{"id":33010,"date":"2026-10-02T17:14:11","date_gmt":"2026-10-02T16:14:11","guid":{"rendered":"https:\/\/investx.fr\/en\/2026\/10\/02\/bitcoin-price-85000-sell-wall-breaks-87000\/"},"modified":"2026-10-02T17:14:17","modified_gmt":"2026-10-02T16:14:17","slug":"bitcoin-price-85000-sell-wall-breaks-87000","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/bitcoin-price-85000-sell-wall-breaks-87000\/","title":{"rendered":"Bitcoin Surges to $87,000: The $85,000 Sell Wall Collapses as US Jobs Data Disappoints"},"content":{"rendered":"\n

Bitcoin<\/strong> is back at its highest levels since January 2025. The break above a key resistance at $85,000<\/strong> has opened the door to a bullish dynamic that few anticipated heading into early October.<\/p>\n\n\n\n

Two distinct catalysts are driving this move: a supply-side market structure that is cleaning itself up, and US macroeconomic data that is reshuffling the deck on Fed<\/strong> monetary policy.<\/p>\n\n\n\n

The timing is sharp, the signal is clear \u2014 here is what the data is really telling us.<\/p>\n\n\n\n

The $85,000 Sell Wall Crumbles: What Glassnode’s Data Reveals<\/h2>\n\n\n\n

According to on-chain data from Glassnode<\/strong>, a significant concentration of sell orders had built up around the $85,000<\/strong> level. This type of resistance \u2014 typically made up of short positions, profit-taking, and limit offers \u2014 acts as an artificial ceiling on price action. Its liquidation marks a structural turning point<\/strong>.<\/p>\n\n\n\n

Once that sell wall was absorbed, the order book thinned out considerably at depth, allowing Bitcoin<\/a><\/strong> to push toward $87,000<\/strong> with minimal friction. This dynamic illustrates the classic mechanics of a breakout: when available supply at a key level is exhausted, even modest buying pressure is enough to propel price toward the next resistance zone.<\/p>\n\n\n\n

This move brings Bitcoin<\/strong> to its highest levels since January 2025<\/strong>, repositioning the asset in a technically favorable setup. Traders are now watching the $88,000\u2013$90,000<\/strong> zone as the next momentum test \u2014 a level that, if broken, could trigger a fresh wave of algorithmic buying and institutional FOMO<\/strong>.<\/p>\n\n\n\n

\"Bitcoin<\/figure>\n\n\n\n

Disappointing Jobs Data: Why the US Labor Market Is Boosting Bitcoin<\/h2>\n\n\n\n

Friday’s US employment figures came in below expectations. A weaker-than-forecast NFP (Non-Farm Payrolls)<\/strong> report sends an ambiguous signal about the health of the real economy \u2014 but a very readable one for financial markets: the Fed<\/strong> may be forced to slow down, or even reverse, its monetary tightening trajectory.<\/p>\n\n\n\n

In this context, risk assets mechanically benefit from renewed appetite. Bitcoin<\/strong>, increasingly perceived as a macro-sensitive asset<\/a>, responds positively to any prospect of monetary easing. A weakening dollar, stagnating or falling benchmark rates \u2014 historically, that is exactly the environment where BTC<\/strong> thrives.<\/p>\n\n\n\n

This macro catalyst reinforces a dynamic already underway on-chain. The convergence between a cleaner supply picture in the spot market and a more accommodative macro backdrop creates a setup that institutional traders simply cannot ignore. Market sentiment<\/strong> is shifting: fear is giving way to conviction.<\/p>\n\n\n\n

Is Bitcoin on Its Way to a New Bull Cycle?<\/h2>\n\n\n\n

Bitcoin’s current technical structure is showing several encouraging signals. The break above $85,000<\/strong> on volume confirms that this level is no longer a resistance but a potential new support. The push toward $87,000<\/strong> within a matter of hours points to solid buying liquidity, with no immediate signs of momentum exhaustion.<\/p>\n\n\n\n

On the on-chain side, the reduction of the sell wall indicates that weak hands have closed out their positions \u2014 a typical cleansing process seen during the early stages of a sustained recovery. Long-term holders (LTH) continue to hold their BTC<\/strong>, keeping structural selling pressure in check. This relative scarcity of available supply amplifies the impact of every incoming buy flow.<\/p>\n\n\n\n

Key levels to watch: how price reacts to the $88,000\u2013$90,000<\/strong> zone, and what the next round of US macro data delivers. If the dollar continues to retreat and economic figures keep disappointing, Bitcoin<\/strong> has the conditions it needs to test levels not seen in several months. The market is holding its breath \u2014 but every signal is pointing higher<\/a>.<\/p>\n\n\n\n

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