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Bitcoin briefly dipped below $80K but quickly rebounded above $82K as buying support at $80K weakens.

Market News
16 Oct 2026
Bitcoin
View Source
Neutral
Bitcoin briefly dipped below $80K but quickly rebounded above $82K as buying support at $80K weakens.

Bitcoin briefly fell below the $80,000 support level on October 15, but large buyers quickly stepped in, pushing the price back above $82,000. Data from Glassnode shows that while the $80,000 buy orders were filled, the overall buying support at that level is thinning, suggesting weaker defense if tested again. This price action came amid rising U.S. inflation concerns and mixed investor sentiment, with prediction markets showing roughly even odds for Bitcoin staying above $82,000 short term. The outlook remains cautious as leveraged positions were heavily liquidated during the dip, indicating potential volatility ahead.

Bitcoin trades at Rp1.475.251.636 on Pluang as of Oct 16, 2026 15:41 WIB, up 1.31% in the last day. The platform shows 62% of orders are buys, indicating steady interest despite recent volatility. Bitcoin's market cap stands at Rp29.682,86 trillion with a 24-hour volume of Rp574,31 trillion, reflecting active trading.

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