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Bitcoin nears $90,000 as futures open interest surpasses $140 billion, signaling strong market activity.

Technical Signals
23 Oct 2026
UToday
View Source
Bullish
Bitcoin nears $90,000 as futures open interest surpasses $140 billion, signaling strong market activity.

Bitcoin is trading around $81,615 with futures open interest climbing above $140 billion, indicating increased investor participation. The price remains above key moving averages, supporting a bullish trend, with resistance near $87,500 and a potential breakout to $90,000 if surpassed. Support levels are at $80,000 and $77,500, and a drop below $80,000 could delay upward momentum. Rising open interest during stable prices suggests a significant move could be coming, depending on market leverage and direction.

As of Oct 23, 2026 20:21 WIB, Bitcoin trades at Rp1.474.927.668 on Pluang with a modest 1-day gain of 0.29%. The platform shows a market cap of Rp29.699,58 trillion and a 24-hour trading volume of Rp453,35 trillion, reflecting active market participation. Despite the article's focus on futures open interest surpassing $140 billion, on Pluang the typical Bitcoin hold time is 112 days, indicating a longer-term investor base.

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