Bitcoin's price briefly rose to $84,280 before retreating to around $83,700, testing a key support level near $83,000. While the overall trend remains bullish with a likely upward breakout, short-term price action shows uncertainty with a possible correction that could push Bitcoin down to the low $70,000 range. The 50-day moving average is expected to provide support, but volatility around this average could continue. Comparing recent bear markets suggests the current rally might still have room to grow, though investors should be cautious of a sharper correction ahead.
While Bitcoin briefly touched $84,280 in the news, on Pluang it trades at Rp1.478.825.769 as of Oct 12, 2026 20:41 WIB, showing a slight 0.11% decline over the past day. This price sits near the upper range of Bitcoin's circulating supply of 20.1 million out of 21 million BTC, indicating a mature market phase. Pluang users currently favor buying with 68% of orders, and typical hold time is 111 days, suggesting steady investor interest despite short-term volatility.
Bitcoin's price hovered around $82,550 to $83,000 on Oct 12, 2026, facing resistance near $84,000 and support at $82,500. Technical indicators show neutral to slightly bearish momentum, with bitcoin struggling to break above $84,000 but maintaining k...
The total cryptocurrency market capitalization fell by 2.88% to $2.81 trillion on October 12, driven mainly by a slight decline in Bitcoin, which traded down 0.48% at $82,690. Meanwhile, Ether and several major altcoins like Solana and Dogecoin poste...
Bitcoin's price dropped below $83,000, trading at approximately $82,981.7 USDT as of Monday morning. This marks a continuation of a modest downward trend in the cryptocurrency's value over the past 24 hours, with a decline of 0.17%. The dip reflects ...
Bitcoin's price fell below the 83,000 USDT mark on Monday, trading at 82,991.19 USDT after a 0.93% intraday decline. This slight drop indicates a minor pullback in the cryptocurrency market. Investors should watch for further price movements to gauge...
Zcash attracted $22.56 million in inflows, outpacing Bitcoin's $6.01 million and Ether's $6.95 million over the past five hours, according to Cryptometer data. Stablecoins USDT and USDC also saw significant distribution across cryptocurrencies. Despi...
