Investment
Features
FeesSafety
Academy
More
Pluang+

Bitcoin trades above $83K with potential to reach $185K-$215K based on market cycle analysis.

Market News
30 Sep 2026
Tokenpost
View Source
Bullish
Bitcoin trades above $83K with potential to reach $185K-$215K based on market cycle analysis.

Bitcoin recently traded above $83,000 after surpassing key levels like its 21-week moving average and March 2024 high. Despite a recent 4% weekly drop, it remains up over 7% monthly and posted a strong 42.22% gain in Q3, its best since 2017. Market data shows significant inflows into Bitcoin ETFs, indicating strong investor interest. A cost-basis framework suggests Bitcoin could reach between $185,000 and $215,000 in this cycle, though timing is uncertain and depends on market conditions such as U.S. dollar strength and Federal Reserve policies.

Bitcoin's recent trading surge above $83,000 is notable context for readers following the cryptocurrency. For readers following Bitcoin, here is Pluang's market snapshot as of Sep 30, 2026 15:51 WIB: out of 50 major cryptocurrencies priced on Pluang, 15 rose and 34 fell today. Among selected movers, AAVE was priced at Rp2.862.873 with a 1-day change of -3.63% and a typical hold time of 105 days, showing 97% sell activity; EGLD stood at Rp80.024 with a -3.49% change and 63% buy activity; ADA was at Rp4.371 with a -3.36% change and 61% buy activity.

More News

Ethereum slips near $2,680 amid U.S. inflation data wait, high Treasury yields, and U.S.-Iran tensions.

Ethereum slips near $2,680 amid U.S. inflation data wait, high Treasury yields, and U.S.-Iran tensions.

Ethereum's price dropped toward $2,680 as traders awaited key U.S. inflation and employment data, while elevated Treasury yields and ongoing U.S.-Iran geopolitical tensions pressured risk assets. Spot Ethereum ETFs saw $2.81 million outflows, ending ...

Technical Signals
Neutral
4 hours ago
SpaceX short selling hits two-week high amid stock resistance at $150

SpaceX short selling hits two-week high amid stock resistance at $150

Short selling of SpaceX stock reached a two-week peak on September 29, with the short volume ratio hitting 59.50, indicating increased bearish bets despite the stock holding steady near $149.24. The stock has faced resistance around the $150 mark sin...

Technical Signals
Neutral
4 hours ago
Standard Chartered sets $2 target for Ethena (ENA) by 2028, citing buyback and stablecoin strength

Standard Chartered sets $2 target for Ethena (ENA) by 2028, citing buyback and stablecoin strength

Standard Chartered initiated coverage of Ethena (ENA) with a price target of $2 by the end of 2028. The bank highlighted Ethena's buyback program and its significant role in perpetual contracts, tokenization, and stablecoins, noting it as the fourth-...

Analyst Insights
Bullish
4 hours ago
Bitcoin dips below $83K amid US inflation worries and profit-taking signals a possible correction.

Bitcoin dips below $83K amid US inflation worries and profit-taking signals a possible correction.

Bitcoin fell to an intraday low of $82,775.94, down 3.33% over the past week, as US economic data raised concerns about inflation and interest rates. Despite still being in a bull market, onchain analytics firm CryptoQuant warns of a potential correc...

Market News
Bearish
4 hours ago
Ethereum struggles at $2,800 amid ETF outflows but optimism remains for a $10K target by year-end.

Ethereum struggles at $2,800 amid ETF outflows but optimism remains for a $10K target by year-end.

Ethereum has been trading above $2,500 but faces resistance at $2,800 while consolidating in a triangle pattern due to weakening ETF inflows. Spot Ethereum ETF inflows turned negative recently after attracting over $850 million earlier, impacting pri...

Market News
Bullish
4 hours ago
banner-footerbanner-footer

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