Glassnode, an on-chain data analytics platform, warns that Bitcoin could crash below $80,000 if it fails to maintain the key support level around $81,500. This level is significant as it aligns with the average purchase price of Bitcoin held by U.S. spot ETFs and was recently reclaimed after acting as resistance earlier this year. If Bitcoin closes below $81,500 consistently, the next support could be at $77,600, linked to the True Market Mean Price, with a worst-case support at $74,800 tied to short-term holder costs. Despite recent selling pressure, BlackRock's iShares Bitcoin Trust has been accumulating Bitcoin, signaling institutional interest amid market volatility.
As of Oct 23, 2026 00:41 WIB, the iShares Bitcoin Trust (IBIT) is trading at USD 45.95 on Pluang, down 3.95% in the last day, reflecting some of the volatility noted in the article. The fund's market cap stands at $66.86 billion with a daily volume of over 50 million. Pluang users show a nearly balanced order activity with 51% buying and 49% selling, indicating mixed sentiment as Bitcoin navigates key support levels.
BlackRock has filed for the iShares Bitcoin Managed Protect ETF (PBIT), a Bitcoin fund designed to limit losses by cushioning downside risk while capping potential gains. This buffer ETF uses options to absorb a portion of losses over a set period, a...
BlackRock's iShares Bitcoin Trust ETF recorded its largest single-day inflow in over a year with $665.2 million on October 19, 2026. Despite this, Bitcoin and Ethereum prices declined, with Bitcoin down 0.8% and Ethereum down 1.4%, while the total cr...
Bitcoin has been consolidating tightly over the past 28 days, closing within one daily candle body—a rare pattern seen only five times before, each followed by a strong price move. Analyst SuperBitcoinBro expects this setup to trigger a significant b...
Ethereum ETFs in the U.S. have experienced significant outflows over three weeks, erasing about 62% of their 2026 inflows by mid-October. BlackRock’s iShares Ethereum Trust ETF led the selling, accounting for over 93% of the outflows. This trend refl...
BlackRock's iShares Bitcoin Trust saw a $165.4 million outflow in the week ending October 16, 2026, making up 72% of the $228.4 million total Bitcoin ETF outflows that week. Despite this, Bitcoin's price remains strong, trading around $81,141, up 6.8...
