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Bitcoin may reach $90,000 by 2026 but faces short-term dips due to institutional profit-taking and market strategies.

Market News
04 Nov 2026, 00:24 WIB
Tokenpost
View Source
Neutral
Bitcoin may reach $90,000 by 2026 but faces short-term dips due to institutional profit-taking and market strategies.

Bitcoin's sharp rallies have become less frequent due to institutional call-option selling and profit-taking by large holders, yet a price of $90,000 by the end of 2026 is projected. Market sensitivity to Wall Street strategies and macroeconomic news, including Federal Reserve decisions, influences Bitcoin's price movements. Institutional investors and sovereign wealth funds are potential buyers, but some ETF inflows may be hedges rather than outright purchases. Bitcoin is also expected to outperform Ethereum, partly because Ethereum's network activity doesn't directly benefit token holders financially.

Following the discussion on Bitcoin's price dynamics influenced by institutional trading strategies, Bitcoin on Pluang trades at Rp1.413.032.909 with a 1-day gain of 1.36% as of Nov 04, 2026 05:41 WIB. Ethereum also shows positive movement, priced at Rp41.563.898 with a 1-day increase of 1.78%. Pluang users currently show a buying preference for both assets, with 58% of Bitcoin orders and 61% of Ethereum orders on the buy side.

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