Bitcoin is trading near $82,000 and must sustainably break above its 20-month moving average at $87,165 to strengthen the chance of reaching a new all-time high. CryptoQuant analysis suggests the market correction is over, supported by increased purchases from major holders and positive flows into Bitcoin ETFs. If Bitcoin closes above $87,165 and maintains support above $80,000, it could target $121,640, though risks of rejection and correction remain. The bullish scenario depends on holding key support levels and overcoming significant resistance near $87,000.
As of Oct 17, 2026 14:51 WIB, Bitcoin trades at Rp1.463.685.413 on Pluang with a slight 0.50% decrease over the past day. The platform shows a strong buying interest with 66% of order activity favoring buys. Typical hold time among Pluang users is 111 days, indicating a medium-term investment horizon.
Bitcoin briefly fell below $80,000 before recovering above $82,000 amid inflation data and ETF flows. Ledger tightened reseller rules after discovering hardware implants used to steal recovery phrases, enhancing device security. MSCI introduced new e...
On October 16, Bitcoin experienced $8.16 million in long position liquidations across Binance, Bybit, and OKX within one hour as its price dropped by 0.07%, falling from $81,572 to $81,512. Total liquidations during this period reached $10.81 million...
Bitcoin, the largest cryptocurrency by market capitalization, fell below the $81,000 level on Binance's spot market, dropping to $80,925 at 1:20 p.m. ET on October 16. This marked a decrease of 0.78% over the previous hour and a $346 drop from a rece...
Bitcoin increased by 1.87% to $82,071 by 9 a.m. ET on October 16, while the overall crypto market capitalization slightly declined by 0.89% to $2.78 trillion. Despite the mixed market, all six major cryptocurrencies gained value in the past 24 hours,...
Raoul Pal, CEO of Real Vision, argues that Ethereum is significantly undervalued because it underpins 70-76% of stablecoins, DeFi, and many real-world asset transactions on-chain. He estimates that an Ethereum outage could erase $1 trillion to $1.5 t...
