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Bitcoin rebounds above $82,000 amid Black Monday fears and ETF outflows.

Market News
19 Oct 2026, 12:56 WIB
Crypto news
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Neutral
Bitcoin rebounds above $82,000 amid Black Monday fears and ETF outflows.

Bitcoin climbed above $82,000 despite widespread social media warnings of a potential Black Monday sell-off linked to the 39th anniversary of the 1987 crash. Institutional demand weakened as US spot Bitcoin ETFs saw net withdrawals of about $229 million last week, led by BlackRock and Fidelity funds. Analysts watch $81,000 as key support, with stronger recovery requiring Bitcoin to surpass $84,500. Meanwhile, a dormant Bitcoin wallet inactive since 2013 moved 411 BTC worth $34 million, signaling notable blockchain activity. The market remains cautious amid mixed signals from social sentiment, ETF flows, and technical levels, with some long-term analysts projecting potential for significant future gains.

Bitcoin price and market activity provide context for this story. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Oct 19, 2026 16:01 WIB: out of 50 major cryptocurrencies, 37 rose and 11 fell today. Notable movers include Solana (SOL) up 2.79% at Rp1.898.716 with a typical hold time of 71 days, Chainlink (LINK) up 2.36% at Rp219.462 with 64% sell order activity, and Bitcoin Cash (BCH) up 2.33% at Rp5.018.889 with 77% sell order activity. This breadth indicates a generally positive market tone among major crypto assets on Pluang.

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