Latest update · October 21, 2026
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Bitcoin found a local bottom near $80K and rebounded 12% to $87K as rate-cut odds swung wildly between 35% and 85% in a single week.
Bitcoin briefly closed below its 50-week moving average for the first time since the last bear market as the Fear & Greed Index hit 9.
Bitcoin briefly fell below $100K before reclaiming the level and stabilising near $103.5K, as buyers defended key structural support.
Bitcoin dipped below $100K for the first time since June as sentiment turned risk-off following the Fed meeting, with Ethereum sliding 16%.
Bitcoin ranged $103K-$113K as US-China trade tensions reignited, while a Hyperliquid whale doubled down on a $234M short position.
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