Bitcoin fell below $81,000 with $450 million liquidated from the crypto market in 60 minutes on October 8, 2026. Crypto analysts on X debated the price movement, with Benjamin Cowen acknowledging his previous prediction error about Bitcoin breaking above the May high and discussing potential Q4 2026 weakness.
Bitcoin reached $87,000 on October 2, 2026, as sellers withdrew resistance at the $85,000 level. The price surge followed reduced ask liquidity and occurred amid reports of U.S. unemployment rising to 4.2% above expectations.