[Analysis: BTC Retreats After Surging Close to $87,000, Fails to Break September High Twice in a Week] Deep Tide TechFlow reports on October 5, citing CoinDesk, that Bitcoin once surged to nearly $87,000, just about $500 shy of the late September high of approximately $87,400. However, it faced selling pressure and retreated. Analysts pointed out that this surge continued the rebound trend from Sunday, marking Bitcoin's second attempt within a week to break the late September high, which also failed. Previously, last Wednesday, lower-than-expected U.S. inflation data pushed BTC to around $85,500, but it retreated within hours. Weak U.S. employment data has reduced pressure on the Federal Reserve to continue raising interest rates, providing support for risk assets. If Bitcoin's daily close holds above $87,000, it could signal a significant breakthrough for buyers above the late September high.