Michael Terpin, a veteran crypto investor, predicts Bitcoin's price bottom will occur in October 2026 near the 200-week moving average of about $57,000, following the 2025 cycle top which he believes is already behind us. He bases this on historical four-year Bitcoin cycles where tops and bottoms occur roughly a year apart, with the recent peak in 2025 followed by a 'Bitcoin fall' phase. Despite some bullish voices expecting a run to $215,000, Terpin sees the current cycle as a bear market underway, influenced by macroeconomic headwinds and delayed crypto regulations. Some analysts agree with a bottom in late 2026 around $60K-$75K, while others argue institutional buying could lead to a recovery earlier or higher prices. Terpin advises holding cash until clear market panic signals a good buying opportunity.
Target reported stronger-than-expected Q2 results with sales up 5.3% to $26.54 billion and adjusted EPS rising 20% excluding tariff refunds. Digital sales grew 8.7%, driven by same-day delivery, and all core merchandise categories saw sales increases...
ReElement Technologies, partly owned by American Resources Corp, has obtained a Minor Source air permit for its Marion, Indiana Supersite, allowing all planned production lines to operate. This permit is a key step before the facility can begin equip...
Jefferies maintains a 'buy' rating on Diageo with a 2,200p price target, signaling about 30% upside from current levels. The latest annual report reveals a strategic shift from focusing on single brands like Guinness to a broader portfolio approach, ...
Acadia Healthcare (ACHC) is rated a BUY due to its robust capacity expansion pipeline and the increasing demand for mental health services in the US. As the largest independent behavioral healthcare provider with 279 facilities and 12,600 beds, ACHC ...
TD Cowen reaffirmed its Buy rating on Broadcom with a $500 price target, signaling a 31% upside from recent prices. The optimism is driven by Broadcom's expanding role in AI chip infrastructure and expected AI semiconductor revenue surpassing $100 bi...
