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Bitcoin shows signs of stabilizing amid high yields and oil prices, but a clear bottom is not confirmed.

Technical Signals
12 Oct 2026
Tokenpost
View Source
Neutral
Bitcoin shows signs of stabilizing amid high yields and oil prices, but a clear bottom is not confirmed.

Bitcoin remained range-bound on October 12 as high U.S. Treasury yields, elevated oil prices, and profit-taking pressured risk assets. On-chain data indicated early signs of stabilization with low exchange reserves and recovering demand, though demand stayed below zero and whale holdings remained steady. Market watchers see improving conditions for a bottom but caution that sustained ETF inflows and stronger spot buying are needed to confirm a durable reversal. Upcoming U.S. economic data and the November midterm elections will be key factors influencing Bitcoin's trajectory.

Bitcoin's recent trading range and early on-chain bottoming signs provide context for cryptocurrency market activity on Pluang. For readers following crypto markets, here is Pluang's snapshot as of Oct 13, 2026 06:21 WIB: out of 50 major cryptocurrencies, 4 rose and 45 fell today. Notable movers include UNI at Rp126.883 with a 1-day change of -8.73% and a typical hold time of 65 days, NEO at Rp43.620 down 8.50% with a 96-day hold time, and AAVE at Rp2.809.658 down 8.41% with a 106-day hold time and 95% sell order activity.

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