Bitcoin closed last week near $84,000, liquidating about $140 million in short positions as it recovered from a low of $80,393. This price action removed bearish leverage clustered between $86,000 and $88,000, which now forms the next resistance zone. Despite a 3.2% weekly drop, traders see the $83,000 level as a key support, with some optimistic about a rise above $90,000 soon. However, weak spot demand, highlighted by $681 million outflows from U.S. spot bitcoin ETFs, poses a risk to sustained momentum.
Following Bitcoin's recent price moves discussed in the article, on Pluang Bitcoin trades at Rp1.500.503.494 as of Oct 12, 2026 14:42 WIB, showing a 1.31% increase over the past day. The market remains active with a 24-hour trading volume of Rp292,95 trillion and a market cap of Rp30.205,52 trillion. Pluang users currently lean more towards buying, with 68% of order activity favoring purchases, and the typical hold time is 111 days.
XRP traded around $1.42 on Oct. 12, remaining below its 20-day and 50-day moving averages but above the 200-day average of $1.28. The token fell short of a $1.53 forecast target and faces immediate resistance at $1.43 and $1.45, with support near $1....
A mysterious Bitcoin whale sold 410.14 BTC worth about $34.16 million to buy 14,341 ETH valued at around $36.14 million, signaling a strong bet on Ethereum. This move coincides with Ethereum's recent price outperformance against Bitcoin and increased...
Bitcoin price recovered above $84,000 on October 12 but faces resistance near $85,000 after failing multiple times to surpass $87,000. Weak institutional demand, marked by significant outflows from U.S. spot Bitcoin ETFs, and rising U.S. Treasury yie...
Bitcoin's price increased by 1.37% to $84,186 as the total cryptocurrency market capitalization dropped 2.35% to $2.83 trillion. While Bitcoin gained, the broader market contracted, with trading volume at $58.32 billion. Other major cryptocurrencies ...
Bitcoin rebounded to nearly $84,000 after slipping earlier in the week, shrugging off $681 million in outflows from U.S.-listed spot bitcoin ETFs, the largest since June. The decline in oil prices, partly due to eased U.S. sanctions on Russian diesel...
