Bitcoin surged past $83,000 on October 20, reaching a peak of $83,335 and pushing its market cap near $1.67 trillion despite volatile swings between $81,200 and $82,000. Short sellers faced significant losses, accounting for about 60% ($45.7 million) of total single-day bitcoin liquidations, signaling high market leverage. Analysts warn that if Bitcoin falls below $79,821, it could drop further to the $77,600-$80,400 range before the Federal Reserve's October 28 meeting. The market shows signs of leveraged trading with weak spot demand, and new whale investors have increased their holdings, but overall demand remains slightly negative. The outlook remains cautious with potential for further declines tied to broader tech market movements.
On Pluang, Bitcoin trades at Rp1.491.218.028 as of Oct 21, 2026 00:03 WIB, showing a modest 0.98% gain in the last day. Market activity leans slightly toward selling, with 56% of orders placed as sell and 44% as buy. The typical holding period for Bitcoin on Pluang is 112 days, indicating a medium-term investor base amid recent price volatility.
Bitcoin fell to $79,775 last week, dropping below the previous week's low of $80,400 and highlighting a technical support range between $78,000 and $80,500. This decline represents an 8.72% decrease from its September 21 high of $87,399, which follow...
Wintermute, a leading crypto market maker, reports investors are moving capital from altcoins to Bitcoin as US inflation rises to 3.7%, causing tech stocks like Nasdaq to fall. Bitcoin is holding above $82,500 despite pressure, acting as a defensive ...
Bitcoin's price is currently stable within a rising channel but faces potential breakdown soon as technical indicators suggest downward movement. Despite strong inflation data and rising bond yields impacting the U.S. stock market negatively, Bitcoin...
Ondo (ONDO) rebounded 6.6% from a recent low but remains vulnerable due to a 10% weekly decline and weak momentum signals. Bitcoin also fell 2.1% last week, and the overall altcoin market dropped nearly 8%. Bitcoin spot ETFs saw significant outflows,...
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 dr...
