Bitcoin is up 46% from its July low and could reclaim its all-time high ($ATH) of $126K by Q1 2027. According to Ecoinometrics, historical drawdowns and recoveries suggest Bitcoin could take 60 to 230 days to reclaim its previous $ATH. Assuming the $57.8K low on the 1st of July marked the bottom, the rebound would
Zooming out, Bitcoin’s technical setup looks like a textbook pre-breakout setup. For more than five weeks, $BTC has been consolidating around $85k, while weekly closes continue to form higher highs. The latest weekly wick reached $87k, which means buyers are still defending the higher ground. If this structure holds, Bitcoin could follow its October seasonality,
Bitcoin still has room to climb toward $92,000 or even $97,000, but only if it holds a narrow support band just above $81,000. That is the latest view from an analyst, who says the uptrend that began in July remains intact. Why the outlook is still positive The expert pointed to three signs in Bitcoin’s
India’s central bank has issued yet another warning on separating crypto from the underlying technology. It is a reminder of the RBI’s long-standing skepticism towards private digital assets. Still, it remains bullish on tokenization and distributed ledgers. “The approach of India remains cautious with regard to crypto, considering the ramifications it may have on monetary
Here’s a hypothetical scenario: you want to use $100 out of your bank account to buy newly issued stablecoins. The company issuing the stablecoins takes your dollars, puts them in its own bank account, and gives you a balance you can send around on a blockchain. You got the product you wanted, and somewhere in
Traders scanning the order books got a surprise when Michael Saylor tweeted about Digital Credit built on Bitcoin. His statement indicates a potential shift in financial strategies, emphasizing the importance of Bitcoin in modern finance. This news could lead to increased interest in Bitcoin as an underlying asset for innovative financial products. For more details,
Trump spent Saturday promoting a check that does not yet exist, days after his administration announced one that does. The first is a $5,000 “Trump Dividend” explicitly tied to Republicans retaining both chambers of Congress. The second is $90, backed by money already sitting in the Medicare Improvement Fund and headed to more than 20
Robert Kiyosaki Compares Bitcoin Ownership to Carrying Insurance Holding assets outside government-issued currency is part of financial preparedness, according to Robert Kiyosaki, author of Rich Dad Poor Dad. In an Oct. 3 statement on X, he described his financial prepper approach as taking precautions against economic trouble. He recounted a woman questioning whether that mindset
The liquidity market is off to a bullish start in October. After two months of steady growth, the stablecoin market cap is still rising, now hovering above $310 billion. In less than 72 hours, the market has added $1 billion+ in liquidity. At the same time, the overall crypto market cap is also on the
Bitcoin’s [$BTC] latest pullback reflects a failed attempt to break the $87,100 resistance that has capped its recovery. After pushing into that zone, Bitcoin reversed sharply, falling nearly 4% toward $83,800 as selling intensified. However, the decline has so far stopped above the $82,900-$83,000 range floor. In turn, this keeps the broader recovery structure intact.