Bitcoin ended last week at its highest weekly close since late January, the best in eight months. That did not turn into further gains when US trading began on Monday, October 5, 2026.
After Wall Street opened, BTC moved back and forth around $86,000. TradingView data showed BTC/USD unable to get past its weekly open level, near $86,500. That level became short-term resistance on lower timeframes.
US bond yields kept rising during the same session. The report does not say whether the higher yields caused bitcoin to stall. It also does not say what happened after the start of the US session.
For anyone already holding a perpetual position, this changes nothing directly. The report covers spot price levels only. It has no information on funding rates, trading fees or order book liquidity at Bitget, Bybit, MEXC or OKX. The cost of holding a perp still depends on the funding each exchange charges, and this story does not report any of it.
Source: cointelegraph — Bitcoin price fails to break higher after best weekly close in eight months
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