TLDR
- Bitcoin traded below $82,000 on Monday after a sell wall built up above $83,000.
- The Nasdaq rose 1.5% and the 10-year US yield hit 5.13%, while BTC lagged.
- QCP Capital said $80,000 support could be at risk if stock losses return.
- A US-Iran deal could be announced this week, though neither side has confirmed it.
- Analyst Ash Crypto says BTC has closed above the 50-week moving average for five straight weeks.
Bitcoin (BTC) traded below $82,000 after the Wall Street open on Monday. Crypto moved apart from stocks and bond yields, which both climbed.
TradingView data showed BTC/USD dipping to $81,678 on Bitstamp. The pair had reached $83,062 earlier in the day.
Ask orders piled up above $83,000 on exchange order books. CoinGlass data showed this wall of sell orders pushing the price lower. Cross-crypto liquidations totaled $335 million over 24 hours.
Stocks started the week higher. The Nasdaq Composite gained 1.5% in early trading, and South Korea’s KOSPI finished 1.76% higher at 5,768 points.
US bond yields rose along with stocks. The 10-year yield reached 5.13% and the 30-year hit 5.46%. Meta, SpaceX and Tesla are due to report earnings on Tuesday and Wednesday.
Analysts Watch the $80,000 Level
Trading firm QCP Capital said bond-market stability is key to any Bitcoin upside. It warned that a repeat of last week’s tech sell-off could hit crypto too.
“Broader equity deleveraging dynamics could transmit to cryptocurrency markets and potentially threaten the $80,000 support level if sustained,” the firm wrote. It added that a Treasury rally could help risk assets.
Analyst Ash Crypto said in his weekly analysis that BTC held the $80,000 support. Bitcoin closed the week down just 2%, while the Nasdaq fell 5% and the semiconductor index dropped over 11%.
Bitcoin Weekly Analysis$BTC held the $80K support, closing the week down just 2%, while Nasdaq fell 5% and the semiconductor index dropped over 11%.
BTC has now closed above the 50W MA for 5 consecutive weeks despite the US market correction. As long as it holds the 50W MA… pic.twitter.com/lV65yW8hr5
— Ash Crypto (@AshCrypto) October 19, 2026
He noted BTC has closed above the 50-week moving average for five weeks in a row. He said the bull run stays intact while price holds that average near $76,100. He listed support at $80,000 and $76,000, and resistance at $84,000 and $87,500.
Trader Daan Crypto Trades called it “not the worst weekly candle in the end.” He said Bitcoin is still sitting in a major support and resistance zone. He expects a decisive move soon, as broader markets look volatile.
$BTC Not the worst weekly candle in the end. Still trading at the big support & resistance area.
Do think we'll see a decisive move here pretty soon, especially since markets in general are pretty volatile and are looking for a bigger move soon. pic.twitter.com/2TvV6yYzqp
— Daan Crypto Trades (@DaanCrypto) October 19, 2026
On the hourly chart, BTC got rejected right at $83K and slipped back toward $81.7K. That is a tight range, and the sell wall is doing its job for now. Bulls need a clean push through $83,000 to open the way to $84,000. Watch the $80,000 floor next, since a break there puts $76,000 in play.
US-Iran Talks and Whale Activity
CoinGape cited Al-Araby Al-Jadeed, which reported that a US-Iran deal could be announced this week. Neither government has confirmed an agreement. The sides remain split on sanctions, maritime limits and Iran’s nuclear work.
Brent crude fell toward $108 a barrel on Monday, and WTI traded near $101. Bitcoin would need to gain about 9.1% from $82,500 to reach $90,000.
Analyst Ali Charts looked at Bitcoin’s month after past US midterm elections. It rose 30.91% in 2010 and 6.61% in 2014. It fell 47.13% after 2018 and 18.15% after 2022. This year’s midterms are on November 3.
BITCOIN POST U.S. MIDTERM ELECTIONS
Bitcoin’s performance in the month following U.S. midterm elections has been mixed:
• 2010: +30.91%
• 2014: +6.61%
• 2018: -47.13%
• 2022: -18.15%Interestingly, the pattern shifted after 2014, with $BTC delivering negative returns… https://t.co/u7pxFLuxYH pic.twitter.com/mX2ATToNqR
— Ali Charts (@alicharts) October 18, 2026
CryptoQuant data showed whales are less active. The Binance whale ratio fell to 0.45 from 0.54 at the start of October. Strategy chairman Michael Saylor said Bitcoin has entered another bull market and predicted a move above $100,000.
US Bitcoin ETFs drew $527 million, their biggest inflow since September. Strive bought $335 million in Bitcoin, lifting its holdings to 36,818 BTC.
