A technical analysis projects Bitcoin could reach between $160,000 and $180,000 by early September 2029, potentially more than doubling from its current price around $83,280. This forecast is based on historical cycle peaks and a rising trendline dating back to 2017, with an expected profit-taking zone in that range. However, near-term price action remains weak, and broader market factors like interest rates and risk appetite could impact the timeline. Analysts caution that future rallies may be limited due to Bitcoin's growing market size and institutional involvement, which could reduce the outsized gains seen in earlier cycles.
Bitcoin trades at Rp1.489.261.398 on Pluang as of Oct 13, 2026, 19:02 WIB, showing a modest 0.04% gain in the past day. The platform sees balanced order activity with 50% selling and 50% buying, and typical hold times of 111 days. This steady trading environment contrasts with the article's projection of a significant price surge to $160,000-$180,000 by 2029, highlighting current market stability amid long-term speculation.
Bitcoin dropped about 7% last week, falling from around $87,000 to near $83,000, pressured by weak altcoins, $65.4 million outflows from US spot Bitcoin ETFs, and rising Treasury yields. Major altcoins like Solana, Dogecoin, and Ether also saw signif...
Bitcoin's performance in October has slowed significantly, posting a return of -0.11%, which is far below its historical October average of +18.49%. The cryptocurrency has also seen a decline in its quarterly return to -0.11%, much lower than the typ...
Stacks' native token STX has surged over 50% in the past four weeks, outperforming major cryptocurrencies like Bitcoin and Ethereum. This rally is attributed to Stacks' innovative non-custodial Bitcoin staking system, which allows BTC holders to earn...
On October 13, at least 73 large accounts increased their long positions on Hyperliquid by over $1 million each, raising total estimated exposure by about $292 million. Bitcoin and Ether made up roughly 78.55% of this increase, with the rest spread a...
Open interest in perpetual futures for five major cryptocurrencies declined over 24 hours, led by Dogecoin (DOGE) which fell 13.69% to $208 million. Bitcoin (BTC) saw the highest funding rate at 8.6% annualized, indicating traders with long positions...
