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Bitcoin's rally stalled on Oct 21, triggering $91M in long liquidations amid uncertain price pattern.

Market News
22 Oct 2026
BeInCrypto
View Source
Bearish
Bitcoin's rally stalled on Oct 21, triggering $91M in long liquidations amid uncertain price pattern.

On October 21, Bitcoin's price rally hit resistance, causing a significant liquidation of long positions totaling $91.19 million within four hours as the price dropped below $83,000. Analyst Benjamin Cowen noted that the 21st has historically marked local tops for Bitcoin in recent months, raising questions if October will follow this pattern. Key price levels to watch include $82,600 as support for a bounce and resistance between $85,000 and $87,500. The coming weeks will reveal if Bitcoin breaks this pattern before November 3, a date linked to potential local highs and lows.

Bitcoin is trading at Rp1.478.850.000 on Pluang, down 1.23% in the past day, with a balanced order activity of 52% Buy and 48% Sell. Binance Coin also shows a slight decline, priced at Rp13.223.540 with a 1.54% drop. These figures provide a snapshot of market sentiment as of Oct 22, 2026 17:22 WIB.

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