Fidelity's Jurrien Timmer predicts Bitcoin could reach $100,000 in the near term and potentially $300,000 by 2029, based on a long-term valuation model. Bitcoin recently recovered to around $82,000 but must surpass $86,000 resistance to strengthen its bullish outlook. Institutional demand, especially from Bitcoin ETFs, and Federal Reserve policies will influence Bitcoin's price trajectory. While the forecast is optimistic, it depends on Bitcoin maintaining key support levels and overcoming market challenges.
Bitcoin trades at Rp1.479.384.989 on Pluang as of Oct 16, 2026, 19:02 WIB, showing a 2.05% gain in one day. The market cap stands at Rp29.935,45 trillion with a 24-hour volume of Rp575,71 trillion. Pluang users currently favor buying, with 62% of orders as buys and a typical hold time of 111 days, indicating steady interest amid price movements.
Crypto markets saw a rebound with Bitcoin around $82.7K and Ethereum up 4%, despite recent hot Producer Price Index data. Key developments include MSCI's new index rules risking Strategy's removal, Binance US seeking $100M at a $1B valuation, and Sol...
Midnight (NIGHT) cryptocurrency has fallen 12% this week amid inflation-driven market weakness but found support at $0.041, a crucial short-term level. If this support holds and the broader market stabilizes, NIGHT could rebound by up to 26%. However...
On South Korea's largest crypto exchange, Upbit, XRP's trading volume in KRW surpassed Bitcoin and Ethereum for two consecutive days, reaching $145.57 million on October 15, 2026. This surge followed regulatory actions blocking offshore exchanges, pu...
On October 16, the share of long positions in Ether USD-margined futures fell significantly, while Dogecoin's long positions in USD-margined futures rose to 75.81%, up nearly 6 points from the previous day. Other cryptocurrencies like XRP, Ether (coi...
Prediction markets show XRP's probability of reaching $2 by year-end surged to 34%, up 16 points in one day. Bitcoin's chance of surpassing $100,000 by year-end is 25%, slightly down by 1 point, with a 39% chance to hit $87,500 by October's end. Ethe...
