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Bitcoin holds above $80,000 amid stalled rebounds near $84,000 resistance level

Technical Signals
19 Oct 2026
Tokenpost
View Source
Neutral
Bitcoin holds above $80,000 amid stalled rebounds near $84,000 resistance level

Bitcoin (BTC) remained above $80,000, trading at $82,315 on Oct. 19, after recent price rebounds stalled near the $84,000 resistance. The $80,000 level acts as a key pivot within an ascending channel that started from lows near $58,000 in late June. BTC has faced resistance near $88,000 twice since late September, and a sustained move above $84,000 could renew focus on the $86,000-$88,000 range. Conversely, a daily close below $80,000 might target support near $77,000, with further downside possible near $75,000 if the price breaks below key trendlines. The 30-day adjusted Spent Output Profit Ratio indicates some profit-taking but does not clarify the next market direction.

Bitcoin held above $80,000 as of Oct 20, 2026 06:02 WIB, providing context for recent price movements near $84,000. For readers following major cryptocurrencies on Pluang, 42 of 50 rose today. Notable movers include SAND at Rp1.067 with a 1-day change of +2.90%, BCH at Rp5.026.924 with +2.84%, and GRT at Rp429 with +2.74%.

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