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Bitcoin dips below $80K, QCP Capital sets support at $78K amid Middle East tensions and ETF outflows.

Market News
26 Oct 2026, 14:47 WIB
Tokenpost
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Neutral
Bitcoin dips below $80K, QCP Capital sets support at $78K amid Middle East tensions and ETF outflows.

Bitcoin traded at $80,276 but fell below $80,000, prompting QCP Capital to set short-term support at $78,000. The firm sees resistance at $86,000 to $90,000, with a base case range of $78,000 to $86,000 assuming stable Fed interest rates. Middle East tensions and ETF outflows have increased liquidations of leveraged long positions, pressuring Bitcoin's price. Positive tech earnings might boost investor confidence and support a rebound, but hawkish Fed signals or worsening Middle East conflicts could push prices lower.

Bitcoin's recent trading activity is presented here as market context for readers. As of Oct 26, 2026 18:21 WIB, 26 of 50 major cryptocurrencies on Pluang rose while 23 fell. Notable movers include Basic Attention Token (BAT) at Rp2.625 with a 1-day change of -6.24%, Uniswap (UNI) at Rp126.008 with +4.45%, and PancakeSwap (CAKE) at Rp38.321 with +2.56%.

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