Bitcoin Price Prediction for October 2026: $81.3K Support Fractures as 10Y Yield at 5.19% Drains Beta
Bitcoin's 44% three-month rally is now colliding with a 5.19% 10-year Treasury yield and a 76,921-transaction mempool backlog, exposing a structural divergence between spot ETF accumulation and derivative leverage. With the 10Y-3M spread normalizing at +1.11%, capital is rotating from high-beta digital assets into front-end yield, pressuring BTC's $81,345 support.