Bitcoin Price in SGD Stagnates Near S$82,000 Amid Divided Analyst Views
Bitcoin's price in SGD has hovered near S$82,000 (approximately US$64,000) as traders remain divided on its next direction. The cryptocurrency has experienced a significant drop of around 50% from its October 2025 peak of US$126,000.
This week, Bitcoin has traded between US$63,000 and US$66,000, sparking mixed opinions among analysts. Some bearish forecasts predict a potential drop to US$58,000-US$53,000, while bullish predictions point towards a recovery to US$125,000-US$130,000 by mid-2027.
Key support levels for Bitcoin are at US$63,500-US$63,700, with resistance between US$65,500 and US$66,000. As the market remains uncertain, investors are advised to exercise caution and do their own research before making investment decisions.