Bitcoin Set Up for Another Strong Week -- Market Talk
Dow Jones2026/10/05 08:120812 GMT - Bitcoin could be on for another strong week after October rate hike bets collapsed, Coin Bureau's Nic Puckrin writes. Bitcoin is testing $87,000 despite elevated bond yields as the probability of an October Fed hike fell to below 20%. "The next target is the psychologically significant $90,000, and $92,000 is the next resistance level to watch if it manages to break out of its current holding pattern," he says. Bitcoin is 0.6% higher at $86,356. (joseph.wilkins@wsj.com) (END) Dow Jones Newswires October 05, 2026 04:12 ET (08:12 GMT)
0812 GMT - Bitcoin could be on for another strong week after October rate hike bets collapsed, Coin Bureau's Nic Puckrin writes. Bitcoin is testing $87,000 despite elevated bond yields as the probability of an October Fed hike fell to below 20%. "The next target is the psychologically significant $90,000, and $92,000 is the next resistance level to watch if it manages to break out of its current holding pattern," he says. Bitcoin is 0.6% higher at $86,356. (joseph.wilkins@wsj.com)
(END) Dow Jones Newswires
October 05, 2026 04:12 ET (08:12 GMT)
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