Tag: Bitcoin price prediction

  • Analyst Warns U.S. Midterm Elections Could Trigger ‘Bitcoin dump’

    Analyst Warns U.S. Midterm Elections Could Trigger ‘Bitcoin dump’

    Key Highlights

    • Bitcoin fell after the 2010, 2014, 2018 and 2022 US elections, with declines ranging from 27% to 72%.
    • Bitcoin was trading at $84,180 on September 29, 2026, after a 0.55% 24-hour gain.
    • Ali Martinez identified $73,000 as a potential support zone if the historical post-midterm pattern repeats.

    Bitcoin’s Historical Post-Election Performance Draws Attention

    Bitcoin investors are assessing whether historical price movements following US midterm elections could offer clues about market conditions ahead of November 3, 2026. The cryptocurrency declined by 72% after the 2010 election, 65% after 2014, 52% after 2018 and 27% after 2022.

    Ali Martinez highlighted the pattern while cautioning that historical correlation does not establish that elections caused the declines. “Following the 2010, 2014, 2018, and 2022 elections, $BTC fell 72%, 65%, 52%, and 27%, respectively. That does not prove elections caused the declines, but the pattern is worth watching ahead of November 3, 2026,” Martinez wrote.

    The US midterm elections are just over a month away, adding a potential source of uncertainty for Bitcoin traders. At press time on September 29, Bitcoin was trading at $84,180, up 0.55% over the previous 24 hours.

    Bitcoin price 24-hour chart. Source: Finbold

    Bitcoin’s Fourth-Quarter Record Is Mixed

    Historical fourth-quarter performance adds complexity to the outlook. Bitcoin surged 391% in the fourth quarter of 2010, but declined 16.70% in Q4 2014, 42.16% in Q4 2018 and 14.75% in Q4 2022.

    Based on the combination of prior post-midterm declines and uneven fourth-quarter performance, Martinez warned that the beginning of Q4 could bring increased volatility for Bitcoin investors. The analyst said a repeat of the historical post-midterm pattern could make the $73,000 level an important area to monitor.

    “If this post-midterm pattern repeats, Bitcoin’s short-term holder cost basis near $73,000 could become the key support zone. During confirmed bull markets, this level has often held through major corrections, potentially creating a buying opportunity if $BTC pulls back,” he wrote.

    The $73,000 area represents Bitcoin’s short-term holder cost basis and has historically acted as support during confirmed bull markets. However, Martinez had also offered a more positive medium-term outlook a day earlier, predicting a possible move toward $100,000 if Bitcoin holds above the $82,000 neckline.

    Why This Matters

    The historical data gives Bitcoin traders specific levels and time periods to watch, but it does not establish a direct causal link between elections and cryptocurrency sell-offs. Bitcoin’s fourth-quarter record has varied substantially across election cycles, meaning broader market conditions and price structure remain important factors in evaluating the outlook.

    For now, the $82,000 neckline, the potential $73,000 support zone and the November 3, 2026, election date are the key reference points identified in the analysis. A sustained hold above $82,000 would support the medium-term scenario toward $100,000, while a pullback could test the short-term holder cost basis near $73,000.

    Frequently Asked Questions

    How did Bitcoin perform after previous US midterm elections?

    Bitcoin fell 72% after the 2010 election, 65% after 2014, 52% after 2018 and 27% after 2022.

    What Bitcoin price level is being watched as potential support?

    Ali Martinez identified approximately $73,000 as a potentially important support zone because it represents Bitcoin’s short-term holder cost basis.

    What level could support a move toward $100,000?

    Martinez previously predicted a potential medium-term move toward $100,000 if Bitcoin holds above the $82,000 neckline.

  • Coinbase CEO Brian Armstrong Predicts Bitcoin Will Reach $400,000 Within Four Years

    Coinbase CEO Brian Armstrong Predicts Bitcoin Will Reach $400,000 Within Four Years

    Key Highlights

    • Coinbase CEO Brian Armstrong predicts Bitcoin could reach $400,000 by 2030 based on historical halving cycles, though he emphasizes this is a possible outcome, not a fixed forecast.
    • Coinbase launches fixed-rate USDC loans backed by Bitcoin via the Morpho Midnight protocol on its Base blockchain, coexisting with its existing variable-rate Morpho Blue product.
    • U.S. spot Bitcoin ETFs attracted $2.4 billion in net inflows for the week ending September 25, the largest weekly intake since October 2025, while Defense Secretary Pete Hegseth disclosed personal Bitcoin holdings valued between $16,000 and $65,000.

    Armstrong’s $400,000 Bitcoin Prediction Rooted in Halving Cycles

    Coinbase Global (NASDAQ: COIN) Chief Executive Officer Brian Armstrong reiterated his long-term Bitcoin price target during a September 19 interview with MoneyRehabPodcast, stating he still sees a path for Bitcoin to reach $400,000 by 2030. Armstrong’s view is built around Bitcoin’s historical market cycles, specifically the network’s programmed halving events that cut the amount of new BTC entering circulation approximately once every four years.

    According to Armstrong, previous halving periods have often been followed by sharp price runs, then major pullbacks that can drag on for close to a year. He suggested another similar cycle could take Bitcoin to around three times its previous record price before 2030. However, Armstrong made clear that the estimate depends on Bitcoin behaving in a way that resembles earlier cycles, and that earlier price action cannot tell investors exactly what comes next. The target is therefore a possible outcome, not a fixed forecast.

    As of 16:01 WIB on September 25, Coinbase shares were priced at $198.85 on Pluang, down 0.18% over 24 hours. The crypto exchange held a market value of $52.27 billion, while COIN’s 52-week trading range stood between $141.09 and $387.27.

    Coinbase Expands Lending with Fixed-Rate Bitcoin-Backed Loans

    Coinbase has also expanded its lending business with fixed-rate USDC loans backed by Bitcoin. The new product allows borrowers to receive their interest charge and repayment deadline at the start of the loan instead of watching the cost move with market conditions.

    The fixed-rate offering works with Morpho Midnight, a decentralized lending protocol introduced in July. The protocol does not retain any customer funds and allows for lending with predetermined borrowing rates and fixed terms. Transactions on the network will be settled using Base, Coinbase’s second-layer blockchain built upon Ethereum.

    Coinbase currently provides another cryptocurrency lending product called Morpho Blue, which uses variable borrowing rates that depend on available liquidity and demand for loans, making customers pay higher rates during periods of increased borrowing activity. The fixed product will coexist with the current offering rather than replace it. Currently, Coinbase’s variable-rate lending market features more than $1.4 billion in active loans with total collateral of nearly $3 billion.

    Bitcoin ETF Inflows Surge to $2.4 Billion Weekly

    Demand for spot Bitcoin ETFs has picked up sharply. The Block, using SoSoValue figures, reported that U.S. funds received $2.4 billion of net inflows during the week ending September 25, marking their biggest weekly intake since October 2025. Monday accounted for a large chunk of that money, with the 12 Bitcoin ETFs tracked by SoSoValue collecting $999 million in one day. That marked their strongest daily result since October 6, 2025 and ranked as the ninth-biggest daily inflow since U.S. spot Bitcoin ETFs began trading in January 2024.

    The buybacks put the flows back into positive territory for 2026. Year-to-date net flow figures were around $934.1 million. As of July 13, that same group was showing about $5.8 billion in net outflows. The funds have generated about $57.6 billion in net inflows since inception. Net assets for all funds totaled about $108.4 billion as of Friday.

    According to Bloomberg ETF analyst Eric Balchunas, the change in flows is due to the Treasury’s plans to increase purchases of longer-term Treasuries.

    Defense Secretary Pete Hegseth Discloses Personal Bitcoin Holdings

    Defense Secretary Pete Hegseth has also disclosed personal Bitcoin exposure in his newly released 2025 annual ethics filing. The filing lists at least $3.1 million across cash, retirement investments, and BTC. The disclosure includes more than $1 million sitting in one bank account. Hegseth, a former Fox News host who became Defense secretary in January 2025, is also facing impeachment demands from members of his own party over his handling of the war with Iran.

    Hegseth had a total of five retirement accounts that ranged in value between about $2.05 million and $4.35 million. Three of these accounts, which belonged to Hegseth, were worth about $500,000 to $1.25 million. His wife, Jennifer Hegseth, had a total of two Rollover IRAs that were worth about $1.55 million to $3.1 million.

    The couple also disclosed three cash accounts. One was reported only as being “worth more than $1 million.” Their Bitcoin position was valued between approximately $16,000 and $65,000. The wide range in the federal disclosure forms makes it difficult to make a clear year-to-year wealth comparison. In Hegseth’s nomination form from December 2024, the total amount of financial assets falls within $1.4 million and $3.4 million. In the most recent filing, the lower range is $3.1 million with no upper limit since there is no ceiling for the largest cash account.

    The only major change is in the bank balance. Hegseth’s earlier disclosure reveals an account called “U.S. Bank #2” which ranged from $15,001 to $50,000. In the current filing, the account holding the same name ranges above $1 million.

    Why This Matters

    The convergence of institutional price predictions, expanding crypto-native financial infrastructure, and surging ETF demand signals deepening mainstream integration of Bitcoin into traditional finance. Armstrong’s halving-cycle thesis, while speculative, reflects a widely watched analytical framework among market participants. Coinbase’s launch of fixed-rate borrowing via Morpho Midnight on Base demonstrates how centralized exchanges are bridging into decentralized finance primitives, offering users predictable costs previously unavailable in variable-rate DeFi lending. The record-breaking ETF inflows—reversing months of outflows—suggest renewed institutional appetite, potentially influenced by macro shifts in Treasury policy as noted by Balchunas. Meanwhile, a sitting Cabinet secretary’s disclosed Bitcoin holdings, however modest, mark a notable milestone in political normalization of digital asset ownership.

    Frequently Asked Questions

    What is Brian Armstrong’s Bitcoin price prediction and what is it based on?

    Coinbase CEO Brian Armstrong predicts Bitcoin could reach $400,000 by 2030. His forecast is based on historical halving cycles, where the reduction in new BTC supply every four years has previously been followed by significant price appreciation. Armstrong emphasizes this is a possible outcome if Bitcoin behaves similarly to past cycles, not a guaranteed forecast.

    How do Coinbase’s new fixed-rate Bitcoin-backed loans work?

    Coinbase’s fixed-rate USDC loans allow borrowers to lock in their interest charge and repayment deadline upfront, using Bitcoin as collateral. The product operates through the Morpho Midnight protocol, which does not hold customer funds, and settles transactions on Base, Coinbase’s Ethereum layer-2 blockchain. This fixed-rate option coexists with the existing variable-rate Morpho Blue product.

    What drove the recent surge in U.S. spot Bitcoin ETF inflows?

    U.S. spot Bitcoin ETFs saw $2.4 billion in net inflows for the week ending September 25, the largest weekly intake since October 2025. According to Bloomberg ETF analyst Eric Balchunas, the shift is attributed to the Treasury’s plans to increase purchases of longer-term Treasuries, which may be influencing investor risk appetite and portfolio allocation toward Bitcoin exposure.

  • Mark Yusko Predicts Bitcoin Will Reach $250,000

    Mark Yusko Predicts Bitcoin Will Reach $250,000

    Key Highlights

    • Morgan Creek Capital Management CEO Mark Yusko signals Bitcoin has transitioned from a “distribution” phase to an “accumulation” phase, citing higher lows, higher highs, and a break above key moving averages.
    • Yusko’s valuation model pegs Bitcoin’s current fair value at approximately $105,000 based on Metcalfe’s Law and network valuation models, suggesting the asset remains undervalued at recent $85,000-$86,000 levels.
    • Global M2 money supply expansion, reduced leverage in crypto markets, and a shift toward institutional ownership are cited as structural tailwinds for a sustainable, albeit slower, long-term uptrend targeting $250,000.

    Yusko Identifies Structural Shift in Bitcoin Market Dynamics

    Mark Yusko, chief executive officer of Morgan Creek Capital Management, has outlined a bullish thesis for Bitcoin arguing that the cryptocurrency’s market structure is undergoing a fundamental shift back in favor of a sustained uptrend. In a recent interview, the veteran investor detailed a significant change in market character compared to just months prior, when he advised caution. Yusko now contends that Bitcoin has moved decisively from a “distribution” phase into an “accumulation” phase, a transition he believes marks the early stages of a new bull run with a long-term price target of $250,000.

    Technical Confirmation and Valuation Metrics Support Thesis

    The Morgan Creek CEO’s analysis rests on a confluence of technical and on-chain metrics. Yusko highlights that Bitcoin price action has begun printing higher lows and higher highs, a classic Dow Theory signal of an emerging uptrend. Critically, the asset has reclaimed both the 200-day moving average and the 50-week moving average, levels widely watched by institutional trend-followers. Bitcoin’s recent surge above $86,000, reaching its highest level since January, has been bolstered by sustained inflows into spot Bitcoin exchange-traded funds and renewed institutional purchasing.

    Despite the recovery from a local low near $58,000 to the current $85,000-$86,000 range, Yusko maintains that Bitcoin trades below its intrinsic “fair value.” Applying Metcalfe’s Law alongside Timothy Peterson’s network valuation model, Yusko calculates a fair value of approximately $105,000. In a separate recent statement, he characterized trading below this level as a compelling accumulation opportunity for long-term allocators.

    Macro Liquidity and Evolving Market Structure Favor Sustainability

    Beyond technicals, Yusko anchors his outlook in the macroeconomic backdrop. He points to a renewed expansion in global M2 money supply, noting that while the Federal Reserve maintains a restrictive posture, aggressive monetary expansion in major economies—particularly China—is driving global liquidity higher. This environment, he argues, historically favors scarce assets.

    Equally important is the changing composition of market participants. Yusko contrasts the current cycle with previous bull runs dominated by speculative retail leverage of 20x to 100x, which precipitated violent liquidation cascades. He observes that the growing dominance of spot ETFs, family offices, and high-net-worth long-term holders has structurally reduced systemic leverage. The sharp correction from a 2025 peak near $125,000-$126,000, in his view, effectively flushed excessive leveraged positions, leaving a healthier base.

    “The Rise in Bitcoin Won’t Come Suddenly”

    Yusko explicitly tempers expectations for explosive, vertical price action. “The Rise in Bitcoin Won’t Come Suddenly” he stated, emphasizing that Bitcoin’s maturation into a major asset class makes the tenfold rallies of prior cycles increasingly improbable. Instead, he envisions a protracted but more durable advance, potentially driving total market capitalization into the tens of trillions of dollars over the long term. This slower grind higher, he argues, is the trade-off for greater institutional participation and reduced volatility.

    Debt Monetization Narrative and Broader Digital Asset Exposure

    The thesis extends beyond Bitcoin-specific factors to a structural critique of the global financial system. Yusko argues that unsustainable sovereign debt loads will ultimately compel governments to devalue fiat currencies, positioning fixed-supply assets like gold and Bitcoin as primary stores of value. While his conviction is strongest on Bitcoin, Yusko also identifies significant roles for smart-contract platforms including Ethereum, Solana, and Avalanche in the evolving digital economy, highlighting tokenization of real-world assets, on-chain securities trading, and decentralized finance as key growth vectors.

    Why This Matters

    Yusko’s analysis reflects a growing consensus among institutional managers that Bitcoin’s market microstructure has fundamentally matured. The approval and success of spot Bitcoin ETFs in the United States have introduced a persistent, price-insensitive buyer base—registered investment advisors, pension funds, and endowments—that did not exist in prior cycles. This structural shift reduces the likelihood of the 80% drawdowns characteristic of Bitcoin’s early history, but also dampens the velocity of upside moves. For allocators, the implication is clear: Bitcoin is transitioning from a speculative vehicle to a strategic portfolio asset, demanding longer time horizons and conviction in the monetary debasement narrative. The $105,000 fair value estimate provides a tangible benchmark for dollar-cost averaging strategies, while the $250,000 long-term target underscores the asymmetric upside still perceived by early institutional adopters.

    Frequently Asked Questions

    What specific technical signals does Mark Yusko cite as confirmation of a new Bitcoin bull market?
    Yusko points to the formation of higher lows and higher highs, a decisive break above both the 200-day moving average and the 50-week moving average, and a second bottom formation with higher volume as primary technical confirmation of a trend change.
    How does Yusko arrive at a $105,000 fair value estimate for Bitcoin?
    The valuation derives from applying Metcalfe’s Law—which values a network proportionally to the square of its users—combined with Timothy Peterson’s network valuation model, which correlates Bitcoin’s price with its address activity and hash rate.
    Why does Yusko expect slower price appreciation in this cycle compared to previous ones?
    He attributes the slower grind to Bitcoin’s larger market capitalization and the dominant presence of institutional investors, ETFs, and family offices who employ little to no leverage and have longer investment horizons, reducing both volatility and the velocity of parabolic rallies.
  • Chinese Mining Company Founder Reveals Why He Repurchased All Sold Bitcoin

    Chinese Mining Company Founder Reveals Why He Repurchased All Sold Bitcoin

    Key Highlights

    • BTC.TOP founder Jiang Zhuoer has repurchased all Bitcoin positions he sold at $77,226, marking a swift strategic reversal.
    • The prominent Chinese miner cites persistent strong buying pressure and now projects Bitcoin will climb to the $80,000–$84,000 range.
    • The turnaround follows legislative headwinds for the U.S. CLARITY Act and a reassessment of macroeconomic risk factors.

    BTC.TOP Founder Reverses Course Amid Market Strength

    Jiang Zhuoer, the well-known Chinese cryptocurrency miner and founder of mining pool BTC.TOP, announced that he has fully repurchased the Bitcoin holdings he liquidated just days earlier. In a recent statement, Jiang explained that buying pressure in the spot market remains robust, leading him to adopt a renewed bullish outlook. He now anticipates that Bitcoin will surpass the $80,000 threshold and advance toward $84,000 in the near term.

    Previous Bearish Stance Driven by Macro Concerns

    The reversal is notable for its speed. Only recently, Jiang disclosed that he had sold 100% of his Bitcoin position at $77,226. At that time, he pointed to U.S. inflation data and the prospect of a Federal Reserve interest rate hike as primary catalysts for a potential market downturn. Jiang explicitly stated he was prepared for further declines and signaled a willingness to open short positions if conditions warranted.

    CLARITY Act Hurdles and Renewed Bullish Conviction

    Jiang’s latest commentary links the initial sell-off to obstacles encountered by the CLARITY Act, a piece of U.S. legislation aimed at providing regulatory clarity for digital assets. With those legislative headwinds persisting, Jiang appears to have concluded that structural demand for Bitcoin outweighs the macroeconomic risks he previously emphasized. His assessment that buyers remain dominant in the current market structure underpins the new price target of $80,000 to $84,000.

    Why This Matters

    Jiang Zhuoer is a closely watched figure in the crypto mining and trading community, and his public position changes often serve as a sentiment barometer for Chinese-market participants. His rapid flip from a full exit back to a long stance underscores the volatility of market narratives driven by U.S. policy developments—specifically the progress of the CLARITY Act—and shifting expectations around Federal Reserve monetary policy. For traders and institutional observers, the episode highlights how quickly on-chain and derivative positioning can realign when perceived regulatory risk intersects with visible spot-market demand.

    Frequently Asked Questions

    At what price did Jiang Zhuoer originally sell his Bitcoin?
    Jiang sold 100% of his Bitcoin position at $77,226.
    What is Jiang Zhuoer’s new price target for Bitcoin?
    He expects Bitcoin to rise to the $80,000–$84,000 range.
    What prompted Jiang’s initial decision to sell?
    He cited U.S. inflation data, the possibility of a Federal Reserve rate hike, and obstacles facing the CLARITY Act as reasons for his bearish stance.

    This is not investment advice.

  • Analyst Predicts Bitcoin Could Surpass $90K by November on This Setup

    Analyst Predicts Bitcoin Could Surpass $90K by November on This Setup

    Bitcoin Analyst Predicts $90K by November Amid Bearish Sentiment

    Trader Matthew Hyland argues that Bitcoin is currently sitting at a daily cycle low with a bullish divergence forming on the charts, forecasting prices above $90,000 by early November. His call comes while BTC trades near $76,000, down sharply after the Senate failed to advance the CLARITY Act, and as the market’s most vocal participants remain predominantly bearish.

    Conflicting Technical Outlooks

    Posting on X, Hyland noted that bears were getting excited at what he considers a daily cycle low, with a bullish divergence setup forming underneath the price action.

    “See ya at $90k+ by early November,” he wrote.

    Swing trader Roman replied, “Yeah, part of me really thinks this was a low,” with Hyland acknowledging that the Relative Strength Index (RSI) could fall further, though he pointed to liquidity clustered around $75,000.

    “So far it was just a liquidity grab IMO,” he stated, adding that there was “not really much liquidity below” that level.

    Hyland added that current prices look solid to him, even though most bears still aren’t buying the bottom narrative and are hoping for a much deeper decline.

    That view contrasts sharply with more pessimistic calls on X. Analyst Ted Pillows highlighted that BTC has lost its 50-week Exponential Moving Average (EMA) and wrote:

    “a drop to $70K-$72K zone is highly likely before any reversal.”

    Fellow market watcher Crypto Patel has been tracking the bearish move since Bitcoin fell from $82,500 to roughly $74,900 following a rejection near an $83,000 bearish order block on the daily chart. He maintains a $50,000 target unless Bitcoin closes above $83,000 on a higher timeframe.

    On-Chain Data Points to Mid-Cycle Floor

    Taking a different approach, CryptoQuant contributor IT Tech focused on Bitcoin holdings rather than price structure. They observed that the 6- to 12-month supply band has climbed to 30.8% of realized cap, up from 16.2% in December last year—a pattern that aligned with the last three Bitcoin bottoms.

    The analyst characterized this as a bullish setup but stopped short of declaring it the cycle low outright, noting that the original cryptocurrency is still down nearly 40% from its peak.

    “this reads as mid-cycle floor building, not the cycle low.”

    CLARITY Act Failure Triggers Capitulation

    At the time of writing, BTC was trading near $76,000, down about 1.5% in 24 hours and nearly 5% over the past week, though still up close to 19% across the last 30 days.

    The decline follows Tuesday’s Senate vote, where cloture on the CLARITY Act failed to secure the 60 votes required to advance the legislation. As reported earlier by CryptoPotato, Bitcoin short-term holders sent more than 23,000 BTC to exchanges at a loss in the aftermath, totaling nearly $1.8 billion and marking the largest capitulation event in approximately a month.

  • Bitcoin Tests Crucial $80K–$81K Resistance: Will BTC Reach $100K or Fall to $70K?

    Bitcoin Tests Crucial $80K–$81K Resistance: Will BTC Reach $100K or Fall to $70K?

    Bitcoin is approaching a critical technical zone after retreating from last week’s three-month high of $81,455 and moving back toward $78,000. The pullback has made the $80,000-$81,000 range the market’s key battleground, with a breakout potentially opening the path toward $100,000 and a rejection raising the risk of a decline toward $70,000.

    Bitcoin’s next move will depend on several measurable factors rather than price momentum alone. Technical indicators have improved, but rising Binance whale inflows and upcoming U.S. economic data could influence broader risk appetite.

    Bitcoin’s $81,000 Resistance Could Determine the Next Move

    Technical analyst Ash Crypto described Bitcoin’s weekly market structure as neutral, suggesting that neither buyers nor sellers currently have clear control. However, several momentum indicators have strengthened during the latest recovery.

    The MACD has turned bullish, the RSI has moved above 50, and stochastic RSI momentum has also improved. Buyers have continued defending the $77,000-$78,000 area following the recent pullback.

    Source: X

    The main obstacle remains the 50-week moving average near $81,000. A sustained weekly move above that level would break an important technical barrier and bring $90,000 back into focus as the next major price zone.

    Bitcoin could then target the broader upside level of $100,000 identified by the current market structure. However, another rejection near $81,000 would keep the cryptocurrency below key moving-average resistance.

    In that scenario, $75,000 would become the next notable support area, followed by approximately $69,000 if selling pressure intensifies.

    Binance Whale Inflows and U.S. Jobs Data Test Bitcoin’s Breakout

    On-chain activity introduces another important variable. CryptoQuant analyst BorisD reported that 30-day Binance whale inflows increased from roughly $3.47 billion to $5.5 billion during Bitcoin’s rally.

    Source: CryptoQuant

    However, the analyst cautioned that exchange deposits do not automatically signal incoming selling. Large holders may also be using Bitcoin as collateral for leveraged positions.

    U.S. spot Bitcoin ETFs recorded $201.9 million in net outflows on Aug. 28, ending a nine-day inflow streak. Despite that reversal, the latest outflows remain small compared with longer-term fund activity. Cumulative ETF net inflows stand near $54.63 billion, indicating that institutional participation remains substantial.

    Macroeconomic data will provide another test for Bitcoin’s price action. The ISM Manufacturing PMI is due September 1, followed by the August U.S. employment report on Friday at 8:30 a.m. ET.

    Economists expect payrolls to increase by about 45,000. Because markets are closely watching economic data for signals about Federal Reserve policy, the releases could influence Bitcoin’s next attempt to break above $81,000 resistance.

    Stronger-than-expected data could reinforce expectations for tighter monetary policy, while weaker readings could shift those expectations. Either outcome could add volatility around Bitcoin’s $81,000 resistance and its lower support levels.

    Related: Bitcoin and XRP Face>

  • Bitmine Chairman Tom Lee Reveals New Bitcoin and Ethereum Price Predictions

    Bitmine Chairman Tom Lee Reveals New Bitcoin and Ethereum Price Predictions

    Bitmine Chairman Tom Lee says Ethereum is undervalued relative to Bitcoin and could rise to $6,000 if Bitcoin surpasses $150,000. He believes Ethereum has substantial upside potential in the months ahead.

    Regulation and institutional demand could support Ethereum

    Lee identified several factors that could drive Ethereum’s value higher for the rest of the year. One of the most significant is the potential passage of the CLARITY Act, a comprehensive US regulatory framework for the cryptocurrency market.

    According to Lee, clearer regulations could make it easier for institutional investors to enter the crypto market. The return of capital that has been held back from crypto assets could also provide additional support for prices.

    He also pointed to rising capital inflows from Asia and “compensatory purchases” of crypto assets by global institutions seeking to improve their quarterly performance as potential tailwinds for Ethereum.

    Ethereum-to-Bitcoin ratio could recover

    Lee said the $ETH/BTC ratio, which tracks Ethereum’s performance against Bitcoin, could retest its previous level of 0.08. Even in a more cautious scenario, he said a recovery to 0.04 would give Ethereum significant upside potential.

    Although Lee continues to see long-term upside potential for Bitcoin, he expects asset tokenization and AI-powered finance to be among the key forces shaping the cryptocurrency market over the next five years.

    Tom Lee’s outlook supports expectations that the performance gap between Bitcoin and Ethereum could narrow. Investors are expected to closely monitor how institutional capital flows affect Ethereum in the coming period.

    If Bitcoin reaches $150,000, Ethereum’s move to $6,000 would represent a substantial increase from current price levels. However, that scenario depends on Bitcoin exceeding the $150,000 threshold and Ethereum attracting the anticipated capital inflows.

    This is not investment advice.

  • Bitmine Chairman Tom Lee Reveals New Bitcoin and Ethereum Price Predictions

    Bitmine Chairman Tom Lee Reveals New Bitcoin and Ethereum Price Predictions

    Bitmine Chairman Tom Lee says Ethereum is undervalued relative to Bitcoin and could climb to $6,000 if Bitcoin breaks above $150,000. He believes Ethereum has substantial upside potential in the months ahead.

    Regulation and institutional demand could support Ethereum

    Lee identified several factors that could drive Ethereum’s value higher through the remainder of the year. The most significant is the potential passage of the CLARITY Act, a comprehensive US regulatory framework for the cryptocurrency market.

    According to Lee, clearer regulations could encourage institutional investors to enter the crypto market. The return of pent-up capital to digital assets could also provide additional support for cryptocurrency prices.

    Other potential catalysts include increased capital inflows from Asia and “compensatory purchases” of crypto assets by global institutions seeking to improve their quarterly performance.

    Ethereum could regain ground against Bitcoin

    Lee said the $ETH/BTC ratio, which measures Ethereum’s performance against Bitcoin, could retest its previous level of 0.08. Even in a more cautious scenario, he believes a recovery to 0.04 would give Ethereum significant upside potential.

    Although Lee acknowledges that Bitcoin retains long-term growth potential, he expects asset tokenization and AI-powered finance to be among the key forces shaping the cryptocurrency market over the next five years.

    Lee’s outlook supports the possibility that the performance gap between Bitcoin and Ethereum could narrow. Market participants are expected to closely monitor how institutional capital flows affect Ethereum in the coming period.

    If Bitcoin reaches $150,000, Ethereum’s move to $6,000 would represent a significant gain from current price levels. However, that scenario depends on Bitcoin surpassing the $150,000 threshold and Ethereum attracting the anticipated capital inflows.

    This is not investment advice.

  • Bitcoin Price Correction: Why BTC Stalled at $78,000 Again

    Bitcoin Price Correction: Why BTC Stalled at $78,000 Again

    Bitcoin rose 26% in less than two weeks to reach $81,455 before stopping at the same price level that ended its previous rally. As of Sunday, 30 August at 11:37 UTC, BTC/USD traded at $78,019 on Bitstamp, down 0.12% on the day.

    Why Did Bitcoin Correct After Reaching $81,000?

    The catalyst was macroeconomic rather than crypto-specific.

    On Friday, 28 August, new Federal Reserve Chair Kevin Warsh delivered his first Jackson Hole keynote. He highlighted PCE inflation running at 3.7% year over year and 4.1% annualised over the previous six months, signalling that the Fed still has more work to do.

    Markets repriced rapidly. September rate-hike odds on CME FedWatch rose to roughly 56% from 35% a day earlier, reaching 60% intraday. Gold fell 2.4%, US equities surrendered their early gains, and Bitcoin dropped from $81,455 to a low of $76,845 before closing near $77,800.

    Forced liquidations intensified the decline. CoinGlass recorded approximately $486 million in liquidations across about 95,731 traders, including $368 million in long positions. Altcoins performed worse, with Ethereum closing at $2,443, down 2.70%; Solana at $104.13, down 4.65%; and XRP at $1.3833, down 4.80%.

    What Do Bitcoin ETF Flows Say About Institutional Demand?

    US spot Bitcoin ETFs recorded $201.81 million in net outflows on 28 August, ending a nine-day inflow streak that had brought nearly $3 billion into the funds since 17 August.

    ARK 21Shares ARKB accounted for $114.9 million of the outflows, followed by Bitwise BITB at $49.7 million and BlackRock IBIT at $33.4 million. Morgan Stanley’s MSBT was among the few funds to attract new money, recording $9.3 million in inflows.

    The distribution of outflows is significant. IBIT’s relatively small share of the redemptions points to profit-taking after a rapid rally rather than a broad institutional exit. August month-to-date inflows remain above $3.1 billion, making it the strongest month of 2026. The funds collectively hold more than one million bitcoin, and the reversal came one day after their combined net assets crossed $100 billion.

    Ether ETFs moved in the opposite direction, adding $102 million on the same day and recording a tenth consecutive session of inflows.

    ETF creations require fund managers to buy spot Bitcoin, while redemptions require them to sell. If outflows continue this week, the market could lose the buying support that helped hold the $80,000 level.

    What Does the Bitcoin Chart Show?

    Bitcoin bottomed near $62,277 in mid-August before moving almost vertically higher. It cleared the 200-day exponential moving average at $72,170 within days and then ran into resistance at $78,670. The price is now sitting near that level without managing to close above it.

    The difficulty is that $78,670 also capped Bitcoin’s early-May rally. At that time, BTC consolidated just below the level for two weeks, failed to break through and fell to the low $60,000s by June.

    The current setup closely resembles that earlier structure, although there is one important difference. In May, the 200-day EMA was above the market and declining. It is now below the price at $72,170 and has begun to flatten.

    Momentum is also cooling. The daily RSI is 71.03, placing it in overbought territory, and it has already fallen below its own moving average at 74.90.

    The sharp advance also created a volume vacuum between approximately $68,000 and $76,000. Such thinly traded areas can accelerate moves in either direction.

    Bitcoin Price Targets if BTC Breaks Higher

    The next bullish move depends on a daily close above $78,670 supported by strong volume.

    $81,455: This is the first target, based on the 28 August high and the 50-week moving average near $81,000. That moving average has separated bull and bear phases through much of Bitcoin’s history and remains one of the most important levels in the current cycle. A sustained breakout above $82,000 would require genuine spot demand rather than short covering.

    $88,000: This is the next major target and the first clear structural resistance above $81,455.

    $100,000: This remains the stretch case. Standard Chartered’s Geoff Kendrick has indicated that his year-end forecast may now be too low, although reaching $100,000 would likely require the Federal Reserve narrative to turn more dovish after a soft inflation reading before 16 September.

    Bitcoin Downside Price Targets

    A second rejection at $78,670 would leave several clearly defined support levels below.

    $74,450: This is the first support and the most likely destination for a normal pullback. Holding this level would keep the broader uptrend intact.

    $72,170: The 200-day EMA is the key technical line. A loss of this level would suggest that the August advance was a bear-market rally.

    $66,803 to $65,000: This support shelf formed through July and early August. A decline into this zone would erase most of the recent advance but leave the broader structure repairable.

    $62,277: This is the origin of the rally. A complete round trip back to this level would represent a textbook failed breakout.

    $58,000: This is the bear-case target. Glassnode has warned that sellers appear exhausted while buyers remain absent, and that a break below $58,500 could open the way to a deeper decline. Michael Terpin has identified an October bottom near $57,000. That scenario would require a September rate hike to materialise.

    For context, Bitcoin has already fallen approximately 54% from its high in the current cycle, although that decline remains shallower than the drawdowns recorded in 2018 and 2022.

    Which Bitcoin News Could Move BTC Next?

    The CLARITY Act remains stalled in the Senate, while bank lobbying pushed Circle and Coinbase shares lower on 28 August. A proposed SEC crypto custody rule, RIN 3235-AN46, entered White House review on 25 August.

    XRP ETFs advanced through two new US filings, and Grayscale launched the first spot Zcash ETP under the ticker ZCSH on NYSE Arca.

    Market sentiment is another risk. The Crypto Fear and Greed Index reached 72 on 28 August, compared with a 30-day average of 42. When positioning becomes crowded so quickly, relatively small catalysts can trigger outsized selling. Friday’s move demonstrated that risk.

    Bitcoin Price Prediction: What Should Traders Watch?

    Bitcoin is at a decision point rather than in a confirmed trend.

    The bullish scenario requires a daily close above $78,670, a return to net ETF inflows this week and support from the $76,700 to $77,300 area during any retest. If all three conditions are met, Bitcoin could break through $81,000 and open the path toward $88,000.

    The bearish scenario requires a second rejection at the current resistance level followed by a break below $72,170. Given the limited trading volume between current prices and the lower support zones, such a move could reopen $65,000 quickly.

    The base case is range-bound trading. Bitcoin is overbought into resistance, while the underlying structure remains strong but is losing momentum. The Federal Reserve outlook is also uncertain with three weeks remaining before the key September decision.

    A range between $74,450 and $78,670 while the RSI cools would be the healthiest outcome for the bulls, and it is the scenario the chart currently supports. Traders should watch ETF flow data from Monday through Wednesday for the next major signal.

    Source: cryptonews.net

  • Strive CEO Predicts Bitcoin Could Surpass $500,000 in Four to Five Years

    Strive CEO Predicts Bitcoin Could Surpass $500,000 in Four to Five Years

    Strive Asset Management CEO Matt Cole has projected that Bitcoin could surpass $500,000 within the next four to five years, citing accelerating erosion of the U.S. dollar’s purchasing power as the primary catalyst. In a recent interview, Cole argued that fiscal pressures and monetary expansion will drive capital toward the digital asset as a store of value, reinforcing a narrative gaining traction among institutional investors.

    Macroeconomic Foundations Behind the Forecast

    Cole’s outlook centers on structural concerns regarding U.S. fiscal policy. He highlighted the expanding national debt and the potential for accelerated money supply growth as forces that could weaken the dollar more rapidly than observed over the past 15 years. Data from BitcoinTreasuries, which tracks corporate Bitcoin holdings, indicates this view aligns with a broader institutional shift toward treating Bitcoin as a hedge against inflation and fiat depreciation.

    While Bitcoin’s historical volatility remains a factor, its adoption as a treasury reserve asset by public companies and increasing integration into mainstream finance have strengthened the case for long-term allocation. Cole’s four- to five-year horizon reflects a medium-term conviction distinct from the short-term speculation common in crypto markets.

    Market Implications of a $500,000 Bitcoin

    Reaching $500,000 would represent roughly a fivefold increase from current levels. Such a move would likely trigger significant capital reallocation, potentially diverting funds from traditional safe havens like gold and U.S. Treasuries. Analysts point to Bitcoin’s fixed supply of 21 million coins and decentralized architecture as structural advantages for investors seeking protection against currency devaluation.

    However, skeptics emphasize that price trajectory depends on a complex interplay of regulatory developments, technological evolution, and market sentiment. The prediction, while bold, mirrors a growing institutional appetite for digital assets. The coming years will be pivotal in determining whether Bitcoin cements its role as a mainstream financial asset or remains a speculative vehicle.

    Investor Takeaways: Diversification and Risk Management

    For retail investors, Cole’s forecast underscores the importance of monitoring macroeconomic trends and their impact on asset valuations. If dollar depreciation accelerates, assets like Bitcoin may offer a hedge — but they carry elevated risk and volatility. Diversification remains essential, and any exposure should align with individual financial goals and risk tolerance.

    Frequently Asked Questions

    What is Strive Asset Management?

    Strive is an investment firm co-founded by Vivek Ramaswamy, focused on asset management with a mission to promote corporate accountability and shareholder value. The firm has been vocal about its views on Bitcoin and other digital assets.

    Why does Matt Cole believe the dollar will decline faster?

    Cole points to factors such as rising national debt, potential monetary expansion, and fiscal policies that could accelerate the erosion of the dollar’s purchasing power compared to the past 15 years.

    Is a $500,000 Bitcoin price realistic?

    While the prediction is ambitious, it is not impossible. Bitcoin has shown significant growth over the past decade, but such a price would require substantial market adoption and favorable macroeconomic conditions. It remains a speculative outlook.

    Related Reading