Bitcoin has risen nearly 47% from its July low of $57,800 to around $86,000, yet Binance Research warns the current cycle bottom remains unconfirmed based on historical patterns. Their study found that rebounds of this size often fail if they occur before a deeper drawdown is complete, with four out of five similar past rebounds eventually breaking lower. Adjusted for lower volatility today, Bitcoin's 54.2% drawdown is comparable in severity to previous bear markets. The price recovery is supported by softer U.S. jobs data reducing expectations for a Fed rate hike, but resistance near $87,000 remains. Institutional demand and October seasonality may provide further support, though these factors offer no guarantees on price direction.
Bitcoin trades at Rp1.541.500.000 on Pluang as of Oct 05, 2026 17:22 WIB, showing a modest 1.17% gain in the last day. The platform records a strong buying interest with 84% of orders favoring purchases. Typical hold time for Bitcoin investors on Pluang is 111 days, indicating a medium-term commitment despite recent price volatility.
Bitcoin fell below $85,500 on Monday after briefly reaching $87,000, then stabilized around $86,000. Cardano's ADA surged nearly 11% within 24 hours, hitting $0.27. Other cryptocurrencies like Ether, XRP, NEAR, Dogecoin, and FET also saw gains, contr...
US spot Bitcoin ETFs attracted $241.1 million in net inflows last week, marking their third consecutive week of gains and lifting total inflows since launch to $57.8 billion. In contrast, Ether ETFs experienced $138 million in net outflows after a st...
Bitcoin briefly touched $87,000 but remained below its 2026 opening price of $87,570, closing the week at $86,532 on Bitstamp. Investors are closely monitoring the Federal Reserve's minutes from its September meeting, due on October 7, for clues on f...
Cardano surged 11% to $0.2730, leading altcoin gains while Bitcoin held steady with a 1.3% rise at $86,217. Despite a 1.6% dip in overall crypto market cap to $2.92 trillion, Cardano's strong performance highlights growing investor interest in altcoi...
Bitcoin's 50-, 100-, and 200-day moving averages are close to forming a fully bullish alignment for the first time since 2025, indicating sustained recovery after a 40% price rise in Q3 to $87,000. This alignment, where the 50-day average is above th...
