Bitcoin's price is trading near $86,256, approaching a strong resistance zone between $87,000 and $87,374. The technical outlook remains bullish with 13 moving averages supporting the uptrend, but some short-term caution arises from neutral oscillators and a recent volume spike. A clear break above $87,374 could push Bitcoin toward $89,650, while failure to break this level may lead to a retreat toward $85,000 or lower support at $82,500. The daily chart shows higher highs and lows, indicating bulls still control the market, but momentum indicators are mixed, suggesting the next move is uncertain.
As Bitcoin battles near the $87,000 resistance level, on Pluang it trades at Rp1.535.494.700 with a slight 0.45% decline as of Oct 06, 2026 20:28 WIB. The market shows active engagement with a 63% buy order ratio and a substantial 24-hour volume of Rp471,87T. Investors typically hold their Bitcoin for around 111 days on the platform, reflecting steady interest despite short-term fluctuations.
Binance has experienced the largest Bitcoin outflows in three years, with around 40,000 BTC worth $3.3 billion withdrawn over two weeks. This surge in withdrawals is driven by large holders (whales) accumulating Bitcoin off the exchange despite price...
Strategy reported a $20.91 billion gain on its bitcoin holdings in Q3 2026, surpassing Meta's $19 billion quarterly operating income. However, losses of $14.46 billion and $8.32 billion in Q1 and Q2 leave the company about $1.87 billion underwater on...
The MOVE index, which measures bond market volatility, has surged recently, indicating rising uncertainty in U.S. Treasury yields. This increase often precedes volatility in stocks and bitcoin, which remain calm for now. Higher bond volatility can ti...
Bernstein research forecasts Bitcoin to reach $125,000 by the end of 2026 and $150,000 by mid-2027, driven by growing institutional ownership and increased ETF demand. Despite Bitcoin currently trading about one-third below its October 2025 peak, rec...
Bitcoin's price slipped back toward $85,500 on October 6 after multiple failed attempts to break above $87,000, leaving the market about 32% below its all-time high from one year ago. The key support zone between $83,300 and $84,600, where significan...
