Bitcoin Consolidates Near $86,248 as September Spot Volume Rebound Leaves Resistance Intact

Bitcoin is consolidating around $86,248 after recovering from $84,000, though repeated rejections near $87,400 continue to limit upside momentum toward the $90,000 level. The price action follows a September rebound in spot volume across major exchanges after activity dropped to near three-year lows in July. Between July and September, Binance spot volume rose from $42 billion to $50 billion, Bybit grew from $14 billion to $19 billion, and Kraken doubled from $4 billion to $8 billion. Despite the turnover gains, market activity remains insufficient to confirm a broad-based revival, leaving the recovery fragile.