At 17:17 UTC on October 16 2026, Bitcoin was priced at 80,995.04 USDT, trading below the prior support level of 81,478.87 USDT. The move equals 0.7 multiples of the 14‑day ATR, which stands at 2.75%, well under the 2.0‑multiple threshold set for a significant breakout. The price also sits beneath the previous daily close of 82,245.93 USDT and the 24‑hour high of 82,940.81 USDT, while the 24‑hour low is 80,972.22 USDT.
The 14‑day RSI reads 48.9, indicating a neutral stance near the midpoint, and the ADX14 is 26.4, reflecting a moderate trend strength. Bitcoin trades just above its 50‑day EMA (80,374.8) and well above the 200‑day EMA (74,372.61), with the market regime still classified as BULL. The fear‑greed index is 63, labeled "Greed," and Bitcoin’s dominance remains at 59.3%.