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Bitcoin dips below key technical support at $77,617, showing weak momentum but no clear reversal yet.

Technical Signals
31 Oct 2026, 10:15 WIB
Tokenpost
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Bearish
Bitcoin dips below key technical support at $77,617, showing weak momentum but no clear reversal yet.

Bitcoin fell below its daily lower Bollinger Band at $77,617, trading around $77,326 and down 1.33% over 24 hours. Technical indicators like stochastic readings below 20 suggest weak momentum, though they do not confirm a trend reversal. The relative strength index remains above oversold levels, and Bitcoin is trading below its short- and medium-term moving averages. Immediate support levels are at $76,259 and $75,127, with resistance near $78,591, indicating cautious market conditions ahead.

Bitcoin is trading at Rp1.403.913.028 on Pluang as of Oct 31, 2026 14:31 WIB, down 1.34% over the past day, closely matching the article's reported decline. Despite this drop, Bitcoin's market cap remains substantial at Rp28.127,36 trillion with a 24-hour trading volume of Rp552,47 trillion. The Pluang platform shows a balanced order activity with 42% selling and 58% buying, indicating mixed investor sentiment amid the cautious technical signals noted in the article.

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