Bitcoin retests 20-month SMA as $87M in liquidations hits spot CFDs
According to TradingView, BTC/USD is testing its 20-month moving average near $87K, with $317M in crypto derivatives liquidated over 24 hours.
- published
- in the api
- on the website
on the website stories appear 15 minutes after publication, in the api at once. connect the api →
what happened
According to TradingView, the Bitcoin price has repeatedly returned to its 20-month simple moving average, in a range of roughly $87,165 to $87,490. The nearest support is seen near $82,442, while the upper Bollinger Band sits at about $121,640.
Over the past 24 hours, $317M in crypto derivatives were liquidated. Around $87M of that came from BTC/USD spot CFDs, with about 40% from long positions. The price briefly dipped below $80,000 before recovering. Glassnode reports that Bitcoin spot ETFs have shifted from net inflows to net outflows.
One-year realized volatility for BTC/USD spot CFDs fell to 43%, compared with roughly 81% five years ago. Separately, Australia's ASIC has launched a consultation on rules for crypto platforms that could cover BTC/USD spot CFDs.
why it matters
Both the liquidation levels and ETF flows matter for the market. According to the source, a lasting recovery would require ETF inflows to return. Fidelity Digital Assets reports that the correlation between Bitcoin's market cap and the 10-year US real yield exceeded 0.6, a record high. Traders are also watching a US Treasury buyback on October 27 and a refunding on November 4.
market impact
Bitcoin and crypto markets: ETF outflows and liquidations pressure BTC/USD spot CFDs
tags
instruments
sources
- Key facts: BTCUSD tests 20‑month SMA; $87M liquidations; $80k–86k accumulation — ru.tradingview.com, 16 October 2026 at 12:00 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
on the website stories appear 15 minutes after publication, in the api at once.
get stories in real time ↗