A trading expert has identified late August 2027 as the likely timeframe for Bitcoin ($BTC) to reach $106,000, citing a long-term bullish chart pattern that has been forming since the 2021 market peak. The forecast is based on a weekly Bitcoin chart shared by TradingView analyst TradingShot, who argued that $BTC’s price action over the
ARK Invest and Glassnode have put a new number on blockchain capture risk: the smallest group of block-production entities needed to cross a protocol-relevant control threshold. Their joint scorecard, published Sept. 1, put the threshold at three entities for Bitcoin and Ethereum and 19 for Solana. The same framework placed Bitcoin first in its composite
Bitcoin ($BTC) sees its first weekly close above $80,000 since early May as clouds gather over the US inflation outlook. Key points: US PPI and CPI inflation numbers are due this week prior to the Fed’s Sept. 16 decision on interest-rate changes. Amid record currency interventions, analysis warns that Japan may not be able to
Changpeng Zhao’s September 5 visit to Kyrgyzstan’s crypto council came as President Sadyr Japarov set a three-month deadline for new regulations and officials discussed the risks posed by international sanctions. The decisions put the limits of domestic crypto policy in focus: approval at home does not ensure access abroad. Zhao, known as CZ, said in
Bitcoin ($BTC) experienced one of its largest deleveraging phases on record and the biggest since 2023 in 2026, per the analysis shared on X by CryptoQuant’s Darkfost early on September 7. Indeed, according to the cryptocurrency expert, the preceding futures-dominated cycle led to a significant reduction in positions backed by borrowed money, with the year’s
Traditional bank accounts are not vanishing just yet, but their role as the sole place where consumers hold and move money is being increasingly challenged by stablecoins and other digital wallets, according to a new report by consulting firm Bain. An indicator of legacy consumer accounts facing growing competition is the fact that banks’ revenue
Bitcoin has experienced sharp fluctuations in the past week. Having started September at around $78,000, BTC surged above $82,000 during the week, reaching its highest level since May. However, it couldn’t maintain these levels and fell back below $80,000. The volatility in Bitcoin is particularly attributed to strong US employment data and expectations that the
Bitcoin has experienced sharp fluctuations in the past week. Having started September at around $78,000, $BTC surged above $82,000 during the week, reaching its highest level since May. However, it couldn’t maintain this level and fell back below $80,000. As of today, with Bitcoin falling below $80,000, data shows that US spot Bitcoin ETFs have
Bitcoin $BTC$79,394.02 may be a better hard asset than gold, according to a correlation study. Both have been rising recently, just as concerns about the fiscal health of advanced-economy governments have come to dominate market sentiment, pushing bond yields, or market-implied borrowing costs, higher. As of today, the 90-day correlation coefficient between $BTC and gold’s