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Bitcoin price struggles near $80,500 with sellers testing key $80,000 support level.

Technical Signals
24 Oct 2026
Bitcoin
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Bearish
Bitcoin price struggles near $80,500 with sellers testing key $80,000 support level.

Bitcoin's price hovered around $80,500 on October 24, facing selling pressure that challenges its key support near $80,350. Technical indicators show a bearish trend below $82,000, with moving averages signaling downside risks while oscillators remain mostly neutral. A break below $80,350 could push Bitcoin toward $79,000 and $78,000, but reclaiming $82,000 is crucial for bulls to regain control and challenge resistance levels around $83,000 to $84,000. The longer-term outlook remains cautiously positive as major moving averages still support prices above $77,000.

Bitcoin's market cap on Pluang stands at Rp29.286,06 trillion as of October 24, 2026, 20:01 WIB, with a 24-hour trading volume of Rp394,18 trillion. The price is currently Rp1.455.791.067, down 1.17% in the past day, reflecting active trading and some selling pressure with 36% of orders as sells. Typical hold time on Pluang is 112 days, indicating a moderately patient investor base amid the price challenges noted in the article.

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