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Bitcoin prices are declining, trading below $27000. BTC still faces further downside risks below the support levels of $26500 and $26200

Due to concerns about the conflict between Israel and Hamas, management costs have skyrocketed, and Bitcoin prices have fallen below $27000.On Thursday, the largest cryptocurrency trading price was $26816, down 2

Standard Chartered Bank recently reported that due to the Ethereum ecosystem becoming a popular infrastructure for blockchain games and traditional asset tokenization, the price of native token Ethereum (ETH) is expected to increase fivefold in the next three years due to rising demand.Geoff Kendrick, head of digital asset research, predicts that the price of Ethereum has the potential to reach $8000 by the end of 2026

Researchers at Standard Chartered Bank recently claimed that Ethereum (ETH), the second largest cryptocurrency by market value, may increase by another 500% from its current price by 2026.The bank also made a similar optimistic prediction compared to Bitcoin (BTC), claiming that Bitcoin may reach $120000 by 2025

BitMEX founder Arthur Hayes seems more optimistic about 2026. As a guest on Tom Bilyeu's Impact Theory program, Hayes stated that by 2026,The price of Bitcoin may reach $750000 to $1 million

Although the Bitcoin market is currently in a sideways consolidation state, with price volatility gradually decreasing and maintaining around $27000, long-term Bitcoin ($BTC) holders are still actively accumulating this major cryptocurrency asset.According to data provided by blockchain analysis company Glassnode, long-term Bitcoin holders have added at least 50000 Bitcoins per month, with a total value exceeding $1

The price fluctuations of Bitcoin (BTC) are shaking counterfeit coins, and at the time of writing, the price is just below the support level of $26800. The recent news has to some extent increased volatility

After breaking through the resistance level of $28000 again over the weekend, Bitcoin has fallen back to its lowest level since the end of September.Bitcoin (BTC) fell below $27000 for the first time since the beginning of this month on Wednesday, as the stock market rose for four consecutive days and bond yields fell for three consecutive days, failing to stimulate interest in cryptocurrency purchases

The fluctuation of Bitcoin prices has affected counterfeit coins, with current trading slightly below the support level of $26800. The recent news has had a certain impact on market volatility

Yiming's Trading ExperienceAll content in this article is personal opinions and is for learning and communication purposes only. It is not used as an investment basis and should be operated based on it at your own risk

Yesterday Monday closed the weekly line, let's take a look at the trend of the weekly line.Last week we talked about the trend of Bitcoin, and although it has risen to near the pressure level, the positive line has not increased, and the market will continue to fluctuate

According to Standard Chartered Bank, the price of Ethereum blockchain's native cryptocurrency, Ethereum (ETH), may rise from around $1600 to $8000 by the end of 2026.We believe that Ethereum's established dominant position in smart contract platforms, as well as its emerging applications in gaming and tokenization, may push ETH to the level of $8000 (five times the current price of $1600) by the end of 2026, "said Geoffrey Kendrick