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Bitcoin rebounds near $83K ahead of Fed decision, with $90K upside dependent on sustained fund buying.

Market News
21 Oct 2026, 12:15 WIB
Crypto news
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Neutral
Bitcoin rebounds near $83K ahead of Fed decision, with $90K upside dependent on sustained fund buying.

Bitcoin recovered to around $83,150 on October 21, approaching but not surpassing its September peak of $87,392. The price outlook for November hinges on the Federal Reserve's October 28 policy decision and whether U.S. spot Bitcoin funds continue to see net inflows. A move to $90,000 would require persistent buying and favorable macro conditions, while a drop below $79,770 could push prices toward a $75,000 downside scenario. Investors will closely watch fund flows and Fed signals to gauge Bitcoin's near-term trajectory.

Bitcoin trades at Rp1.503.257.914 on Pluang as of Oct 21, 2026, showing a 1-day gain of 2.39%. The market cap stands at Rp30.038,47T with a 24-hour volume of Rp455,59T. Despite a 66% sell order activity, typical holding time is 112 days, indicating steady investor interest amid price fluctuations.

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