Bitcoin Price at $81K: Will BTC Crash to $75K or Rally to $100K?

Key Insights Bitcoin (BTC) price tested $81,500 support after rejection near $84,800, raising downside risks. U.S. spot Bitcoin ETFs recorded $635.6 million in withdrawals on Oct. 22, reversing three inflow sessions. Analysts outlined downside targets near $75,000 and potential recoveries toward $90,500 and $100,000. Bitcoin price hovered near $81,700 on Oct. 23 after another failed attempt to sustain higher levels. CoinMarketCap data placed the asset near the $81,500 support that several chart analysts had identified. Their assessments split between another decline toward $75,000 and a recovery toward $90,500 or higher for the BTC crypto price. The debate sharpened after U.S. spot Bitcoin exchange-traded funds recorded $635.6 million in net withdrawals Thursday. Farside Investors showed the reversal followed three consecutive sessions of positive flows.

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