Bitcoin reaches for $87K as short liquidations top $120M

Crypto Insight Summary: Bitcoin buyers broke through a wall of ask liquidity to reach new October BTC price highs near $87,800, with the area immediately above now a new resistance hurdle. Crypto Insight Analysis: Direction: Bullish BTC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Breakthrough of $87K resistance signals bullish momentum but needs confirmation for broader market impact.