Bitcoin briefly fell below its key ascending channel and support level around $79,700 but quickly recovered to above $82,500, signaling strong bullish momentum. The price is currently forming a small bull flag pattern, suggesting a potential rise toward the $83,900 resistance and possibly $90,000 if bulls maintain control. However, failure to surpass $83,900 by the end of the week could lead to a breakdown toward $70,000. The next few days are critical for bulls to sustain the rally and avoid a bearish reversal.
Bitcoin's market cap stands at Rp29.754,84 trillion as of Oct 16, 2026, 16:41 WIB, with a 24-hour trading volume of Rp556,56 trillion on Pluang. The cryptocurrency is trading at Rp1.472.090.889, up 1.01% in the last day, while buy orders dominate at 62%. Typical holding time on Pluang is 111 days, indicating a moderate-term investor interest as the price forms a bull flag pattern.
ZEC cryptocurrency jumped 11% to around $1,230, leading a broad crypto market rebound with Bitcoin climbing back above $82,000 after briefly dropping below $80,000. However, the US spot ZEC ETF saw a $15 million outflow, marking its fifth withdrawal ...
An unidentified whale or institution sold 1,601.1 Bitcoin (BTC) for 132 million USDC and purchased 53,095 Ether (ETH) over a five-day period, with an average purchase price of $2,497 per ETH. In the latest 24 hours, it sold 288.9 BTC for 23.48 millio...
XRP led spot trading volume on South Korea's largest exchange, Upbit, surpassing Bitcoin and Ether with $145.6 million traded on Oct. 15 and $108.3 million on Oct. 16. This surge comes as South Korea's Financial Intelligence Unit blocked 27 offshore ...
Bitcoin price briefly fell below $80,000 following a 6.3% rise in US Producer Price Index inflation, triggering hawkish comments from Federal Reserve officials signaling potential aggressive rate hikes. Despite the dip, large Bitcoin holders (whales)...
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...
