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Bitcoin Price Analysis: BTC Eyes $87K

Bitcoin rebounded above $83,000 after falling below $81,000 during Asian trading on October 13. The four-hour Bybit chart showed BTC near $83,815 after rebounding from $81,263 and reclaiming the $82,539 weekly range low. CoinGlass data highlights approximately $43 million in reported unfilled Bitcoin buy orders clustered between $74,700 and $80,000. This concentration indicates potential buying interest below current market prices, placing the region in focus as a possible demand zone.

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