Bitcoin came within touching distance of an eight-month high on Monday before sellers took control again, adding another rejection to a level that is becoming difficult for bulls to ignore. BTC rose to just under $87,000 before slipping below $86,000, marking its second failed push in a week. The reversal does not break Bitcoin's recovery, but it sharpens the importance of support around $82,000 to $82,500. Analysts see that zone as the dividing line between another attempt at $90,000 and a deeper correction that could eventually bring September's $75,000 region back into view. Bitcoin has tried $87K twice and sellers are still there Bitcoin topped $87,000 on October 2 and approached the same area again on Monday before reversing.