šØ BITCOIN STUCK AT $83,000: COULD THE $19 BILLION CRASH HAPPEN AGAIN?
š A year after the historic liquidation on October 10, 2025, the crypto market still hasnāt fully recovered!
On October 11, 2026, Bitcoin ($BTC ) was trading around $83,063, down 34% from its peak of $126,080. Last week, BTC briefly fell to $80,308 before recovering.
š° The worrying signs arenāt limited to Bitcoinās price!
According to Investing.com, U.S. spot Bitcoin ETFs saw over $700 million in net outflows for the week. Meanwhile, around $3.3 billion in short positions could be liquidated if BTC rises to the $85,000 range.
š MARKET OUTLOOK:
BTC and ETH liquidity has improved compared with the aftermath of last yearās crash, but many altcoins still face thin liquidity.
If BTC breaks above $85,000, pressure to close short positions could support further gains. Conversely, if it loses the recent low near $80,300, the risk of a correction will increase.
In my view, ETF flows and leverage are two signals to watch closely.
š„ Do you think Bitcoin is consolidating before a recovery, or is another downturn just around the corner?
š A year after the historic liquidation on October 10, 2025, the crypto market still hasnāt fully recovered!
On October 11, 2026, Bitcoin ($BTC ) was trading around $83,063, down 34% from its peak of $126,080. Last week, BTC briefly fell to $80,308 before recovering.
š° The worrying signs arenāt limited to Bitcoinās price!
According to Investing.com, U.S. spot Bitcoin ETFs saw over $700 million in net outflows for the week. Meanwhile, around $3.3 billion in short positions could be liquidated if BTC rises to the $85,000 range.
š MARKET OUTLOOK:
BTC and ETH liquidity has improved compared with the aftermath of last yearās crash, but many altcoins still face thin liquidity.
If BTC breaks above $85,000, pressure to close short positions could support further gains. Conversely, if it loses the recent low near $80,300, the risk of a correction will increase.
In my view, ETF flows and leverage are two signals to watch closely.
š„ Do you think Bitcoin is consolidating before a recovery, or is another downturn just around the corner?