Investment
Features
FeesSafety
Academy
More
Pluang+

Bitcoin sentiment turns cautious as profit-taking and weak demand risk a deeper correction below $80k.

Market News
11 Oct 2026
AMBCrypto
View Source
Neutral
Bitcoin sentiment turns cautious as profit-taking and weak demand risk a deeper correction below $80k.

Bitcoin's market sentiment has shifted from bullish to cautious following a significant wave of profit-taking and weakening demand. The price faces resistance around the $84k-$85k zone, which could trigger a short squeeze before potentially falling below the key support level of $80.5k. This support marks the average invested capital cost basis, critical for maintaining a bullish short-term outlook. A local market bottom may be forming, indicated by Bitcoin's long/short ratio surpassing altcoins', but a sustained move above $85k with strong demand is needed to restore bullish sentiment.

Bitcoin sentiment is turning cautious amid profit-taking, while Pluang's market snapshot shows 15 of 50 major cryptocurrencies rose and 34 fell today. Notable movers include NEO with a 5.34% gain and 100% buy order activity, SAND down 5.26% with a near-even buy/sell split, and ENJ down 3.55% with 89% buy orders. Data is as of Oct 11, 2026, 19:01 WIB.

More News

FREELANDER 8 completes global testing with 1,000+ vehicles ahead of international launch.

FREELANDER 8 completes global testing with 1,000+ vehicles ahead of international launch.

FREELANDER has completed a global validation program for its FREELANDER 8 model, involving over 1,000 test vehicles across 50+ road types worldwide. The tests covered extreme conditions including deserts, rocky terrain, and heavy rain, ensuring durab...

Others
Bullish
3 hours ago
NEAR Protocol price recovers above $5 but struggles to break $5.65 resistance amid mixed momentum.

NEAR Protocol price recovers above $5 but struggles to break $5.65 resistance amid mixed momentum.

NEAR Protocol's price rebounded from about $4.30 on October 8 to above $5, yet it has repeatedly failed to break the $5.30–$5.65 resistance zone. Despite a roughly 9% gain over the past week, technical indicators like the MACD suggest weakening upwar...

Technical Signals
Neutral
4 hours ago
Searches for "buy crypto" surge, set to break 2026 record; Bitcoin interest shows mixed trends.

Searches for "buy crypto" surge, set to break 2026 record; Bitcoin interest shows mixed trends.

Searches for "buy crypto" have sharply increased since July and are expected to surpass the 2026 record in October, indicating a potential return of retail interest in the broader cryptocurrency market. In contrast, Bitcoin-specific searches have sho...

Market News
Neutral
4 hours ago
Bitcoin sentiment weakens as holders realize $1.03B profit amid uncertainty near $85,000.

Bitcoin sentiment weakens as holders realize $1.03B profit amid uncertainty near $85,000.

Bitcoin holders recorded about $1.03 billion in realized profit in one day, the second-highest daily level of 2026, while sentiment weakened amid price uncertainty near $85,000. Key support is seen around $80,500, where invested capital balances betw...

Market News
Neutral
4 hours ago
Starknet surges 61.82% in 24 hours, leading crypto gains amid mostly declining market on Oct 11

Starknet surges 61.82% in 24 hours, leading crypto gains amid mostly declining market on Oct 11

On October 11, Starknet (STRK) led the top 89 cryptocurrencies by market cap with a 61.82% gain in 24 hours, reaching $0.115. This significant rise continued its streak as a market leader in gains, while most other cryptocurrencies declined. Aerodrom...

Market News
Bullish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App