Bitcoin recorded approximately $1.03 billion in realized profits in a single day, marking the second-highest profit-taking event of 2026. The price of bitcoin faced rejection around the $86,500 resistance level and is currently trading around $82,400, down 4.5% over the past week. Bitcoin ETFs have recorded outflows totaling $409.71 million since the beginning of October. A support zone around $81,000 could help stabilize the price in the short term, but the decline in fresh capital flowing through ETFs and other channels suggests that new demand may be weakening.
Source: Read the original article

