Investment
Features
FeesSafety
Academy
More
Pluang+

Bitcoin rebounds nearly 50% but trading activity remains low, raising doubts on sustained recovery.

Market News
07 Oct 2026
Tokenpost
View Source
Neutral
Bitcoin rebounds nearly 50% but trading activity remains low, raising doubts on sustained recovery.

Bitcoin's price has surged nearly 50% from recent lows, currently trading between $64,000 and $65,000. Despite this price rebound, both buyer and seller activity in the market remain limited, with few participants engaging in trades. This low trading volume casts uncertainty on whether the price recovery can sustain momentum or develop into a longer-term trend. Market watchers highlight subdued spot demand as a key factor, noting that increased participation will be crucial for the market's future direction.

While the article highlights Bitcoin's nearly 50% rebound to around $64,000-$65,000, on Pluang as of Oct 07, 2026 15:31 WIB, BTC trades at Rp1.503.460.325 with a 1-day decline of 1.98%. This contrasts with the relatively balanced Pluang order activity of 53% sell and 47% buy, suggesting steady but cautious participation. The market cap stands at Rp30.300,27 trillion, and typical hold time is 111 days, indicating investors are holding rather than actively trading despite the price surge.

More News (BTC)

Bitcoin drops below $85K as $550M in crypto positions liquidate amid market pressure

Bitcoin drops below $85K as $550M in crypto positions liquidate amid market pressure

Bitcoin fell below $85,000 after failing to break past $87,000, triggering over $550 million in liquidations, mostly from long positions. This price drop tested a key support range that has held since late September. If buyers defend the $85,000–$86,...

Market News
Bearish
4 hours ago
Bitcoin and XRP lead U.S. crypto spot ETFs, outpacing Solana and other altcoins.

Bitcoin and XRP lead U.S. crypto spot ETFs, outpacing Solana and other altcoins.

Bitcoin dominates the U.S. cryptocurrency spot ETF market with $110.68 billion in net assets, representing 6.54% of its market cap. XRP follows as the top altcoin ETF with $1.70 billion in net assets and strong inflows, outperforming Solana despite t...

Market News
Neutral
4 hours ago
Bitcoin dips to $84,200 but stays in bullish range, key support at $83,000 holds for now

Bitcoin dips to $84,200 but stays in bullish range, key support at $83,000 holds for now

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...

Technical Signals
Neutral
4 hours ago
Bitcoin drops below $84K, wiping out $400M in long bets in 20 minutes ahead of Oct 10 liquidation anniversary

Bitcoin drops below $84K, wiping out $400M in long bets in 20 minutes ahead of Oct 10 liquidation anniversary

Bitcoin fell sharply from $85,341 to $83,790 within 20 minutes on Oct 7, triggering over $400 million in long position liquidations. This sudden drop happened three days before the anniversary of crypto's largest-ever liquidation event on Oct 10, 202...

Market News
Bearish
5 hours ago
U.S. government moves $100M in Bitcoin and BNB, no sale confirmed

U.S. government moves $100M in Bitcoin and BNB, no sale confirmed

Wallets linked to the U.S. government transferred over $100 million in cryptocurrency on Tuesday, including about $71.6 million in Bitcoin and $31.6 million in BNB. The Bitcoin originated from seized funds in the Potapenko-Turogin and Bitfinex cases,...

Market News
Neutral
6 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App