Investment
Features
FeesSafety
Academy
More
Pluang+

Bitcoin likely to trade sideways before a major breakout, analyst predicts a near-term bottom.

Analyst Insights
10 Jun 2026
The Daily Hodl
View Source
Bullish
Bitcoin likely to trade sideways before a major breakout, analyst predicts a near-term bottom.

An analyst who accurately predicted Bitcoin's 2025 peak suggests BTC will likely consolidate sideways for the next few months before a significant upward trend. Historical patterns show Bitcoin tends to range and consolidate in bear markets rather than recover sharply. The analyst points to Bitcoin's supply in profit metrics indicating a bottom is near, with BTC potentially reaching around $52,000 before rallying. Current price is about $61,557, down slightly on the day.

More News (BTC)

Altcoin futures open interest surpasses Bitcoin for first time since 2024, led by Zcash surge.

Altcoin futures open interest surpasses Bitcoin for first time since 2024, led by Zcash surge.

Open interest in altcoin perpetual futures exceeded Bitcoin's on September 6, 2026, marking the first time since December 2024. This shift is driven by strong gains in mid-cap altcoins like Zcash, whose open interest hit a record $2.4 billion as its ...

Market News
Neutral
4 hours ago
Cryptocurrency prices show mixed movements with Bitcoin near $79,400 and notable gains in some altcoins.

Cryptocurrency prices show mixed movements with Bitcoin near $79,400 and notable gains in some altcoins.

Cryptocurrency markets display varied price changes, with Bitcoin trading around $79,394, slightly down by 0.68%. Ethereum and Binance Coin also dipped modestly, while some altcoins like LINK, TAO, and KAS saw significant gains, rising over 10%. Thes...

Market News
Bearish
5 hours ago
Bitcoin holds near $80K as U.S. spot Bitcoin ETFs draw nearly $1B in inflows last week.

Bitcoin holds near $80K as U.S. spot Bitcoin ETFs draw nearly $1B in inflows last week.

Bitcoin is trading close to $80,000 after briefly surpassing $82,000 earlier this month, supported by strong demand from U.S. spot Bitcoin ETFs which recorded nearly $1 billion in inflows last week, extending a three-week streak totaling about $3.8 b...

Market News
Bullish
5 hours ago
Bitcoin hovers near $80K amid uncertainty over Fed and ECB rate hikes in September.

Bitcoin hovers near $80K amid uncertainty over Fed and ECB rate hikes in September.

Bitcoin's price fluctuated around $79,600 as markets await the Federal Reserve's September 16 decision, with the probability of a rate hike at about 50% after cautious Fed signals. The European Central Bank may also raise rates mid-September due to r...

Market News
Neutral
6 hours ago
Cryptocurrency prices show mixed movements with Bitcoin near $79K and notable gains in LINK and TAO.

Cryptocurrency prices show mixed movements with Bitcoin near $79K and notable gains in LINK and TAO.

Cryptocurrency markets display varied price changes, with Bitcoin trading around $79,322, slightly down by 0.7%. Ethereum and Binance Coin also dipped modestly, while some altcoins like LINK (+8.79%), TAO (+13.02%), and ICP (+12.70%) saw significant ...

Market News
Neutral
6 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App