Investment
Features
FeesSafety
Academy
More
Pluang+

Bitcoin could hit $175,000 in 12 months as miner selling eases and spot ETF inflows grow.

Market News
16 Oct 2026
Tokenpost
View Source
Bullish
Bitcoin could hit $175,000 in 12 months as miner selling eases and spot ETF inflows grow.

Bitcoin's price may reach $175,000 within the next year, driven by reduced selling pressure from miners, steady inflows into spot ETFs, and increased stablecoin adoption. Supply pressure has eased as miners receive fewer new coins post-halving and can raise funds without selling Bitcoin. Exchanges have become safer and more transparent since 2022, while digital asset treasury companies and crypto lenders show improved financial stability. The introduction of spot ETFs has broadened Bitcoin's investor base, making capital more stable. Additionally, upcoming regulations and stablecoin growth could further boost Bitcoin and the broader crypto market.

Bitcoin price projections are drawing attention as ETFs, tighter supply, and stablecoins drive demand. For readers following the broader cryptocurrency market, here is Pluang's market snapshot as of Oct 17, 2026 04:51 WIB: Among 50 major cryptocurrencies priced on Pluang, 10 rose and 39 fell today. Litecoin (LTC) traded at Rp1.062.900 with a 1-day change of -2.37% and a typical hold time of 78 days, Decentraland (MANA) at Rp1.584 with -2.34% change and 156 days hold time, and Cardano (ADA) at Rp4.043 with -2.32% change and 127 days hold time. Pluang order activity showed LTC at 49% Sell / 51% Buy, MANA at 16% Sell / 84% Buy, and ADA at 14% Sell / 86% Buy.

More News

Changan strengthens European presence with new partnerships and local service launch

Changan strengthens European presence with new partnerships and local service launch

Changan Automobile announced new partnerships covering seven European markets and launched its "with U" service program at Mondial de l’Auto 2026. This marks a shift from market entry to building a local ecosystem including manufacturing, sales, serv...

Market News
Bullish
51 minutes ago
Changan signs European partnerships and launches local service program to boost market presence

Changan signs European partnerships and launches local service program to boost market presence

At the 2026 Mondial de l’Auto, Changan Automobile signed letters of intent with eight companies across seven European markets and launched its "with U" service program. This marks a strategic move to build a strong local ecosystem combining manufactu...

Market News
Bullish
51 minutes ago
Northland Power sets Q3 2026 earnings release for Nov 12 with a call on Nov 13

Northland Power sets Q3 2026 earnings release for Nov 12 with a call on Nov 13

Northland Power Inc. announced it will release its third quarter 2026 financial results after market close on November 12, 2026. The company will host an earnings call and webcast on November 13 at 9:00 a.m. ET, providing investors an opportunity to ...

Company Fundamentals
Neutral
1 hour ago
Daily leveraged ETFs plunge over 20% amid sharp losses in underlying stocks

Daily leveraged ETFs plunge over 20% amid sharp losses in underlying stocks

Several daily leveraged ETFs tied to tech and crypto-related stocks dropped sharply, with declines over 20%. Notable falls include GraniteShares 2x Long NBIS Daily ETF down 24.5% and Leverage Shares 2x Long CRWV Daily ETF down 23.9%. These ETFs aim t...

Market News
Bearish
1 hour ago
Biotech IPOs and inverse ETFs lead market gains with strong debut and leveraged moves.

Biotech IPOs and inverse ETFs lead market gains with strong debut and leveraged moves.

Recent biotech IPOs Iambic Therapeutics and City Therapeutics saw significant price jumps, rising 25.9% and 22.2% respectively after their market debuts, raising substantial capital. Inverse leveraged ETFs SMCZ and SMST also gained sharply as their u...

Market News
Bullish
1 hour ago
banner-footerbanner-footer

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