A trading analyst predicts Bitcoin may reach $106,000 by late August 2027, based on a bullish cup and handle chart pattern forming since 2021. Currently trading near $79,500, Bitcoin's price could rise about 33% if it breaks above the critical 50-week moving average, confirming the pattern. The analyst suggests a possible pullback to the 200-week moving average before the rally resumes. Another expert sees Bitcoin consolidating healthily with key resistance at $82,850, indicating a potential breakout soon. Both analyses highlight that Bitcoin remains in a consolidation phase, but breaking key resistance levels could trigger a strong upward move.
Bitcoin's price fell from a high of $80,537 to trade between $79,013 and $80,537 on September 7, 2026, showing short-term weakness but maintaining a constructive daily uptrend. The key support level at $79,013 is critical for bulls to defend, while r...
Senator Cynthia Lummis warned that failure to pass the Clarity Act this term could delay meaningful cryptocurrency market legislation until 2030, impacting investment and regulatory clarity. Meanwhile, XRP maintains a stable price around $1.40 suppor...
Open interest in altcoin perpetual futures exceeded Bitcoin's on September 6, 2026, marking the first time since December 2024. This shift is driven by strong gains in mid-cap altcoins like Zcash, whose open interest hit a record $2.4 billion as its ...
Cryptocurrency markets display varied price changes, with Bitcoin trading around $79,394, slightly down by 0.68%. Ethereum and Binance Coin also dipped modestly, while some altcoins like LINK, TAO, and KAS saw significant gains, rising over 10%. Thes...
Bitcoin is trading close to $80,000 after briefly surpassing $82,000 earlier this month, supported by strong demand from U.S. spot Bitcoin ETFs which recorded nearly $1 billion in inflows last week, extending a three-week streak totaling about $3.8 b...
