I/O Fund's lead analyst Beth Kindig predicts another significant Bitcoin price drop in the coming months, although the firm maintains a long-term target of $2 million without a set timeline. Two possible paths for this decline were outlined: one where Bitcoin falls below $70,315 and then $62,450, potentially dropping toward $30,000; another where it holds $62,450, rises to $105,000–$117,925, then falls toward $40,000–$30,000. These scenarios depend on future price movements and broader economic factors like dollar strength, Treasury yields, and expected Federal Reserve rate hikes. A break above $126,300 would indicate an early end to the bear market, according to the fund's technical portfolio manager Knox Ridley.
Bitcoin trades at Rp1.344.129.446 on Pluang as of Nov 09, 2026 15:41 WIB, down 2.07% in the past day. The platform shows a market cap of Rp26.967,9 trillion and a 24-hour trading volume of Rp435,68 trillion. This activity level and recent price movement provide a snapshot of Bitcoin's current market dynamics amid the price scenarios discussed by analysts.
On November 7, Pump.fun (PUMP) was the worst-performing cryptocurrency among the top 90 non-stablecoins, falling 9.74% to $0.00365. This continued its trend as it also led losses in mid-October. Meanwhile, Quant (QNT) was the strongest gainer, rising...
Bitcoin fell below $75,000 and Ethereum dropped near $2,100 due to concerns over stricter US crypto regulations following Democratic election wins, the $6.34 billion Binance hack, and significant institutional ETF withdrawals totaling $530 million. T...
Bitcoin and Ethereum prices fell significantly over the weekend, with Bitcoin dipping to around $73,708 and Ethereum dropping toward $2,120. The Crypto Fear and Greed Index indicates heightened fear among investors, driven by regulatory uncertainty, ...
On Nov. 7, XRP recorded the highest funding rate among five major cryptocurrencies at 0.0100% every eight hours, equivalent to 10.9% annualized, with a mark price of $1.17 and open interest of $391.2 million. Bitcoin was the only crypto with a negati...
Bitcoin has been trading within a range of $60,000 to $87,000 over the past year, currently near the midpoint of $73,000. If Bitcoin falls below $60,000, the lower boundary of this range will be closely watched. Meanwhile, Ether has broken below a ke...
