We analyse Bitcoin with 91 inflation days of data from our MCO Terminal and using Elliott Wave, where the red resistance zone between $83,000 and $86,600 is the area in which Wednesday’s inflation data could trigger the next move. The last time US inflation data came out, on 11 September, Bitcoin jumped about 3% within two hours and gave nearly all of it back by the end of the day. Video by More Crypto Online.
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As of today, October 16, 2026, Bitcoin (BTC) is trading at approximately €75,600 ($82,100 – $82,300). After a highly volatile week that saw the cryptocurrency briefly plunge below the critical $80,000 baseline, BTC has staged a 0.6% to 0.8% intraday rebound. The broader market sentiment is showing signs of recovery, with the Crypto Fear & Greed Index climbing out of neutral territory back up to 63 (Greed).
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Bitcoin Insights Today
The primary driver behind Bitcoin's volatile price swing stems from mixed macroeconomic updates out of the United States:
• The Inflation Shakeup: On October 14–15, the U.S. Producer Price Index (PPI) reported a hot 1.3% month-over-month increase, stoking severe inflation fears. This triggered a flash-crash that wiped out leveraged long positions, leading to a massive $927.3 million in market-wide derivatives liquidations and dropping BTC below $81,000.
• The Federal Reserve Lifeline: The asset rapidly recovered after subsequent signals from the Federal Reserve indicated that the central bank will likely hold benchmark interest rates steady for the remainder of October. A resulting rally in U.S. bonds helped stabilize risk-asset sentiment and lifted Bitcoin back over $82,000.
1. ETF Outflows vs. Corporate Accumulation
Institutional investment patterns remain starkly divided. On one end, U.S. spot Bitcoin ETFs faced intense selling pressure, enduring roughly $681 million in net outflows over the preceding weekly tracking cycles as traditional funds de-risked around inflation metrics. Conversely, corporate treasuries are actively exploiting the local bottom; major corporate entities, led by renewed buying programs from Michael Saylor, have restarted massive programmatic spot purchases near the $80,000 mark.
2. Supply Chain Geopolitics
Broader geopolitical events are introducing sudden variables to global capital distribution. Overnight reports confirming that a commercial container ship struck a naval mine and sank in the Strait of Hormuz have rattled international supply chains. While high oil prices initially added short-term downward friction to the asset, the macro narrative around Bitcoin as an independent, non-sovereign reserve asset is heavily driving daily discussion on Bitcoin Magazine TV.
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Friday, 16 October 2026
Solana Bounces at Channel Support: Is the Low In?
In this video: We analyse Solana on 15 October 2026 using Elliott Wave, where the area around $97 to $98 decides whether the bulls keep their chance. Video By More Crypto Online.
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As of today, October 16, 2026, Solana (SOL) is trading at approximately €94.35 ($102.40 - $104.00). This marks a minor recovery of around 2% over the past 24 hours following a tough week where the asset dropped over 10% and heavily tested its critical $100 support level. Buy Solana >>
Insights Today
1. The "Alpenglow" Consensus Upgrade
The biggest upcoming network catalyst is the Alpenglow protocol rewrite scheduled for October 21, 2026. This massive technical upgrade aims to drastically improve transaction efficiency, targeting an 85x acceleration in transaction finality—slashing it from 12.8 seconds down to just 150 milliseconds. Validators are currently preparing to switch software temporarily to ensure a smooth migration.
2. Institutional Sell-Off vs. Growing Liquidity
A stark divergence has formed between institutional fund behavior and on-chain liquidity:
• ETF Outflows: U.S. spot Solana ETFs recorded their eighth consecutive day of outflows, losing another $1.29 million (bringing the weekly total drained to $24.8 million).
• Stablecoin Expansion: Despite the ETF sell-off, network liquidity remains robust. Over $3.5 billion in USDC was minted on Solana in the past seven days, pushing the network's total stablecoin supply past $17 billion.
• Real-World Growth: Institutional settlement infrastructure is expanding, notably through a pending Samsung Wallet integration to bring Solana USDC support to 82 million U.S. Galaxy mobile devices.
3. Hardware Expansion
Solana's mobile ecosystem gained further traction with hardware giant Ledger announcing its new Atom device. The hardware wallet will come pre-installed with Solana's Seeker app, deepening ecosystem alignment and security for mobile-first dApp users.
Buy, sell, and store over 400 digital assets at one of Europe’s leading exchanges. Crypto trading and staking made simple! Learn more >>
"Start online trading with iqoption. Access stocks, forex, and crypto on a world-class platform. Sign up for a free demo account and master your tools today!" Learn more >>
As of today, October 16, 2026, Solana (SOL) is trading at approximately €94.35 ($102.40 - $104.00). This marks a minor recovery of around 2% over the past 24 hours following a tough week where the asset dropped over 10% and heavily tested its critical $100 support level. Buy Solana >>
Insights Today
1. The "Alpenglow" Consensus Upgrade
The biggest upcoming network catalyst is the Alpenglow protocol rewrite scheduled for October 21, 2026. This massive technical upgrade aims to drastically improve transaction efficiency, targeting an 85x acceleration in transaction finality—slashing it from 12.8 seconds down to just 150 milliseconds. Validators are currently preparing to switch software temporarily to ensure a smooth migration.
2. Institutional Sell-Off vs. Growing Liquidity
A stark divergence has formed between institutional fund behavior and on-chain liquidity:
• ETF Outflows: U.S. spot Solana ETFs recorded their eighth consecutive day of outflows, losing another $1.29 million (bringing the weekly total drained to $24.8 million).
• Stablecoin Expansion: Despite the ETF sell-off, network liquidity remains robust. Over $3.5 billion in USDC was minted on Solana in the past seven days, pushing the network's total stablecoin supply past $17 billion.
• Real-World Growth: Institutional settlement infrastructure is expanding, notably through a pending Samsung Wallet integration to bring Solana USDC support to 82 million U.S. Galaxy mobile devices.
3. Hardware Expansion
Solana's mobile ecosystem gained further traction with hardware giant Ledger announcing its new Atom device. The hardware wallet will come pre-installed with Solana's Seeker app, deepening ecosystem alignment and security for mobile-first dApp users.
Buy, sell, and store over 400 digital assets at one of Europe’s leading exchanges. Crypto trading and staking made simple! Learn more >>
Thursday, 15 October 2026
Bitcoin Came THIS Close to Breaking Down: $97K Next?
Bitcoin came this close to a major breakdown, and Gareth Soloway shows the exact Bitcoin price levels that decide whether it rips toward $97,000 or slides to his buy zones below. Video by Gareth Soloway.
Bitcoin flushed to about $79,750 today before closing back above its $81,000 support, after hammering that line again. Gareth explains why the bullish structure is still intact, why Bitcoin has been hanging in there even as the AI trade and the Nasdaq slide, and why he holds no swing position in Bitcoin, long or short, while it sits inside its roughly $6,000 range.
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Then the upside. Above $87,200, three separate factors line up near $95,000 to $97,000: a rising trend line, a measured move off the consolidation, and the prior pivot highs. Gareth walks through each one on Coinbase's own charts and explains why the trend line could carry that target into late November.
On the downside, a daily close below $81,000 opens $75,500, where Gareth would buy only 25%, and then the $67,000 zone where he plans to load the rest. He shares what he told Crypto Banter about going all in, why he still believes the cycle low is in until proven otherwise, and why having a game plan before a trade keeps emotion out of it.
On the altcoins, Gareth covers Ethereum's range, with a heavy buy zone just below $2,000 and a $2,800 retest on a breakout, plus the HBAR swing trade setup he took with Smart Money Crypto members on a retrace to the scene of the crime, with a target near $0.10.
Probability over emotion, being the casino instead of the gambler, and why following the charts beat chasing fear and greed. Visit Trading Platform >>
Bitcoin flushed to about $79,750 today before closing back above its $81,000 support, after hammering that line again. Gareth explains why the bullish structure is still intact, why Bitcoin has been hanging in there even as the AI trade and the Nasdaq slide, and why he holds no swing position in Bitcoin, long or short, while it sits inside its roughly $6,000 range.
"New to trading? Join iqoption for free educational materials, a risk-free demo account, and a low minimum deposit($20). Start your journey in the financial markets now!" Learn more >>
Then the upside. Above $87,200, three separate factors line up near $95,000 to $97,000: a rising trend line, a measured move off the consolidation, and the prior pivot highs. Gareth walks through each one on Coinbase's own charts and explains why the trend line could carry that target into late November.
On the downside, a daily close below $81,000 opens $75,500, where Gareth would buy only 25%, and then the $67,000 zone where he plans to load the rest. He shares what he told Crypto Banter about going all in, why he still believes the cycle low is in until proven otherwise, and why having a game plan before a trade keeps emotion out of it.
On the altcoins, Gareth covers Ethereum's range, with a heavy buy zone just below $2,000 and a $2,800 retest on a breakout, plus the HBAR swing trade setup he took with Smart Money Crypto members on a retrace to the scene of the crime, with a target near $0.10.
Probability over emotion, being the casino instead of the gambler, and why following the charts beat chasing fear and greed. Visit Trading Platform >>
Bitcoin Bears Just Got Rejected Hard - Clean Bounce
In this video: Clean Bounce - Bitcoin Bears Just Got Rejected Hard. Video by CryptoCache.
BTC Bitcoin Analysis 0:00
ETH Ethereum Analysis 7:50
SOL Solana Analysis 9:50
XRP Ripple Analysis 11:40
SUI Analysis 13:24
HYPE Analysis 15:23
Bitcoin (BTC) is trading around $80,900 to $82,000, marking an intraday drop of roughly 3%. The digital currency experienced significant volatility, briefly sliding below the psychological $80,000 threshold to a daily low of $80,210 before staging a modest recovery back into its key support zone.
• Spot ETF Outflows: Weakening near-term institutional demand is highly visible in U.S. spot Bitcoin ETFs, which recorded $261.46 million in net outflows on Wednesday alone, contributing heavily to the weekly negative momentum.
• Exchange Withdrawals: Concurrently, substantial BTC withdrawals from exchanges like Binance have been logged. While this implies that large holders are migrating assets to long-term cold custody, it has yet to generate sufficient immediate buying pressure to reverse the daily trend.
• Hotter Inflation Data: Markets are reacting heavily to a hotter-than-expected U.S. Consumer Price Index (CPI) report, which came in at 3.7%. This renewed fears that the Federal Reserve will hold interest rates higher for longer.
• Global Tech Cascades: A steep AI-led technology sell-off on Wall Street—deepened by slowing revenue growth projections at major firms—spilled directly into crypto markets.
• Derivative Liquidations: The sudden dip triggered rapid automated liquidations, wiping out nearly $1 billion in leveraged long positions across the crypto market, with Ethereum (ETH) bearing a heavier brunt of the liquidations than BTC.
Probability over emotion, being the casino instead of the gambler, and why following the charts beat chasing fear and greed. Start Trading >>
BTC Bitcoin Analysis 0:00
ETH Ethereum Analysis 7:50
SOL Solana Analysis 9:50
XRP Ripple Analysis 11:40
SUI Analysis 13:24
HYPE Analysis 15:23
Bitcoin (BTC) is trading around $80,900 to $82,000, marking an intraday drop of roughly 3%. The digital currency experienced significant volatility, briefly sliding below the psychological $80,000 threshold to a daily low of $80,210 before staging a modest recovery back into its key support zone.
• Spot ETF Outflows: Weakening near-term institutional demand is highly visible in U.S. spot Bitcoin ETFs, which recorded $261.46 million in net outflows on Wednesday alone, contributing heavily to the weekly negative momentum.
• Exchange Withdrawals: Concurrently, substantial BTC withdrawals from exchanges like Binance have been logged. While this implies that large holders are migrating assets to long-term cold custody, it has yet to generate sufficient immediate buying pressure to reverse the daily trend.
• Hotter Inflation Data: Markets are reacting heavily to a hotter-than-expected U.S. Consumer Price Index (CPI) report, which came in at 3.7%. This renewed fears that the Federal Reserve will hold interest rates higher for longer.
• Global Tech Cascades: A steep AI-led technology sell-off on Wall Street—deepened by slowing revenue growth projections at major firms—spilled directly into crypto markets.
• Derivative Liquidations: The sudden dip triggered rapid automated liquidations, wiping out nearly $1 billion in leveraged long positions across the crypto market, with Ethereum (ETH) bearing a heavier brunt of the liquidations than BTC.
Probability over emotion, being the casino instead of the gambler, and why following the charts beat chasing fear and greed. Start Trading >>
BTC: Elliott Wave Analysis Price Prediction | 4hr & 1hr | Bitcoin Forecast & Key Levels
In this video, we break down Bitcoin on the 4hr & 1hr chart using Elliott Wave Theory. You’ll discover both bullish and bearish scenarios, plus the critical price levels and targets to watch. Video by Koenz Trading.
"Start online trading with iqoption. Access stocks, forex, and crypto on a world-class platform. Sign up for a free demo account and master your tools today!" Learn more >>
Bitcoin (BTC) is trading near $80,915, marking a roughly 3% decline over the past 24 hours as macroeconomic pressures trigger a broad sell-off across risk assets. Buy Bitcoin >>
Bitcoin Insights Today
• Hotter-than-Expected U.S. Inflation: The U.S. Consumer Price Index (CPI) report showed inflation climbing to 3.7% year-over-year. This unexpected jump cooled investor hopes for near-term interest rate cuts.
• Fed Rate Hike Fears: According to the CME FedWatch Tool, the odds of another Federal Reserve rate hike have spiked sharply to 44% (up from just 18% previously).
• Weakening Institutional Demand: Spot Bitcoin ETFs registered a massive single-day outflow of $261.46 million on Wednesday, highlighting temporary institutional cooling.
• Global Market Contagion: Crypto is tracking a wider global retreat from risk assets, compounded by an intense 8% intraday crash in South Korea’s KOSPI index that triggered market circuit breakers.
Buy, sell, and store over 400 digital assets at one of Europe’s leading exchanges. Crypto trading and staking made simple! Learn more >>
"Start online trading with iqoption. Access stocks, forex, and crypto on a world-class platform. Sign up for a free demo account and master your tools today!" Learn more >>
Bitcoin (BTC) is trading near $80,915, marking a roughly 3% decline over the past 24 hours as macroeconomic pressures trigger a broad sell-off across risk assets. Buy Bitcoin >>
Bitcoin Insights Today
• Hotter-than-Expected U.S. Inflation: The U.S. Consumer Price Index (CPI) report showed inflation climbing to 3.7% year-over-year. This unexpected jump cooled investor hopes for near-term interest rate cuts.
• Fed Rate Hike Fears: According to the CME FedWatch Tool, the odds of another Federal Reserve rate hike have spiked sharply to 44% (up from just 18% previously).
• Weakening Institutional Demand: Spot Bitcoin ETFs registered a massive single-day outflow of $261.46 million on Wednesday, highlighting temporary institutional cooling.
• Global Market Contagion: Crypto is tracking a wider global retreat from risk assets, compounded by an intense 8% intraday crash in South Korea’s KOSPI index that triggered market circuit breakers.
Buy, sell, and store over 400 digital assets at one of Europe’s leading exchanges. Crypto trading and staking made simple! Learn more >>
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