2%. The Bureau of Labor Statistics (BLS) released the figures at 8:30 a.m. ET (12:30 UTC).
Recent price action offers mixed signals: advances have run into resistance near $87,000, while a confirmed move above the broader zone has not been established. Resistance at that level does not signal an imminent breakout. Bitcoin’s next move remains uncertain.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.