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As the new month began, the Bitcoin price opened on a downward trend, slipping below its consolidation range amid rising uncertainty and bearish sentiment in the market. Nevertheless, analysts are identifying a collection of indicators suggesting that a bullish resurgence for the cryptocurrency could be on the horizon. What’s Fueling BTC’s Potential Surge This November? According to experts at The Bull Theory, November is poised to be the most bullish month of the year for Bitcoin, and the supporting numbers are quite compelling. Historically, November has been one of the strongest months not only for US equities but also for the Bitcoin price.  For stocks, it consistently ranks as a top-performing month, while Bitcoin has historically recorded some of its most significant rallies during this time, averaging gains between 40% and 42%. What sets this November apart, however, are the underlying factors at play. Related Reading: Solana Price Drops Below $180 Despite $199M ETF Inflows, What’s Behind the Decline? One of the primary catalysts identified by the analysts is the anticipated end of the US government shutdown, which is expected to conclude this month. While this may seem like a political issue, its financial implications are substantial.  They assert that the resumption of government spending means “billions of dollars” will start flowing back into contractors, projects, and public sectors. This return to fiscal spending acts as a mini liquidity injection into the economy.  Historically, such movements of money have had a positive effect on risk assets, including equities and cryptocurrencies, as capital begins to rotate from the real economy into the financial system. Another significant factor is the planned ramp-up of corporate buybacks. Within the next few weeks, many major companies are expected to restart their buyback programs.  This creates new demand in equities at a time when liquidity is improving, which historically has pushed stock indices higher. Given that cryptocurrencies often track global liquidity cycles, this corporate-driven demand could similarly benefit the crypto market. Bitcoin Price To Reach $160,000? Additionally, the Federal Reserve (Fed) has quietly re-entered the scene, as evidenced by a spike in daily overnight repo loans, which reached $29.4 billion—the highest level in nearly five years.  This significant borrowing indicates that banks are short on dollars and are relying heavily on the Fed. Such activity typically signals stress in the short-term funding market.  Related Reading: Pundit Elaborates On Ripple/SWIFT Theory That Will Send The XRP Price To $1,000 Historically, when repo activity surges, the Fed tends to inject liquidity to stabilize the situation. This influx of capital does not remain isolated within the banking system; it tends to flow through markets, lifting equities and eventually benefiting cryptocurrencies once confidence is restored. Moreover, the US Treasury’s General Account (TGA) balance has surged close to $1 trillion, sitting approximately $150 to $200 billion above normal levels. This capital is currently idle, but once government spending resumes following the shutdown, it is likely to begin circulating again.  If the Bitcoin price performance this November mirrors its historical averages, the analysts anticipate a potential rally of around 40%. Such an increase could see the Bitcoin price reaching the $150,000 to $160,000 range.  Featured image from DALL-E, chart from TradingView.com 

Bitcoin price is gaining bearish pace below $108,800. BTC could continue to move down if it stays below the $109,500 resistance. Bitcoin started a fresh decline below the $109,000 support. The price is trading below $108,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $109,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move down if it trades below the $105,000 zone. Bitcoin Price Dips Further Bitcoin price failed to stay above the $110,000 support level and started a fresh decline. BTC dipped below $109,000 and $108,800 to enter a bearish zone. The decline was such that the price traded below the 76.4% Fib retracement level of the upward move from the $106,310 swing low to the $111,000 high. Besides, there is a bearish trend line forming with resistance at $109,400 on the hourly chart of the BTC/USD pair. Bitcoin is now trading below $108,000 and the 100 hourly Simple moving average. BTC tested the 1.236 Fib extension level of the upward move from the $106,310 swing low to the $111,000 high. If the bulls attempt a recovery wave, the price could face resistance near the $108,200 level. The first key resistance is near the $108,800 level. The next resistance could be $109,500 and the trend line. A close above the $109,500 resistance might send the price further higher. In the stated case, the price could rise and test the $110,000 resistance. Any more gains might send the price toward the $111,500 level. The next barrier for the bulls could be $112,000 and $112,500. More Losses In BTC? If Bitcoin fails to rise above the $108,800 resistance zone, it could continue to move down. Immediate support is near the $106,200 level. The first major support is near the $105,500 level. The next support is now near the $105,000 zone. Any more losses might send the price toward the $104,200 support in the near term. The main support sits at $103,500, below which BTC might struggle to recover in the short term. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $106,200, followed by $105,500. Major Resistance Levels – $108,800 and $109,500.

November has kicked off on a negative note for crypto prices, with Bitcoin (BTC) briefly dipping toward $105,000 on Monday. This decline has sparked a renewed sense of bearish sentiment among investors, and experts caution that conditions could worsen in the coming days. November Deadline Approaches Market expert CryptoBirb recently expressed concerns on social media platform X (formerly Twitter), noting that the market is already ten days into a bearish cycle. According to CryptoBirb, diving into on-chain data, the more alarming the picture appears. Related Reading: Solana Price Drops Below $180 Despite $199M ETF Inflows, What’s Behind the Decline? CryptoBirb’s analysis begins with cycle peak data: it has been 1,078 days since the low in November 2022, which is 101.2% of the crypto cycle complete. Additionally, it has been 563 days since the last Halving, with 45 days remaining within the typical 518 to 580-day peak range.  Alarmingly, the anticipated rally leading to this peak has not materialized, and there are only 17 days left before the window for a peak closes on November 20. Missed breakouts during this time frame have signaled the end of previous bullish cycles. When comparing the current situation to the 2017 cycle, it is noted that Bitcoin reached its peak on December 17, 2017, 1,068 days after its low. With BTC now 1,078 days into the current cycle, the chances of a late top are diminishing with each passing day that the cryptocurrency remains below $113,000.  From a performance standpoint, Bitcoin is down 16% from its all-time high of $126,200 and has only gained 8.2% year-to-date. The market’s leading crypto has faced repeated rejections near the $113,000 to $114,000 range and is currently trading below the 200-day simple moving average (SMA) of $109,882.  Historically, November typically sees an average gain of 17.5%, with positive performance in 10 out of the last 15 years. However, the expert points that when November begins in the red, it often indicates that the cycle is already shifting. Potential Bullish Factors Amid Ongoing Crypto Concerns Adding to this bearish sentiment, DeFi researcher DeFiIgnas has outlined several factors complicating the crypto market’s trajectory. These include what he calls “the speculative nature of the artificial intelligence (AI) bubble,” the failure of bullish news to invigorate crypto prices, uncertainty surrounding entities that collapsed after the October 10 crash, and the cyclical nature of the market.  Additionally, the selling activity from long-term holders and negative crypto exchange-traded funds (ETF) flows contribute to the prevailing concerns. Related Reading: XRP Bear Signal Triggered: Will The Top Altcoin Drop 70-80% From Here? Despite these challenges, DeFiIgnas also identified some potential bullish factors that could foster recovery instead of further declines.  These include easing liquidity and interest rate cuts by the Federal Reserve (Fed), a lack of euphoria in the crypto space, slow but steady institutional adoption, and the potential passage of a US crypto market structure bill.  Historically strong performance in the fourth quarter, stablecoin supply at all-time highs, and a recent US trade deal with China could also provide a counterbalance to the prevailing bearish sentiment. Featured image from DALL-E, chart from TradingView.com 

Bitcoin’s on-chain picture is flashing a rare combination: substantial profits across cohorts, rising realized capitalization, and record network hashrate—yet none of the price-accelerating euphoria that typically marks late-stage bull legs. That is the central takeaway from CryptoQuant CEO Ki Young Ju’s latest thread, which parses holder cost bases, cohort profitability, leverage, and the evolving role of ETFs and corporate treasuries in setting the tape. Is The Bitcoin Bull Run Over? The headline number is startling on its face. “Bitcoin wallets’ avg cost basis is $55.9K, meaning holders are up ~93% on average,” Ju wrote, adding that realized capitalization climbed by roughly $8 billion this week, a clean read that “on-chain inflows remain strong.” Realized cap—an alternative valuation measure that sums coins at their last transacted price rather than today’s market price—has historically served as a lower-variance proxy for true money-at-work. Its continued rise typically implies that fresh cost basis is being set higher on chain, even when spot stalls. So why hasn’t price budged in tandem? Ju’s answer is straightforward: “Price hasn’t gone up because of selling pressure, not because demand was weak.” That framing is consistent with a market digesting gains while liquidity providers and profitable cohorts distribute into strength. It also helps explain the co-existence of healthy inflows with flat price action around the $110,000 handle that Ju cites as the current print. Related Reading: Bitcoin At Key Retest: Bounce Or $98,000 Next? Where the marginal demand is coming from—and where it has slowed—matters. According to Ju, “New inflows mostly come from ETFs and Bitcoin treasury companies, while CEX traders & miners are sitting on ~2x gains.” He broke out estimated cohort cost bases and mark-to-market performance as follows: “ETFs / Custodial Wallets: $112K (-1%), Binance Traders: $56K (+96%), Miners: $56K (+96%), Long-term Whales: $43K (+155%). Current Price: $110K.” If those estimates hold, short-horizon institutional buyers are hovering near breakeven, while long-tenured entities still carry deep embedded profits. That distribution dampens forced selling risk at the very top but also withholds the kind of fresh momentum that typically arrives when new buyers push decisively into the money. Valuation context helps. Ju notes that in pronounced bull phases, market cap tends to outrun realized cap, creating a widening “valuation multiplier.” “When the growth rate gap between market cap and realized cap widens, it shows a stronger valuation multiplier,” he wrote. “Roughly $1T in onchain inflows has created a $2T market cap. The gap seems moderate for now.” A moderate gap is a double-edged signal: not obviously frothy, but also not the kind of exuberant expansion that ends cycles. It complements Ju’s assessment of large-holder positioning: “Whales’ unrealized profits aren’t extreme.” That scenario admits two interpretations he spelled out explicitly: “Hype hasn’t arrived yet—we’re still far from euphoric sentiment.” Or, “This time is different—the market is too big for extreme profit ratios.” Related Reading: Bitcoin At A ‘Do-Or-Die’ Level As Cycle Faces First Real Test: Analyst Perpetuals and collateral flows round out the microstructure picture. Ju highlights a “sharp” drop in BTC moving from spot-focused venues to futures exchanges—an indication that “whales are no longer opening new long positions with BTC collateral as actively as before.” If the marginal long is no longer pledging coins, the market loses a mechanical source of bid intensity and convexity from collateralized positioning. Yet leverage itself has not reset: “Bitcoin perp leverage remains high despite the recent wipeout,” Ju writes, pointing to ratios such as BTC-USDT perpetual open interest relative to exchange USDT balances and to USDT market cap. In simple terms, conviction longs appear less collateral-heavy in BTC, but system-wide leverage, as proxied by perps, remains elevated versus two years ago. That combination can suppress clean trending behavior: fewer collateralized longs to chase upside, but enough leverage in the system to impose choppy liquidations. Hashrate and industrial supply trends complicate the narrative further. “Bitcoin hashrate keeps hitting new highs (~5.96M ASICs online). Public miners are expanding, not downsizing, which is a clear long-term bullish signal. The Bitcoin ‘money vessel’ keeps growing.” Rising hashrate plus expanding public miner fleets typically points to forward investment and confidence in long-run fee and subsidy economics. It does not, however, guarantee short-term price appreciation; if anything, it can expand miner treasury management needs, interacting with market liquidity in ways that are neutral-to-price absent fresh demand. New Demand Push Needed The demand side, in Ju’s read, is presently dominated by two channels: “Demand is now driven mostly by ETFs and Strategy, both slowing buys recently. If these two channels recover, market momentum likely returns.” That is a clean, falsifiable thesis: if primary institutional conduits re-accelerate, spot should regain buoyancy; if they remain tepid, realized cap can still grind higher on steady inflows while price chops as distribution absorbs them. Cohort profitability provides an additional boundary condition for scenarios. “Short-term whales (mostly ETFs) from the past 6 months are near break-even. Long-term whales are up ~53%,” Ju wrote. Historically, cycle tops have often coincided with extreme unrealized profit ratios for dominant cohorts, creating structural sell pressure when every marginal uptick unlocks significant gains. Ju is effectively saying we are not there. At the same time, he cautions that the market’s regime may have already decoupled from the textbook four-year cadence: “In the past, the market moved in a clear four-year cycle of accumulation and distribution between retail investors and whales. Now it’s harder to predict where and how much new liquidity will enter, making it unlikely for Bitcoin to follow the same cyclical pattern again.” Taken together, the thread sketches a market with three defining traits. First, fundamentals of “money in” look resilient: realized cap rising, holders broadly in profit, and network security hitting new highs. Second, microstructure is unspectacular and even a touch cautionary: fewer whales seeding BTC-collateralized longs, while system leverage remains high enough to destabilize clean moves. Third, the demand baton is concentrated in ETF and corporate treasury channels that have recently eased off—the very actors whose re-acceleration could reignite momentum. At press time, BTC traded at $107,609. Featured image created with DALL.E, chart from TradingView.com

Bitcoin price is again declining below $110,000. BTC could continue to move down if it stays below the $110,000 resistance. Bitcoin started a fresh decline below the $109,500 support. The price is trading below $109,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $109,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move down if it trades below the $107,400 zone. Bitcoin Price Faces Rejection Bitcoin price failed to stay above the $110,500 pivot level and started a fresh decline. BTC dipped below $110,000 and $109,500 to enter a bearish zone. The decline was such that the price traded below the 50% Fib retracement level of the upward move from the $106,312 swing low to the $111,000 high. Besides, there is a bearish trend line forming with resistance at $109,800 on the hourly chart of the BTC/USD pair. Bitcoin is now trading below $109,000 and the 100 hourly Simple moving average. If the bulls attempt a fresh increase, the price could face resistance near the $109,500 level. The first key resistance is near the $109,800 level and the trend line. The next resistance could be $110,500. A close above the $110,500 resistance might send the price further higher. In the stated case, the price could rise and test the $111,200 resistance. Any more gains might send the price toward the $113,500 level. The next barrier for the bulls could be $115,000 and $115,500. More Losses In BTC? If Bitcoin fails to rise above the $109,800 resistance zone, it could continue to move down. Immediate support is near the $107,400 level or the 76.4% Fib retracement level of the upward move from the $106,312 swing low to the $111,000 high. The first major support is near the $106,500 level. The next support is now near the $105,500 zone. Any more losses might send the price toward the $104,200 support in the near term. The main support sits at $103,500, below which BTC might struggle to recover in the short term. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $107,400, followed by $106,500. Major Resistance Levels – $109,800 and $110,500.

Recent on-chain data shows that a relevant class of Bitcoin investors known as long-term holders has continued to move out of their market positions. LTHs Actively Switching To Distribution  In a November 1st post on social media platform X, popular on-chain analyst Burak Kesmeci shared an insight into the prevalent structural bias among Bitcoin’s long-term holders. Kesmeci’s analysis hinges on the Long-Term Holder Net Position Change metric, which tracks the net buying or selling behavior of Bitcoin’s long-term investors over a period of 30 days. Related Reading: Bitcoin At A ‘Do-Or-Die’ Level As Cycle Faces First Real Test: Analyst A positive reading is usually interpreted as a sign that the LTHs are in a net accumulation phase, as there are more market participants within this investor class buying Bitcoin than those who are selling. On the flipside, when the Long-Term Holder Net Position Change metric is negative, it means that the LTHs are in a distribution phase. Kesmeci explained in his post that there has been an increasing amount of momentum towards the sell side of the metric. In the highlighted chart, around 400,000 BTC appears to have been sold off in the past 30 days. Interestingly, the LTHs don’t seem to be easing off on their sales — a behavior which stands equally as a source of concern.  In a case where Bitcoin’s long-term investors do desist from selling their holdings, Bitcoin could put in a local price bottom, as this typically indicates renewed interest and ‘smart money’ positioning for the next cycle. However, if this distribution momentum continues to grow, the premier cryptocurrency could continue towards the downside, as its long-term holders continue to inject more bearish pressure. LTH 2.2% Supply Drop Relatively Modest — Analyst In another X post, crypto pundit Darkfost shed light on the implications of Bitcoin’s LTH behavior shift. According to the analyst, the 2.2% “modest reduction” of Bitcoin LTH supply in October is not much to worry about, especially when compared to the levels seen in 2024.  As of March 2024, Bitcoin’s LTH supply dropped by approximately 5.05%. In December, there was an even higher decline of about 5.2%. Darkfost implied that the present distribution the market is seeing could therefore be a result of early profit taking, where the market could soon see a rebound of the Bitcoin price.  Nonetheless, the long-term holder net position’s trend is one that should be monitored, as a move back towards neutral readings could signal the start of an accumulation phase and subsequent price reversal to the upside. As of this writing, BTC is valued at approximately $110,750, with no significant movement in the past 24 hours. Related Reading: Bitcoin Hidden Setup — Triangle Support, Inverse H&S Signal A Powerful Reversal Featured image from iStock, chart from TradingView

The price of Bitcoin closed the historically bullish month of October on a loss for the first time in seven years. While the month started in typical fashion—on a bullish tear, the intense downturn didn’t begin until October 10, when US President Donald Trump threatened new trade tariffs on China. Now, although the United States and China seem to have found a temporary truce, the cryptocurrency market has been unable to find similar relief. In fact, the latest on-chain data suggests that US investors are still less optimistic about the digital asset market, specifically Bitcoin. Negative Coinbase Gap Premium Coincides With Massive ETF Outflows  In a November 1st post on social media platform X, crypto analyst Maartunn revealed that the world’s largest cryptocurrency has seen extremely low demand in the United States in recent days. The relevant indicator here is the Coinbase Premium Gap, which has entered a deep red territory in the past few days. Related Reading: Bitmine Buys 44,036 Ethereum Worth $166M During Market Dip – Details This on-chain metric measures the difference between the Bitcoin price on the US-based Coinbase exchange (USD pair) and the global Binance exchange (USDT pair). A positive difference indicates that the flagship cryptocurrency has a higher value on Coinbase than on Binance. When the Coinbase Premium Gap is positive, it implies that US-based investors are purchasing Bitcoin aggressively. On the flip side, a negative Coinbase Premium Gap typically indicates heavy selling pressure for the market leader. According to data highlighted by Maartunn, this on-chain metric is back around -$80, reflecting significant selling pressure from the US institutional players. This reduced demand can be seen with the disappointing performance of the US-based spot Bitcoin exchange-traded funds (ETFs) in recent days. Data from SoSoValue shows the Bitcoin ETFs registered a total net outflow of more than $191 million on Friday. This marked the third consecutive day of negative outflows, having seen withdrawals of nearly $500 million each on Wednesday and Thursday. From a historical perspective, a negative Coinbase Premium Gap is often correlated with periods of sluggish or downward movement for the BTC price. Hence, with the current intense selling pressure from large US investors, it is difficult to see the premier cryptocurrency making a strong recovery in the coming days. Bitcoin Price At A Glance As of this writing, the price of BTC sits just above $110,200, reflecting a measly 0.9% jump in the past 24 hours. According to data from CoinGecko, the flagship cryptocurrency is down exactly 1% in the last seven days. Related Reading: Dogecoin Plunges To $0.18 As Whales Sell 440 Million DOGE Featured image by Dall-E, chart from TradingView

After the market-wide downturn on October 10, the Bitcoin price showed no definite direction for the rest of the historically bullish month. At the moment, the premier cryptocurrency is struggling to gather any significant momentum to the upside. However, recent on-chain evaluation suggests that this period of relative silence could represent a springboard for the cryptocurrency’s sustained upswing. Sender/Receiver Ratio Falls To One-Year Low  In a recent Quicktake post on the CryptoQuant platform, pseudonymous analyst CryptoOnchain shared an interesting insight into Bitcoin’s future trajectory, leaning towards a bullish hypothesis in the report. The relevant on-chain indicator here is the Bitcoin Sender/Receiver Address Ratio, which compares the number of active sending (selling) addresses to receiving (buying) addresses. This metric acts as a means to gauge the prevalent market sentiment within a period of time.  Related Reading: Altcoin Season Loading: Bullish Factors That Point To A Massive Surge A high ratio (with a reading above 1) indicates that there are more sending addresses compared to the buying addresses. As a result, there is expectedly greater selling pressure in this market condition. On the other hand, a low ratio (a reading approaching 1 and levels below) reflects the preponderance of buying addresses.  CryptoOnchain reported that Bitcoin’s Sender/Receiver ratio on Binance has recently fallen to 1.34 — its lowest level in the past year. As previously explained, when this ratio falls to levels such as it currently reads, it usually indicates that there are more buying addresses relative to the amount of selling addresses in the market.  This shift in investor leanings typically signals an accumulation phase, where more investors are willing to acquire Bitcoin on exchanges.  Interestingly, the analyst also referenced historical evidence, explaining that periods where this shift in market sentiment occurred often preceded the establishment of local price bottoms. As of late 2024, the Sender/Receiver ratio fell to levels around 1.3, with significant upward movement following suit, and a similar pattern was seen in early 2023. According to CryptoOnchain, this current consolidation phase could signal that the market’s foundation is gaining strength. Thus, if history is anything to go by, Bitcoin’s price could see an immense upward boost in the days to come — one which could sponsor the world’s leading asset to see a fine amount of growth in the mid-term.  Bitcoin Price At A Glance As of this writing, Bitcoin is worth approximately $109,899, reflecting no significant movement in the past day. According to data from CoinGecko, the premier cryptocurrency is down by nearly 2% in the past seven days. Related Reading: Ethereum Support Band Under Pressure — Can Bulls Revive Momentum From $3,700? Featured image from iStock, chart from TradingView

As October comes to a close, Bitcoin (BTC) has disappointed many who had anticipated the month to be a strong one for the cryptocurrency, often referred to as “Uptober” due to its historically positive performance. Instead, Bitcoin finished the month down, creating a gap of approximately 13% from its all-time high.  Historical Trends Suggest Bitcoin Could Rebound Joel Kruger, a market strategist at LMAX Group, noted that while October was a letdown compared to historical trends, it’s essential to contextualize the price movements. He remarked, “Prices have held up well overall, especially after a September that actually bucked the usual weakness.” Related Reading: Coinbase, Strategy Mark Major Profit Surges In Q3: Unveiling The Numbers Notably, on the 6th of this month, the market’s leading cryptocurrency reached an all-time high just beyond $126,000. Additionally, the current downturn has failed to erase the year-to-date gains, with Bitcoin still recording a 55% uptrend during this period. However, according to a recent analysis by Fortune, this October marks the fourth-worst performance for Bitcoin since 2013 and the worst in the past seven years. Bitcoin’s performance lagged behind that of the S&P 500, which saw a gain of roughly 2.3% during the same period.  Despite this under performance, Kruger remains optimistic about Bitcoin’s potential recovery in the upcoming months. “Historically, Q4 has been one of the best periods for crypto performance,” he stated, expressing hope for a push toward record highs for both Bitcoin and Ethereum (ETH) as the year draws to a close. October Challenges The month proved challenging not only in terms of price but also due to significant market events. Adam McCarthy, a senior research analyst at digital market data provider Kaiko, observed that cryptocurrencies entered October tracking gold and stocks at near all-time highs. However, as uncertainty crept into the market, investors did not flow back into Bitcoin as anticipated.  In addition, October witnessed the largest liquidation event in cryptocurrency history, triggered by President Donald Trump’s announcement of a 100% tariff on Chinese imports, alongside threats of export controls on crucial software. Related Reading: dYdX Eyes US Market Entry: Decentralized Crypto Exchange Plans Year-End Debut, Reuters McCarthy commented on the impact of this liquidation, stating, “That washout on the 10th really reminded people that this asset class is very narrow.” He emphasized that even dominant cryptocurrencies like Bitcoin and Ethereum can experience sharp drawdowns, citing instances of 10% declines occurring in just 15 to 20 minutes. Amid these developments, concerns have been raised by several figures regarding the high valuations in equity markets. Jamie Dimon, CEO of JPMorgan Chase, recently warned of a heightened risk of a significant correction in the US stock market within the next six months to two years.  Jake Ostrovskis, head of trading at Wintermute’s over-the-counter desk, noted that participants in the market remain hesitant as they grapple with the implications of the largest liquidation event on record. He added that this caution persists amid ongoing speculation about vulnerabilities that might still exist within the financial system. When writing, BTC was trading at $109,688, losing its nearest support floor of $110,000.  Featured image from DALL-E, chart from TradingView.com 

Bitcoin (BTC) tumbled below the $110,000 level in a sharp move that rattled markets and triggered a wave of short-term panic selling. The sudden decline followed an initial post-Fed volatility spike, as traders reacted to the US Federal Reserve’s 25bps rate cut and announcement of an impending end to quantitative tightening. With uncertainty still lingering, BTC briefly slipped into a risk-off spiral, testing investor conviction and flushing out leveraged positions in the process. Related Reading: $780M Worth of Ethereum Pulled From Exchanges – Biggest Withdrawal Spike in Weeks Despite the market turbulence, several analysts argue this move may represent a classic shakeout, rather than the beginning of a larger breakdown. Historically, Bitcoin has often seen sharp pullbacks immediately before renewed upside momentum, especially during early liquidity-expansion phases. For now, all eyes are on whether Bitcoin can stabilize and reclaim the $110K zone, a level that has repeatedly acted as a pivot throughout the past month. As markets digest the Fed’s decision, the focus turns to whether Bitcoin can wake up from this sudden sell-off and reclaim strength heading into November. PoC Becomes Critical Battleground as Market Signals Indecision According to top analyst On-chain Mind, Bitcoin’s current price structure is being defined by a major volume cluster centered around $117,000, which now serves as the Point of Control (PoC) in the local market profile. This level represents the price zone with the highest traded volume in the recent range — effectively the point where buyers and sellers have shown the strongest interest and where the market has spent considerable time balancing liquidity. In practical terms, the PoC functions as a fair value zone for market participants. When the price trades below it, bulls need to reclaim the level to regain trend strength; when the price trades above it, the zone tends to act as support. Today, BTC remains beneath the $117K PoC, signaling that the market has yet to re-establish bullish dominance after the recent shakeout. On-chain Mind notes that reclaiming $117K would likely trigger renewed momentum, opening the door for a retest of the $120K–$123K range. Until then, however, the structure remains indecisive, with price hovering in a neutral zone where neither bulls nor bears hold a clear advantage. This aligns with broader market behavior: reduced leverage, mixed sentiment, and trader caution following aggressive liquidations earlier in October. The market is digesting macro shifts, recalibrating position sizes, and waiting for a clearer signal. If Bitcoin can stabilize above recent support and begin rotating back toward the PoC, reclaiming $117K could mark the moment the next leg up begins. Related Reading: Bitcoin Records Over $300B Spot Volume In October – Investors Shift Away From Leverage Bitcoin Attempts Rebound Above $110K Bitcoin (BTC) is currently trading near $110,180 on the 4-hour timeframe, attempting to stabilize after yesterday’s sharp drop. The price managed to reclaim the $110K level, suggesting buyers stepped in at intraday lows around $108,500, an important local demand zone that has repeatedly supported the price since mid-October. However, the recovery remains fragile, with BTC now approaching a cluster of short-term resistance levels. The 50-period EMA sits just above the current price, and the 100- and 200-period moving averages remain overhead, stacked bearishly. This alignment indicates that momentum has not fully shifted back to the bulls yet. To regain control, BTC must break above $112,000–$113,000, where multiple moving averages converge and prior support now acts as resistance. Clearing this zone would open the path toward the critical $117,500 Point of Control — the key level bulls need to reclaim to re-establish medium-term strength. Related Reading: Ethereum ICO Whale Awakens After 8 Years – 1,500 ETH Sent to Kraken After 8 Years If Bitcoin fails to hold $110K, support lies at $108,500, followed by the deeper liquidity zone around $106,000, where buyers strongly defended price during the October 10 flush. For now, BTC remains in a neutral recovery posture, trying to build a base while navigating overhead pressure from macro uncertainty and recent leverage unwinds. Featured image from ChatGPT, chart from TradingView.com

The crypto community has long referred to October as Uptober, a nickname earned through Bitcoin’s consistent history of strong monthly performances. The trend has been so reliable that the month became synonymous with price surges.  Bitcoin has always closed October in profit over the previous seven years, a record streak unmatched by any other month in its history. However, October 2025 appears to be challenging that reputation. As the month draws to an end, Bitcoin is roughly 4% below its monthly open, and October might finally end in red territory for the first time since 2018. Bitcoin Might Close October In Red Bitcoin’s price opened October at $114,079, and its sentiment was overwhelmingly bullish at the beginning of the month, carrying over a positive 5% monthly close in September. This bullish sentiment saw the leading cryptocurrency break above $126,000 for the first time before finally setting a new all-time high of $126,080 on October 6. The move strengthened hopes that Uptober would live up to its name once again.  Related Reading: Analyst Reveals What Traders Are Missing After The Bitcoin Price Spike To $116,000 However, the bullish momentum cooled off rapidly, with Bitcoin slipping below $120,000 very quickly. By the middle of the month, Bitcoin witnessed a flash crash that caused its price to fall as low as $101,000 in a quick move. As it stands, Bitcoin is now consolidating near $110,000 by late October, and it can only register a monthly close above this level. The last time Bitcoin closed October in the red was in 2018, when it closed at $6,303, which is about 4% below its October open of $6,958. That year was during the height of a prolonged bear cycle, when the crypto market was struggling to recover from the massive 2017 rally. Bitcoin’s price had already suffered consecutive down months, and October’s decline was followed by an even more brutal 36.4% crash in November, the steepest monthly loss in the cryptocurrency’s history. Could November Be Different This Time? The question now is whether Bitcoin might repeat this downtrend in November 2025. If history were to repeat itself, like it always does in the crypto market, a negative October close could precede another correction in November. However, the answer might not be as straightforward.  Related Reading: 100% Of Bitcoin Bull Market Peak Indicators Remain Untouched, Is There Still Room To Run? Unlike in 2018, Bitcoin’s current market structure is supported by several bullish fundamentals. Institutional interest through Spot Bitcoin ETFs, exchange outflows, and on-chain data shows that long-term holders are not selling aggressively. Even as the price is consolidating around $110,000, volatility is lower than during previous market tops, and this indicates a phase of cooling before another breakout.  Even if the month closes in red, the overall bullish trajectory of Bitcoin is intact. Bitcoin continues to hold its dominance and attract capital inflows. The only sure way Bitcoin might end November 2025 in red is if Spot Bitcoin ETFs perform very poorly throughout the month. At the time of writing, Bitcoin is trading at $109,700. Featured image from Pixabay, chart from Tradingview.com

Bitcoin is sitting on its first true make-or-break support of the cycle, and the market is now in what crypto analyst Dom (@traderview2) calls a “fork in the road.” His message is direct: if Bitcoin cannot stabilize and reclaim key levels quickly, the structure that has defined this entire run breaks for the first time — and he’s positioning for downside. “This is the last chance for Bitcoin to hold this level and to push higher,” he said in a live analysis stream on October 29. “If Bitcoin does not see its footing here over the next week or two, I think that this is going to break down. And I think that we’re going to see the mid to low $90,000s again.” Final Stand For Bitcoin’s Staircase Rally Dom’s base case is not a classic crypto winter. He does not expect an 80% wipeout. Instead, he’s warning that the next few days will decide if Bitcoin can defend the “staircase” structure that has held all cycle. If that breaks, he expects a controlled but persistent retrace — not a collapse, but not continuation either. “I don’t think that we’re going into a year and a half bear market like we always have,” he said. “Those are a thing of the past… unless the world goes into a terrible recession like Great Depression type thing.” The key line he’s watching for Bitcoin is roughly the $111,000–$114,000 region, which he referenced in the context of reclaimed resistance and VWAP levels. “If it doesn’t regain that in a quick timeframe, I think we need to get ready for a larger breakdown and that’s going to be sub $100K,” he said. His first target on breakdown is near $98,500, which lines up with what he called the 12-month rolling VWAP — “our bull market band this entire cycle.” Below that, he’s looking at whether buyers step in aggressively or not at all. That reaction, he says, will decide if $95,000 is a local wipeout and reset, or the start of something worse. The reason he considers this moment “do or die” is that, unlike earlier legs in the cycle, Bitcoin is no longer bouncing instantly from support. Throughout the advance, Dom says, Bitcoin followed a single clean pattern: break a major resistance, retest it once, and explode higher. “Any time that we cleared resistance, we held that as support,” he said. “It’s been a perfect pattern throughout the entire cycle.” Related Reading: Bitcoin Crash To $87,600 Looms If This Support Snaps, Warns Veteran Analyst That behavior has now changed. After the October 10 liquidation event and the brief strength around the Fed decision and China headlines, Bitcoin stalled. It broke above resistance, then just sat there for “four or five months,” failed to expand, and is now losing momentum at the exact same level buyers previously defended with urgency. “Somebody does not believe that this is a discount,” he said. “We’ve had so many bounces at the same price and buyers just aren’t interested. What’s going to get them interested? Logically lower prices.” This is classic auction theory for him. In strong uptrends, the first retest of a key level is bought instantly because participants see it as cheap. Now, he says, order flow shows hesitation, not urgency. That is how tops actually form in crypto: not one dramatic candle, but buyers refusing to defend the same level for the fifth time. He also pointed directly to shallow liquidity on major spot books. On Coinbase, he said, “these order books are empty… nobody’s saving us down here.” He described only thin passive bid interest near $100,000 — “that’s only 170 Bitcoin. That’s really not much” — and heavy active sell pressure on Binance. “People are actively market selling… and we don’t have anyone on the other side to absorb that pressure.” His conclusion: this is exactly the setup that precedes fast air-moves lower if a key level breaks. Related Reading: Bitcoin Records Over $300B Spot Volume In October – Investors Shift Away From Leverage That fragility is not hypothetical. Dom says the October 10 crash already proved how dependent crypto still is on a handful of market makers. “We basically slid through an empty order book,” he said. “It proves how fragile crypto really is… If their risk systems say, ‘Hey, we’re not going to quote this,’ markets are going to crash like they did.” No 80% Crash This Time Still, Dom is not in the “cycle is over forever” camp. He thinks the market has changed structurally and that most traders are still using a 2021 mental model in a 2025 market. He argues Bitcoin is now an institutional instrument, not a purely speculative retail instrument. “This right here has been a very steady staircasing kind of growth,” he said. “The difference… is that this was really pushed because of institutions. I think the institutions were the main driver behind this cycle… ETFs launched and we’ve kind of just staircased our way up.” That slow, controlled advance is why he rejects the idea that Bitcoin will repeat the classic -80% drawdown after topping. He calls the new flow “parked money” — capital from ETFs, corporate treasuries, allocators, and “financial advisors, 401k money,” that is not actively panic-selling every 5% move. “They’re not calling you every other day and saying, ‘Oh, you know, it’s down 5%. Let’s sell it,’” he said. He also pointed out that this cycle barely doubled the old all-time high instead of going vertical, and even printed new highs before the halving. In his view, if the upside blow-off was muted and institutional, the downside is likely to be muted and institutional. At press time, BTC traded at $110,280. Featured image created with DALL.E, chart from TradingView.com

Bitcoin mining is entering a new era in Japan, where it’s no longer viewed as an energy drain. The transformation is being spearheaded by Canaan (CAN), a forward-thinking initiative that integrates BTC mining into Japan’s renewable energy ecosystem to balance power demand and supply. This Is How Bitcoin Fits Into National Energy Policy In an X post, crypto analyst TheGentleTraveler has shed light on a significant and innovative development at the intersection of Bitcoin mining and energy infrastructure. CAN (Canaan Inc.) has announced a 4.5 MW smart BTC mining deployment set to power Japan’s energy grid. Related Reading: China’s Bitcoin Mining Isn’t Dead — It’s The World’s No. 3 Contributor According to TheGentleTraveler, CAN has secured a 4.5 MW contract in Japan to deploy its advanced Avalon A1566HA hydro-cooled mining servers for power-grid load balancing and energy-efficiency optimization. The project, which runs in collaboration with a major Japanese utility, will use Canaan’s smart-control chip capable of dynamically adjusting frequency, hashrate, and voltage in real time. This flexibility helps to stabilize the grid amidst rising AI and residential power demand. The GentleTraveler noted that this initiative reflects Canaan’s expanding strategic role, which combines BTC mining with renewable energy and AI infrastructure. Furthermore, it aligns seamlessly with Japan’s recent crypto-asset regulatory reforms. Canaan CEO Nangeng Zhang emphasized that this technology allows utilities to utilize BTC mining as a digital load balancer. Zhang confirmed that similar deployments have already been launched in the Netherlands, with further expansions planned for 2026. Despite this groundbreaking news, CAN’s stock is currently down – 7% after the announcement. This short-term dip is attributed to a combination of the general weakness in the broader BTC sector and the At-The-Market (ATM) announced by Canaan last Friday. How Bitcoin Miners Become Long-Term Investors A key observer in the Bitcoin landscape, GoMining, has stated that every block mined secures the network and strengthens BTC’s role in the modern economy. GoMining has highlighted several standout developments from the past week that collectively underscore this accelerating trend of institutional and sovereign adoption. Related Reading: Bitcoin Miner Selloff: BTC.com Pool Sent 186,000 BTC To Binance In October The expert first draws attention to the strategic actions of mining companies in the US, exemplified by American Bitcoin Corp boosting its reserves to 3,865 BTC. According to GoMining, this is proof that miners are not just securing the network; they are becoming long-term institutional holders. Meanwhile, France’s National Assembly has advanced a bill to create a national BTC reserve, a signal that sovereign adoption is moving from concept to policy. Furthermore, GoMining explains that the public companies now collectively hold over $117 billion in BTC, representing a substantial 38% increase in Q3 alone. Such a surge indicates a growing trend where corporate balance sheets are becoming part of BTC’s security layer. GoMining concluded that every hash is a vote for an open institutional future. Featured image from Pixabay, chart from Tradingview.com

Bitcoin (BTC) has seen heightened volatility following the US Federal Reserve’s decision to cut interest rates by 25 basis points and announce the official end of quantitative tightening (QT) by December 1st. The move marks a pivotal shift in US monetary policy as the central bank signals the beginning of a more supportive liquidity cycle after months of restrictive financial conditions. Traders reacted sharply across risk assets, with Bitcoin initially spiking before retracing as markets reassessed the implications of renewed liquidity and shifting economic expectations. Related Reading: Bitcoin Breaks Above STH Realized Price For The First Time In Weeks – What’s Next? Meanwhile, fresh data from CryptoQuant highlights a powerful underlying trend in the Bitcoin market. October has witnessed a meaningful surge in spot trading activity, particularly on Binance, where participation has climbed sharply. Across major centralized exchanges, Bitcoin spot volume surpassed $300 billion this month, with Binance alone accounting for $174 billion. This makes October the second-highest spot volume month of the year, underscoring renewed trader confidence and a shift toward direct Bitcoin exposure rather than leveraged speculation. This strengthening in spot market flows signals improving market structure and growing conviction among participants. With liquidity expected to increase heading into year-end, investors are positioning for what could be the next major phase in Bitcoin’s macro-driven cycle. Bitcoin Spot Market Strength Signals Healthier Market Structure According to top analyst Darkfost, the recent surge in Bitcoin spot volume underscores a growing wave of participation from both retail traders and institutional players, who have become increasingly active outside leveraged markets. This shift is most visible on Binance, which continues to dominate spot trading across centralized exchanges. Its deep liquidity, global retail base, and institutional pipelines remain unmatched, reinforcing its position as the primary venue for real Bitcoin demand. One key catalyst behind this pivot toward spot exposure was the historic liquidation event on October 10th—the largest in crypto history. The magnitude of that wipeout forced many traders to reassess risk. It became a clear reminder that excessive leverage can amplify losses far more quickly than it generates gains, especially in a market as volatile and structurally reflexive as Bitcoin. In response, market participants appear to have shifted toward a more conservative posture. Choosing to accumulate BTC directly rather than chase high-leverage positions. This trend is meaningful for Bitcoin’s long-term trajectory. A market driven primarily by spot flows instead of derivatives tends to be more stable, more sustainable, and less prone to sudden liquidation cascades. Elevated spot participation also signals genuine organic demand, rather than speculative interest reliant on borrowed capital. Historically, periods where spot volume leads have aligned with structural accumulation phases and strengthened market bottoms. This could be laying the foundation for durable bull cycles. If this rotation continues, Bitcoin may be entering a phase defined by healthier price discovery and stronger investor conviction. Supported by growing liquidity and improved market resilience. An encouraging backdrop as the macro environment shifts in favor of risk assets. Related Reading: Ethereum ICO Whale Awakens After 8 Years – 1,500 ETH Sent to Kraken After 8 Years Bitcoin Price Pulls Back Toward Key Support Zone Bitcoin (BTC) is trading near $110,800 after facing firm rejection at the $117,500 resistance level earlier this week. The 4-hour chart shows BTC rolling over from this supply zone and dropping below the 50-period moving average. Signaling weakening short-term momentum. Price is now testing a critical support range between $110,000 and $111,000, which previously acted as a key demand zone in mid-October. Below current levels, the 100-period (green) and 200-period (red) moving averages sit around $109,500–$108,500, forming a critical confluence of support. If Bitcoin can hold this region, it may reset and attempt another push higher once market volatility settles post-Fed. A decisive break below $108,000 would likely expose BTC to deeper downside. Opening the door to a move toward $105,000 or even $102,500. Related Reading: Tron Shows Bullish Divergence As Active Addresses Surge To 6.2M – Network Demand Explodes On the upside, bulls must reclaim the $113,500–$114,500 area to regain traction. A sustained move above this zone would put $117,500 back into focus. With a breakout, there is potential to fuel continuation toward the $120,000–$123,000 range. Featured image from ChatGPT, chart from TradingView.com

Bitcoin is sitting on a technical ledge that could decide whether price makes a new all-time high or unwinds sharply into the $80,000s, according to veteran trader Josh Olszewicz (CarpeNoctom). “BTC complex iHS brewing in the megaphone,” he posted on October 30, 2025, adding in a follow-up: “Also this brewing, not great.” The Bullish Case For Bitcoin Olszewicz is tracking two structures. The first, on the 6-hour timeframe, shows BTC trading inside a broadening “megaphone” pattern that has contained price since July. The megaphone is defined by rising dotted resistance lines above and falling dotted support lines below. The upper boundary extends through roughly $126,000 to $128,000. The lower boundary widens down toward $105,400 and $103,800. Within that range, Bitcoin put in a sharp spike above $126,000 in early October, then sold off violently, dropping below $106,000s with a wick toward roughly $102,000. That bounce failed to recover the prior range. Instead, price stalled under a horizontal resistance shelf around $116,000–$117,000. Olszewicz sketches a yellow projected path that implies a short-term bounce from just under $111,000 back towards $116,000. That path suggests attempted relief, not confirmed bullish continuation. Related Reading: Bitcoin Cost Basis Map Reveals Key War Zone Between Bulls & Bears Only if Bitcoin can reclaim the $116,000–$117,000 zone does a move toward the upper resistance band come back into play. In that scenario, price could extend toward $128,000, print a new all-time high, and potentially restart a broader recovery phase. The Bearish Case For Bitcoin The second chart is where the downside risk accelerates. On the 1-day timeframe, Olszewicz maps a head-and-shoulders top with a rising neckline. The left shoulder topped in the $118,000 area, the head reached roughly $126,200, and the right shoulder again failed near $116,000. The neckline is drawn as an ascending dotted support line that now sits in the $105,000–$106,000 zone. He highlights $107,316.81 as the key breakdown level. If that neckline breaks decisively, the chart applies a standard measured move. The distance from the head down to the neckline is projected lower. Olszewicz plots that extension into a teal target zone and marks intermediate and full objectives at $93,963.81 (the 1.618 extension) and $87,652.27 (the 2.0 extension). In other words, a clean daily breakdown through $107,316 opens a path first toward the mid-$90,000s and then toward roughly $87,600. Related Reading: November Preview: Will Bitcoin Break The Cycle Or Repeat It? Above spot, resistance remains layered. The 0.5 retracement of the prior impulse is labeled at $115,486, and the 1.0 retracement — effectively the previous swing high — is marked at $124,477. Structurally, Bitcoin is now boxed between supply in the $116,000 region and that neckline supports around $105,000–$106,000. Olszewicz’s message is that bulls may still be trying to form a “complex inverse head-and-shoulders in the megaphone,” but the active daily head-and-shoulders top is “not great.” A decisive loss of the neckline could confirm the bearish structure and put $93,963.81 and $87,652.27 on the table. At press time, BTC traded at $110,096. Featured image created with DALL.E, chart from TradingView.com

Despite recent interest rate cuts by the Federal Reserve on Wednesday, Bitcoin’s price reacted unexpectedly, declining when many anticipated a rise. However, market analyst Crypto Birb has identified ten indicators suggesting a potential surge may be on the horizon. Bitcoin Price Holds Above Key Moving Averages At the time of the expert’s post, BTC traded at $112,000. He pointed that with exchange-traded funds (ETFs) gaining traction and market fear subsiding, the Bitcoin price appears to be consolidating before a significant upward movement, indicating that a breakout is imminent. Currently, the Bitcoin price trades comfortably above the 50-week simple moving average (SMA) of $102,934 and the 200-week SMA of $54,756. The correlation with the S&P 500 stands at -0.02, suggesting that Bitcoin’s movements are largely independent of broader equity market trends.  Related Reading: HYPE Nears All-Time High With HyperEVM Integration, Can Buybacks Sustain the Rally? On the daily chart, Bitcoin is supported by the 200-day SMA at $109,267 and a key trend line at $113,100. The relative strength index (RSI) is neutral at 50, while the average true range (ATR) has decreased to 3,495, indicating a calmer market environment.  In terms of short-term bias, the market shows balance but is not bullish yet. The CTF Trailer indicates a bearish mode with a stop at $115,623, while the higher time frame trailer reflects a bullish mode with a stop at $114,601.  Currently, Bitcoin’s trading range is between $110,000 and $117,800, and this compression indicates that an equilibrium is forming. The next significant movement is expected to occur once this range is broken. Calm Before The Storm? Sentiment within the market appears balanced, with the Fear & Greed Index sitting at 51, which reflects a neutral stance. Crypto Birb asserts that emotions have reset following last week’s spike in fear, creating a stable environment for sustainable price movements. Volatility is also cooling off, with a 50-day volatility of 3,080 and an ATR of 3,495. This contraction in trading range suggests that traders are reloading positions rather than capitulating, and history shows that periods of calm consolidation often precede volatility shocks. On the mining front, the economic landscape is looking favorable, with mining costs at $106,400 and a ratio of 0.94, indicating that miners remain moderately profitable after last week’s compression. Stable costs suggest no immediate pressure for forced selling, and network fundamentals remain solid. Looking at the October outlook, the month-to-date performance shows a minor decline of 0.53%, which is still an improvement over the typical historic October average of 19.78%. This suggests a healthy reset within an otherwise strong seasonal backdrop. A Potential 51% Surge Ahead?  The expert further highlighted that historically, the fourth quarter has been bullish for the Bitcoin price, with an average gain of 51.04% over the past 15 years, resulting in nine winning years. If the current structure holds, Q4 is poised to remain a high-probability accumulation zone. Related Reading: XRP At $1,000 Is Peanuts If Used To Clear US National Debt; Pundit Explains Lastly, data related to Ethereum ETFs indicates a quiet strength beneath the surface, with spot ETF volumes at $147 million and net inflows of $133.9 million. The total assets under management have reached $24.88 billion, and rising liquidity in altcoins complements the ongoing flows into Bitcoin, supporting a narrative of market rotation. At the time of writing, however, the Bitcoin price has retraced back towards $110,439. Yet, still inside its current consolidation range that could result in a new uptrend for the leading crypto.  Featured image from DALL-E, chart from TradingView.com 

Bitcoin price is correcting gains below $112,500. BTC could continue to move down if it stays below the $112,000 resistance. Bitcoin started a downside correction below the $112,000 support. The price is trading below $112,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $111,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move down if it trades below the $108,800 zone. Bitcoin Price Dips Further Bitcoin price failed to stay above the $113,500 pivot level and extended losses. BTC dipped below $112,500 and $112,000 to enter a bearish zone. The decline was such that the price traded below the 61.8% Fib retracement level of the upward move from the $106,718 swing low to the $116,310 high. Besides, there is a bearish trend line forming with resistance at $111,500 on the hourly chart of the BTC/USD pair. Bitcoin is now trading below $112,000 and the 100 hourly Simple moving average. If the bulls attempt a fresh increase, the price could face resistance near the $111,500 level and the trend line. The first key resistance is near the $112,000 level. The next resistance could be $112,500. A close above the $112,500 resistance might send the price further higher. In the stated case, the price could rise and test the $113,200 resistance. Any more gains might send the price toward the $113,500 level. The next barrier for the bulls could be $115,000 and $115,500. More Losses In BTC? If Bitcoin fails to rise above the $112,500 resistance zone, it could continue to move down. Immediate support is near the $110,000 level. The first major support is near the $108,800 level or the 76.4% Fib retracement level of the upward move from the $106,718 swing low to the $116,310 high. The next support is now near the $108,000 zone. Any more losses might send the price toward the $106,500 support in the near term. The main support sits at $103,500, below which BTC might struggle to recover in the short term. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $108,800, followed by $108,000. Major Resistance Levels – $111,500 and $112,000.

The Bitcoin market landscape continues to evolve rapidly, with new developments emerging overnight that are reshaping short-term sentiment and long-term investor positioning across spot and derivatives markets. Price action remains steady, while on-chain and institutional signals are shifting. What Happened With Bitcoin Over The Last 24 Hours? In an X post, a crypto analyst, Luca, has offered insights on Bitcoin’s recent market movement. Over the past 24 hours, several notable developments in the BTC space have occurred. While BTC price action has been moving lower, funding rates have also declined, a combination that suggests long positions are being flushed out of the market. Related Reading: Bitcoin Trades Sideways — Consolidation Above Support Could Fuel Next Upside However, Luca explains that the Open Interest (OI) has actually increased, pointing to something entirely different and signaling that bears are actively doubling down, not bulls getting liquidated. He believes that the recent drop isn’t driven by longs getting flushed, but by aggressive short positioning, as traders are trying to front-run a potential breakdown. Historically, this kind of setup often fuels the next major move up, as excessive short exposure creates the perfect conditions for a short squeeze. A full-time crypto trader and investor, Daan Crypto Trades, has also mentioned that the Bitcoin price action, funding rate, and open interest have barely changed this month. Meanwhile, BTC has remained flat in October, despite reaching its first new all-time highs, and then BTC pulled back up to 20% lower. Daan further highlighted that the neutrality of the funding rate has largely traded at its levels from the past two to three months, particularly dropping back to the level last seen in July, which is the only major change in the movement. This shows that leverage has been reduced, especially compared to when BTC was trading at similar prices in August and September. Bitcoin Derivatives Market Hit The Reset Button The Bitcoin funding flip is officially in, and it might be the signal the market has been waiting for. A popular crypto news source, CryptosRus, has revealed that a negative funding rate has just wiped the market clean. While leverage was flushed out, shorts got paid, and open interest cooled off. This is exactly the kind of deep reset the market needed, and now the sign of recovery is back in the green. Related Reading: Bitcoin Supply In Profit Rises To 83.6% – Market Momentum Building Again However, every time these funding rates flip from negative to positive after a deep reset, BTC starts building momentum again. BTC saw this same move in June and September, which is currently happening again. CryptosRus further noted that since October 22, the funding has been steadily climbing back above zero, but the BTC price has been consolidating. Such a combination feels like the calm before the next big move. Featured image from Pixabay, chart from Tradingview.com

Crypto analyst Adez has revealed what most traders are missing following the Bitcoin price rally to $116,000 earlier this week. The analyst suggested there is no reason to be bullish right now, as BTC is likely to decline further before breaking out to the upside.  What Traders Are Missing From The Bitcoin Price Action In an X post, Adez noted that the Bitcoin price pumped from around $111,000 to $115,500 and that everyone thinks a breakout is happening. However, the analyst opined that the rally was just a trap. He explained that BTC actually swept the Value Area High at $114,600, but the Cumulative Volume Delta (CVD) barely moved.  Related Reading: 100% Of Bitcoin Bull Market Peak Indicators Remain Untouched, Is There Still Room To Run? Adez further revealed that the open interest was completely flat, indicating that zero money came in for the move on Binance. The funding rate was also still at 0.01%, which is “dead neutral,” and nobody was excited about the Bitcoin price rally. In other words, he explained that the breakout happened with no institutional support, no new capital, and no retail FOMO, which is why the analyst believes the move was just a liquidity grab.  As to what happens next, Adez stated that this is a classic pattern after sweeping resistance with weak conviction, which leads to a sharp reversal. He urged investors and traders to watch the next few H4 candles to see if the Bitcoin price rejects back below $114,600, forms a lower low, and the CVD starts dropping.  For a break of structure to be confirmed, the Bitcoin price needs to break below the H1 at 114,839 and then the H4 at 113,560. Once that happens, Adez predicts that there is an 85% probability that BTC will head to the real support between $104,000 and $106,000 within seven to ten days. Notably, BTC has broken these two levels and may now be at risk of dropping to these support levels as the analyst has predicted.  Why This Price Action Is Plausible Adez explained that this Bitcoin price action makes sense because November is historically 60% bullish and that Q4 has averaged 65% wins. However, he noted that these rallies didn’t start from thin air at $115,000. Instead, they start from value zones where institutions can accumulate before BTC rallies.  Related Reading: Here’s How High The Bitcoin Price Would Be If It Catches Up With The Stock Market The analyst highlighted $109,000 as the point of control, while between $104,000 and $106,000 is the Value Area Low, where there are also billions in buy orders. He added that the current Bitcoin price action is floating above real support, which is exactly where smart money dumps before the real move begins.  As such, Adez expects retail to buy the breakout at $115,000 and get stopped out on the reversal. Then, they miss the real entry between $104,000 and $106,000. On the other hand, Smart Money sells into this pump, waits for the sweep down, then loads up at between $104,000 and $106,000 and rides the Bitcoin price rally to above $130,000.  At the time of writing, the Bitcoin price is trading at around $113,000, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Pixabay, chart from Tradingview.com

The second part of the year has seen a notable surge in the US stock market, while Bitcoin (BTC) and the broader cryptocurrency market has faced its share of uncertainty and significant corrections.  With the Nasdaq recently surpassing the 26,000 mark, leading analysts are now suggesting that this milestone could be a clear indicator for Bitcoin to finish the year at new highs. What Historical Patterns Indicate According to experts at The Bull Theory, the pattern observed with the Nasdaq reaching all-time highs typically suggests a flow of liquidity, an increased risk appetite, and a shift of capital into growth assets. As this phase develops, it often sets the stage for Bitcoin’s next significant movement. Related Reading: China Intensifies Crypto Crackdown With Latest Warning Against Stablecoins Data compiled by the analysts supports this assertion. Historically, in the first 30 days following a Nasdaq all-time high, Bitcoin has averaged a gain of approximately 7%. This return tends to grow, reaching about 14% within 60 days and climbing to an average of 25% by the 90-day mark.  This pattern is not merely coincidental; it reflects a capital rotation where liquidity does not disappear but instead shifts from traditional markets into higher-risk assets like Bitcoin.  The current situation appears to follow a similar trajectory. The Nasdaq’s rise to 26,000 indicates a wave of liquidity building beneath the surface. With rate cuts beginning and quantitative tightening coming to an end, global capital is once again seeking yield.  This scenario mirrors the conditions that contributed to Bitcoin’s significant breakouts in previous years, particularly in 2017, 2020, and 2023. As such, the analysts note that the next four to five months may represent an acceleration phase for Bitcoin, coinciding with a potential pause in equities, which could lead to crypto becoming the primary outlet for liquidity.  Bitcoin Poised For Breakout Similar To 2020-2021 Cycle Analysts like Ash Crypto also noted on social media that the BTC/NASDAQ weekly chart is revealing a repeating pattern reminiscent of the 2020-2021 cycle, during which Bitcoin significantly outperformed traditional tech stocks. In both cycles, the October to March timeframe has historically prompted major upward movements.  Related Reading: The Next Chapter For Crypto: Legislative Clarity, Institutional Support Set Stage For Major Growth After a period of consolidation within a rising wedge, the BTC/NASDAQ pair appears poised for another breakout. Should this pattern repeat, Bitcoin may see substantial gains compared to the Nasdaq in the fourth quarter and into early 2026, Ash Crypto noted.  Notably, this sets the stage for a major rally that could see Bitcoin prices surpassing current records of over $126,000. However, the market is still characterized by increased volatility, and there is no clear path ahead for BTC. The leading cryptocurrency is trading at $113,350 after a 2% correction in Tuesday’s trading session, following an initial surge above $115,000. This puts BTC 6.5% below record highs.  Featured image from DALL-E, chart from TradingView.com 

Bitcoin price is correcting gains below $113,500. BTC could continue to move down if it stays below the $114,200 resistance. Bitcoin started a downside correction below the $114,200 support. The price is trading below $114,000 and the 100 hourly Simple moving average. There was a break below a bullish trend line with support at $114,050 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move down if it trades below the $112,000 zone. Bitcoin Price Starts Pullback Bitcoin price extended gains above the $113,500 zone. BTC gained pace for a move above the $115,000 pivot level. The price even spiked above $116,200 before the bears appeared. A high was formed at $116,309 and the price is now correcting some gains. There was a move below the $114,200 support zone. The price dipped below the 23.6% Fib retracement level of the recent wave from the $106,718 swing low to the $116,309 high. Moreover, there was a break below a bullish trend line with support at $114,050 on the hourly chart of the BTC/USD pair. Bitcoin is now trading below $114,000 and the 100 hourly Simple moving average. Immediate resistance on the upside is near the $113,650 level. The first key resistance is near the $114,200 level. The next resistance could be $115,000. A close above the $115,000 resistance might send the price further higher. In the stated case, the price could rise and test the $116,200 resistance. Any more gains might send the price toward the $117,500 level. The next barrier for the bulls could be $118,000. More Losses In BTC? If Bitcoin fails to rise above the $114,200 resistance zone, it could continue to move down. Immediate support is near the $112,000 level. The first major support is near the $111,500 level or the 50% Fib retracement level of the recent wave from the $106,718 swing low to the $116,309 high. The next support is now near the $110,500 zone. Any more losses might send the price toward the $110,000 support in the near term. The main support sits at $108,500, below which BTC might struggle to recover in the short term. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $112,000, followed by $111,500. Major Resistance Levels – $114,200 and $115,000.

A widely shared seasonality snapshot is making the rounds ahead of month-end: a Coinglass heat map of Bitcoin’s monthly returns, reposted by trader Daan Crypto Trades. The table spans 2013–2025 and shows November as the statistical outlier in Bitcoin’s calendar—both for eye-popping gains and for sharp drawdowns in certain years. Bitcoin November Preview “November is Bitcoin’s best month based on historical performance. By far,” Daan wrote on X, pointing to an average November change of +46.02% across the dataset. That figure is visibly distorted by November 2013’s +449.35% surge, the single largest monthly move on the board. He added: “The average gain over all these months is +46.02%. But this is heavily skewed by a single monthly gain in November 2013. Bitcoin went up +449.35%!! that month.” The raw counts back up the reputation without the hyperbole. Out of the 12 Novembers listed (2013–2024), 8 finished green—2013 (+449.35%), 2014 (+12.82%), 2015 (+19.27%), 2016 (+5.42%), 2017 (+53.48%), 2020 (+42.95%), 2023 (+8.81%), and 2024 (+37.29%)—while 4 were negative—2018 (-36.57%), 2019 (-17.27%), 2021 (-7.11%), and 2022 (-16.23%). Related Reading: Bitcoin Fear & Greed Index Returns To Neutral As BTC Breaks $115,000 The median November change sits at +10.82%, a more conservative central tendency that dampens the 2013 effect. Excluding 2013 entirely, the simple average for November drops to roughly +9.35% across the remaining 11 years, underscoring how one month can skew mean-based seasonality. Context from the broader table matters. November’s average is the highest of any month on Coinglass’s grid, ahead of October’s +20.30% average, while December shows a far more mixed profile with a +4.75% average but a -3.22% median—an imbalance consistent with outlier-driven months. September, long maligned by traders, retains a negative average (-3.08%) over the full period. The 2024 row itself captures the push-and-pull of this cycle’s narrative: double-digit gains in February, March, May, October, and November, offset by meaningful drawdowns in April, June, and August, and a negative December print to close the year (-2.85%). Lessons From Prior Cycles Daan’s framing extends beyond simple seasonality. “November & December is when the 2013, 2017 & 2021 cycles topped out. It’s also where the 2018 & 2022 cycles bottomed out,” he noted. That observation lines up with the historical inflection points most market participants remember: the late-2013 mania and subsequent crash, the December 2017 peak, the November 2021 all-time high, and the December 2018 and November 2022 washouts. Related Reading: Bitcoin Bull Run Hasn’t Died—It’s Evolving, Says Galaxy Research Head The Coinglass grid cannot timestamp intramonth highs or lows, but the clustering of major pivots into the final two months of the year is consistent with the market’s folklore and with the returns pattern that shows both exceptionally strong up months and some of the cycle’s most punishing down months in this window. The practical takeaway—again in Daan’s words—is not categorical bullishness, but regime risk: “All in all, an eventful last 2 months of the year generally speaking. Whether it’s on the bullish or bearish side, volatility and big market pivots have been the theme into the end of the year.” The heat map supports that characterization. November’s distribution spans the widest extremes on record—from +449.35% at the top to -36.57% on the downside—with a two-thirds hit rate for green months and a median gain in the low double digits. December, by contrast, has produced both cycle tops and cycle bottoms despite a modest average, a reminder that average and median statistics can obscure the path risk that defines Bitcoin’s fourth quarter. Seasonality is not destiny, and the sample is limited. Still, the data-backed message is clear: as November approaches, Bitcoin’s historical pattern has been less about quiet trend continuation and more about variance—the kind that has marked both euphoric blow-offs and capitulation lows. At press time, BTC traded at $114,487. Featured image created with DALL.E, chart from TradingView.com

The next Federal Open Market Committee (FOMC) meeting is fast approaching, and the bets are already pouring in as to what it would mean for the Bitcoin and crypto industry. The last FOMC meeting took place in September, when the Federal Reserve ended up cutting rates down to 4-4.25% after months of no rate cuts. With this setting the tone, the expectations that another rate cut could be on the way are getting louder, with the FedWatch Tool showing a high percentage. Market Expects Another Rate Cut To 3.75-4% The next FOMC meeting is scheduled for Wednesday, October 29, 2025, and there is already a major clamor around what the Fed is planning on doing. The current market headwinds point to a favorable outcome for risk assets such as Bitcoin and other cryptocurrencies, with expected rate cuts. Related Reading: Here’s What The XRP Open Interest Reset Means For The Price Currently, the CME FedWatch Tool is showing that the probability of a rate cut has risen to 98.3% as of the time of this writing. This leaves only a 1.7% chance that the Federal Reserve will actually leave rates at their current levels, and there is zero chance that there will be a rate hike. A reduction in the rate cuts is good for businesses all around, as lower interest rates mean better loan terms and increased spending and borrowing. Thus, it will increase the participation in the markets, from consumer goods to the stock market, and then make its way into newer markets such as Bitcoin and crypto. Expectations For Bitcoin And Crypto Are Getting Higher A rate cut by the Federal Reserve aligns with the more pro-crypto stance that the United States has been moving in since President Donald Trump was elected. Last week, the president pardoned the Founder and former CEO of the Binance crypto exchange, Changpeng Zhao, after he previously pled guilty to money laundering violations back in 2024. Zhao has since served a 4-month stint before the pardon from Trump came. Related Reading: 100% Of Bitcoin Bull Market Peak Indicators Remain Untouched, Is There Still Room To Run? With the US embracing Bitcoin and crypto again, a rate cut will only further the ascent, allowing more investors to get into the market as liquidity frees up. The initial announcement has been known to trigger a rapid increase in the market. But as the news settles, the crypto market is expected to continue to rise in response. However, nothing is certain until the FOMC meeting is complete and the announcement is made. For the Bitcoin and crypto market to remain bullish, inflation will also have to be reduced, as an increase could trigger more conservative stances from investors. Featured image from Dall.E, chart from TradingView.com

Bitcoin price is consolidating gains above $113,500. BTC could rise further if there is a clear move above the $115,750 resistance. Bitcoin started a fresh upward move above the $114,000 resistance level. The price is trading above $114,200 and the 100 hourly Simple moving average. There is a bullish trend line forming with support at $113,900 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move up if it trades above the $115,750 zone. Bitcoin Price Starts Consolidation Bitcoin price formed a base and started a fresh increase above the $112,500 zone. BTC gained pace for a move above the main hurdle at $113,500. It opened the doors for a move above $115,000 and the 100 hourly Simple moving average. Finally, the price spiked above $116,000 and is currently consolidating gains above the 23.6% Fib retracement level of the recent wave from the $106,718 swing low to the $116,309 high. Besides, there is a bullish trend line forming with support at $113,900 on the hourly chart of the BTC/USD pair. Bitcoin is now trading above $114,000 and the 100 hourly Simple moving average. Immediate resistance on the upside is near the $115,000 level. The first key resistance is near the $115,500 level. The next resistance could be $115,750. A close above the $115,750 resistance might send the price further higher. In the stated case, the price could rise and test the $116,300 resistance. Any more gains might send the price toward the $117,500 level. The next barrier for the bulls could be $118,000. Another Pullback In BTC? If Bitcoin fails to rise above the $115,500 resistance zone, it could start a fresh decline. Immediate support is near the $114,000 level. The first major support is near the $113,500 level or the trend line. The next support is now near the $111,000 zone. Any more losses might send the price toward the $110,500 support in the near term. The main support sits at $108,500, below which BTC might struggle to recover in the short term. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $114,000, followed by $113,500. Major Resistance Levels – $115,500 and $116,500.

The Bitcoin price is positioning for a potentially explosive move that could take it well beyond its previous all-time highs. Analysts are closely watching a critical resistance level near $116,000, which may serve as the final hurdle before BTC catapults into uncharted territory above $126,000.  Analyst Predicts New Bitcoin Price All-Time High Crypto analyst Donny Dicey revealed in an X social media post this week that the $116,000 price level is the decisive zone Bitcoin must breach to confirm a breakout toward a new all-time high. His technical analysis suggests that once BTC achieves a clean break above this resistance area, momentum could swiftly carry it above $126,000.  Related Reading: Here’s How High The Bitcoin Price Would Be If It Catches Up With The Stock Market Notably, Bitcoin set a new ATH on October 6, 2025, after breaking through its previous record above $124,000 and climbing past $126,000. Since achieving this level, the price of BTC has fallen dramatically to $115,000. Dicey’s accompanying chart shows the market steadily recovering after testing support near $108,000, marked as a “market structure break” region, with bullish price action consolidating above $109,000.  The analyst has emphasized that each day Bitcoin maintains a close above $109,000 strengthens the probability of a strong upward swing as the market heads into November. This period coincides with the Federal Open Market Committee’s (FOMC) next meeting, where investors are anticipating dovish signals such as rate cuts or the formal end of Quantitative Tightening (QT). Dicey also notes that bullish S&P 500 earnings, easing global trade tensions from a potential agreement between US President Donald Trump and China’s President Xi Jinping, and improving ISM manufacturing data point to a macro environment supportive of risk assets. A community member commented that whales may have underestimated how much BTC’s demand tends to persist during these conditions. Dicey responded that the same whales might become “exit liquidity” as Bitcoin accelerates higher, possibly missing out on the strongest phase of this cycle.  Consolidation Above January Highs Signal Unbreakable Strength In a follow-up analysis, Dicey highlighted Bitcoin’s remarkable stability above its January highs, describing its price structure as “unbreakable” amid global macroeconomic uncertainty. He pointed to several converging factors that reinforce BTC’s resilience, including ongoing fiscal and monetary expansion, a weakening US dollar, and renewed confidence in the global business cycle.  Related Reading: Bitcoin And Astrology: Moon Cycles Predict When The BTC Price Will Touch $138,000 The analyst also emphasized that geopolitical tensions tied to US-China relations appear to be subsiding. At the same time, ETF inflows and exponential growth in the Artificial Intelligence (AI) sector contribute to acting as tailwinds for digital assets. He disclosed that despite strong underlying fundamentals, skepticism remains widespread in the market. According to him, many still believe in the traditional four-year cycle narrative, while retail enthusiasm has not fully returned. Furthermore, the Russell 2000 index has yet to breakout, and rotation from traditional assets, such as the S&P 500 and gold, into Bitcoin remains limited. With these developments subduing broader market participation, Dicey suggests it creates the perfect setup for a powerful rally in BTC once sentiment shifts decisively. Featured image from Pixabay, chart from Tradingview.com

Over the years, a number of indicators have emerged that have often helped to pinpoint the Bitcoin bull market peak. These indicators have been triggered in previous cycles, and their triggers have often been a signal that it was time to get out of the market, as a new bear market is underway. However, this time around, even with the Bitcoin price hitting multiple new all-time highs, none of these cycle peak indicators have been triggered, suggesting that the market top has yet to be reached. 0 Out Of 30 Bull Market Peak Indicators Triggered The Bull Market Peak Indicator tracker on the Coinglass website follows a total of 30 indicators that follow 30 indicators that show the progress of the Bitcoin bull market toward reaching a top. Some major ones include the Bitcoin Bubble Index, the Puell Multiple, the Bitcoin Rainbow Chart, and the Altcoin Season Index, among others. Related Reading: Trump To Install New Pro-Crypto CFTC Chair? Here’s What We Know So Far Usually, these indicators are tracked on a scale of 0-100%, with 0% meaning that it is far from being triggered and 100% showing that an indicator has been triggered. If only a few of these get to the 100% mark and are triggered, it usually doesn’t mean that the Bitcoin peak has been reached. However, even now, not one of these indicators has been triggered. Most continue to remain quite low, while the likes of the Bitcoin dominance are high, but still have not been triggered. For there to be a definite progress toward the Bitcoin market peak, at least half of these would have to be triggered. What This Means For Investors Since none of the bull market peak indicators have been triggered, it means that the Bitcoin price might actually be far away from its all-time high. With the score still being 0 out of 30, it points to this being a time to hold, despite the declines that the market has suffered recently. Related Reading: Here’s How High The Bitcoin Price Would Be If It Catches Up With The Stock Market According to a previous report from Bitcoinist, this was the case a few months ago, and now two months later, the tracker remains the same. Thus, it could be that $126,000 is not the all-time high for Bitcoin, and that the market could end up getting an altcoin season after all. In the case that more than half of the bull market peak indicators do get triggered, then it means that the top of the market is getting close. Once it gets to 30/30, then it signals the start of the next bear market, and this is when selling is at its highest in the market, leading to rapid price declines across the board. Featured image from Dall.E, chart from TradingView.com

Bitcoin price is attempting to recover above $113,500. BTC could rise further if there is a clear move above the $115,500 resistance. Bitcoin started a fresh recovery wave above the $113,500 resistance level. The price is trading above $114,000 and the 100 hourly Simple moving average. There is a bullish trend line forming with support at $113,350 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move up if it trades above the $115,500 zone. Bitcoin Price Starts Fresh Increase Bitcoin price declined again below the $108,000 level. BTC tested the $106,720 zone and recently started a fresh increase. There was a move above the $112,000 resistance level. The bulls were able to pump the price above $113,500 and the 100 hourly Simple moving average. Finally, the price spiked above $115,000 and is currently consolidating gains above the 23.6% Fib retracement level of the recent wave from the $106,718 swing low to the $115,400 high. Besides, there is a bullish trend line forming with support at $113,350 on the hourly chart of the BTC/USD pair. Bitcoin is now trading above $114,000 and the 100 hourly Simple moving average. Immediate resistance on the upside is near the $115,250 level. The first key resistance is near the $115,500 level. The next resistance could be $116,200. A close above the $116,200 resistance might send the price further higher. In the stated case, the price could rise and test the $117,000 resistance. Any more gains might send the price toward the $118,000 level. The next barrier for the bulls could be $118,800. Another Pullback In BTC? If Bitcoin fails to rise above the $115,500 resistance zone, it could start a fresh decline. Immediate support is near the $114,000 level. The first major support is near the $113,500 level or the trend line. The next support is now near the $111,000 zone. Any more losses might send the price toward the $110,500 support in the near term. The main support sits at $108,500, below which BTC might struggle to recover in the short term. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $114,000, followed by $113,500. Major Resistance Levels – $115,500 and $116,500.

The XRP/BTC monthly chart has finally snapped the long diagonal that’s capped XRP since 2018, and one analyst on X thinks that shift could rewrite the pecking order. Posting under the handle X Finance Bull (XFB), the analyst argued that XRP will soon start to outperform Bitcoin.  This is because the XRP/BTC pair has not only broken out but also retested the trendline as support, and this has certified the start of a new buildup of momentum. Related Reading: XRP Sparks Bullish Frenzy As Top Software Dev Says It Beats ETF Hype Retest Of A Six-Year Breakout Trendline The mid-October flash crash that rippled through the crypto market left a visible mark on the XRP/BTC chart, creating a deep downward wick that momentarily dipped below the long-standing resistance trendline. However, as Bitcoin started to recover to above $110,000, XRP struggled to keep up and lost ground relative to Bitcoin.  Interestingly, price action shows that this move was short-lived, and XRP has started to recover against Bitcoin in recent trading sessions. As shown on the monthly candlestick timeframe chart below, the wick fell to the exact level of the breakout retest, a point where former resistance turned into new support. This breakout occurred in late 2024/early 2025, when XRP outperformed Bitcoin for three consecutive months. From there, the XRP/Bitcoin pair was able to break out of a downward-sloping resistance trendline of lower highs spanning over six years.  Since then, however, 2025 has been characterized by more months of Bitcoin outperforming XRP than months of XRP outperforming Bitcoin, with October falling into the former group of months. Particularly, during the flash crash, the XRP/BTC pair plunged to around 0.000007 before rebounding almost immediately, a move that, according to XFB, represents the long-awaited retest of the broken trendline. XRP/Bitcoin 1M chart. Source: @Xfinancebull Since that retest, XRP has recovered impressively, with the pair maintaining a monthly close above the diagonal that once acted as a ceiling. This technical confirmation signals the completion of the breakout from the 2018 to 2024 downtrend that had defined XRP’s multi-year underperformance against Bitcoin. The monthly structure is now displaying the early signs of an upward shift, with the pair trading around 0.00002258 BTC. XRP To Decouple And Outperform Bitcoin? According to the analyst, XRP is about to undergo a rally that massively outperforms Bitcoin and melts the face of many Bitcoin maximalists. XFB’s chart outlines two target zones ahead for XRP: 0.00014688 BTC and 0.00023009 BTC. The first target corresponds to the consolidation area seen between 2018 and 2019, while the second represents a major resistance cluster from the earlier phase of XRP’s creation. If XRP/BTC rallies to those levels, it would amount to approximately a 6x and 10x gain relative to Bitcoin, respectively. Related Reading: ‘The Best Is Yet To Come’: Ripple President Sees Bright Path Ahead For XRP The analyst also connects the technical setup to Ripple’s growing institutional ecosystem. He pointed to Ripple Prime, GTreasury, Metaco, Standard Custody, and Rail as part of the infrastructure that’s setting up XRP as a bridge asset for global finance. These partnerships give XRP an edge heading into the coming months, as it moves into real institutional utility and starts outperforming Bitcoin. If these developments continue, the incoming decoupling of the XRP/BTC pair could become one of the most significant events for XRP. At the time of writing, XRP is trading at $3.63, up by 3.5% in the past 24 hours. Featured image from Unsplash, chart from TradingView

CryptoWzrd, in his latest daily technical outlook, noted that Bitcoin managed to close in the green, but the candle remains indecisive, signaling that a clear reversal is yet to form. He added that more healthy bullish candles are needed to confirm a shift in momentum. For now, his attention is on the lower timeframes, where he plans to look for the next long opportunity once the current position is secured. Indecisive Daily Close Reflects Market Uncertainty After CPI Data Crypto analyst CryptoWzrd began his analysis by noting the ambiguity in recent price action, stating that the daily Bitcoin candle closed indecisively, although it was green. The primary focus of the past week was the traditional weekly candle close following the release of the US CPI data. Meanwhile, the weekly candle also closed without a clear direction, leaving the overall market structure ambiguous. Related Reading: Analyst Says 55% Chance Bitcoin Bull Run Isn’t Over Yet – Here’s Why The analyst defined a clear condition for the rally to continue. BTC’s ability to push higher is entirely dependent upon holding above the $110,500 resistance level. Maintaining this key floor should generate enough positive momentum to boost the market further upside, targeting the major resistance at $120,000 and potentially higher if conviction remains strong. However, if the price fails to hold $110,500, the market is at risk of declining further. In this scenario, the analyst targets the key technical support level located at $100,000 as the likely floor for the ensuing correction. Regardless of whether Bitcoin executes a bullish or bearish move, the analyst issued a warning regarding the broader market. During the weekend, most altcoins will not forge their own paths but will instead simply mirror the outcome of Bitcoin’s price action. The health of the altcoin market is directly linked to Bitcoin Dominance (BTCD), which the analyst observes as neutral on the daily chart. For altcoins to break free of Bitcoin’s gravitational pull and remain positive, the market requires more structural weakness in BTC.D.  On Choppy Price Action & Ongoing Uncertainty CryptoWzrd concluded the analysis by noting that the intraday chart activity had been “somewhat choppy” throughout the day, suggesting a lack of clear directional momentum in the short term. Despite this recent consolidation, the underlying expectation remains bullish. Related Reading: Standard Chartered Predicts Bitcoin Drop Below $100K Even as Global M2 Growth Turns Bullish Looking ahead, the analyst predicts a further upside move towards the $115,300 resistance in the near future. At this stage, the market has performed its necessary moves, and the next step is simply to wait for the market to play out and confirm the push toward the pivotal $120,000 resistance target. Featured image from Pixabay, chart from Tradingview.com

The US stock market has just achieved a historic milestone, closing at its highest weekly levels ever recorded. The S&P 500 finished the week at 6,791.68 while the US 100 Index reached 25,358.15, both setting new all-time highs. Easing inflation data, strong corporate earnings, and expectations of Federal Reserve rate cuts have all combined to keep investor sentiment bullish. Amid this record-setting environment, crypto analyst Ash Crypto posted an observation on X that asks the question of how high Bitcoin would trade when it finally catches up to the US stock market. US Stock Market’s Record-Breaking Momentum The S&P 500’s record-breaking climb represents a continuation of the stock market’s steady ascent through the second half of the year, which has been boosted by the Fed rate cut in September, expectations of further rate cuts, and confidence in corporate performance. Related Reading: Analyst Says Understanding This Bitcoin Structure Is Like Having A Superpower  The tech-heavy US 100 Index led the charge, climbing past 25,000 for the first time ever this week as large-cap technology stocks posted strong quarterly results. This trend means that the long-running bull trend in traditional markets is intact. However, what is really compelling is the contrast between Wall Street’s all-time highs and Bitcoin’s relative stagnation. After starting October in a breakout move to new all-time highs above $126,000, the leading cryptocurrency went on a flash crash that took many traders by surprise. At the time of writing, Bitcoin is consolidating around $111,000 despite other asset classes showing strength. Ash Crypto’s post argues that Bitcoin’s price is being artificially held back compared to how stocks have responded to the same macro backdrop. If Bitcoin had followed the percentage gains of the S&P 500 or US 100 Index, it could already be trading between $140,000 and $150,000. When Bitcoin Finally Catches Up The first surge of liquidity always appears in the stock market whenever the Fed begins to slow quantitative tightening (QT) or hints at loosening conditions. This is because the stock market is where the deepest capital pools and institutional participation exist. Equities react first because that’s where the credit channels are most established.  Related Reading: Bitcoin Supply In Profit Sees Sharp Decline With Market Crash – Here Are The Numbers Bitcoin is still positioned outside the traditional financial system, and hence, tends to lag this initial move. But once the excess liquidity starts spilling into other assets, Bitcoin’s price has always increased at a much faster pace than stocks. According to Ash Crypto, Bitcoin will catch up soon and hit at least $130,000. Notably, Bitcoin’s on-chain data is already showing signs of the impending surge. For instance, recent figures show that available sell-side liquidity (the total amount of Bitcoin sitting on exchanges ready to be sold) has dropped to just 3.12 million BTC, its lowest point in seven years. Furthermore, data shows that long-term investors have bought 373,700 BTC in the past 30 days.  At the time of writing, Bitcoin is trading at $111,600. Featured image from Pixabay, chart from Tradingview.com