Bitcoin continues to push higher and the current structure still allows for a move toward the $90K to $95K region before a larger correction unfolds. In this video, we break down the key Elliott Wave structures, Fibonacci resistance levels, CME gaps, RSI signals, and the short-term setups for both Bitcoin and Ethereum.
Bitcoin (BTC) is trading near $80,847, maintaining its position above the significant $80,000 psychological milestone. The market is currently experiencing a "bull-stack" formation as it tests key resistance levels.
Visit Trading Platform >>
Bitcoin BTC Price News & Insights Today 10-5-2026 - Technical analysis of BTC, on market structure, key support and resistance zones. Video by More #Crypto Online.
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 >>
Bitcoin Insights Today
-Legislative Boost: Markets are reacting positively to the scheduled May 14 U.S. Senate Banking Committee markup of the CLARITY Act, a landmark bill aimed at providing regulatory certainty for digital assets.
-Institutional Shift: Bitcoin is increasingly viewed as a macro-sensitive asset, showing an 88.9% correlation with the S&P 500. Major players like VanEck continue to project long-term targets as high as $1 million within the next presidential term.
-Macro Headwinds: Elevated oil prices (near $95/barrel) and potential "hotter" inflation data are creating friction, as high energy costs directly impact mining operations and consumer sentiment.
-Derivative Trends: The CME is preparing to launch products allowing traders to bet specifically on Bitcoin volatility, moving beyond simple price-directional trades.
Buy, sell, and store over 400 digital assets at one of Europe’s leading exchanges. Crypto trading and staking made simple!
Learn more >>
