Bitcoin fell more than 2% from about $86,500 to $84,200 on Oct. 7, staying within the $83,000-$87,000 range formed after its September gains. This follows a pattern of sharp rallies followed by sideways trading at higher levels, with key support near $83,000 now in focus. If Bitcoin holds above $83,000, it suggests sellers cannot push prices back to previous lower ranges, maintaining the upward trend. A drop below $82,000-$83,000 could bring earlier lower ranges back into play, making the next moves dependent on buyers defending this support level.
Bitcoin's key support near $83,000 is in focus as it remains within a $83,000-$87,000 trading range. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Oct 07, 2026 14:21 WIB: out of 50 major cryptocurrencies, 6 rose and 43 fell today. Notable gainers include BAL (Balancer) up 11.14% at Rp16.297 with a typical hold time of 85 days, SAND (The Sandbox) up 10.41% at Rp1.304 with a typical hold time of 123 days and a 63% sell order activity, and EOS (EOS.IO) up 8.13% at Rp12.649 with a typical hold time of 87 days.
Ether (ETH) briefly fell below $2,600 to a 24-hour low of $2,596.36 amid a broad crypto market selloff that triggered about $176 million in futures liquidations. This forced closure of leveraged positions added short-term downward pressure on the tok...
Solana (SOL) traded around $118.79 on October 7, slightly down by 0.84%, staying below the $120 mark but above a key support level near $116.54. Technical indicators showed mixed momentum, with some suggesting stability while others pointed to cautio...
U.S. spot XRP exchange-traded funds (ETFs) recorded 12 consecutive weeks of net inflows, with Bitwise's XRP ETF adding $10.55 million on October 6. Despite this inflow, a flash crash shortly after dropped XRP's price from $1.52 to $1.46, causing a te...
Ethereum's price fell below $2,600 following the deployment of the Glamsterdam upgrade on the Sepolia testnet, marking a key step before mainnet implementation. This upgrade increases the gas limit, allowing more transactions per block. The price dro...
Bitcoin fell to about $84,200 on Wednesday, down over 2% from Tuesday, but remained within its recent $83,000 to $87,000 trading range. This range has maintained Bitcoin's bullish stair-step pattern since July, with key support near $83,000 crucial t...
