Bitcoin's price surged in a five-wave pattern from the July low, peaking at $87,336 on September 21. This rally confirms the end of the bear market and the start of a new bull cycle. However, Bitcoin has since declined to around $80,368, signaling the start of a larger correction phase (Wave-2) that could push prices down toward $70,000 before the next major upward move begins. The overall bullish trend remains intact, with expectations for new all-time highs after this correction.
Bitcoin price outlook is discussed with a recent peak at $87,336 and a correction phase underway. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Oct 14, 2026 02:03 WIB: out of 50 major cryptocurrencies, 19 rose and 30 fell today. Notable movers include THETA at Rp3.688 with a 1-day change of -4.21% and a typical hold time on Pluang of 77 days, ZIL at Rp61 with -4.07% change and 133 days hold time, and COMP at Rp411.179 with -3.61% change and 98 days hold time.
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