Crypto
Bitcoin Price Prediction: Can BTC Reclaim $72,000 This Week?

The post Bitcoin Price Prediction: Can BTC Reclaim $72,000 This Week? appeared first on Coinpedia Fintech News
Bitcoin price is heading into the new week sitting right below key psychological levels, but buyers don’t look fully in control yet. Bitcoin has tested the $70,000 mark several times, only to face steady selling each time it tries to push higher. The momentum is there, but the follow-through has been weak, making a clean move toward $72,000 harder than expected.
With the star crypto stuck just below major resistance, the coming week will likely decide whether buyers regain strength or if consolidation continues before the next breakout attempt.
Bitcoin Price Prediction: Breakdown Below $70K Puts $59K Support in Focus
Bitcoin is trading near $68,687 on the daily chart after failing to hold above the $70,000–$72,000 resistance band. The recent rejection from that supply zone triggered a sharp sell-off, confirming that buyers are still struggling to build momentum above the psychological $70K mark. The structure now reflects a clear lower-high formation, keeping short-term pressure tilted to the downside.

The chart shows BTC breaking below a strong horizontal support zone near $72K, which previously acted as a consolidation floor. Once that level gave way, the price accelerated downward toward the highlighted demand region around $59,600. The long lower wick near $59K suggests aggressive dip-buying. However, the rebound has been weak and remains capped below $70K, indicating that the move may be corrective rather than impulsive.
If BTC continues forming lower highs below $70K, the structure favors a retest of $59,600 (major support), followed by $55,000–$52,000 if that zone fails.
The sell-off toward $59K came with a clear spike in volume, confirming strong participation during the drop. That usually reflects forced liquidation and panic exits rather than controlled rotation. The On-Balance Volume (OBV) continues trending lower, signaling sustained capital outflow. There is no bullish divergence visible yet, which suggests accumulation hasn’t fully returned. While the histogram shows early signs of flattening, there is no confirmed bullish crossover yet. That means downside pressure still dominates the weekly outlook.
The Final Verdict—Levels to Monitor This Week
Bitcoin price remains at a critical decision point after its rejection near $70,000. If bulls manage to reclaim and hold above the $70K–$72K resistance zone with strong volume, momentum could shift quickly, opening the path toward $78,000 in the coming sessions. However, failure to break this ceiling keeps downside risks intact. A renewed rejection may drag BTC back toward $59,600 support, and a breakdown below that level could extend losses toward the $55K region. The next few daily closes will likely determine the dominant trend for the week.
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Crypto
WebitPay Showcases Crypto-Funded Visa Cards at TOKEN2049 Singapore 2026
SINGAPORE, October 2026 — WebitPay, a crypto payment platform offering virtual and physical Visa cards, participated in TOKEN2049 Singapore 2026, showcasing its payment solutions designed to make digital assets more practical for everyday spending.
As the digital asset industry continues to evolve, attention is increasingly shifting beyond trading and investment towards real-world utility. Crypto-funded payment cards offer a practical way to connect digital assets with familiar payment experiences, allowing users to access everyday payment services through established financial infrastructure.
Bringing Crypto into Everyday Payments
WebitPay enables eligible users to fund their accounts with supported cryptocurrencies, including USDT and USDC, and access Visa payment cards for everyday purchases.
Through its mobile application, users can manage their crypto-funded balances and payment cards in one place. The platform offers virtual cards for online transactions and physical cards for in-store purchases, with Google Pay support available for eligible cards and devices.
By combining cryptocurrency funding with established card payment infrastructure, WebitPay aims to simplify the experience of using digital assets for everyday spending.
WebitPay at TOKEN2049 Singapore
During TOKEN2049 Singapore 2026, WebitPay showcased its virtual card offering and its Webit Black physical card, introducing visitors to its approach to crypto payments under the brand message “Spend Crypto. Live Global.”
Throughout the event, WebitPay engaged with industry participants across the digital asset, fintech and payment infrastructure sectors, exchanging perspectives on the growing demand for practical crypto payment solutions.
The discussions highlighted several areas of interest for the company, including cross-border payment experiences, card issuing infrastructure and opportunities to improve the accessibility of crypto-funded payments.
For WebitPay, the exhibition represented an opportunity not only to present its products but also to strengthen its connections within the broader global payments ecosystem.
Building Towards More Accessible Crypto Payments
Following TOKEN2049 Singapore, WebitPay remains focused on improving its card payment experience and exploring additional payment capabilities.
As digital assets become increasingly integrated into mainstream financial services, WebitPay aims to make crypto-funded payments simpler and more accessible to eligible users across supported markets.
With a focus on practical utility, the company continues to work towards bridging the gap between digital asset ownership and everyday spending.

About WebitPay
WebitPay is a crypto payment platform offering cryptocurrency funding and virtual and physical Visa card solutions. Through its mobile application, WebitPay connects supported digital assets with everyday payment experiences, enabling eligible users to manage their balances and access card-based payments.
For more information, visit https://webitpay.net.
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