Bitcoin's price fell below $83,000, erasing its gains for October and triggering $693 million in crypto liquidations, mostly from long positions. Despite this sell-off, open interest remained steady, indicating aggressive new short selling. Analysts expect Bitcoin to consolidate between $81,300 and $86,500 ahead of the U.S. CPI report on October 14, with the $84,000 level acting as a critical support or resistance point. The market's direction will depend on whether Bitcoin holds above or falls below this key level, influencing potential short squeezes or further declines.
Bitcoin price movements provide context for cryptocurrency trends. For readers following crypto markets, here is Pluang's snapshot as of Oct 07, 2026 23:32 WIB: out of 50 major cryptocurrencies, 6 rose and 42 fell today. Notable movers include SUSHI at Rp4.175 with a -8.16% change and 65% sell order activity, DOT at Rp19.777 down 8.13% with 70% sell orders, and EOS at Rp12.649 up 8.13%.
Several analysts including Morgan Stanley, Scotiabank, and Wells Fargo have lowered their price targets for Vale due to rising all-in costs and volatile iron ore prices. Despite the stock trading below these new targets, indicating potential upside, ...
BNP Paribas lowered Hormel Foods' price target from $26 to $23, indicating a potential 16.2% upside from its current price of around $19.80. Despite a 50.5% decline in its share price over five years, Hormel Foods remains attractive for dividend inve...
Barclays initiated coverage of Becton, Dickinson and Company (BDX) with an "Underweight" rating, indicating a cautious outlook for the medical technology stock. BDX is partnering with the U.S. government to boost domestic manufacturing and strengthen...
Morgan Stanley increased its price target for Eli Lilly to $1,430 from $1,419, maintaining an Overweight rating. This new target implies a potential upside of about 20.8% from the current share price of around $1,184. The adjustment reflects updated ...
NEAR Protocol, highlighted by Bitwise, has facilitated over $30 billion in cross-chain transactions through NEAR Intents, supporting 35 blockchains. This platform enables users to set desired outcomes while solvers execute transactions across chains,...
