đ Crypto Update | Oct 16, 2026
$BTC
bounced back above $82K after briefly dipping below $80K, its first break since mid-September. đ
Prices:
đž Bitcoin: ~$82,000 (+1.2%)
đž Ethereum $ETH
: ~$2,430 (+3.2%)
đž Solana $SOL
: ~$106
Why the swing? Hot CPI and PPI data sparked Fed hike fears, but the odds have since eased from ~45% to ~27%, and yields fell, helping the rebound.
Bitcoin levels:
đŽ Resistance: $84,246
đą Support: $80,400, then $78,000
The long-term trend is still bullish. A daily close above $84K favors the bulls, while a close below $80.4K risks a drop toward $78K.
$BTC
bounced back above $82K after briefly dipping below $80K, its first break since mid-September. đ
Prices:
đž Bitcoin: ~$82,000 (+1.2%)
đž Ethereum $ETH
: ~$2,430 (+3.2%)
đž Solana $SOL
: ~$106
Why the swing? Hot CPI and PPI data sparked Fed hike fears, but the odds have since eased from ~45% to ~27%, and yields fell, helping the rebound.
Bitcoin levels:
đŽ Resistance: $84,246
đą Support: $80,400, then $78,000
The long-term trend is still bullish. A daily close above $84K favors the bulls, while a close below $80.4K risks a drop toward $78K.