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Bitcoin price dips 7.59% early October but remains bullish; short-term caution advised amid market stress.

Technical Signals
10 Oct 2026
AMBCrypto
View Source
Neutral
Bitcoin price dips 7.59% early October but remains bullish; short-term caution advised amid market stress.

Bitcoin's price fell 7.59% from $87,000 to $80,393 between October 5-8 but has since rebounded to $82,800. Despite a generally bullish longer-term trend, market indicators like elevated stress levels and net Bitcoin inflows to exchanges suggest caution for buyers. The Bitcoin Stress Index peaked on October 7 at 49.9, indicating elevated but not extreme selling pressure, and has since dropped to calm levels. Analysts warn that a further drop below $80,700 combined with rising stress could signal more downside, though a move above $83,600 may end the correction phase.

While Bitcoin recently dipped below $81,000, on Pluang it trades at Rp1.484.085.419 as of Oct 11, 2026 06:21 WIB, showing a modest 0.52% gain in the last day. This contrasts with the article's noted drop to $80,393 earlier in the week. The current Pluang order activity leans heavily toward buying at 72%, suggesting more confidence among traders here despite the recent volatility. Bitcoin's circulating supply on Pluang remains high at 20.1 million BTC, close to its 21 million cap, indicating limited new supply entering the market.

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