09:17 - 28.10.2026

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October 28, Fineko/abc.az. After briefly surging above $87,000, Bitcoin has pulled back toward the $80,000 support level as profit-taking and breakeven sell-offs create significant overhead pressure.

According to Bloomberg, prediction market Polymarket now prices the probability of Bitcoin reaching $100,000 by year-end at just 17%. Market analysis highlights $87,000 as a major resistance zone where investors who bought over the past two years are seeking to break even.

Blockchain analytics firm Glassnode warned that a sustained close below $81,500 could push Bitcoin ETF investors into loss territory and weaken short-term market stability.