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Bitcoin rebounds with $23.2M ETF inflows amid US stock recovery and weak dollar, eyeing $100K breakout.

Technical Signals
21 Oct 2026
FXEmpire
View Source
Bullish
Bitcoin rebounds with $23.2M ETF inflows amid US stock recovery and weak dollar, eyeing $100K breakout.

Bitcoin price rose 1.34% supported by a rebound in the US stock market and $23.2 million net inflows into US spot Bitcoin ETFs, led by BlackRock's IBIT. The weakening US dollar and fresh ETF demand are boosting Bitcoin's short-term outlook, with strong support around $80,000 to $82,000. A break above $87,200 could push Bitcoin toward $100,000, while a drop below $80,000 risks a correction to $70,000-$75,000. However, rising oil prices may keep inflation high and borrowing costs elevated, potentially limiting cryptocurrency demand.

Bitcoin trades at Rp1.502.981.402 on Pluang as of Oct 21, 2026 15:51 WIB, showing a 2.26% gain in the last day. Market activity on Pluang leans toward selling, with 66% of orders placed to sell Bitcoin. Typical hold time for Bitcoin investors on Pluang is 112 days, indicating a medium-term investment horizon for most users.

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