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Bitcoin corrects to $80K, eyes next target at $94K amid bullish outlook.

Technical Signals
14 Oct 2026
Cointribune
View Source
Bullish
Bitcoin corrects to $80K, eyes next target at $94K amid bullish outlook.

Bitcoin recently corrected from around $86,000 to $80,000, hitting a key technical support near the 50-day EMA. This correction was anticipated and used by the analyst to close short positions and increase Bitcoin holdings. The outlook remains bullish, with a potential breakout above $87,000–$88,000 possibly leading to a target range of $92,000–$94,000. Despite some recent outflows in Bitcoin ETFs indicating mixed institutional demand, the overall trend is still upward, and the correction is seen as a healthy pullback rather than a bear market start.

Bitcoin trades at Rp1.461.758.835 on Pluang as of Oct 15, 2026 01:12 WIB, showing a 1.83% decline in the last day. The platform records a nearly balanced order activity with 49% sell and 51% buy, reflecting cautious investor sentiment. Typical hold time on Pluang is 111 days, indicating a medium-term investment horizon among users.

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