Bitcoin attempted twice to break through the late September high but failed, rising $87000 before falling back

Bitcoin rose to nearly $87000 last week, about $500 from its peak of $87400 set at the end of September, before experiencing selling pressure and falling back. This is BTC's second attempt within a week to break through the late September high without success. The lower than expected inflation data in the United States has pushed BTC to around $85500, and the weakening of US employment data has reduced the pressure for the Federal Reserve to continue raising interest rates.