Bitcoin Price Erases October Gains: Why $81,300 Is Now the Critical Level

Bitcoin price dropped to an intraday low of $82,734, erasing early-month gains. Despite forced long liquidations, open interest remained steady, signaling aggressive new short positioning by traders. Surrendering Key Support Bitcoin continued to slide Wednesday, dipping below $83,000 amid a marketwide pullback that dragged several high-cap altcoins down by 4% or more. The top cryptocurrency’s […]

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Bitcoin.com

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October 7, 2026

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Bitcoin Price Erases October Gains: Why $81,300 Is Now the Critical Level

Bitcoin price dropped to an intraday low of $82,734, erasing early-month gains. Despite forced long liquidations, open interest remained steady, signaling aggressive new short positioning by traders. Surrendering Key Support Bitcoin continued to slide Wednesday, dipping below $83,000 amid a marketwide pullback that dragged several high-cap altcoins down by 4% or more. The top cryptocurrency’s […]

Bitcoin.com

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October 7, 2026

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