Brian Vieten, a senior analyst at Siebert Financial, predicts Bitcoin could rise over 117% to reach $175,000 in the coming quarters, despite its recent drop near $80,000. This bullish outlook is based on a shift in market structure since 2022, with more diversified ownership and increased institutional financing options like banks accepting Bitcoin ETF shares as collateral. However, the forecast faces challenges from recent large ETF outflows and inflation concerns that may keep Federal Reserve rates high, potentially limiting liquidity. The analyst also notes growing stablecoin adoption and miners diversifying into AI as positive factors supporting Bitcoin's long-term demand and price growth.
Bitcoin price prediction is the subject, with a recent price near $80,000. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Oct 15, 2026 20:02 WIB: out of 50 major cryptocurrencies priced on Pluang, only 4 rose while 44 fell. Notable movers include ONE (Harmony) down 6.61% at Rp27 with a typical hold time of 152 days and a near-even buy/sell split, THETA (Theta Network) down 6.49% at Rp3,371 with 100% buy order activity and a 78-day hold, and AAVE (Aave) down 6.41% at Rp2,656,622 with 58% buy orders and a 106-day hold time.
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