en
Back to the list

Bitcoin Price Forecast: Is a Drop Below $80K Next as Strait of Hormuz Risks Grow?

source-logo  coingape.com 17 October 2026 17:27, UTC
image

Bitcoin price faced renewed pressure on October 17 as inflation concerns, regional tensions, and fund withdrawals weakened market sentiment. $BTC price is still recovering to the all-time lows last month, and is steadily moving toward the psychological mark of $80,000.

Know when your
coins move

Alerts, real-time prices, and market news — all in one app
qr-code Point your phone camera to install
4.8 based on 40K reviews in the App Store and Google Play
coingape.com