Bitcoin is testing a key resistance level around $80,554, which could confirm a bullish double bottom pattern signaling a potential rise to $100,000, according to Jurrien Timmer, Fidelity's global macroeconomics director. Timmer's analysis shows Bitcoin's price has formed two bottoms near $60,000 and is now approaching this critical resistance. A breakout above $80,554 could lead to a technical target of around $103,400. Meanwhile, US spot Bitcoin ETFs have seen strong inflows, indicating solid demand, although prediction markets remain cautious about short-term price jumps. The $80,000 level remains crucial in the coming weeks for Bitcoin's price direction.
Bitcoin's price action near $80,000 provides context for the broader cryptocurrency market on Pluang. For readers following crypto assets, here is Pluang's market snapshot as of Sep 28, 2026 02:02 WIB: out of 50 major cryptocurrencies priced on Pluang, 29 rose and 20 fell today. Notable movers include BAL (Balancer) at Rp16.297 with a 1-day change of +11.14%, GRT (The Graph) at Rp551 with +10.70%, and EOS (EOS.IO) at Rp12.649 with +8.13%.
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