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US markets jittery amid Iran tensions and midterms; oil may top, Bitcoin eyes breakout.

Technical Signals
26 Oct 2026, 14:45 WIB
Crypto Daily
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Neutral
US markets jittery amid Iran tensions and midterms; oil may top, Bitcoin eyes breakout.

The US stock market fell last week as investors grew nervous over the Iran conflict and upcoming midterm elections, creating a fearful market atmosphere. WTI crude oil appears to have hit a local top, with potential for a price correction down to $75 or $68 if support breaks. Bitcoin's price is forming a descending channel, showing signs of a bounce that could lead to a breakout above key resistance levels around $80,300. Despite bearish sentiment, a contrarian rally could emerge, potentially boosting AI stocks, precious metals, and Bitcoin if markets stabilize.

Bitcoin's potential rally is the subject, with Pluang market data providing context as of Oct 26, 2026 18:21 WIB. Among 50 major cryptocurrencies on Pluang, 26 rose and 23 fell today. Notable movers include Basic Attention Token (BAT) at Rp2.625 with a 1-day change of -6.24% and 84% sell order activity, Uniswap (UNI) at Rp126.008 up 4.45% with 89% buy order activity, and PancakeSwap (CAKE) at Rp38.321 up 2.56% but with 94% sell order activity. The most notable figure is UNI's 89% buy order activity.

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