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Bitcoin dips near $82,500 amid ETF outflows and profit-taking, challenging October's usual gains.

Market News
09 Oct 2026
Tokenpost
View Source
Bearish
Bitcoin dips near $82,500 amid ETF outflows and profit-taking, challenging October's usual gains.

Bitcoin traded near $82,500 after a 4% weekly drop driven by outflows from U.S.-listed spot Bitcoin ETFs, significant profit-taking by holders, and large wallet transfers to Coinbase Prime. This decline challenges the typical "Uptober" trend of strong Bitcoin performance in October. The Federal Reserve's recent rate hike and expectations of further tightening may also be influencing investor sentiment, as higher rates make fixed-income assets more attractive compared to riskier investments like Bitcoin. Key technical levels to watch include resistance around $85,000 and support between $79,772 and $75,491, which will indicate whether the decline continues or reverses.

Bitcoin weekly performance is the subject, with Pluang data providing market context. As of Oct 09, 2026 19:21 WIB, 14 of 50 major cryptocurrencies rose while 35 fell. Notable movers include CRV down 6.35% at Rp6.207 with 90% sell orders, SAND down 6.21% at Rp1.224 with 69% sell orders, and BCH down 5.73% at Rp4.972.286 with balanced buy/sell activity.

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