An analysis by TradingShot warns that Bitcoin could fall to $61,500 by October 2026 if it breaks a critical higher-lows trendline, following bearish patterns seen before major sell-offs this year. The cryptocurrency has faced repeated rejection at its 50-week moving average, creating bearish momentum similar to past corrections. However, if Bitcoin closes a weekly candle above the 50-week moving average, this bearish outlook would be invalidated. Separately, analyst Michaël van de Poppe highlights a key resistance at $78,000, where a breakout could trigger strength across the crypto market and push Bitcoin toward new highs. Currently, Bitcoin trades around $78,013, showing mixed signals between short-term consolidation and potential for upward movement.
Bitcoin is approaching the critical $80,000 level, which has repeatedly halted its recovery. To sustain a breakout, Bitcoin must surpass the $81,000–$86,000 supply zone where sellers may emerge, with $90,000 as the next major target if it clears $86,...
Cryptocurrency markets display varied price changes, with Bitcoin rising 1.16% to $77,669 and Ethereum increasing 0.83% to $2,514. Other notable gains include XRP up 2.77% and Solana up 1.48%, while some coins like XMR and LUNC see declines. These fl...
Oil prices have surged to nearly $108 following attacks on Saudi energy infrastructure and tensions near the Strait of Hormuz, raising inflation and interest rate worries globally. This rise in oil costs increases transportation and production expens...
Bitcoin, XRP, and Ethereum prices have recovered following the Senate Republicans' release of a revised Clarity Act, which includes significant ethics concessions backed by the White House. This updated 635-page bill addresses over 120 Democratic dem...
Tom Lee, chairman of BitMine Immersion Technologies, believes Ethereum will become the key settlement infrastructure for Wall Street and artificial intelligence, explaining its recent strong performance amid a broader crypto market downturn. He highl...
