
Bitcoin
BTC#1Bitcoin is a decentralised digital currency secured by an open network with no central issuer.
- Market cap
- $1.66T
- Volume 24h
- $18.78B
- All-time high
- $126,198
- −34.39% from ATH
- Circulating supply
- 20.1M of 21M
Passes all 8 Shariah criteria.
- 8 pass
- 0 caution
- 0 fail
Verdict history
- HalalCurrent
First publication
Bitcoin remains fundamentally attractive long-term, but the near-term setup turns neutral with risk outweighing upside at current levels.
AI Insight: Attractive
Analysis at $81,361 · Oct 18, 2026How the rating is built
Six criteria scored by code. The long term weighs 65%, the next weeks 35%. Missing data lowers confidence, not the rating.
Price and market criteria are recalculated daily- Price valuationweight 25%SupportsScore 64 of 100Fair zone · Mayer 1.13 · 66th percentile of the year · −35% from ATHThe valuation sits near its fair long-term level, so the price is neither low nor elevated against its own history.
- Fundamentalsweight 30%SupportsScore 90 of 100Team, institutions, tokenomics, network: all StrongFundamentals remain strong, supported by robust development, institutional engagement and sound tokenomics.
- News backgroundweight 10%NeutralScore 50 of 100Mixed · 2 up, 1 down in 30 daysNews flow is mixed, with a regulatory setback offset by continued ETF inflows and a strong monthly performance.
- Trendweight 15%SupportsScore 74 of 100Daily uptrend · above SMA200 · 4H bullishThe broader trend stays an uptrend, with price holding above its longer moving average.
- Upside vs downsideweight 12%Weighs againstScore 19 of 100+2.3% to $84,400 · −4.2% to $79,100 · ratio 0.5The near-term risk-reward skews unfavourable, as the remaining upside looks thin against the downside exposure.
- Scenariosweight 8%NeutralScore 48 of 100Growth 35% · Base 45% · Decline 20% · weighted −0.6%Modelled scenarios are balanced, with the base case carrying the highest probability but strong dispersion across outcomes.
Criterion status: 60–100 supports, 40–59 neutral, below 40 weighs against. “Very attractive” is only possible when no criterion weighs against. Analytical information, not investment advice.
Fundamentals: Strong
Strong fundamentals: a fixed 21 million supply with no issuer, open development and a deep institutional base, offset by concentrated mining pools, thin fee revenue and unfinished quantum-safety work.
Reviewed every 3 months and on major eventsNews: Mixed
Bitcoin gained through August and September 2026 on sustained spot ETF inflows and was on track for a third straight monthly gain. The run was interrupted on 15 September, when the US Senate failed to advance the Clarity Act in a 49-50 procedural vote and BTC slipped nearly 3% to just above $76,000, leaving US market structure legislation stalled.
Reviewed monthly and when something material happens- PositiveBitcoin on track for third straight monthly gain, best September since 2013After a 25% August rise and further September gains, BTC was set for its first positive September following a positive August since 2013, with Q3 up over 40%, signaling strong momentum.
- NegativeUS Senate fails to advance the Clarity Act in a 49-50 procedural vote, short of the 60 neededThe bill would have defined how US regulators treat different crypto assets and given the CFTC oversight of spot markets. Without it, bitcoin's US market rules rest on agency guidance that the SEC chair said is not durable without a law. BTC slipped nearly 3% to just above $76,000.
- PositiveUS spot Bitcoin ETFs extend inflow streak to eight days, topping $2.8BSustained ETF inflows, led by BlackRock's IBIT, pushed August toward the strongest monthly inflow total of 2026, reflecting strong institutional demand for regulated BTC exposure.
- NeutralBIP-110 soft fork attempt begins mandatory signaling with under 3% miner supportSignaling for the proposal to temporarily restrict non-financial data on Bitcoin began at block 961,632 with miner support below 2.5% against a 55% threshold. Supporters plan to enforce the change through node operators rather than miners, which could lead to competing chains.
- PositiveUS executive order establishes a Strategic Bitcoin ReserveThe order creates a reserve funded with bitcoin forfeited to the Treasury, states that these coins are kept as reserve assets rather than disposed of, and allows only budget-neutral strategies for acquiring more.
- NeutralFourth halving cuts the block subsidy from 6.25 BTC to 3.125 BTCAt block 840,000 the block reward paid to miners was halved. The halving coincided with a surge in transaction fees after the launch of the Runes protocol. The next halving is expected in 2028.
- PositiveSEC approves the first US spot bitcoin exchange-traded productsThe approval opened regulated exchange-traded access to bitcoin for US investors, after a US appeals court had vacated the SEC's earlier disapproval of Grayscale's similar filing.
Price & market: Fair zone
Bitcoin trades in line with its own history after a brief pullback, holding above its medium-term trend. The broader structure stays positive, but the current zone shows a thin upside-to-risk balance for the coming weeks. Correction risk has increased modestly, with the area below the current zone now in focus. Overall, the configuration calls for closer attention rather than added exposure.
- Long term
- Against its long-term trend the price sits near its fair level, with the Mayer Multiple near 1.123 and a drawdown from the all-time high of 35.5%.
- Review level
- $77,200
AI-generated analysis for informational and analytical purposes only. Not financial advice or a recommendation to buy, sell, or hold any assets. Full disclaimer
The technical analysis provided by Liberandum is generated using artificial intelligence algorithms and publicly available market data. All information is strictly for informational and analytical purposes only.
It does not constitute financial advice, investment guidance, or a recommendation to buy, sell, or hold any assets. Liberandum assumes no responsibility for inaccuracies, data delays, errors, or third-party interpretations.
Users should independently assess all risks and verify any critical information, consulting qualified financial professionals when necessary.
Technical analysis
4HPointing up since Oct 19.
Where it trades
19 exchanges from our coverage · no referral links
KrakenCentralized · XBT/USDVolume 24h$283.47MReliability7.4Halal productNo halal product
Bitstamp by RobinhoodCentralized · BTC/USDVolume 24h$147.31MReliability7.2Halal productNo halal product
BybitCentralized · BTC/USDTVolume 24h$934.12MReliability7.1Halal productIslamic account
Crypto.com ExchangeCentralized · BTC/USDVolume 24h$472.04MReliability7.0Halal productNo halal product
BinanceCentralized · BTC/USDTVolume 24h$1.99BReliability6.7Halal productShariah-compliant earn
OKXCentralized · BTC/USDTVolume 24h$586.91MReliability6.7Halal productNo halal product
Coinbase ExchangeCentralized · BTC/USDVolume 24h$446.46MReliability6.6Halal productNo halal product
BitvavoCentralized · BTC/EURVolume 24h$40.98MReliability6.5Halal productNo halal product
LunoCentralized · XBT/ZARVolume 24h$3.72MReliability6.5Halal productShariah-compliant earn
UpbitCentralized · BTC/USDTVolume 24h$495.83KReliability6.5Halal productNo halal product
GeminiCentralized · BTC/USDVolume 24h$13.42MReliability6.2Halal productNo halal product
GateCentralized · BTC/USDTVolume 24h$823.86MReliability5.9Halal productNo halal product
BingXCentralized · BTC/USDTVolume 24h$211.36MReliability5.8Halal productNo halal product
WhiteBITCentralized · BTC/USDTVolume 24h$206.22MReliability5.7Halal productNo halal product
KuCoinCentralized · BTC/USDTVolume 24h$539.54MReliability5.6Halal productNo halal product
BitgetCentralized · BTC/USDTVolume 24h$269.22MReliability5.0Halal productNo halal product
MEXCCentralized · BTC/USDTVolume 24h$390.94MReliability4.7Halal productNo halal product
PionexCentralized · BTC/USDTVolume 24h$2.6BReliability4.0Halal productNo halal product
BitfinexCentralized · BTC/USDTVolume 24h$91.36MReliability3.3Halal productNo halal product
No exchanges match this filter
Listings as of Oct 13, 2026
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