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Bitcoin rebounds to $80,300 but faces resistance below key moving averages, signaling weak momentum.

Technical Signals
26 Oct 2026, 16:29 WIB
TheNewsCrypto
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Neutral
Bitcoin rebounds to $80,300 but faces resistance below key moving averages, signaling weak momentum.

Bitcoin recovered to around $80,300 after dipping near $79,200, yet it remains below its crucial nine- and 21-period moving averages, indicating weak short-term momentum. The Relative Strength Index (RSI) is at 42, showing bearish pressure but not an oversold condition. Resistance levels at $80,600 and $81,150 must be overcome for a stronger upward trend, while a drop below $79,400 could lead to further losses. The market awaits a clear signal whether buyers will regain control or sellers will push prices lower.

Bitcoin trades at Rp1.437.434.307 on Pluang as of Oct 26, 2026 20:42 WIB, down 0.84% in the last day. The platform shows a market cap of Rp29.335,32 trillion and 78% of orders are buys. Typical holding time is 112 days, indicating steady investor interest despite recent price fluctuations.

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