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Bitcoin must hold $80,000 to avoid mass long liquidations, trading just above at $80,615.

Market News
28 Oct 2026, 00:30 WIB
Tokenpost
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Neutral
Bitcoin must hold $80,000 to avoid mass long liquidations, trading just above at $80,615.

Bitcoin traded at $80,615 on October 27, slightly above the critical $80,000 level identified by influencer Ki Young Ju. Ju warned that if Bitcoin falls below $80,000, it could trigger a cascade of long liquidations, potentially causing sharp price declines. Bitcoin's price movements often influence other cryptocurrencies, making this threshold important for the broader crypto market. Investors are closely watching whether Bitcoin can maintain this support level to avoid increased selling pressure.

Bitcoin is trading at Rp1.468.000.000 on Pluang as of Oct 28, 2026 04:41 WIB, showing a positive 1.61% change in the last day. The platform's market cap for Bitcoin stands at Rp29.390,64 trillion, indicating strong investor interest. Buy orders dominate at 73%, suggesting confidence among Pluang users despite the critical $80,000 price level mentioned in the news.

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