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Bitcoin holds $81,300 support after $1.18B liquidations; inflation data and spot buying key for next move.

Market News
12 Oct 2026
Tokenpost
View Source
Neutral
Bitcoin holds $81,300 support after $1.18B liquidations; inflation data and spot buying key for next move.

Bitcoin recovered to the $81,300 support level after dropping from a recent high of $87,197 to $80,347. The market saw $1.18 billion in leveraged positions liquidated on October 8, reducing leverage and making future price moves more dependent on direct spot demand. Investors in Bitcoin ETFs have an average cost basis around $84,340, which may cause selling pressure if prices approach that level. Upcoming U.S. inflation data is critical, as lower-than-expected inflation could ease interest rate pressures and influence Bitcoin's price direction. A rise above $84,500 could target $87,722, while a drop below $81,300 might lead to a decline toward $77,400.

Bitcoin market context as of Oct 12, 2026 19:42 WIB: Among 50 major cryptocurrencies tradable on Pluang, 30 rose and 18 fell today. Notable movers include EOS at Rp12.649 with an 8.13% increase, Algorand at Rp2.280 up 8.06% with a 42% Sell / 58% Buy order activity, and Tezos at Rp5.742 rising 7.49% with 100% Buy order activity. The most notable figure is EOS's 8.13% gain in one day.

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