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Bitcoin resists breakdowns, signaling strong buyer demand despite market pressures.

Market News
24 Oct 2026
Coincu
View Source
Bullish
Bitcoin resists breakdowns, signaling strong buyer demand despite market pressures.

Bitcoin has repeatedly tested key support levels without breaking down, indicating strong underlying demand even amid macroeconomic challenges. Market analyst @jvisserlabs highlights this pattern as a structural signal of seller exhaustion and buyer absorption, suggesting the downside momentum is weakening. However, this resilience is conditional and not a guaranteed bullish reversal, as external factors could still trigger a breakdown. Investors should watch for sustained price holds above support and volume-backed recoveries for confirmation.

As of Oct 25, 2026 04:31 WIB, Bitcoin on Pluang trades at Rp1.453.143.058 with a slight 0.95% decrease over the past day. The platform shows a strong buyer presence with 63% of orders on the buy side, supporting the article's note of resilience despite pressure. Bitcoin's circulating supply is near maximum at 20.1 million out of 21 million BTC, highlighting its scarcity as it holds steady at this notable price level.

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