Bitcoin approaches $87,000 one year after all-time high
Exactly one year after reaching a record $126,210, Bitcoin traded near $87,000 on October 6, 2026, holding monthly gains despite overhead liquidity pressure.
On October 6, 2026, exactly one year after reaching an all-time peak of $126,210, Bitcoin was trading near $87,000, according to commentator That Martini Guy and market reports. Bitcoin.com News reported that the asset maintained its October gains after surging above $86,000 twice during the month. Meanwhile, Coin Telegraph noted that Bitcoin was grinding toward $87,000, with upward momentum kept in check by overhead ask liquidity even as U.S. equities broke out to new record highs.[4][2][3]
Crypto Briefing reported Bitcoin trading around $85,300, roughly 32% below its $126,000 record, following a 45% rebound from a summer low near $58,000. An annotated monthly BTC/USD chart shared by That Martini Guy showed the price at $85,687.85 after touching an October high of $87,223.61, reflecting a substantial recovery after the 2026 sell-off.[1][4]
The 32% decline from the peak represents a notably milder downturn than previous market cycles, according to Coindesk, which observed that prior crypto bear markets saw prices plunge between 77% and 85%.[5]
Key facts
- Bitcoin reached an all-time high of $126,210 on October 6, 2025.
- Bitcoin traded around $85,300 to $87,000 on October 6, 2026, sitting roughly 32% below its peak.
- Bitcoin's price rebounded approximately 45% from a summer low near $58,000.
- Bitcoin held its October gains after crossing above $86,000 twice in the month.
- Overhead ask liquidity kept Bitcoin's price action in check while U.S. stocks reached record highs.
- Coindesk reported the current downturn is shallower than past bear markets, which saw drops of 77% to 85%.
Sources · 5 sources
- CB
Crypto BriefingArticle ·
Bitcoin sits 32% below its $126,000 record one year later Bitcoin trades around $85,300, roughly 32% below its $126,000 record, after a 45% rebound from a summer low near $58,000. The post Bitcoin sits 32% below its $126,000 record one year later appeared first on Crypto Briefing .
Open source - BC
Bitcoin.com News@BitcoinNewsPost on X ·
Bitcoin Price Holds October Gains After Two Surges Above $86K https://t.co/pBlUSwEELW
Open source - CT
Coin TelegraphArticle ·
Bitcoin grinds toward $87K as US equities hit new record highs Bitcoin price action was kept in check by overhead ask liquidity while US stocks broke out to new all-time highs.
Open source - TM
That Martini Guy ₿@MartiniGuyYTPost on X ·
Bitcoin hit $126,210 exactly one year ago today. Since then, we’ve had one of the nastier corrections of the cycle, but BTC has managed to recover all the way back to around $87K. We’re still a long way from the ATH, but I think the fact that Bitcoin has recovered this much after the 2026 sell-off is worth paying attention to. If BTC can get back above $100K, I think the conversation around a new ATH gets very interesting.
Open source - CO
CoindeskArticle ·
Why bitcoin is down 'just' 32% a year after its record high of $126,000 This shallower decline isn’t limited to the one-year anniversary. The bear market itself has been milder with past downturns seeing prices plummet 77% to 85%.
Open source