{"id":79293,"date":"2026-10-09T17:47:26","date_gmt":"2026-10-09T17:47:26","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-price-bounces-back-to-83k-as-crypto-market-liquidations-cool\/"},"modified":"2026-10-09T17:47:26","modified_gmt":"2026-10-09T17:47:26","slug":"bitcoin-price-bounces-back-to-83k-as-crypto-market-liquidations-cool","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-price-bounces-back-to-83k-as-crypto-market-liquidations-cool\/","title":{"rendered":"Bitcoin Price Bounces Back to $83K as Crypto Market Liquidations Cool"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Bitcoin briefly reclaimed $83,000 on Friday after plunging to a month-to-date low of $80,308 on Thursday.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Over $700 million in spot bitcoin ETF outflows this week dampened expectations for a record-setting October.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Bitunix analysts believe BTC must hold above $82,800 to reach $85,000 or risk dropping toward $77,000.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Resistance at $83,000 Triggers Volatile Trading<\/h2>\n<p>Bitcoin rebounded Friday to briefly reclaim $83,000, signaling a potential end to a downturn that dragged the cryptocurrency to multi-week lows. The decline, fueled by more than <a href=\"https:\/\/news.bitcoin.com\/market-updates\/bitcoin-ether-prices-hit-etf-selling-2-day-outflows-near-1-billion\/\">$700 million in spot bitcoin exchange-traded fund (ETF)<\/a> outflows this week, dampened analyst expectations for a <a href=\"https:\/\/news.bitcoin.com\/market-updates\/bitcoin-price-breakout-hinge-us-debt-fears-coinshares\/\">record-setting October<\/a>.<\/p>\n<p>Market data shows that immediately after plunging to a month-to-date low of $80,308 just after midday Thursday, the cryptocurrency\u2019s price reversed course, climbing all the way to $81,400 by 2:35 p.m. ET. The price then slowly rose to reach $82,500 by Friday morning before taking just 15 minutes to land just above $83,400 a few minutes before 8 a.m.<\/p>\n<p> <iframe src=\"https:\/\/markets.bitcoin.com\/crypto\/bitcoin\/embed\" width=\"100%\" style=\"max-height:500px;height:500px;border:none;overflow:hidden;border-radius:4px\" scrolling=\"no\" title=\"bitcoin market data\"><\/iframe> <\/p>\n<p>Since then, the price has seesawed around $83,000 resistance, as every sharp rally met an equally swift sell-off. By 1:30 p.m. ET, bitcoin hovered near $82,615, up 2.5% over 24 hours, pushing its market capitalization to nearly $1.66 trillion.<\/p>\n<p>Derivatives activity shifted after Thursday\u2019s flash crash, marked by fewer long liquidations and a rise in short forced closures. <a href=\"https:\/\/www.coinglass.com\/liquidations\" target=\"_blank\" rel=\"noopener noreferrer\">Data from Coinglass<\/a> shows long liquidations totaled about $70 million across the crypto market versus $270 million Thursday, while short liquidations reached $157 million. Total liquidations across the market fell to $228 million from $1.1 billion about 24 hours prior.<\/p>\n<h2>Institutional Outflows Signal Persistent Selling Pressure<\/h2>\n<p>After seeing sustained inflows from late September into October, spot bitcoin exchange-traded funds\u2014which are seen as a gauge of institutional interest\u2014have <a href=\"https:\/\/news.bitcoin.com\/market-updates\/bitcoin-ether-prices-hit-etf-selling-2-day-outflows-near-1-billion\/\">posted net outflows<\/a> in three of the last four days.<\/p>\n<p>According to analysts, the net outflows combined with declining open interest suggest that the brief recovery in spot demand was insufficient to absorb selling pressure. Bitunix analysts assert that bitcoin-specific liquidations over the last two days buttress this thesis.<\/p>\n<p>\u201cBitcoin-specific liquidations reinforce that interpretation, with approximately $220.17 million in long positions liquidated against $45.71 million in shorts, a ratio of roughly 4.8 to 1. Across the broader crypto market, long liquidations reached $930.49 million, substantially exceeding the $162.06 million in short liquidations. The figures indicate that leveraged bullish positions bore the brunt of the latest decline,\u201d Bitunix explained in a note.<\/p>\n<p>Looking ahead, analysts assert that for bitcoin to make another test of $85,000 to $87,000, it first needs to <a href=\"https:\/\/news.bitcoin.com\/market-updates\/bitcoin-price-holds-above-82k-despite-mounting-bearish-pressure\/\">reclaim $82,800<\/a>, accompanied by a measured recovery in open interest and moderating ETF outflows. Should this fail, the cryptocurrency could see a drop below $77,000.<\/p>\n<p>\u201cConversely, repeated rejection below $82,800 followed by a break beneath the recent low near $80,400 would shift attention toward the $79,700\u2013$77,000 demand zone. If selling pressure intensifies further, the $70,500\u2013$72,900 region represents a deeper area of potential demand,\u201d the analysts concluded.<\/p>\n<div class=\"not-prose my-3 lg:my-4\">\n<div class=\"overflow-hidden rounded-lg !bg-[#E8EDFA] p-[9px] hidden md:flex md:flex-row md:gap-3 lg:hidden\"><a aria-hidden=\"true\" tabindex=\"-1\" class=\"relative size-[150px] min-w-[150px] shrink-0 overflow-hidden rounded-[15px]\" href=\"https:\/\/news.bitcoin.com\/bitcoin-drops-below-81k-crypto-liquidations-top-1-billion\/\"><\/p>\n<div class=\"absolute left-2 top-2\"><img alt=\"Bitcoin.com News\" loading=\"lazy\" width=\"28\" height=\"28\" decoding=\"async\" data-nimg=\"1\" class=\"size-7\" style=\"color:transparent\" srcset=\"\/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=32&amp;q=75 1x, \/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=64&amp;q=75 2x\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=64&amp;q=75\"\/><\/div>\n<p><\/a><\/div>\n<div class=\"overflow-hidden rounded-lg !bg-[#E8EDFA] p-[9px] hidden lg:flex lg:flex-row lg:gap-4\"><a aria-hidden=\"true\" tabindex=\"-1\" class=\"relative size-[150px] min-w-[150px] shrink-0 overflow-hidden rounded-[15px]\" href=\"https:\/\/news.bitcoin.com\/bitcoin-drops-below-81k-crypto-liquidations-top-1-billion\/\"><img alt=\"Bitcoin Price Drops Below $81K as Crypto Liquidations Top $1.1 Billion\" loading=\"lazy\" decoding=\"async\" data-nimg=\"fill\" class=\"object-cover\" style=\"position:absolute;height:100%;width:100%;left:0;top:0;right:0;bottom:0;color:transparent\" sizes=\"150px\" srcset=\"\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fbitcoin-price-oct8-2026-150x150.png&amp;w=32&amp;q=75 32w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fbitcoin-price-oct8-2026-150x150.png&amp;w=48&amp;q=75 48w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fbitcoin-price-oct8-2026-150x150.png&amp;w=64&amp;q=75 64w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fbitcoin-price-oct8-2026-150x150.png&amp;w=128&amp;q=75 128w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fbitcoin-price-oct8-2026-150x150.png&amp;w=256&amp;q=75 256w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fbitcoin-price-oct8-2026-150x150.png&amp;w=384&amp;q=75 384w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fbitcoin-price-oct8-2026-150x150.png&amp;w=640&amp;q=75 640w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fbitcoin-price-oct8-2026-150x150.png&amp;w=828&amp;q=75 828w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fbitcoin-price-oct8-2026-150x150.png&amp;w=1080&amp;q=75 1080w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fbitcoin-price-oct8-2026-150x150.png&amp;w=1200&amp;q=75 1200w, \/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fbitcoin-price-oct8-2026-150x150.png&amp;w=1920&amp;q=75 1920w\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=https%3A%2F%2Fstatic.news.bitcoin.com%2Fwp-content%2Fuploads%2F2026%2F10%2Fbitcoin-price-oct8-2026-150x150.png&amp;w=1920&amp;q=75\"\/><\/p>\n<div class=\"absolute left-2 top-2\"><img alt=\"Bitcoin.com News\" loading=\"lazy\" width=\"28\" height=\"28\" decoding=\"async\" data-nimg=\"1\" class=\"size-7\" style=\"color:transparent\" srcset=\"\/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=32&amp;q=75 1x, \/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=64&amp;q=75 2x\" src=\"https:\/\/news.bitcoin.com\/_next\/image\/?url=%2Fimages%2Fuploads%2Fbitcoin_news_newlogo.svg&amp;w=64&amp;q=75\"\/><\/div>\n<p><\/a><\/p>\n<div class=\"flex min-w-0 flex-1 flex-col justify-center gap-2\">\n<p class=\"m-0 line-clamp-2 text-base leading-[1.3] !text-[#67656E]\">Bitcoin broke below $81,000 to an intraday low near $80,500, wiping out billions from its market cap. Over $1.1 billion\u2026<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/market-updates\/bitcoin-price-bounces-back-83k-crypto-market-liquidations-cool\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Bitcoin briefly reclaimed $83,000 on Friday after plunging to a month-to-date low of $80,308 on Thursday. Over $700 million in spot bitcoin ETF outflows this week dampened expectations for a record-setting October. Bitunix analysts believe BTC must hold above $82,800 to reach $85,000 or risk dropping [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":79294,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/79293"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=79293"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/79293\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/79294"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=79293"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=79293"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=79293"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}