Veteran trader Peter Brandt predicts Bitcoin will bottom between $40,000 and $50,000 by early October 2026 before starting a multiyear rally that could push it above $250,000 by late summer 2029. Brandt bases this on a historical cycle pattern he calls the "banana model" and expects retail investors to capitulate before the bottom forms. Despite short-term bearishness, he remains bullish long-term, viewing Bitcoin as a superior store of value alongside gold. He also pushed back the timeline for Bitcoin reaching $1 million to 2031 or 2032, citing quantum computing as a bigger long-term risk than regulatory changes.
Bitcoin has rebounded about 15% from early July lows, climbing above $66,600 for the first time in over a month. Analysts from Bitfinex identify $68,000 as a crucial resistance level where many recent buyers might sell, potentially stalling the rally...
Russia's State Duma has passed a law recognizing major cryptocurrencies like Bitcoin, Ethereum, and XRP as legal property, allowing their use in commercial and cross-border transactions. Retail investors face an annual purchase cap of 300,000 rubles ...
Ethereum has surpassed the 10% threshold of total crypto market capitalization, marking its strongest weekly gain among the top cryptocurrencies with nearly a 9% increase. This surge outperformed Bitcoin and other major assets, driven by significant ...
Bitcoin shows signs of potential volatility as realized profits near $65k and spot demand weakens, raising risks of a sharp price drop. Despite this, whales have accumulated over 66,000 BTC during recent price dips, signaling strong conviction and a ...
President Donald Trump finalized a US crypto clarity bill aimed at defining regulatory boundaries for digital assets, coinciding with continued strong inflows into Bitcoin and Ethereum spot ETFs, reflecting sustained institutional interest. The bill ...
