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 increased by 1.87% to $82,071 by 9 a.m. ET on October 16, while the overall crypto market capitalization slightly declined by 0.89% to $2.78 trillion. Despite the mixed market, all six major cryptocurrencies gained value in the past 24 hours,...
Raoul Pal, CEO of Real Vision, argues that Ethereum is significantly undervalued because it underpins 70-76% of stablecoins, DeFi, and many real-world asset transactions on-chain. He estimates that an Ethereum outage could erase $1 trillion to $1.5 t...
Celestia (TIA) surged 30.32% to $0.696, topping the crypto gainers among the 90 largest cryptocurrencies by market cap. Other notable gainers include Injective (27.40%), LayerZero (22.16%), Ether.fi (16.28%), and NEAR Protocol (15.64%). Meanwhile, Bi...
Bitcoin's mining difficulty increased by 5.92% to 140.58 trillion, marking its highest level since March 2026 and the third-largest hike this year. This rise reflects more computing power joining the network, pushing the hashrate above 1 zettahash pe...
On October 16, XRP recorded the highest funding rate among five major cryptocurrencies, with an annualized rate of 8.9%, indicating strong demand for long positions. Dogecoin experienced the largest 24-hour increase in open interest, rising 8.49% to ...
