Bitcoin is currently testing a significant ETF holdings cost-basis level around $81,000. This level acts as a critical support and resistance point, with a close below it potentially leading Bitcoin to drop toward the $70,000 range. Previously, Bitcoin briefly dipped below this level but recovered, and in May, this same level capped its rebound before a sharp market decline. The market will watch closely to see if Bitcoin can hold above this threshold or if a sustained close below it will trigger further downside.
Following the concerns about Bitcoin potentially falling below $81,000, on Pluang, BTC is currently priced at Rp1.463.608.995 as of Oct 23, 2026 04:03 WIB. The platform shows a 3.95% decline over the past day, with a market cap of Rp29.499,95T and a high trading volume of Rp626,33T. Notably, 70% of Pluang's order activity is selling, reflecting cautious sentiment among investors.
Bitcoin reached a seven-day high close to $83,500 on October 21, coinciding with a 19% increase in crypto futures trading volume to $190 billion. Open interest in futures contracts also rose nearly 4% to $145 billion, while liquidations surged 76% to...
Bitcoin briefly fell below $81,000 before recovering slightly to around $81,300, raising concerns about a potential further decline if it closes below its 50-day moving average. Analyst Benjamin Cowen warned that such a close could push Bitcoin towar...
Bitcoin fell below $82,000 after failing to reach $85,000, pressured by a broad decline in global stocks and futures. Key markets like South Korea's KOSPI and Hong Kong's Hang Seng Tech Index saw significant drops, while Nasdaq futures also declined....
Analysts from leading crypto firms predict Bitcoin will not surpass $100,000 by the end of 2026, expecting it to close the year between $85,000 and $92,000. Key factors include geopolitical tensions in Iran causing oil price volatility, potential fur...
Bitcoin is hovering around the $80,000 mark, a key level tied to institutional investors' average acquisition costs. Recent sharp declines in capital inflows into US spot Bitcoin ETFs signal waning demand, while upcoming US inflation data and Federal...
