Bitcoin is approaching a crucial resistance level at $87,200, which has repeatedly blocked its advance in recent weeks. This level aligns with previous local highs and is seen as a make-or-break point for a potential breakout or further consolidation. Despite several failed attempts to sustain a move above $87,000, the recent higher low suggests some short-term bullish strength. Positive funding on major futures exchanges indicates healthy demand, supporting the possibility of a breakout if bulls can overcome this resistance.
Bitcoin trades at Rp1.537.626.089 on Pluang as of Oct 05, 2026 13:02 WIB, showing a 1.50% gain in the last day. Binance Coin is also up by 1.00%, priced at Rp14.204.957 on the platform. The strong buy sentiment on Pluang, with 84% of orders favoring purchases, highlights ongoing investor interest despite Bitcoin's resistance challenges.
On October 18, Bitcoin (BTC), Solana (SOL), Near Protocol (NEAR), and Hyperliquid (HYPE) traded close to their technical support ranges, showing mixed performance throughout the day. BTC hovered around $80,000–$81,000, SOL near $100–$102, NEAR at $4....
In a snapshot of perpetual futures on October 18, Dogecoin (DOGE) showed the highest positive funding rate among five major cryptocurrencies, at 0.0085% per eight hours (9.3% annualized). This means traders holding long positions in DOGE pay those wi...
Bitcoin's MVRV percentile fell to 25.7%, indicating a valuation below its historical range but not signaling a market bottom. Meanwhile, U.S. spot Bitcoin ETFs experienced $936.3 million in net outflows from October 7-16, following a prior period of ...
Bitcoin has faced multiple rejections near the $87,000 level, causing its cycle-adjusted MVRV percentile to fall to 25.7%, a range historically linked to accumulation rather than market highs. This metric compares Bitcoin's market value to its realiz...
Bitcoin was trading at around $81,615 on October 18, experiencing a 1.5% decline over the past week. The $81,000 level acted as a support point, with the cryptocurrency consolidating after a recent price run. Continued buying pressure around this sup...
