Bitcoin, one year after the October 10 crash: flows down and supports under watch

On Saturday, October 10, 2026, bitcoin was trading around $82,000, according to an article published the same day by the specialist outlet Journal du Coin. The date carries symbolic weight: one year ago, on October 10, 2025, a crash marked by massive liquidations had interrupted what had until then been a favourable October. The outlet mentions $460 million liquidated in one hour during that episode. A year later, the anniversary is passing without a comparable shock, but the market remains hesitant.

What this week's prices show

According to Journal du Coin, bitcoin is down about 4% over the week ending October 10. It touched $80,427 early in the week, before stabilising between $82,000 and $83,000. The opening level on Friday, October 9 was, according to the same source, a three-week low.

Also according to the article, the week had begun with an attempt to break above $87,000, which did not hold. Analysts at the Bitfinex platform believe this move was driven by futures contracts rather than by real demand on the spot market. “Spot demand remains the missing piece,” they sum up, as quoted by Journal du Coin.

The outlet also links the recovery seen in the run-up to October 10 to a message from Donald Trump ruling out a strike on Iran. This is the source's interpretation; the article does not quantify the effect of that statement.

Spot ETF flows sharply down

The flow figures cited concern spot bitcoin ETFs listed in the United States. On Wednesday, October 7, these funds recorded $484.9 million in net outflows, their largest day of outflows since June 25, according to Journal du Coin. In detail, BlackRock's IBIT lost $207.7 million and Fidelity's FBTC $105.1 million. Outflows continued on Thursday, October 8, amounting to $244 million.

Over seven days, inflows into these ETFs fell from $2.39 billion to $241.1 million, the article further states. The source does not specify how these two amounts were calculated or the exact period they cover; they should therefore be read as an indication of the scale of the slowdown, not as a series comparable day by day.

The “supports” identified by analysts: hypotheses

Several analysts quoted by Journal du Coin outline levels below the current price where, in their view, buyers could step in. These “supports” belong to the realm of technical analysis and interpretation: they do not guarantee that a pullback will stop at these prices.

$83,000. Luke Deans, researcher at Bitwise Europe, regards this zone as a pivot level. In his view, it would combine the average cost basis of the ETFs and a former technical high, already tested in recent weeks. He believes the market's reaction at this level should be “instructive”.

$77,000. Ananda Banerjee, founder of Charlie Quant Lab, places there the support he considers the strongest, owing to a notable volume of bitcoins acquired at that price. According to the article, the “True Market Mean”, presented as the average acquisition price of active investors, would sit at the same level; the conditional is the source's.

$74,000 and $72,000. Luke Deans also cites the cost basis of recent holders, around $74,000, then the 200-day moving average, at $72,000. “Through this lens, Bitcoin could fall significantly and remain within a constructive structure,” he cautions.

Bitfinex analysts, for their part, point to a consolidation zone between $84,000 and the year's opening price, $87,722, pending a return of flows. It is worth noting that this range sits above the price of about $82,000 mentioned by the article on October 10.

Two macroeconomic deadlines in October

Journal du Coin cites two events likely, according to the article, to push bitcoin out of its current range: the release of the US consumer price index (CPI) on October 14, then the Federal Reserve meeting on October 27 and 28. The direction of any move is not known in advance.

What October seasonality is worth

The “Uptober” nickname rests on a statistic picked up by the source: since 2013, bitcoin has ended October higher ten times out of thirteen, with a median return of about 14%. The article also recalls that October 2025 had already disappointed.

This historical observation must be distinguished from any forecast. Thirteen observations make up a small sample, and a past pattern says nothing certain about the current month. As of October 10, 2026, with a decline of about 4% over the week and ETF outflows, nothing in the data cited makes it possible to say whether the seasonal trend will hold this year.

This article is for information purposes and does not constitute investment advice.

Sources

Journal du Coin, Renaud H., “Uptober en péril : un an après le krach du 10 octobre, Bitcoin multiplie les étages de support”, published October 10, 2026.