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Bitcoin (BTC) Ends a Third Straight Week Lower, Holding Near $80,000

Bitcoin (BTC) closed a third straight weekly decline near $80,000, while Memecore rose 44%, Ethena 8% and Zcash 7% in the same week.

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October 26, 2026, 07:21 PM UTC5 min read
AI SummaryAI
  • Bitcoin closed a third consecutive weekly decline, trading around $80,000 through Sunday, October 25.
  • Memecore gained roughly 44% over the week, the largest move among the tokens reviewed.
  • Ethena added about 8% and Zcash about 7% over the same week.
  • Grayscale's Zcash investment product recorded about $41.1 million in weekly inflows.
binance.com

Bitcoin Closes a Third Red Week

The week that ended on Sunday, October 25 handed Bitcoin (BTC) its third consecutive weekly decline, with the Bitcoin (BTC) price pinned near $80,000 for most of the stretch. The token last changed hands at $79,959 at 19:24 UTC on Monday, 0.2% below where it stood when the weekly market review was published, and down 0.7% across the previous 24 hours. Three red weekly candles now sit in a row, each closing below the one before it, and no week since the slide started has printed a gain.

The week's action was not uniform, and that divergence gave the weekly review its angle. While the leading asset drifted lower, three smaller names moved the other way. Memecore (M) advanced roughly 44% over the seven sessions, by far the largest move among the tokens covered. Ethena (ENA) added about 8%, and Zcash (ZEC) climbed close to 7%. When the analysis was compiled, Memecore changed hands at $0.97, Ethena at $0.205 and Zcash at $1,228; the review noted that its prices and percentage moves described its moment of publication, not Monday's session.

What connected the three gainers, and what separated them from one another, was the structure beneath the green prints. The weekly work assessed price, trade flow and technical baselines for each token and found no shared rhythm: volume behavior and chart reference points diverged even as the returns pointed the same way. For the Bitcoin market, the picture reads as dispersion, a leader fading sideways to lower while selected altcoin moves carry genuine momentum. A third straight weekly loss carries weight on its own: sellers have controlled every weekly close for 21 days, and dip buyers have yet to produce a counter-week strong enough to break the sequence. Whether a fourth red week follows, or the $80,000 neighborhood finally acts as a floor, is the question the coming sessions must answer.

The range those weekly closes have built is unusually well defined. Our composite support and resistance scoring grades the $78,124.61 floor at 96/100 and the $81,208.83 ceiling at 88, with spot at $79,959 sitting in the gap between the two. Positioning stays light: perp funding runs at 0.0071% and open interest near $15.86 billion, with the long/short account ratio at 2.33, a lean that leaves accounts content to HODL through the range rather than chase a break. The sideways verdict has now held for three weekly closes, two and a half years after the most recent Bitcoin halving. A daily close under the stronger floor would test the 96-grade support; a push over the ceiling would end the drift, landing just short of Citi's trimmed $82,000 target. The full ladder sits in our Bitcoin technical analysis.

Memecore, Ethena and Zcash Buck the Slide

Memecore's weekly surge ran into a wall near a dollar. Attempts to clear the round number met sustained selling, and the review set $0.976 as the nearest resistance with $0.75 as the support to defend. Its relative strength index, the gauge of how hard recent price swings have run, recovered to neutral, but the analysis was explicit that the advance survives only if resistance breaks; until then, the 44% move sits inside a longer downtrend the review still regards as intact.

Ethena's path looks different. The token has printed higher lows since August and defended the $0.188 zone repeatedly, including through October's token unlock, a scheduled release of locked supply that often pressures price. The review placed near-term resistance at $0.244. Volume has thinned, and the Bollinger Bands, the channel that maps how far price swings stretch around an average, have narrowed; the review rated the RSI neutral and cautioned that a squeeze in volatility does not by itself choose the next direction. Zcash tells a third version of the same week. The proof-of-work privacy chain's token traded at $1,228 when the analysis was drawn up, with resistance at $1,234 and support at $1,091. Its indicators mirror Ethena's: falling volume, tighter bands, neutral RSI. One flow datapoint stood out: Grayscale's Zcash investment product, a vehicle in the same family as the manager's spot Bitcoin (BTC) ETF, took in about $41.1 million over the week, a figure the review cited as one backdrop to the asset's renewed interest. It paired the number with a caution: inflows alone cannot fix a price direction. None of the three advances, on the review's reading, needed the leader to participate; each token was measured on its own flows and its own levels, with no claim that the strength would lift Bitcoin itself. Bitcoin, for its part, closed a third consecutive red week on Sunday and opened Monday's session at $79,959, with the sideways condition around $80,000 in place for as long as the slide has lasted.

Readers tracking the market in real time can follow live spot and futures prices on Bybit.

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