Galaxy Digital's Alex Thorn believes Bitcoin's bear market ended in June, marking the start of an accumulation phase. Bitcoin has stayed above its 50-week moving average for five weeks and never dropped below its realized value during this bear market, a first in its history. Factors like $40 trillion in U.S. federal debt and rising Treasury yields support Bitcoin's appeal as an alternative asset. Despite recent volatility and higher interest rates, Thorn sees Bitcoin potentially reaching $125,000, with a key risk being a sustained drop below the 50-week average.
Bitcoin trades at Rp1.447.437.116 on Pluang as of Oct 26, 2026 20:21 WIB, with a slight 0.36% decrease over the past day. The platform shows strong buying interest, with 78% of order activity favoring purchases and a typical hold time of 112 days. This steady demand aligns with the article's view of an accumulation phase following the bear market's end in June.
Bitcoin's price is currently around $80,000, well below many Wall Street forecasts of $150,000 or more for the end of 2026. Major banks like Citi and Standard Chartered have quietly lowered their year-end targets, with Citi cutting its 12-month targe...
Bitcoin's price is struggling around $80,274, facing strong resistance between $80,500 and $80,900, with nine moving averages favoring sellers. Bulls must reclaim $80,900 to push toward $81,500 and $82,000, while a drop below the critical $79,146 swi...
Doodles (DOOD) saw a significant price increase of over 50%, topping the trending token list in Korea and ranking second globally. Bitcoin (BTC) remained the most viewed token globally but experienced a slight 0.19% price drop, trading at $80,204.08....
Bitcoin dropped below the critical $80,000 level twice within 48 hours, triggering nearly $400 million in liquidations. The decline is linked to pressure on tech stocks and shrinking liquidity in the crypto market, with stablecoin supply contracting....
Traders on the decentralized platform Derive are heavily buying Bitcoin call options with strike prices between $80,000 and $90,000, anticipating a price rise around the US midterm elections in early November. Additionally, there is growing interest ...
