Bitcoin (BTC) is currently holding support at the lower boundary of a parallel price channel after losing gains made earlier in the week. The price slipped below a boundary near its 50-day moving average, with mixed momentum indicators showing uncertainty in direction. If the support fails, BTC could test lower horizontal levels at $81,000 and $80,300. The weekly chart shows a flattening 50-week moving average, leaving the short-term trend unresolved as investors watch whether BTC can maintain support near the channel floor.
Bitcoin trades at Rp1.478.756.306 on Pluang as of Oct 23, 2026 10:41 WIB, down 0.85% in the past day. The platform shows a market cap of Rp29.683,66T and a 24-hour volume of Rp567,79T. Sell orders dominate at 70%, with typical holding time around 112 days, indicating cautious sentiment among investors.
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