Bitcoin price today is near $82,350, down 0.54% on the day. The coin dipped close to $80,000 yesterday, then climbed back above $82,000. Crypto has seen unexpected selling for four days. The
Bitcoin price today is near $82,350, down 0.54% on the day. The coin dipped close to $80,000 yesterday, then climbed back above $82,000.
Crypto has seen unexpected selling for four days. The total market cap is below $2.80 trillion, down 1.11%. The price has felt that pressure more than most.
Here is a quick look at the derivatives data.
Metric
Value
24h Change
Price
$82,350.5
-$447.11 (-0.54%)
Market cap
$1.65 trillion
n/a
Circulating supply
20.09 million BTC (max 21 million)
n/a
Futures volume
$78.69 billion
+30.08%
Spot volume
$6.95 billion
n/a
Open interest
$52.68 billion
-2.43%
Options volume
$7.62 billion
+53.45%
Options open interest
$38.98 billion
+3.95%
Long/short ratio
0.9497
n/a
Futures volume jumped, but open interest fell. That often means traders are closing positions, not adding new ones.
The overall long/short ratio is 0.9497. This points to slightly more short positions across the market.
Exchange data tells a different story.
Exchange Data
Long/Short Ratio
Binance BTC/USDT (accounts)
1.8209
OKX BTC (accounts)
1.68
Binance top traders (accounts)
1.8785
Binance top traders (positions)
1.6031
Most accounts on these exchanges lean long. The mixed readings show traders are split.
A few things are hitting at once. Rising oil prices, higher Treasury yields, and a firm dollar are weighing on risk assets. Leveraged traders are also getting wiped out.
Crypto has been under pressure for 7 days. The asset slipped to $81.8K at one point, and altcoins were punished even harder.
Total liquidations reached $262.98 million in 24 hours. Longs lost $220.97 million. Shorts lost $42.01 million.
Window
Total Liquidated
Longs
Shorts
1 hour
$2.09M
$20.41K
$2.07M
4 hours
$11.73M
$482.56K
$11.24M
12 hours
$31.50M
$3.76M
$27.75M
24 hours
$262.98M
$220.97M
$42.01M
Look at the shorter windows. Shorts took most of the recent losses, which fits the bounce from $80,000. The heavy long wipeout came earlier.
Bitcoin News Today: Are ETF Outflows and US Transfers Hurting BTC?On October 8 (ET), U.S. spot ETFs recorded net outflows of $244 million. Only Franklin's EZBC reported a net inflow.
The U.S. government deposited 17,733 $BTC ($1.48B) and 750 $WBTC ($62M) into CoinbasePrime over the past 3 days.
During this period, the price of $BTC dropped 6.9%. Moves like this can create fear, since traders worry about possible sales.
A transfer is not a sale. Still, the market tends to react first and ask questions later.
Is Bitcoin Profit Taking at a Peak?Santiment says holders locked in about $1.03 billion in realized profit. That is the second-highest day of 2026. The year's peak is $1.04 billion. Earlier spikes on the chart were about $646 million and $950 million.
It came after the price climbed above $87,000. Many holders chose to cash out near that area.
Realized profit tracks gains investors actually take when coins move on-chain. Big spikes often show up during cooling periods. They do not guarantee a major reversal, but they show the rally is being tested.
This BTC price prediction starts with the 4-hour chart, which looks bearish in the short term. $BTC was rejected several times near $86,500 to $87,000. That has formed a double top with a neckline at $81,000.
Price is also below the 20, 50, and 100 EMAs. The RSI sits near 38, so sellers still have control. A short-term relief bounce is still possible.
Level
Role
What It Means
$86,500 to $87,000
Strong resistance
Repeated rejections so far
$85,000
Recovery target
Possible if buyers hold support
$83,200 to $84,000
Resistance
Bulls need to reclaim this
$81,500 to $82,000
Key watch zone
Losing it opens more downside
$81,000
Double top neckline
A break adds bearish pressure
$80,000 to $80,300
Main support
Buyers must defend this
$79,000
First downside target
Below $80,000
$77,500 to $78,000
Next downside target
Matches the $78,000 call
$75,000
Deeper support
Could be tested before any strong uptrend
$72,000 to $70,000
Worst case
If the neckline breaks hard
Some analysts expect $78,000 this October. That is possible if $80,000 breaks and the government transfers keep adding worry.
The bullish case is simpler. If buyers defend support and reclaims $83,200 to $84,000, a move toward $85,000 opens up. Stronger resistance waits near $86,000 to $87,000.
For now, the chart leans bearish to neutral. That changes only if BTC wins back the EMA cluster. A clear close below $80,000 would make the bearish case stronger.
Nobody can say which way it breaks. The market is at a decision point.
BTC News Today: What Should Traders Watch Next?In BTC news today, the $81,500 to $82,000 zone matters most. Losing it could drag price toward $75,000. It is the line between a bounce and a deeper slide.
Then check ETF flows, since another outflow day would add pressure. Also track any new US government wallet moves, along with oil prices and Treasury yields.
This article is for information only. It is not financial, investment, or trading advice. Crypto prices are very volatile, and you can lose money. Prices and data can change fast. Do your own research and speak with a licensed financial advisor before making any decision.
