Bitcoin Price Analysis October 8, 2026: BTC Falls Below $83K as Fed Minutes Signal More Rate Hikes
Photo: UseTheBitcoin
Key Takeaways Bitcoin fell below $83,000 on October 8 as Federal Reserve minutes reinforced expectations of another possible interest rate hike. Crypto markets recorded approximately $550 million in long liquidations during the initial sell-off. BTC must reclaim $84,200 to improve short-term momentum, while a drop to $81,000-$82,500 could expose the $78,000-$80,000 support zone. Bitcoin slipped below $83,000 on October 8 after another failed attempt to break through $87,000, with selling pressure intensifying amid rising Treasury yields and renewed uncertainty over US interest rates.
Source: UseTheBitcoin
