{"id":14020,"date":"2026-10-02T20:33:47","date_gmt":"2026-10-02T20:33:47","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=14020"},"modified":"2026-10-02T20:33:47","modified_gmt":"2026-10-02T20:33:47","slug":"bitcoin-traders-load-up-on-100000-calls-as-rally-signal-returns","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=14020","title":{"rendered":"Bitcoin traders load up on $100,000 calls as rally signal returns"},"content":{"rendered":"

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Bitcoin\u2019s rally is approaching a $90,000 test as a rare accumulation pattern reappears and sell-side liquidity thins.<\/p>\n

On Oct. 2, Bitcoin registered an intraday high at $87,000 after buyers broke through a sell wall around $85,000 that had stalled several previous attempts to advance.<\/p>\n

Glassnode said some of those orders were filled and the remainder withdrawn, leaving a smaller concentration of asks around $87,000 and less visible liquidity immediately above.<\/p>\n

\"Bitcoin's\"Bitcoin's
Bitcoin cleared $85,000 after sell orders vanished, then met new resistance near $87,000. Source: Glassnode<\/figcaption><\/figure>\n

At the same time, bands on CryptoQuant\u2019s Bitcoin Accumulation Trend chart have begun contracting, reviving a pattern seen before two sharp advances in 2025.<\/p>\n

The setup adds another bullish signal to a market that has reclaimed several key cost-basis levels, though the limited number of previous occurrences makes the pattern far from conclusive.<\/p>\n

Past contractions offer a bullish, but limited, precedent<\/h2>\n

Per CryptoQuant, the current contraction resembles two episodes in 2025 followed by sizable gains, giving traders a bullish analog as Bitcoin enters October.<\/p>\n

The Accumulation Trend tracks buying and selling behavior across different groups of Bitcoin holders, offering a view into whether supply is being absorbed or distributed. Periods when the chart\u2019s bands narrow sharply have previously coincided with shifts in market momentum.<\/p>\n

One contraction occurred between April 17 and April 20, 2025, when Bitcoin traded near $84,000. BTC subsequently climbed toward $109,000, and another appeared between March 5 and March 8 before a separate advance.<\/p>\n

Those episodes are too few to establish the contraction as a reliable forecasting tool. However, they do make the latest occurrence more notable because Bitcoin\u2019s broader market structure has improved at the same time.<\/p>\n

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Related Reading<\/span><\/p>\n

Bitcoin\u2019s $113,000 case strengthens as US regulators push 9 crypto actions<\/h3>\n<\/p>\n

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Bitwise said this week that Bitcoin has reclaimed the major cost-basis thresholds it tracks for identifying shifts toward risk-on conditions. Those include the short-term holder cost basis near $73,000, a true market mean around $77,000, and the estimated average cost basis of spot exchange-traded fund investors near $83,000.<\/p>\n

Bitcoin has also moved decisively through Bitwise\u2019s $85,000 short-term holder realized-price band, pushing the market toward a part of the distribution where gains have historically become harder to sustain.<\/p>\n

Underwater Bitcoin holders crowd the path toward $100,000<\/h2>\n

The disappearance of the $85,000 sell wall leaves Bitcoin heading directly toward another source of potential supply: investors approaching breakeven after months of losses.<\/p>\n

CryptoQuant analyst Darkfost estimates that BTC holders who acquired their assets 18 months to two years ago have an average cost basis near $88,350. The six-to-12-month cohort sits around $89,200 and has been underwater overall for close to a year.<\/p>\n