OddTick

Archives
Log in
Subscribe
October 23, 2026

BTC holds bull trend, trades under its 20-day average…

BTC holds bull trend, trades under its 20-day average, boxed in a tight range at $81,556.

BTC $81,555.8, +0.30% on the day. Regime: bull.
OddTick Friday, October 23

BTC holds bull trend, trades under its 20-day average, boxed in a tight range at $81,556.

$81,555.8 +0.30% bull

Bitcoin remains in a confirmed bull regime — its 20-day average sits above its 50-day — but price itself has slipped under the shorter average while staying above the longer one, putting it in the middle of its own trend structure rather than leading it. The last 24 hours were narrow, roughly 80,814 to 81,986, while the past week was noticeably wider, running from about 80,568 up to 84,840, which shows the recent pullback rather than a calm market. On a year basis BTC is down about 25.5%, and it sits roughly 35% below its October 2025 all-time high near 126,080 — this is a cooled-off market, not a broken one. Fear & Greed reads a neutral 50, down from 63 a week ago, suggesting sentiment has softened even though price is close to flat on the day and the week. Recent headlines calling out a drop below 81,000 followed by a steadying near 81,700 line up with a market chopping sideways rather than trending hard in either direction.

Funding on both BTC and ETH is essentially flat — barely above zero on either side — which points to no meaningful directional bet being priced into perpetual futures right now. Open interest on BTC sits at about 2,621 (contracts), a current reading with no strong trend signal attached to it on its own. The rotation reading is negative at -1.53, which suggests capital isn't net flowing into altcoins at the moment, a touch at odds with headlines about alt names rebounding — worth treating as uncertain rather than conclusive. Order flow in the last 30 minutes skewed heavily toward selling, with the aggressive-buyer share down near 26% and five whale sell transactions totaling roughly $116,000 against zero whale buys; this is a single half-hour snapshot and has a habit of flipping, so it describes a moment, not the day.

The floor beneath current price has been tested heavily — over 70 touches — making it a well-worn level, while the ceiling above has seen under half as many tests, a lighter and less proven barrier. Price is currently sitting closer to the floor than the ceiling, inside a fairly tight band between the two. That band has compressed relative to the wider swings seen over the past week, suggesting consolidation rather than a breakout or breakdown in progress. Neither boundary has given way as of this writing, and with the floor so much more tested than the ceiling, its hold or failure is the more significant of the two to watch for going forward.

BTC Snapshot
24-hour +0.30%
7-day +0.07%
20-day average $82,453.52
50-day average $80,811.65
Key Levels
Resistance
tested 36×
$81,839.44
Last price $81,555.8
Support
tested 74×
$81,407.25
Sentiment
Fear & Greed
63 a week ago
50 · Neutral
24h range $80,813.7 – $81,986.3
What to take from it
• BTC sits below its 20-day average but above its 50-day, keeping the broader bull regime intact while price consolidates in a tight 24h range.
• Funding is flat on BTC and ETH, open interest is steady, and the rotation reading is negative — nothing under the hood points to a strong directional lean right now.
• In the last 30 minutes, flow skewed toward selling with five whale sells and no whale buys — a snapshot that can and does flip, not a standing condition.
Headlines
Morningstar
What’s Next for Bitcoin? WisdomTree’s Take on Risks, Regulation, and Investing
Yahoo Finance
Prediction: What Would Have to Happen for Bitcoin to Hit $150,000?
Yahoo Finance
This Top Investment Strategist Thinks a Bitcoin Supercycle Is Coming Soon. Here's Why He's Wrong.
Forbes
Bitcoin Plunges Below $81,000 As 'Everything' Sell-Off Fuels Losses
See the live dashboard →

OddTick reports what the market is doing, measured by an automated system, for informational purposes only. It does not make trade recommendations, does not predict prices, and makes no claim that acting on this information is profitable. Nothing here is financial advice. Crypto assets are volatile — never trade money you can't afford to lose.

OddTick · Patrick Register · PO Box 472 · Christiansburg, VA 24068

Unsubscribe  ·  oddtick.com

Don't miss what's next. Subscribe to OddTick:
← Newer Trend still bull by the averages, but BTC trades beneath… Older → Bull trend intact: BTC sits above both averages, pressed…
Powered by Buttondown, the easiest way to start and grow your newsletter.