Bitcoin (BTC) pulled back from the $86,771 high printed on Sunday evening, with the rally cooling below the $86,000 mark at the start of the first full week of October, according to a COINOTAG report published on October 5, 2026.

The advance had narrowed the distance to the $87,177 high set on Friday to roughly $650, putting the seller wall above the $87,000 level back in play. The climb came in a steady series of higher five-minute closes before the price retreated from the Sunday peak.

Seasonal Backdrop

The action unfolded during a period that cryptocurrency market participants commonly refer to as "Uptober," an informal label for October, a month historically associated with strength in Bitcoin's price. As the original and largest cryptocurrency by market capitalization, Bitcoin typically attracts heightened attention in October as observers track whether the seasonal pattern repeats. Because such labels describe historical tendencies rather than guarantees, observers generally treat Uptober as context for interpreting price action rather than as a forecast.

Key Levels in Focus

In market terminology, a seller wall refers to a large cluster of sell orders positioned above the prevailing price. Such clusters are commonly treated as areas of resistance that buying pressure must absorb before prices can extend higher. Round-number levels such as $86,000 and $87,000 frequently serve as reference points for traders monitoring short-term price action.

This content was first published on COINOTAG: https://en.coinotag.com/bitcoin-btc-presses-87177-high-uptober-rally