Bitcoin fails to break $87,000 for the second time in 10 days
- —Bitcoin retreated from $87,000 twice in 10 days, peaking at $87,229
- —US economy added 29,000 jobs versus 90,000 expected
- —Unemployment rose to 4.2%; October Fed hike odds fell to 17%
- —About $145 million in shorts were liquidated; ETFs drew $102.7 million
Why it matters: The $87,000 level remains the key resistance: a breakout opens the path to $99,000, while a rejection risks a return to $82,600.
Source: Bithub