Bitcoin's price is holding near a key support level of $79,500 amid a broader market downturn triggered by higher-than-expected Personal Consumption Expenditure (PCE) data. Stock futures and precious metals like gold and silver are falling, pressuring Bitcoin to stay within a descending price channel. While a recent bounce offers some hope, Bitcoin must break above its 50-day moving average to resume an upward rally. A bullish flag pattern on the weekly chart suggests a potential rise toward $90,000 if the breakout occurs, signaling a possible extension of the rally despite current market pressures.
Bitcoin is trading at Rp1.486.000.000 on Pluang with a 1.17% gain as of Oct 29, 2026 22:43 WIB, showing resilience despite the broader market downturn linked to rising PCE inflation data. The platform sees a strong buy interest with 74% of order activity favoring purchases and a typical hold time of 112 days. This steady demand on Pluang contrasts with the pressure Bitcoin faces to break above its 50-day moving average for a potential rally.
Bitcoin (BTC) traded above $81,000 on Binance, reaching $81,291 at 11:05 a.m. ET on October 29. This marks a notable increase from $80,819 just 15 minutes earlier, reflecting a 1.12% gain over the past hour. Bitcoin remains the cryptocurrency with th...
Bitwise has increased its long-term Bitcoin price target to $1.6 million by 2036, citing stronger confidence in BTC as a global store of value. Despite this bullish outlook, Bitcoin currently trades near its 50-day moving average with momentum weaken...
Bitcoin's price hovered around $80,000 despite renewed inflows into Bitcoin ETFs totaling over $423 million in late October. The Federal Reserve's decision to keep interest rates steady but signal possible future hikes has added uncertainty, weighing...
Bitcoin and Solana both experienced small declines in their prices over the past 24 hours. As of 9:11 a.m. ET Thursday, Bitcoin traded at $80,025, down 0.73%, while Solana was priced at $100.52, down 0.78%. These minor drops reflect short-term market...
The crypto market experienced a $342.25 million liquidation event in 24 hours, mainly affecting Bitcoin and XRP longs, following the Federal Reserve's decision to hold interest rates at 3.75–4%. Bitcoin dropped below $80,000 to $79,988, while XRP fel...
