Bitcoin's price hovered around $81,392 on October 20, facing immediate support at $81,100 amid short-term selling pressure and weakening U.S. demand. Technical indicators show a fragile position with resistance between $82,000 and $83,300, while a drop below $81,100 could expose further declines toward $79,800. Bitfire Research highlights macroeconomic challenges including inflation concerns and ETF outflows that threaten Bitcoin's recovery. The market awaits the Federal Reserve's upcoming policy decision, which could influence Bitcoin's near-term direction.
Bitcoin's market cap on Pluang stands at Rp29.409,84 trillion as of Oct 20, 2026, 19:46 WIB, while the 24-hour trading volume is Rp408,11 trillion. The price is Rp1.472.428.771 with a 1-day decline of 0.72%, and sell orders slightly dominate at 56%. This trading activity context complements the article's note on Bitcoin's fragile price support and short-term selling pressure.
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Bitcoin fell about 1.1% to $81,392 amid declines in Asian stocks and rising oil prices, which could dampen demand if equity weakness continues. However, U.S. spot bitcoin ETFs saw their largest net inflows in a month, led by BlackRock's IBIT fund, si...
