Bitcoin recently traded near $76,600 after dipping to around $57,717 in July, aligning with veteran trader Peter Brandt's forecast of $58,000–$62,000, though the timing was off. Brandt initially predicted the price would reach this range within two weeks in January but it took months to materialize during 2026. He later abandoned his bearish outlook after a bullish inverse head-and-shoulders pattern completed, buying the breakout. The rally was supported by $1.92 billion inflows into U.S. spot Bitcoin ETFs and short liquidations, while U.S. Treasury's decision to double long-dated bond buybacks improved market liquidity, boosting Bitcoin and other scarce assets. The key test now is whether Bitcoin can hold above $79,500 and challenge $80,000 next.
Bitcoin's price fell from a high of $79,473 to $75,568 due to short-term selling pressure near the $80,000 psychological barrier, but it maintained support above $75,000. This pullback reflects profit-taking by short-term holders who moved 53,000 BTC...
Shiba Inu (SHIB) has been officially approved as one of only six cryptocurrencies by Japan's Financial Services Agency, marking the end of a four-year freeze on new crypto licenses. This recognition places SHIB alongside major coins like Bitcoin and ...
Bitcoin is trading near $77,000 after a strong rebound, with technical charts indicating a potential pause in its rally. Support around $76,000 is crucial to maintain the current bullish setup, while a deeper pullback to the $63,000-$70,000 range cou...
Bitcoin surged over 20% to $79,500, signaling a potential new bull market as analysts note this is a major volatility-adjusted move not seen since 2018. The rally was supported by Ether and Hyperliquid gains, and was influenced by US Treasury's incre...
Bitcoin has sharply rebounded above $76,000, challenging veteran trader Peter Brandt's earlier bearish prediction of a $58,000 to $62,000 target made in January 2026. The cryptocurrency rose from around $62,679 on August 17 to nearly $80,000 by Augus...
