Galaxy Digital's research indicates the Bitcoin bear market ended in June 2026, with Bitcoin now in an accumulation phase that historically precedes price advances. Key technical indicators like the 200-week and 50-week moving averages support this view, and market positioning suggests sellers have mostly exited. Additionally, sentiment has shifted towards blockchain technology over Bitcoin itself, a pattern that in past cycles preceded significant Bitcoin price gains. This analysis suggests Bitcoin could be poised for a notable price increase in the medium term.
While Galaxy Digital highlights Bitcoin's accumulation phase post-bear market in June 2026, on Pluang as of Oct 27, 2026 07:51 WIB, Bitcoin trades at Rp1.450.120.282 with a modest 0.16% gain over the past day. Despite this slight uptick, sell orders dominate at 73% compared to 27% buy activity, suggesting cautious sentiment among users. Bitcoin's circulating supply is near maximum at 96%, which contrasts with the relatively low daily price movement, reflecting a potentially steady phase before any significant surge.
Bitcoin is trading close to the key $80,000 mark, showing cautious investor sentiment ahead of the US Federal Reserve's upcoming interest rate decision. The cryptocurrency recently dipped to its lowest level since September but found support near $79...
Bitcoin may be approaching a local bottom as about 30,000 smaller wallets have disappeared since mid-October, indicating retail investors are exiting positions amid stagnant prices. This decline in wallet participation is seen as a contrarian signal ...
Ethena (ENA) surged 8.66% in the past 24 hours, outperforming Bitcoin's modest 0.16% gain and the broader altcoin sector's 0.40% rise. Despite a recent downtrend in spot demand, positive funding rates and increased open interest suggest bullish marke...
Bitway (BTW) experienced a sharp 30.31% drop to $1.14, marking the steepest 24-hour decline among the 89 largest cryptocurrencies excluding stablecoins. Other notable decliners included Rain (down 5.04%) and Gram (down 3.10%). On the upside, Quant le...
Ethereum's price dropped to around $2,308, closing below its 200-day moving average of $2,329 for the fourth consecutive day, signaling a weak market trend. This decline is driven by investor caution ahead of the US Federal Reserve's rate decision on...
