BTC price fights to reclaim 2026 open: Three things to know in Bitcoin this week

Bitcoin bulls renewed pressure on range highs with the 2026 yearly open forming the next key resistance to break through. Bitcoin (BTC) is eyeing a key level as BTC/USD is on the cusp of turning the 2026 yearly candle green. Bitcoin continues to battle range highs after sealing its highest weekly close since late January at $86,532 on Bitstamp. Data from TradingView shows brief wicks to $87,000 after the weekly close, as part of Bitcoin’s fourth attempt to break higher since Sept. 21. Bulls have so far failed to reclaim the yearly open at $87,570. BTC/USD one-hour chart. Source: Cointelegraph/>TradingView On lower time frames, liquidity hunts continue to dictate price action. Similar to last week, BTC/USD saw liquidations of nearby short positions around $85,500, while walls of bids and asks thickened around spot price, keeping volatility constricted. Data from >CoinGlass shows concentrations at $83,700 in addition to the yearly open. BTC three-day liquidation heatmap. Source: CoinGlass “Bitcoin continues to be sandwiched between the ~ $82500 key support and the ~ $86700 resistance ahead,” trader and analyst Rekt Capital >wrote in his latest X analysis. Rekt Capital sees $82,500 as key support to avoid revisiting the previous 2026 range between $60,000 and $80,000. A decisive move above $86,700, meanwhile, would open up the path to a higher range with $93,700 as its ceiling. BTC/USD one-week chart. Source: Rekt Capital on X.com A comparatively light week of macro data in the US will put bond markets at the forefront as traders have discounted the odds of the Federal Reserve hiking interest rates. Last week, both the 10-year and 30-year bond yields hit 5.34% and 5.69%, respectively — levels not seen since 2002. They dropped only modestly on weak nonfarm payrolls data before rebounding to erase most of the decline. At the time of writing on Monday, the 10-year yield stood at 5.25%. US 10-year bond yield one-hour