Bitcoin price tanked to a 7-month low of nearly $85,000 on Friday as investors 
holding long positions were caught off guard by a sharp selloff, while 
outflows from its spot ETFs continued to add pressure. According to data from 
crypto.news,…

Bitcoin price plunges to $85k in long squeeze fallout, ETF outflows, is the worst coming?

Bitcoin (BTC) experienced a slight rebound after reaching a near eight-month 
low of $87,500 on Wednesday. By Thursday, the leading crypto surged back 
toward $90,000. However, market expert Leshka warns that this brief increase 
may signal only the start of a new distribution phase for Bitcoin, as selling 
pressure continues to build. Possible Bottom Between $40,700 And $47,500 In a 
recent post on X (formerly Twitter), Leshka assessed Bitcoin’s position on the 
weekly chart, identifying critical demand zones between $40,700 and $47,500 
that could take shape throughout 2026. She suggested that these levels might 
represent the bottom for Bitcoin during the anticipated bear market. If such 
forecasts materialize, this could indicate price drops of 47% to 54% from 
current values. Related Reading: CEO Cuts Cardano Founder’s Bitcoin Price 
Forecast, Warns Bear Market Just Starting Despite these potential lows, Leshka 
remains optimistic about Bitcoin&#8217;s long-term trajectory. She mentioned that if 
these price targets are met, Bitcoin could rebound dramatically, reaching new 
all-time highs of around $150,000 by 2027. In the immediate time, however, 
bears appear to have the upper hand in the market. Analyst Ali Martinez 
recently noted that the TD Sequential indicator, which is designed to signal 
potential market reversals, has flashed a sell signal for Bitcoin. 
Historically, this indicator has been a reliable predictor of price 
corrections, with past occurrences resulting in drops of 78% and 32%. A median 
correction based on these previous downturns would indicate a possible price 
target of $40,000, aligning with Leshka’s forecasts for Bitcoin. Analyst 
Predicts Temporary Rally For Bitcoin Technical analysis from Crypto Feras also 
contributes to this bearish sentiment. He pointed out that Bitcoin has 
breached its 50-day moving average (MA50) placed above $102,000, suggesting 
that a period of reflection is in order. Feras indicated that the exponential 
moving averages (EMA89-99) could provide initial support at $88,500, typically 
facilitating a short-term “bearish retest” of the MA50 after a breakdown. The 
analyst noted that this potential rally usually lasts for two to five weeks 
and may see both Bitcoin and altcoins behave positively, even though investors 
might misinterpret it as a return to a bull market. Related Reading: 
BlackRock’s Bitcoin ETF Bleeds Over $500 Million In Its Biggest One-Day 
Outflow Additional support is noted at $84,000, which could be briefly 
retested. Feras suggested that this scenario might represent a final bear trap 
before a more prolonged downturn, a historical trend that could repeat itself. 
He also addressed the question of when the market might shift back into “bull 
mode.” According to Feras, Bitcoin will remain in a bear market as long as it 
trades below its weekly MA50. Once Bitcoin reclaims this important moving 
average, discussions regarding a potential bull market or continuation of a 
bull trend could resume. Until that happens, he emphasized that it is 
premature to label Bitcoin&#8217;s current phase as anything but bearish. Featured 
image from DALL-E, chart from TradingView.com

Bitcoin Bear Market Confirmed? Expert Predicts Price Target Of $40,000 By Late 2026

U.K. authorities have opened a criminal investigation into Basis Markets, a 
failed crypto hedge fund accused of fleecing retail investors out of $28 
million. Two men, believed to have played key roles in operating the scheme, 
were arrested on Monday…

UK launches investigation into suspected $28 million Basis Markets crypto scam

Aster price appears to be entering a potential early reversal phase, with 
fresh buybacks and a new listing shifting sentiment amid difficult week for 
the wider market. Aster traded at $1.25 at press time, down 4.2% over the past 
24…

Aster price forms early reversal pattern as $70M buyback and Coinbase listing boost sentiment

Saudi Arabia’s Real Estate Registry has unveiled a national-scale blockchain 
infrastructure for real estate registration, fractionalization, and 
transactions. From Registry to Digital Marketplace Saudi Arabia’s Real Estate 
Registry (RER), under the supervision of the Real Estate General Authority 
(REGA), has unveiled a national‑scale blockchain infrastructure dedicated to 
real estate registration, fractionalization, and marketplace integration. 
Officials […]

Cryptocurrency price in IDR