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Bitcoin holds $83K support amid rising Treasury yields and dollar strength, eyes recovery above $86.5K.

Market News
08 Oct 2026
Coinpaper
View Source
Neutral
Bitcoin holds $83K support amid rising Treasury yields and dollar strength, eyes recovery above $86.5K.

Bitcoin recently dropped to around $82,700, pressured by rising U.S. Treasury yields and a stronger dollar, which dampened demand for risk assets. The $83,000 level is now a key support zone, with $80,000 as the next target if it breaks. For a bullish turnaround, Bitcoin needs to reclaim the $86,500-$87,000 resistance area. Despite short-term volatility, technical indicators like the golden cross suggest a stronger long-term trend, but macroeconomic risks remain due to Fed caution and high yields.

Bitcoin on Pluang is priced at Rp1.478.766.981 with a 1-day decline of 1.15%. The platform shows a buyer majority at 63% and a typical hold time of 111 days, indicating steady investor interest. These figures are current as of Oct 08, 2026 17:51 WIB.

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