Bitcoin recently tested support around $80,000, where the average purchase prices of US spot ETFs and corporate holders align, signaling a key price floor. Despite this support, significant sell orders and liquidation clusters near $87,000 present the next major hurdle for a sustained price recovery. ETF inflows have returned, but trading volume remains low, indicating cautious market activity. Investors should watch the $87,000 level closely for potential renewed selling pressure or a breakout.
Bitcoin's recent support at $80,000 sets a key price floor as of Oct 22, 2026 18:32 WIB, providing context for market watchers. For readers following cryptocurrency markets, here is Pluang's snapshot: out of 50 major cryptocurrencies, 5 rose and 44 fell today. Notable movers include EOS with a 1-day change of +8.13% at Rp12.649 and a typical hold time of 87 days, BAT down 6.41% at Rp3.078 with 57% sell order activity, and SAND down 6.03% at Rp978 with 81% sell order activity.
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