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Bitcoin Price Under Pressure After $1.03B Profit-Taking: Can Bulls Defend $80,700?

Coinpedia·October 9, 2026·1 min read
Bitcoin Price Under Pressure After $1.03B Profit-Taking: Can Bulls Defend $80,700?

Bitcoin price dropped to $82,542 after a $1.03B profit-taking wave and long liquidations, with local lows at $80,393. Record ETF outflows and realized profits added selling pressure. Bulls now face the challenge of defending the $80,700 support level as market sentiment turns cautious.

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