80,400 dollars was Bitcoin's low, near ETF holders' cost basis.
Bitcoin finished the week near 84,000 dollars, about 2% lower, and Zerocap says funding is near neutral after the flush, which is a cleaner starting point.
š What happened
Per Zerocap, $BTC opened the week near 87,000, failed at the 87,000 to 88,000 zone and fell to about 80,400 before recovering to roughly 84,000. US spot ETFs lost 681.1 million dollars in the week.
š Why it matters
ā¢ The 80,000 area approximates ETF holders' average cost, which can act as psychological support.
ā¢ 25,700 BTC of profit-taking was the largest of 2026, per CryptoQuant.
ā¢ More than 95% of 1.1 billion dollars in liquidations were longs.
š What to watch
ā¢ US inflation data on October 14.
ā¢ Risk: a clear break below 80,000 would put many ETF holders underwater.
š¬ Does Bitcoin hold 80,000: yes or no?
#BitcoinETFFlows #CostBasis
Bitcoin finished the week near 84,000 dollars, about 2% lower, and Zerocap says funding is near neutral after the flush, which is a cleaner starting point.
š What happened
Per Zerocap, $BTC opened the week near 87,000, failed at the 87,000 to 88,000 zone and fell to about 80,400 before recovering to roughly 84,000. US spot ETFs lost 681.1 million dollars in the week.
š Why it matters
ā¢ The 80,000 area approximates ETF holders' average cost, which can act as psychological support.
ā¢ 25,700 BTC of profit-taking was the largest of 2026, per CryptoQuant.
ā¢ More than 95% of 1.1 billion dollars in liquidations were longs.
š What to watch
ā¢ US inflation data on October 14.
ā¢ Risk: a clear break below 80,000 would put many ETF holders underwater.
š¬ Does Bitcoin hold 80,000: yes or no?
#BitcoinETFFlows #CostBasis