Ethereum

Bitcoin

Impact

Arthur

Arthur Hayes, the founder of BitMEX, appears to be even more optimistic towards 2026. Speaking as a guest on the Impact Theory program with Tom Bilyeu, Hayes stated that the price of <a href="https://en.coin-turk.com/bitcoin-shows-positive-momentum-and-breaks-27300-level/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin</a> could reach $750,000 to $1 million by 2026. He argues that the continuous printing of money by the US government to avoid a financial crisis will trigger a major bull market in many tokens. While many analysts have a positive long-term view, uncertainty continues due to various short-term challenges.
<h2 style="text-align: justify" id="bitcoin-btc-price-forecast">Bitcoin (BTC) Price Forecast!</h2>
Bitcoin found support at the 20-day exponential moving average at $27,227 after dropping below the level on October 11. This could indicate that bears are attempting to gain control. The next support to watch on the downside is the 50-day simple moving average at $26,615. A break below this level could indicate investors rushing for the exit. The <a href="https://en.coin-turk.com/will-bitcoin-price-increase-analysis-of-bitcoin-and-dollar-index-dxy/" data-wpel-link="internal" rel="noopener noreferrer nofollow">BTC</a>/USDT pair could then drop to $26,000 and eventually retest support at $24,800.
If the price of the cryptocurrency rebounds from the 50-day SMA, bulls may attempt to push the price above the 20-day EMA. This could open the doors for a potential rally towards $28,143. The flat 20-day EMA and the relative strength index (RSI) just below the midpoint could suggest possible range-bound action in the near term.
<img decoding="async" class="aligncenter wp-image-265519 size-full" src="https://coin-turk.com/wp-content/uploads/2023/10/btc-2.webp" alt="" width="1353" height="798">
<h2 style="text-align: justify" id="ethereum-eth-price-analysis">Ethereum (ETH) Price Analysis!</h2>
<a href="https://en.coin-turk.com/significant-increase-in-ethereums-on-chain-activity/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Ethereum</a> has found buyers near the $1,531 support for the past two days, which could be a positive sign. This suggests that the price may continue to fluctuate between $1,531 and $1,746 for some time. The positive divergence in the ETH/USDT pair could indicate a decrease in selling pressure near $1,531. This could initiate a relief rally towards the 20-day EMA at $1,619. If the price of ETH falls from this level, bears may make another attempt to push the pair below $1,531 and start a downward move towards $1,368.
Contrarily, an increase above the moving averages could indicate a strong accumulation at lower levels. The pair could then attempt to rise towards $1,746. Bulls may struggle to surpass this level, but if they succeed, the pair could climb to $1,961.
<img decoding="async" class="aligncenter wp-image-265517 size-full" src="https://coin-turk.com/wp-content/uploads/2023/10/eth-1.webp" alt="" width="1353" height="798"> Continue Reading: <a href="https://en.coin-turk.com/bitcoin-and-ethereum-price-analysis-long-term-outlook-and-potential-levels/" data-wpel-link="internal" rel="noopener noreferrer nofollow">https://en.coin-turk.com/bitcoin-and-ethereum-price-analysis-long-term-outlook-and-potential-levels/</a>

Bitcoin and Ethereum Price Analysis: Long-Term Outlook and Potential Levels

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