Bitcoin bias flipped 27 times to weak bearish on October 8, 2026
Bitcoin plunged below $81K, cutting September gains in half, with liquidations reaching $480M in an hour and $610M overall as the 'Uptober' outlook clouded. The move coincided with the biggest Bitcoin ETF outflows since June, declines linked to Iran attacks and an oil surge fueling rate fears, and Bitcoin dominance hitting a one-month high. In Washington, a policy chief said crypto is still winning despite the Clarity Act failure.
Updated
The reading that day
Weak bearishAt the close of the UTC day.
BearishNeutralBullish
It changed 27 times during the day.
The day on the wire
00:0006:0012:0018:0024:00
The band shows the reading through the day; a mark shows where it changed. Each tick is a headline first seen that day.
The reading through the day
- 00:00Neutral
- 00:04Weak bearish
- 00:19Weak bullish
- 01:14Neutral
- 01:49Weak bearish
- 06:21Weak bullish
- 06:41Bearish
- 06:56Neutral
- 07:41Bearish
- 08:46Neutral
- 10:01Weak bearish
- 10:16Bearish
- 12:46Neutral
- 13:16Weak bullish
- 13:47Bearish
- 14:17Weak bullish
- 14:42Neutral
- 15:12Bearish
- 17:32Neutral
- 17:47Bearish
- 18:17Bullish
- 18:32Bearish
- 19:22Bullish
- 21:02Weak bullish
- 21:17Neutral
- 21:32Weak bearish
- 21:47Neutral
- 23:37Weak bearish
Headlines (15)
First seen on October 8
- Bitcoin below $84K: 4 pressure points behind BTC’s sudden reversalAMBCrypto
- US Bitcoin ETFs shed $485M in biggest daily outflow since JuneCointelegraph
- Bitcoin ETFs suffer biggest exodus since June as Ethereum withdrawals hit nine-month highCryptoSlate
- Liquidations Hit $480M In a Hour as Bitcoin Plunges Below $81KCryptoPotato
- From Uptober to Spooky Szn? Bitcoin Cuts September Gains in Halfdecrypt.co
- Bitcoin Dominance Hits 1-Month High, Altcoins Remain at RiskU.Today
Carried over from earlier days
- Ripple (XRP) Scores Another Major Wall Street Win With Brevan HowardCryptoPotato
- Bitcoin grinds toward $87K as US equities hit new record highsCointelegraph
- Bitcoin Price Holds October Gains After Two Surges Above $86KBitcoin.com News
- Linked Hyperliquid Giants Take Aim at Bitcoin, Ether With $1.58B in Crypto ShortsBitcoin.com News
- Crypto Is Winning in Washington Despite Clarity Act Failure, Says Policy ChiefBeInCrypto
- Why is crypto market going down today?Crypto.news
- Bitcoin falls as Iran attacks, oil surge fuel rate fears; crypto stocks slipInvesting.com
- Crypto liquidations hit $610M as long squeezes cloud ‘Uptober’ outlookAMBCrypto
- Why are BTC, ETH, XRP and SOL in the red today?Crypto.news
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Thursday, October 8 | ||
| FOMC Member Waller Speaks | USD | |
| Unemployment Claims | 200K | USD |
| Final Wholesale Inventories m/m | 0.7% | USD |
| Natural Gas Storage | 79B | USD |
| 30-y Bond Auction | USD | |
| FOMC Member Musalem Speaks | USD | |
| Friday, October 9 | ||
| Prelim UoM Inflation Expectations | USD | |
| Prelim UoM Consumer Sentiment | 47.5 | USD |