Bitcoin's price hovered near $83,000 after retreating from the $86,000-$90,000 resistance zone. The negative Coinbase Premium Index, near -0.1%, indicates weaker buying pressure on Coinbase compared to Binance, suggesting softer demand on that platform. Bitcoin had previously recovered from lows near $58,000 in June to highs near $86,000 but faces resistance around $86,000-$90,000 and broader resistance near $95,000. Key support levels are $80,000, $77,000, and a demand zone between $75,000-$78,000; a daily close below $75,000 could weaken the recovery. Short-term momentum remains subdued with technical indicators like the relative strength index below neutral levels.
Bitcoin's recent price movements come with this market snapshot from Pluang. Of 50 major cryptocurrencies priced on Pluang, 41 rose and 8 fell today. Notable gainers include BAL at Rp16.297 with an 11.14% increase, EOS at Rp12.649 up 8.13%, and AXS at Rp22.589 rising 8.06% despite a 99% sell order activity. This data is as of Oct 11, 2026 02:21 WIB.
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