As Bitcoin continues to show a bearish trajectory, the cryptocurrency Fear & Greed Index has fallen to its lowest extreme fear level since March. Bitcoin Fear & Greed Index Suggests Investors Are Extremely Fearful The “Fear & Greed Index” refers to an indicator created by Alternative that tells us about the average sentiment that’s present among traders in the Bitcoin and wider cryptocurrency markets. Related Reading: Chainlink’s Next Major Move Comes After This Range, Analyst Says The index uses the data of the following five factors to determine the investor mentality: trading volume, volatility, market cap dominance, social sentiment, and Google Trends. It then represents the sentiment using a scale running from 0 to 100. All values above 53 correspond to a net sentiment of greed, while those below 47 imply fear in the market. The indicator being between these two cutoffs naturally suggests a neutral mentality among the investors. Besides these three main zones, there are also two “extreme” sentiments: extreme fear and extreme greed. The former takes place below 25 and the latter above 75. Currently, the Fear & Greed Index is in one of these zones. As is visible above, the Fear & Greed Index has a value of 15 at the moment, firmly inside the extreme fear territory. Sentiment among investors was already poor on Wednesday, but this latest value is even worse. The deterioration of sentiment is a result of Bitcoin retracing its recent recovery. While traders may be highly bearish toward the market right now, BTC and other assets don’t necessarily have to live up to expectations. In fact, if history is anything to go by, cryptocurrencies have often shown moves that directly go contrary to the crowd’s opinion. Many major tops and bottoms in the sector have formed alongside a sentiment of extreme greed and extreme fear, respectively. Given this, it’s possible that the latest foray into extreme fear could also lead to a bottom for Bitcoin and others. When that might happen, however, is anyone’s guess. The latest extreme fear sentiment is the strongest since early March, but the low back then didn’t coincide with BTC’s real bottom. That said, Bitcoin did find a temporary turnaround just a few days after, which lasted until the end of the month. In April, the market crashed again, and the Fear & Greed Index declined to a low of 18. This time, the extreme fear sentiment was enough to reignite real bullish momentum. Related Reading: Bitcoin “Arguably Undervalued,” Says Analytics Firm: Here’s Why It now remains to be seen whether the current low in the indicator will be enough for the market to reach a bottom, or if sentiment will worsen still. BTC Price At the time of writing, Bitcoin is trading around $103,100, down 2% over the last 24 hours. Featured image from Dall-E, Alternative.me, chart from TradingView.com
Bitcoin is no longer the speculative playground it once was. What began as a retail-driven movement powered by early adopters and crypto enthusiasts has evolved into a market increasingly shaped by institutional capital, from BTC ETFs absorbing billions in inflows to corporations and hedge funds adding BTC to their balance sheets. Why Institutional Accumulation Has Changed Bitcoin Volatility The narrative around Bitcoin has undergone a fundamental transaction. According to the Arch Network post on X, the institutional participant in Bitcoin is no longer emerging; it’s already established. Spot Bitcoin ETF now holds over 1 million BTC, which is roughly 5% of the total supply. Daily inflows through mid-2025 have averaged between $300 and $500 million, with a cumulative asset close to $60 billion. Related Reading: Bitcoin (BTC) Recovers Past $105K as Shutdown Relief and Whale Buying Fuel Bullish Reversal Furthermore, the reach of this integration is global, with more than half of the world’s top asset managers now having indirect exposure to BTC through these accessible ETF structures. However, while this level of adoption is bullish, a significant challenge is that most of this BTC remains idle in cold storage. This model secures exposure but fundamentally does not generate return. Presently, for the institutions managing trillions in assets, the model is losing relevance. A productive BTC stack that combines robust security with consistent yield generation is becoming the natural next step for capital markets. An ambassador at NEARProtocol and Somnia_Network, Trader Onur, has highlighted that Bitcoin ETF recorded $524 million daily inflows on Tuesday, marking the biggest since the crash. The derivatives market is flashing similar signals that smart money just stacked $8.5 million in BTC longs. This shows retailers are still nervous, but institutions are quietly positioning. If the upcoming Consumer Price Index (CPI) print is favorable, it could set the tone for the year-end momentum. How Flows Can Confirm Or Contradict Market Mood The selling momentum in Bitcoin spot ETF flows has stalled for now. A full-time crypto trader and investor, Daan Crypto Trades, has pointed out that the BTC price has held the $100,000 region for now, as a lot of outflows and bad sentiment have taken place. However, the BTC price is also failing to push higher on the back of it. Related Reading: Bitcoin At A Battleground — This Price Range Will Decide the Next Cycle Phase As Daan noted, ETF flow data is a lagging indicator and useful mostly in hindsight. Nonetheless, when large outflows occur and the price refuses to drop further, it could be considered as short-term bullish absorption. Additionally, when heavy inflows fail to lift the price higher, it can signal local tops. These patterns have played out multiple times in this cycle, and they often occur at the key pivot zones where market direction shifts. Daan believes that it’s still valuable to watch how the price behaves around major ETF in- and outflow days. Featured image from Pixabay, chart from Tradingview.com
Bitcoin price failed to recover above $104,000. BTC is down over 4% and there are chances of more downsides below $98,000. Bitcoin started a fresh decline below $102,000 and $100,000. The price is trading below $100,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $102,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move down if it settles below the $98,500 zone. Bitcoin Price Dips Sharply Bitcoin price failed to stay in a positive zone above the $103,500 pivot level. BTC bears remained active below $102,500 and pushed the price lower. The bears gained strength and were able to push the price below the $100,000 handle. A low was formed at $98,000 and the price is now consolidating losses near the 23.6% Fib retracement level of the recent decline from the $103,999 swing high to the $98,000 low. Bitcoin is now trading below $100,000 and the 100 hourly Simple moving average. Besides, there is a bearish trend line forming with resistance at $102,200 on the hourly chart of the BTC/USD pair. If the bulls attempt another recovery wave, the price could face resistance near the $100,500 level. The first key resistance is near the $101,000 level and the 50% Fib retracement level of the recent decline from the $103,999 swing high to the $98,000 low. The next resistance could be $102,200. A close above the $102,200 resistance might send the price further higher. In the stated case, the price could rise and test the $103,500 resistance. Any more gains might send the price toward the $104,200 level. The next barrier for the bulls could be $105,000 and $105,500. More Losses In BTC? If Bitcoin fails to rise above the $102,200 resistance zone, it could start another decline. Immediate support is near the $98,500 level. The first major support is near the $98,000 level. The next support is now near the $96,500 zone. Any more losses might send the price toward the $95,000 support in the near term. The main support sits at $92,500, below which BTC might accelerate lower in the near 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 – $98,500, followed by $98,000. Major Resistance Levels – $100,500 and $101,000.
On Thursday, the Bitcoin price fell toward the $98,000 mark, with November shaping up to mirror October’s performance as the market’s leading cryptocurrency continues to hit lower lows over the past month, confirming a prevalent downtrend in the market. Bitcoin Price Uncertainty Grows Post-Government Shutdown This downturn is indicative of growing market uncertainty, particularly following President Donald Trump’s signing of a bill that ended the longest government shutdown in US history on Wednesday. Related Reading: Solana at a Breaking Point: Fading Memecoin Hype and Alameda Unlocks Test the $140 Support Zone More concerning, market analyst Ali Martinez has suggested that the Bitcoin price may be forming a head-and-shoulders pattern. According to his analysis, this could set the stage for a significant drop to as low as $83,000. This would represent an additional 15% decline if the pattern holds true. Adding to the worries for bullish investors, Bitcoin has recently fallen below its 200-day simple moving average (SMA), an historical key technical support for the cryptocurrency’s price in bullish cycles. The expert now indicates that a break below this key level during bear markets often leads to significant declines, potentially leading the Bitcoin price under its realized price, currently pegged at $56,200. This would imply that BTC could see a further 42% drop from current trading prices. Crypto Winter Looms Despite the expectation of bullish catalysts such as increased liquidity and potential interest rate cuts by the Federal Reserve, along with positive macroeconomic data, the outlook for the Bitcoin price suggests the possibility of a new bear market. Related Reading: $1.33B Ethereum Whale Just Moved Another $120M USDT to Binance – Details Ali Martinez’s analysis implies that bearish sentiment is gaining momentum, raising concerns about an impending “crypto winter” unfolding for investors once again this year. As of this writing, BTC is trading at $98,150, marking a loss of nearly 13% over the past thirty days and erasing most of the gains it had accumulated throughout the year. In this time frame, it has only posted a 9% gain. Featured image from DALL-E, chart from TradingView.com
Bitcoin continues to consolidate below the $105,000 mark, maintaining stability above the key $100,000 support level despite ongoing market uncertainty. Bulls appear to be losing momentum, yet sellers are showing signs of exhaustion as the price resists further decline. According to top analyst Darkfost, the market has entered a clear deleveraging phase following the major liquidation event on October 10 — a structural reset that is removing excessive leverage from the system. Related Reading: Ethereum Whale Adds $105M To His ETH Position – $1.33B Bought Since Nov 4 Data shows that open interest — the total value of active futures contracts — has fallen by 21% over the past 90 days, marking one of the steepest declines of the cycle. This drop reflects traders reducing risk exposure and liquidations steadily clearing overleveraged positions. Darkfost notes that leverage usage is gradually cooling down, with the current drawdown echoing previous cleansing phases seen in September 2024 and April 2025. Historically, such periods of forced unwinding have preceded new market strength as liquidity stabilizes and speculative excess fades. Deleveraging Signals a Potential Turning Point for Bitcoin Darkfost explains that the current deleveraging phase bears striking similarities to previous corrective periods that ultimately paved the way for major recoveries. During the September 2024 and April 2025 corrections, open interest fell by approximately 24% and 29%, respectively — deep enough to flush out excessive speculation and restore balance across the market. With the current 21% decline in open interest over the last three months, Bitcoin is now approaching those same historical levels of leverage reduction. According to Darkfost, these phases are not necessarily bearish; instead, they serve as healthy resets during bullish market cycles. By forcing overleveraged traders to exit and cooling down speculative behavior, the market is able to rebuild on a stronger, more stable foundation. In past cycles, such unwinding events were often followed by trend reversals once selling pressure eased and new demand emerged. The reduction in leverage also tends to attract long-term investors and institutions seeking lower-risk entry points. If Bitcoin continues to hold its ground above $100K through this period of structural cleanup, it could signal that the worst of the correction is over, setting the stage for a potential new impulse phase once confidence returns. Related Reading: Bitcoin Inflows To Binance Surge: Daily Average Hits 7,500 BTC BTC Tests Support As Consolidation Continues Above $100K The weekly Bitcoin chart shows that BTC remains in a tight consolidation range between $100,000 and $105,000, testing key structural support. The price has repeatedly defended the 100-day moving average (blue line), indicating that despite sustained selling pressure, buyers continue to step in around this psychological zone. The overall trend remains bullish on higher timeframes, with the 200-week moving average (red line) trending upward and well below current price action — a signal that Bitcoin’s long-term market structure remains intact. However, momentum indicators reflect weakness, as BTC struggles to reclaim the $110,000 resistance level that capped previous rebound attempts. Related Reading: Bitcoin STH-MVRV Rebounds From Local Low – Potential Recovery Toward $115K–$120K Trading volume has decreased since the October liquidation event, aligning with Darkfost’s observation that the market is undergoing a deleveraging phase. This lower volume environment suggests investor hesitation but also indicates that forced selling may be nearing exhaustion. A decisive weekly close above $106,000 could confirm renewed bullish momentum, while a breakdown below $100,000 might trigger deeper corrections toward $92,000 — the next major support zone. Featured image from ChatGPT, chart from TradingView.com
Bitcoin is down by 2.1% in the past 24 hours, and its latest decline has come at a moment when many traders expected the opposite. The US government shutdown is already in the process of winding down after weeks of uncertainty, yet the prices of Bitcoin and Ethereum have continued to drift lower and are under pressure. The cryptocurrency market’s inability to rebound notably has led to active debate among traders on X. One of the most vocal views came from a popular trader known as The White Whale, whose remarks express a growing sense of frustration across the crypto community. The Shutdown Isn’t Really Over The White Whale argument is that the crypto market’s price action is yet to rebound because the government shutdown is not truly over. The analyst insinuates that the apparent resolution to the shutdown is far less reassuring than it looks. Related Reading: Adam Beck’s Bitcoin Realization: What Kind Of Money Is BTC? In his view, the government only approved short-term funding so that federal workers get paid through the holiday period, but this leaves the underlying issue unresolved. The temporary nature of the fix means the same uncertainty could come back in just a few weeks, which he believes is preventing markets from reacting positively. The discussion attracted instant responses, including a contrasting view from another commentator, Nara Sumas. Sumas dismissed the idea that the shutdown is the main factor behind price action, noting that markets barely reacted when the shutdown began. The point is that the macro crypto environment is already heavy with weak sentiment, and there is bad news about the markets every day. Therefore, the crypto market’s decline has more to do with those structural conditions than with government drama. Furthermore, the brief uptick earlier in the week was due to exuberance and not anything based on fundamentals. Despite the pushback, The White Whale doubled down on his stance. He maintained that markets do react to shutdowns, but not immediately. Therefore, the delayed downturn is a reaction after it became apparent to investors that the situation wasn’t going to be resolved quickly. What’s Next For The Crypto Market? The path ahead for the crypto market is tied to whether confidence can return after weeks of choppy price action and sentiment. The exchange between traders on X, like the one highlighted above, shows that many are weighing the impact of the temporary government funding deal against the deeper macro issues that have shaped this downturn. Related Reading: Bitcoin Bull Market Peak Indicators Says Hold Despite Crash Below $100,000, What’s Happening? Even though the shutdown is winding down, the uncertainty around what happens next is notable, especially for investors who rely on clear policy direction before taking on additional risk. At the time of writing, Bitcoin is trading at $102,900, down by 2% in the past 24 hours. At the same time, XRP is witnessing a resurgence in interest, as investors are now awaiting the possible launch of a US-based Spot XRP ETF this week. Featured image from Pixabay, chart from Tradingview.com
On-chain analytics firm Santiment has explained how Bitcoin could currently be undervalued based on its 4-year correlation to Gold and S&P 500. Bitcoin Has Underperformed Against Gold & S&P 500 Recently In a new post on X, Santiment has discussed about BTC’s recent trend relative to Gold and S&P 500. Historically, the cryptocurrency has shown some degree of correlation to these assets, but the pattern has shifted lately. Related Reading: Bitcoin Spot Demand Growing For First Time Since Early October: CryptoQuant Head Any two given assets are said to be “correlated” when one of them reacts to movements in the other by showing volatility of its own. As the chart shared by Santiment shows, Bitcoin has diverged from the traditional assets during the last few months. From the graph, it’s visible that Bitcoin has overall gone down 15% since August 11th. In the same window, the S&P 500 and Gold are up 7% and 21%, respectively. Gold has been the clear winner, but the S&P 500 has also at least managed a profit. The same is clearly not true for the number one cryptocurrency, which has gone the opposite way. The different trajectories of the assets would imply that they are no longer correlated or only have a negative correlation. Based on the fact that Bitcoin has shown tight correlation to the two over the last four years, however, the analytics firm has said, “BTC is arguably being undervalued.” It now remains to be seen whether the cryptocurrency’s price will eventually close the gap to the others. In some other news, BTC is trading between two key on-chain price levels right now, as on-chain analytics firm Glassnode has pointed out in an X post. The levels in question are part of the Supply Quantiles Cost Basis Model, which maps out various Bitcoin price levels according to the percentage of the supply that will be in profit if BTC were to trade at them. Bitcoin broke above the 0.95 quantile during its rally to the new all-time high (ATH), meaning more than 95% of the supply entered into a state of unrealized gain. With the drawdown that the coin has faced since then, its price has slipped not just under this level, but also the 0.85 quantile, corresponding to supply profitability of 85%. Related Reading: XRP To $10? Analyst Reveals What Could Be The Spark This level, currently situated at $108,500, could act as a barrier preventing upward breaks. In the down direction, the 0.75 quantile is present as a cushion around $100,600. “These levels have historically acted as support and resistance, with a break of either likely to define the next directional trend,” explained Glassnode. BTC Price At the time of writing, Bitcoin is floating around $105,000, up 2.5% over the last seven days. Featured image from Dall-E, Glassnode.com, Santiment.net, chart from TradingView.com
Bitcoin price failed to recover above $105,000. BTC is trimming gains and might could continue to move down if it trades below $101,200. Bitcoin started a fresh decline after it failed to clear $105,500. The price is trading below $105,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $103,300 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move down if it settles below the $101,200 zone. Bitcoin Price Dips Further Bitcoin price failed to stay in a positive zone above the $105,500 pivot level. BTC bears remained active below $105,500 and pushed the price lower. The last swing high was formed at $107,400 before the price started a fresh decline. There was a drop below the $105,000 and $104,000 levels. The price dipped below the 61.8% Fib retracement level of the upward move from the $99,220 swing low to the $107,400 high. Bitcoin is now trading below $104,000 and the 100 hourly Simple moving average. Besides, there is a bearish trend line forming with resistance at $103,300 on the hourly chart of the BTC/USD pair. If the bulls attempt another recovery wave, the price could face resistance near the $102,500 level. The first key resistance is near the $103,250 level and the trend line. The next resistance could be $103,500. A close above the $103,500 resistance might send the price further higher. In the stated case, the price could rise and test the $105,000 resistance. Any more gains might send the price toward the $105,500 level. The next barrier for the bulls could be $106,800 and $107,000. More Losses In BTC? If Bitcoin fails to rise above the $103,500 resistance zone, it could start another decline. Immediate support is near the $101,200 level and the 76.4% Fib retracement level of the upward move from the $99,220 swing low to the $107,400 high. The first major support is near the $100,500 level. The next support is now near the $100,000 zone. Any more losses might send the price toward the $98,800 support in the near term. The main support sits at $96,500, below which BTC might accelerate lower in the near 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 – $101,200, followed by $100,500. Major Resistance Levels – $103,250 and $103,500.
Bitcoin is entering a consolidation phase, holding steady above the $100,000 mark but struggling to break past $105,000. The market appears to be stabilizing after weeks of volatility, yet on-chain data signals that profit-taking remains active. According to top analyst Darkfost, since the exceptional liquidation event in early October, many investors have started to secure profits and scale back their exposure as the current cycle nears its end. Related Reading: Bitcoin STH-MVRV Rebounds From Local Low – Potential Recovery Toward $115K–$120K Data from CryptoQuant reveals a notable uptick in Bitcoin inflows to Binance. The 30-day moving average of daily inflows has climbed sharply throughout October, showing that, on average, roughly 7,500 BTC are being transferred to Binance every day. This is the highest inflow rate since the March correction, indicating renewed selling pressure and cautious positioning among traders. While such inflows often reflect profit realization and short-term selling, Bitcoin’s ability to consolidate near the $100K level suggests resilient underlying demand. Buyers continue to absorb the supply entering the market, preventing a deeper breakdown — at least for now. As the cycle matures, this phase may prove critical in determining whether Bitcoin stabilizes for another leg up or faces a more prolonged correction. Short-Term Holders Add To Selling Pressure As Bitcoin Consolidates Darkfost explains that the recent surge in Bitcoin inflows to Binance and other exchanges reflects growing selling pressure across the market. Despite this, Bitcoin’s price continues to consolidate relatively cleanly around the symbolic $100,000 level — a sign that existing demand remains strong enough to absorb the increased supply. This balance between distribution and accumulation indicates that the market is undergoing a structural reset rather than a full-blown capitulation. Adding to this dynamic, short-term holders (STHs) have become a major contributor to the ongoing selling pressure. These participants are typically the most reactive segment of the market, responding quickly to volatility and sentiment shifts. With a realized price near $112,000, many STHs have been underwater for about a month, prompting them to send significant amounts of BTC to exchanges at a loss. Historically, this type of behavior has coincided with late-stage corrections — what analysts often call a “cleansing phase.” During such phases, speculative capital exits the market while long-term investors quietly absorb the supply, setting the foundation for renewed stability and potential future growth. If demand continues to offset this wave of short-term selling, Bitcoin could soon form a stronger base above $100,000 — paving the way for a gradual recovery as selling pressure fades and confidence returns. Related Reading: Uniswap Founder Submits Governance Proposal To Burn UNI — Token Jumps 50% Weekly Chart: Holding the Line Above Key Support Bitcoin continues to consolidate within a tight range between $102,000 and $107,000, showing resilience around the critical $100K psychological level. On the weekly chart, BTC remains supported by the 50-week moving average (blue line), which is acting as a strong dynamic floor for price. Despite multiple retests over recent weeks, bulls have managed to defend this level, signaling that underlying demand remains intact even as profit-taking intensifies. The broader structure still points to a healthy long-term uptrend. The 100-week (green) and 200-week (red) moving averages continue sloping upward, confirming that Bitcoin’s macro bias remains bullish. However, the lack of strong volume during recent rebounds suggests that market participants are cautious, awaiting confirmation of renewed momentum before adding to positions. Related Reading: Anti-CZ Whale Flips Bullish On Ethereum: Now Up $15M On A $119.6M Long Position If Bitcoin manages to reclaim the $110K region, it could invalidate short-term bearish sentiment and trigger a recovery toward the $117K–$120K resistance zone. Conversely, a weekly close below $100K would mark a significant technical breakdown, potentially opening the door to a deeper retrace toward $92K–$95K. Featured image from ChatGPT, chart from TradingView.com
Ripple’s Chief Technology Officer (CTO), David Schwartz, has provided a clear explanation for why the Bitcoin price remains so high, currently the most expensive cryptocurrency on the market. Notably, Schwartz’s statement had sparked new discussions across the crypto community. His remarks focused on how people view and use BTC in transactions, revealing a simple economic truth that helps explain the market’s continued confidence in the world’s leading cryptocurrency. Ripple CTO Explains Logic Behind Elevated Bitcoin Price On Tuesday, Schwartz shared his thoughts on X, offering a simple but insightful explanation for Bitcoin’s current price strength. Responding to a community member’s question about why anyone would spend BTC given its potential for future appreciation, Schwartz explained that the reason lies in the asset’s perceived value and future expectations. Related Reading: Why Did The Bitcoin And Ethereum Prices Crash On October 10 And Will It Happen Again? According to the Ripple CTO, when individuals use Bitcoin to pay for goods or services, they are essentially realizing the full expected value of its future growth today. Rather than holding Bitcoin as a long-term investment and waiting for price gains, these users convert its potential into immediate utility. This behavior, he noted, reflects a broader belief in BTC’s enduring value and is one of the primary reasons why the cryptocurrency’s price remains so high. Notably, Schwartz’s remarks followed a conversation that began when Jack Dorsey, co-founder of Square, a business technology company, announced that Bitcoin payments had gone live across the firm’s platforms. Dorsey revealed that Square customers can now pay for services and products using Bitcoin directly, and sellers can choose between multiple settlement options, including BTC-to-BTC, BTC-to-fiat, and fiat-to-BTC transactions. Funds received through Bitcoin payments will be automatically stored in a user’s Square wallet, with self-custody transfer limits of up to $15,000 per day or $50,000 per week. Interestingly, the timing of Schwartz’s explanation comes a month after BTC reached a new all-time high of over $126,000. Compared to other digital assets, Bitcoin is the only cryptocurrency in the six-figure territory, even surpassing traditional investments like gold and major stock indices. While some analysts argue that Bitcoin is overvalued, many investors remain convinced that it could still climb significantly higher in the long term. Bitcoin Price Expected To Rise Even Higher The Bitcoin price is currently sitting above the $100,000 level, but analysts believe it could rise even further. The leading cryptocurrency is hovering near $103,300, experiencing some volatility, which has triggered a nearly 2% dip in the past 24 hours amid whale capitulations. Crypto analyst Joe Francesco noted that Bitcoin had initially surged to $107,000 following a wave of optimism sparked by US President Donald Trump’s proposed $2,000 stimulus plan. Related Reading: New XRP ETF Just Dropped, But Will Anything Be Different This Time? However, the rally proved short-lived, as BTC fell a few days later. Despite the pullback, Francesco has described the cryptocurrency’s chart setup as positive, predicting that Bitcoin could soon break through $107,000, with the potential to reach $115,000 and even $120,000 if upward momentum continues. Featured image created with Dall.E, chart from Tradingview.com
The cryptocurrency market has weathered a challenging period, testing the resolve of the most seasoned investors. After a prolonged period of downward pressure, the Bitcoin Supply-Loss Chart is flashing a possible bottom signal. A Deeper Look At Bitcoin Supply In Loss Chart Bitcoin on-chain data on the loss chart is currently flashing a possible bottom. In an X post, CryptosRus has revealed that the supply in the Loss metric chart tracks the total amount of BTC held by addresses where the current market price is below the average cost basis of those holdings. Essentially, the portion of BTC owners is currently underwater on their investment. Related Reading: Bitcoin To Bottom Out In 300 Days: Top Expert Forecasts $38,000 To $50,000 Price Point As a sentiment indicator, the high levels of supply in the Loss chart typically signal fear, capitulation selling, and potential market bottoms. In addition, the low levels indicate broad profitability and market greed. On April 7, 2025, when BTC traded around $74,508, the supply in loss was 5.159 million BTC. By November 5, 2025, even with BTC rising to $98,966, the supply in loss had also increased to 5.639 million BTC. During mid-2024, a similar situation reportedly occurred, marking the bottom at that time. The expert also outlined particular areas on the chart marked as 3, 4, and 5, which show uncanny similarities. Furthermore, in October 2025, recent lows showed a sharp spike in losses amid volatility, with approximately 30% of supply going underwater. On the chart, the yellow boxes highlight a rapid build-up, which has been a potent precursor to the market bottom. Currently, the supply in the loss has climbed to 28% and 33%, which is equivalent to 5.5 million BTC to 6.5 million BTC, matching the October endpoint on the chart and echoing the correction patterns seen in 2024. CryptosRus concluded that this may bring short-term bearish pressure, but it could flush out the final weak holders, opening the way for a bounce in Q4 and Q1 2026. The Accumulation Phase Before The Breakout Bitcoin has experienced three major corrections in this cycle, and each one has eventually led to a new all-time high after months of conviction. According to an analyst known as 0xBossman, this correction is no different, and each of these corrections has been brutal in its own way. BTC’s market flushed out the leveraged traders, resulting in them losing it all. Related Reading: Bitcoin Bull Market Peak Indicators Says Hold Despite Crash Below $100,000, What’s Happening? Meanwhile, the boredom that comes as a result of these corrections is what has led to the bearish sentiment. The market feels indecisive, and altcoins have bled. Thus, 0xBossman advised that traders should step back and realize that this consolidation will end with a massive green candle. Featured image from Getty Images, chart from Tradingview.com
A new technical report from China’s National Computer Virus Emergency Response Center (CVERC) has revealed shocking details about one of the largest Bitcoin hacks in history, which points to a hidden power struggle between China and the United States over $15 billion in Bitcoin. The stolen Bitcoin stayed untouched for four years, which blockchain experts say is unusual for typical hackers. Now, both China and the US are pointing fingers, with some analysts suggesting the US government may have secretly seized the coins. China’s 2020 Bitcoin Hack Raises Questions About US Government Involvement LuBian was a fast-growing Bitcoin mining pool launched in 2020, mainly operating in China and Iran. In late December 2020, hackers attacked its system and stole over 90% of its Bitcoin, matching almost exactly the 127,271 BTC later claimed by the US Department of Justice (DOJ). Related Reading: XRP Set To Lead The Next Bull Rally: Crypto Research Firm Blows The Lid Open Soon after the theft, Chen Zhi, chairman of Prince Group in Cambodia, and his team sent over 1,500 messages on the Bitcoin blockchain, embedded in small transactions, begging the hackers to return the funds and offering a ransom. The hackers never responded. The stolen Bitcoin remained in a single wallet from 2020 until mid-2024, an unusual move, as most hackers move stolen coins quickly. Blockchain experts say this behavior suggests a carefully planned state-level operation. Who Really Controls The 127,000 BTC? In June 2024, the stolen Bitcoin finally moved again to new addresses, which well-known blockchain-tracking companies, including Elliptic and Arkham Intelligence, have identified as being under US government control. Then, on October 14, 2025, the US DOJ announced that it had seized 127,000 Bitcoins from Chen Zhi and charged him with financial crimes. Chinese experts, however, claim these are the same coins stolen from LuBian in 2020, suggesting that the US government may have controlled them years earlier. According to the CVERC report, the unusual behavior of the stolen coins remaining dormant for four years suggests that possible state-level operations are now intersecting with the DOJ’s legal case against Chen. Related Reading: Here Are The Bitcoin Whales That Have Been Dumping BTC And Crashing The Price Blockchain analysis reveals that all 25 Bitcoin wallet addresses mentioned in the US DOJ indictment correspond to the addresses involved in the 2020 hack. Only a tiny fraction of the stolen Bitcoin was ever moved before 2024, highlighting the unusual, state-level nature of the operation. The report further suggests that the US may have acquired the stolen funds long before announcing the seizure, possibly even participating in or benefiting from the original hack. Chinese analysts argue that this appears to be a “state-level double-cross”, where one government used hacking tools to seize digital assets under the cover of law enforcement. Meanwhile, the US DOJ has not explained how it obtained Chen Zhi’s private wallet keys or why those wallets exactly match the stolen LuBian funds, leaving the question of accurate control unresolved. Featured image created with Dall.E, chart from Tradingview.com
The Bitcoin dominance has remained quite high over the last year, holding firmly above 50% and preventing altcoins from making any meaningful recovery. Even now, the dominance has climbed close to 60%, showing that Bitcoin is still determining the direction of the entire market. However, there has been a development that could change the trajectory of the Bitcoin dominance and put altcoins in the spotlight once again, highlighted by crypto analyst Unichartz. Bitcoin Dominance Breaks Below 50 EMA Since 2023, the Bitcoin dominance has remained firmly above the 50-Day Exponential Moving Average (EMA), showing immense strength around this level. Even through market crashes, the digital asset has maintained its dominance, and with each passing year, the trendline has continued to rise. As long as the Bitcoin dominance stayed above the 50 EMA, it showed it would continue to dominate, but this is changing now. Related Reading: Shiba Inu Derivatives Market Is Taking Off Again, But What Does This Mean For Price? According to the post by Unichartz, it shows that the Bitcoin dominance has now crashed below the 50-Day EMA for the first time in almost one year. This comes as the dominance lost its footing above 60% and has failed to reclaim its position above it. Naturally, there has been an attempt to reclaim the 50-Day EMA once again. However, this attempt failed after the brief surge above 63% in early October was thwarted by the market-wide crash on October 10. Since then, the dominance has remained below the 50 EMA and has now spent a full consecutive month below this critical level. What This Means For The Crypto Market Historically, the altcoin season has only begun when the Bitcoin dominance has seen a decline. This trend has held strong through the years, and even through the current cycle, has prevented the rise of another altcoin season. Related Reading: Dogecoin Does Not Have Potential For A Strong Move Upward, Analyst Says However, with the crash below the 50 EMA, the analyst predicts that the Bitcoin dominance is about to see a massive crash. It shows that the dominance will fall below 40% if it fails to reclaim the 50 EMA soon. Such a crash would give room for altcoins to actually run as the focus moves away from Bitcoin. With the Altcoin Season Index sitting at a low 31 at the time of this writing, it shows that a crash in the Bitcoin dominance is sorely needed for altcoins to rise again. However, the analyst explains that if the dominance does reclaim the 50 EMA, then Bitcoin’s lead may be extended for longer before attention rotates back to altcoin. Featured image from Dall.E, chart from Tradingview.com
According to a recent report by Bloomberg, the cybersecurity arm of China has openly accused the US government of orchestrating the theft of approximately $13 billion in Bitcoin (BTC), adding tension to the ongoing cyber relations between the two nations. China Alleges State-Level Operation The incident in question revolves around the theft of 127,272 BTC from the LuBian Bitcoin mining pool in December 2020, constituting one of the most substantial crypto heists in history. Related Reading: Bitcoin To Bottom Out In 300 Days: Top Expert Forecasts $38,000 To $50,000 Price Point The Chinese National Computer Virus Emergency Response Center suggests that this large-scale hack was likely a planned “state-level hacker operation” orchestrated by the US. The agency points to the discreet and delayed movement of the stolen Bitcoin as indicative of governmental involvement rather than typical criminal behavior. The report further links the Bitcoin from LuBian, a former Bitcoin mining firm, to tokens seized by the US government, which authorities claim are linked to Chen Zhi, the chairman of the Cambodian conglomerate Prince Group. Chen Zhi had been accused by the US of participating in a wire-fraud conspiracy and running a money-laundering scheme in October. Notably, details on when and how the Bitcoin was confiscated by the US remain undisclosed. The narrative put forth in the report suggests that the US government might have employed hacking tactics as early as 2020 to appropriate the 127,000 Bitcoin associated with Chen Zhi, characterizing the operation as an example of a “black eats black” maneuver orchestrated by a state-level hacking entity. Bitcoin Forfeiture Fallout Federal prosecutors involved in the Chen case have refrained from disclosing the methods used to gain control of the Bitcoin, following the Department of Justice’s civil forfeiture complaint seizing the 127,271 BTC, which stands as the most substantial forfeiture action undertaken by the US government. Recent statements from the Chinese government have highlighted a growing trend of accusing the American government of engaging in hacking activities. Related Reading: Crypto Treasuries Shift Focus From Bitcoin And Ether To These Lesser-Known Altcoins Earlier this year, China asserted that the US exploited vulnerabilities in Microsoft Exchange servers to target Chinese companies. Just last month, China alleged that it possessed undeniable evidence of a US cyber attack on the National Time Service Center. In response to the allegations, a lawyer representing Chen Zhi has filed a request for additional time in a US court to allow for tracing of the stolen BTC from LuBian. The attorney, Matthew L. Schwartz has criticized the government’s claims against Chen as being “seriously misguided.” Schwartz, who serves as counsel to Mr. Chen and the Prince Group, stated that they are collaborating with cryptocurrency experts to trace the Bitcoin seized over a year ago and stolen back in 2020. T At the time of writing, BTC was trading at $102,550, recording losses of 3% in the 24-hour time frame. Featured image from DALL-E, chart from TradingView.com
Bitcoin is currently locked in a decisive struggle at a make-or-break resistance zone. After a strong attempt to push higher, BTC was rejected and has retreated to a pivotal support area. The next few sessions are crucial: bulls must quickly reclaim the critical overhead resistance, or risk triggering a wider market retreat back toward lower support levels. Battle At Resistance: Can Bitcoin Reclaim $107,000–$108,000? In a recent update, Crypto Candy noted that Bitcoin’s price action continues to unfold largely as anticipated, maintaining strength and structure across key levels. After enduring a volatile period, BTC held firmly within the $99,000–$101,000 support zone. This strong defense from buyers set the stage for a rebound toward the upper resistance area around $107,000–$108,000. Related Reading: Bitcoin Valuation Reset: MVRV Slides Into Macro Correction Territory — What This Means At present, the $107,000–$108,000 range is acting as a critical barrier, and Bitcoin’s ability to reclaim this zone could determine its short-term direction. The current consolidation suggests a tug-of-war between bulls and bears, with buyers aiming to push for a breakout, while sellers are attempting to cap further upside. The outcome of this battle may set the tone for the next decisive move in the market. If the current momentum fails to hold, Crypto Candy suggests a pullback to lower levels could follow, giving bears another short-term edge. However, Crypto Candy added that if Bitcoin successfully reclaims the $107,000–$108,000 range, the market could shift back in favor of the bulls. Such a breakout would likely trigger renewed buying pressure, potentially driving the price higher toward the $116,000–$118,000 zone or even beyond. BTC Faces Rejection At Resistance, Support At $105,000 In Focus Presenting an outlook, Crypto VIP Signal revealed that BTC has recently reached a key resistance area but was immediately rejected on its first attempt. This initial failure suggests that a significant pocket of selling pressure is positioned at that level. Related Reading: Bitcoin Recovery Lacks Conviction, Market Signals Another Pullback Risk Following this rejection, the price has now moved down to the $105,000 support level. The analyst stresses that the market must hold this specific price point, as it represents a crucial line of defense against a deeper pullback. Crypto VIP Signal warns that if there is a decisive break and a close below $105,000, the market could see a significant drop toward the next major support in the $103,000 zone. However, the crypto analyst highlighted that another attempt to retest the initial resistance area is expected in the coming days. This implies the rejection may be a healthy setback before bulls try to breach the critical ceiling again. Featured image from Pixabay, chart from Tradingview.com
Bitcoin price failed to recover above $107,000. BTC is trimming gains and might could continue to move down if it trades below $102,500. Bitcoin started a fresh decline after it failed to clear $107,000. The price is trading below $105,500 and the 100 hourly Simple moving average. There was a break below a bullish trend line with support at $104,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move down if it settles below the $102,500 zone. Bitcoin Price Trims Gains Bitcoin price started a recovery wave above $105,000. BTC recovered above the $105,500 and $106,000 resistance levels. However, the bears remained active near the $107,000 zone. A high was formed at $107,400 and the price started a fresh decline. There was a drop below the $105,500 and $105,000 levels. The price dipped below the 50% Fib retracement level of the upward move from the $99,222 swing low to the $107,400 high. Besides, there was a break below a bullish trend line with support at $104,200 on the hourly chart of the BTC/USD pair. Bitcoin is now trading below $105,000 and the 100 hourly Simple moving average. If the bulls attempt another recovery wave, the price could face resistance near the $104,000 level. The first key resistance is near the $104,750 level. The next resistance could be $105,500. A close above the $105,500 resistance might send the price further higher. In the stated case, the price could rise and test the $107,000 resistance. Any more gains might send the price toward the $107,500 level. The next barrier for the bulls could be $108,800 and $109,500. More Losses In BTC? If Bitcoin fails to rise above the $105,000 resistance zone, it could start another decline. Immediate support is near the $102,800 level. The first major support is near the $102,400 level and the 61.8% Fib retracement level of the upward move from the $99,222 swing low to the $107,400 high. The next support is now near the $101,200 zone. Any more losses might send the price toward the $100,200 support in the near term. The main support sits at $100,000, below which BTC might struggle to recover in the near 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 – $102,500, followed by $101,200. Major Resistance Levels – $104,000 and $105,000.
CryptoQuant’s head of research has revealed how the “Apparent Demand” metric is now showing growth for the first time in more than a month. Bitcoin Apparent Demand Has Flipped Positive Recently In a new post on X, Julio Moreno, head of research at on-chain analytics firm CryptoQuant, has talked about the latest trend in the Apparent Demand for Bitcoin. This metric measures, as its name suggests, the amount of spot demand that’s currently present for the cryptocurrency. Related Reading: XRP To $10? Analyst Reveals What Could Be The Spark The indicator’s value is calculated by taking the difference between BTC’s production and changes in its inventory. “Production” here refers to the amount that miners are introducing into circulation each day. Similarly, the asset’s “inventory” is the amount stashed away in the 1-year inactive supply. Now, here is the chart shared by Moreno that shows how the 30-day sum of the Apparent Demand has changed over the last few months: As displayed in the above graph, the 30-day sum of the Bitcoin Apparent Demand fell into the negative territory last month, suggesting demand for the asset was decreasing. Recently, however, the metric has witnessed a sharp surge back into the positive territory. Thus, it would appear that, for the first time since early October, demand for BTC is growing again. While spot buying demand may be growing now, attention over in the perpetual futures market is down. As on-chain analytics firm Glassnode has pointed out in an X post, the Bitcoin Futures Open Interest has remained at low levels since last month’s leverage flush. The Futures Open Interest here refers to an indicator that keeps track of the total amount of perpetual futures positions related to Bitcoin that are currently open on all centralized exchanges. From the chart, it’s visible this metric saw a huge plunge in October as the drawdown in the BTC price liquidated a large amount of positions. The indicator has remained at its lows since this decline, indicating that there isn’t much speculative buildup happening in the market. “Derivatives activity has slowed materially, mirroring the broader backdrop of subdued market sentiment,” noted Glassnode. Related Reading: XRP Jumps To $2.56 Despite 240% Increase In Profit Taking Another side of the sector where demand has been weak is the US spot exchange-traded funds (ETFs). As the chart shared by Glassnode in a separate X post shows, the US Bitcoin spot ETFs have mostly seen outflows since early October. “This trend points to a broader de-risking phase among ETF investors,” explained the analytics firm. BTC Price Bitcoin has retraced some of its latest recovery as its price has come down to $103,200. Featured image from Dall-E, Glassnode.com, CryptoQuant.com, chart from TradingView.com
Bitcoin’s next chapter is unfolding, and Beyond is constructing a bridge that links BTC’s unmatched security and store-of-value status with the dynamic utility of modern blockchain ecosystems. This is a redefinition of BTC’s role in the global financial architecture, opening pathways for integration that could finally merge the worlds of traditional finance and decentralized networks. Why Interoperability Is The Key To Bitcoin’s Next Phase The crypto world has grappled with a fundamental paradox, and Beyond is building the bridge that Bitcoin has been waiting for. The Founder of DrAlphaweb3 and ordinalcarrots, Dr.OVG, has highlighted that BTC will remain the leading store of value, but in many decentralized finance (DeFi) setups, it is either locked out or wrapped. Related Reading: Bitcoin (BTC) Holds $100K as Investors Move Toward This New DeFi Crypto Project By enabling BTC liquidity to move natively across chains, like layer 1s, layer 2s, and various DeFi protocols, Beyond is set to unleash BTCFi. Specifically, the initiative will enable BTC holders to lend, borrow, earn yield, and deploy their BTC without sacrificing decentralisation and security. This innovation is critical because it will unlock BTC utility as it grows to transition into an active player in the global DeFi economy. Dr.OVG concluded that traders might see some crazy runners, so individuals should position themselves accordingly. A project and protocol writer, Mattcrypted, has also mentioned that BTCFi thrives with seamless UX powered by LayerZero’s Omni-chain Fungible Token (OFT) technology. Meanwhile, Beyond bridges connections with Echoport Ordinals to 140+ chains and 200+ partners for users to move BTC and LSTs effortlessly. With Beyond mainnet set to go live in Q4, the network will support the meta protocol, sidechain wrappers, and L2 integrations. In this innovation, the dual sale structure behind the upcoming project is also designed to deliver bear market-proof valuation for token sales. The combination of a token launchpad and Ordinals participation will ensure wide accessibility during the token sales. On the technical front, EVMs would seamlessly operate as a trusted protocol backed by Animoca Brands and vVv, which is bullish, and Beyond would pioneer BTC connections across the ecosystem. Why Bitcoin Next Chapter Demands Interoperability Bitcoin is not meant to stay siloed. According to a Web3 builder, Jaouad, Beyond is a native BTC L1 interoperability layer that enables seamless movement of any token within Bitcoin while linking the flagship crypto, BRC-20s, Runes, and more to over 100 chains. Related Reading: Big Bitcoin Holders Are Selling, But Few Buyers Are Stepping In As Demand Weakens Jaouad stated that as a Wallchain Quaker, he’s actively grinding on the Beyond Mindshare Leaderboard, as 4% of the total BYD supply is dedicated to contributors, with 2% reserved for Epoch 1, which will wrap up on December 8. “If you are serious about BTCFi, this is the bridge you cannot ignore,” Jaouad noted. Featured image from Pixabay, chart from Tradingview.com
Bitcoin has regained footing after a turbulent week of selling pressure, reclaiming crucial support levels and signaling early signs of recovery. Bulls are cautiously stepping back in, though conviction remains limited as the $110K resistance — a key psychological and technical barrier — has yet to be tested. Related Reading: Anti-CZ Whale Flips Bullish On Ethereum: Now Up $15M On A $119.6M Long Position According to CryptoQuant data, underlying market dynamics suggest that a continuation of current momentum could fuel a potential surge toward $115K. The rebound follows a period of heightened liquidations and bearish sentiment that briefly pushed Bitcoin below $100K, triggering panic among short-term traders. On-chain metrics now show improving stability across several fronts. Spot exchange outflows have increased, suggesting that investors are once again moving BTC into self-custody, a sign of renewed holding behavior. At the same time, derivatives market data indicates cooling open interest and reduced leverage — conditions that historically precede healthier, more sustainable uptrends. Short-Term Holder MVRV Suggests Potential for Bitcoin Recovery Top analyst Axel Adler highlights that Bitcoin’s Short-Term Holder (STH) MVRV ratio has shown early signs of recovery following last week’s sharp correction. On November 7, the metric reached a local low of 0.9124, nearing the lower boundary of its historical range — a zone that has often aligned with short-term market bottoms. As of today, the STH MVRV has climbed to 0.9514, signaling that selling pressure among short-term holders may be easing. This stabilization suggests a potential shift from capitulation to recovery, as traders who bought at higher levels begin to reduce loss-taking behavior. Historically, when the STH MVRV holds above 0.92 and begins trending upward, it often precedes a renewed bullish impulse. Adler notes that if this pattern continues, the metric could rise toward the upper boundary of its range, typically associated with price levels between $115K and $120K. This trend aligns with Bitcoin’s recent technical rebound and improving on-chain sentiment. While further confirmation is needed, maintaining the MVRV above this critical threshold could indicate that the market has absorbed much of the short-term selling pressure — laying the groundwork for a potential recovery phase in the weeks ahead. Related Reading: Ethereum Trading Volume On Binance Surpasses $6 Trillion: A Speculative Frenzy Unfolds Reclaiming Ground After Sharp Correction Bitcoin is showing early signs of recovery after a volatile drop below $100K, reclaiming key technical levels and stabilizing near $105,000. The daily chart shows a short-term bullish reaction following the bounce from the 200-day moving average (red line) — a critical dynamic support level that has repeatedly marked the bottom of corrective phases throughout this cycle. However, the broader trend remains cautious. The 50-day (blue) and 100-day (green) moving averages are above the current price, and both are flattening, signaling that momentum remains weak. A decisive breakout above the $108K–$110K resistance zone is needed to confirm a potential trend reversal and shift sentiment. Related Reading: SharpLink Gaming Wallet Moves Freshly Redeemed Ethereum to OKX – Details If Bitcoin maintains support above $103K and consolidates with rising volume, the next target could align with the $115K region — in line with on-chain signals pointing to a recovery. Conversely, a breakdown below $100K could reopen downside risk toward $95K. Featured image from ChatGPT, chart from TradingView.com
A leading market expert recently hinted at an impending bottom for Bitcoin (BTC), suggesting that within the next 328 days, the cryptocurrency could reach a price range between $38,000 and $50,000. Bitcoin Price Bottom In October 2026 Although Bitcoin’s performance this year has lagged behind US stock markets and gold, it has still managed to achieve notable highs, currently trading nearly 20% below its record peak of $126,000 reached earlier in October. Related Reading: Crypto Treasuries Shift Focus From Bitcoin And Ether To These Lesser-Known Altcoins However, the current market landscape is marked by considerable uncertainty among investors, with fear and selling pressure leading Bitcoin to consolidate just above the $100,000 mark. In a recent social media post on X (formerly Twitter), analyst Ali Martinez expressed confidence in his forecast, anticipating that a bottom may occur around October 2026, implying a potential drop of 51% toward the $50,000 level and approximately 63% down to $38,000 in the most pessimistic scenario. BTC May Have Reached Cycle Top Martinez has observed historical patterns throughout various market cycles. He pointed out that in both the 2015–2017 and 2018–2021 cycles, there were exactly 1,064 days between the bear market bottom and the bull market peak. Related Reading: Bitcoin Price Analysis: Pre-Rally Signals Point To $180,000 Target In Q1 2026 Notably, the current cycle, which began from the November 2022 bottom and led to the recent all-time high of $126,220, is now approaching 1,082 days. This recurring timing structure suggests that Bitcoin may have already reached its cycle top. While Martinez’s assertions do not guarantee an outcome, he stated that these historical patterns reinforce his forecast, while suggesting that the market is entering the “early stages of a post-peak retracement phase.” At the time of writing, the market’s leading cryptocurrency trades at $103,320, recording losses of 3% in the past 24 hours, according to CoinGecko data. Featured image from DALL-E, chart from TradingView.com
As investors navigate a landscape marked by heightened uncertainty, the Bitcoin price is currently trading nearly 20% below its all-time highs. However, a group of analysts has drawn parallels between the present performance and the significant rally observed in 2023. Positive Signals For The Bitcoin Price In a recent update shared on the social media platform X (formerly Twitter), analysts from The Bull Theory highlighted that the Bitcoin price has once again closed a weekly candle above the 50-day Exponential Moving Average (EMA), a critical indicator that has historically supported every major uptrend over the past two and a half years. Related Reading: Dogecoin Price Set For 1,200% Rally To $2.2 In This 3rd Run This EMA level has been tested multiple times, notably in August 2024 and April 2025, where Bitcoin dipped below it briefly before reclaiming the position and entering a new upward trajectory. Currently, a similar pattern appears to be forming. The analysts pointed out that Bitcoin has maintained its position within a multi-year support zone on the Relative Strength Index (RSI). Although momentum has cooled, there are no signs of an impending breakdown, the analysts asserted. In previous instances where the RSI reached this level during the current cycle, it signaled the conclusion of a corrective phase and the onset of expansion. Additionally, the Moving Average Convergence Divergence (MACD) indicator is resetting near its historical reversal zone, a zone that has previously triggered rallies in early 2023, late 2024, and again in the second quarter of 2025. This suggests a potential exhaustion of selling pressure rather than the beginning of a new downtrend. Strong Potential For Future Gains From a structural standpoint, the recent corrective move appears complete. Bitcoin has retraced nearly 20% from its peak of $126,000, aligning perfectly with the average correction size observed in each impulsive wave since the cycle began. When considering the signals from the reclaimed EMA, the RSI support, and the MACD reversal zone, the current structure mirrors setups that preceded major breakouts since 2023. This analysis implies that the market is not on the verge of a breakdown but rather undergoing a necessary reset. Related Reading: Trump Media Takes $55M Hit As Bitcoin Holdings Surge In Value While it is possible that Bitcoin may experience a few weeks of sideways consolidation as it stabilizes above the EMA, similar to the behavior seen after the April 2025 correction, this range could set the stage for the next expansion phase. Looking ahead, the analysts suggest that this could signify the fifth wave of the current market structure, with potential price targets ranging between $160,000 and $180,000 by the first quarter of 2026. Technically, all indicators currently favor continuation rather than collapse. When writing, the Bitcoin price was trading at $106,520, recording a nearly 2% recovery in the 24-hour time frame, according to CoinGecko data. Featured image from DALL-E, chart from TradingView.com
Bitcoin price is attempting to recover above $105,500. BTC could continue to move up if it clears the $107,000 resistance zone. Bitcoin started a decent recovery wave above the $105,000 support. The price is trading above $105,000 and the 100 hourly Simple moving average. There is a bullish trend line forming with support at $104,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move up if it settles above the $107,000 zone. Bitcoin Price Faces Key Resistance Bitcoin price managed to stay above the $102,000 support level and started a recovery wave. BTC recovered above the $103,500 and $104,200 resistance levels. The pair even climbed above $105,500. Finally, it tested the $107,500 resistance zone. A high was formed at $107,400 and the price is now consolidating gains. There was a minor decline below the 23.6% Fib retracement level of the upward move from the $99,222 swing low to the $107,400 high. Bitcoin is now trading above $105,000 and the 100 hourly Simple moving average. If the bulls attempt another recovery wave, the price could face resistance near the $106,600 level. The first key resistance is near the $107,000 level. The next resistance could be $107,500. A close above the $107,500 resistance might send the price further higher. In the stated case, the price could rise and test the $108,000 resistance. Any more gains might send the price toward the $109,200 level. The next barrier for the bulls could be $109,800 and $110,500. Another Decline In BTC? If Bitcoin fails to rise above the $107,000 resistance zone, it could start another decline. Immediate support is near the $104,800 level. The first major support is near the $104,000 level and the trend line. The next support is now near the $103,300 zone or the 50% Fib retracement level of the upward move from the $99,222 swing low to the $107,400 high. Any more losses might send the price toward the $102,350 support in the near term. The main support sits at $102,500, below which BTC might struggle to recover in the near term. Technical indicators: Hourly MACD – The MACD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $104,850, followed by $104,000. Major Resistance Levels – $106,500 and $107,000.
The Bitcoin price, which had been climbing steadily toward new all-time highs, suddenly plunged on October 10, dragging the Ethereum price and the rest of the market with it. According to the latest Binance Research monthly market insights, the crash wasn’t due to weak crypto fundamentals or a loss of investor interest, but to an abrupt flush-out of excessive risky positions following geopolitical shocks and macroeconomic uncertainty. Why The Bitcoin And Ethereum Prices Collapsed Binance Research reports that the October 10 crash occurred as traders sold more than $19 billion in high-risk positions, marking one of the most significant single-day sell-offs in recent crypto history. The drop began soon after US President Trump announced new tariffs on China, which raised trade tensions and sent risk markets into a tailspin. Related Reading: Here’s Why JPMorgan Analysts Are Still Bullish On The Bitcoin Price After Crashing Below $100,000 Bitcoin’s intraday price swings spiked to levels rarely seen, with a Z-score of 3.08, meaning such extreme moves statistically occur only once every 1,000 days. Binance Research notes that the sudden sell-off of high-risk positions pushed Bitcoin down around 4%, while Ethereum fell 8.6%, marking the market’s first negative October since 2018. The macro environment intensified the sell-off. A US government shutdown and a Federal Reserve rate cut in early October, when the Fed trimmed interest rates by 25 basis points but signaled a possible pause for further cuts, had already shaken investor confidence. With economic data flow disrupted and rate policy uncertain, traders sought safety and closed risky positions. Binance notes that overall crypto market capitalization fell 6.1%, indicating a coordinated pullback from high-risk exposure. Will History Repeat Itself Again? Despite the sharp drop, the market recovered quickly. According to Binance Research, total borrowed and high-risk positions, which briefly fell below 5%, rebounded to 5.77% by October 31, marking a 10% recovery and suggesting that traders remain confident in taking risks. Related Reading: New XRP ETF Just Dropped, But Will Anything Be Different This Time? Bitcoin’s market share rose to 59.4%, indicating that investors rotated toward safer options during the market turbulence. Meanwhile, Ethereum continued to attract institutional buyers, with treasury holdings reaching 5% of total ETH supply, demonstrating sustained confidence in its ability to generate returns. Binance’s BVoL index, which tracks expected price swings in crypto options, peaked at 52, far below the year’s high of 88 in March, indicating that investors did not expect a prolonged crash in Bitcoin and Ethereum prices. The analysis highlights that the October 10 crash acted as a reset of risky positions rather than a price trend reversal. The rebound in Bitcoin and Ethereum prices highlights the market’s resilience; however, the return of high-risk positions means another sharp correction could occur if new macroeconomic shocks arise, leaving prices vulnerable to sudden swings. Featured image from Dall.E, chart from TradingView.com
Bitcoin’s price struggled to regain momentum last week, hovering just above the $100,000 threshold after a turbulent start to November. The entire market sentiment is somewhat fragile following heavy selling pressure from large holders, and on-chain data points to major whale movements that may be adding to the downtrend. High-profile entities, including the Winklevoss Twins’ Gemini Custody wallets and early Bitcoin miner Owen Gunden, have surfaced as key players in this wave of transactions that could be influencing Bitcoin’s recent price action. Winklevoss Twins Move Millions In BTC From Gemini Custody According to blockchain data, wallets linked to Winklevoss Capital and Gemini Custody have been consistently transferring large amounts of Bitcoin over the past several months in an ongoing deliberate adjustment of their holdings. These movements have occurred in several phases, often involving sizeable transactions that appear timed. The latest transaction stands out, showing 250 BTC, worth approximately $25.45 million at current prices, moved to a Gemini hot wallet just hours ago. Related Reading: New XRP ETF Just Dropped, But Will Anything Be Different This Time? If these transfers correspond to sales, it would mean that the twins have been methodically unloading their Bitcoin positions over time rather than engaging in sudden bulk liquidations. Cumulatively, they have now effectively liquidated over 9,000 BTC, equivalent to around $900 million, since the start of 2025. This has caused their holdings to fall from roughly 24,000 BTC earlier in the year to under 16,000 BTC right now. Bitcoin OG Owen Gunden Moves Final Holdings Toward Exchanges Another major wallet attracting attention belongs to Owen Gunden, an early Bitcoin miner and Genesis creditor. Data from on-chain analytics platform Lookonchain reveals that Gunden recently initiated large transfers totaling 3,549 BTC (around $361.8 million) in a single transaction just eight hours ago. Related Reading: Pundit Highlights Major Move For XRP And RLUSD, Will Price Follow? The move follows earlier transactions this week, including 3,601 BTC ($372.1 million) sent one day prior. Notably, approximately 600 BTC from these transfers, worth over $61 million, have already been deposited on Kraken, signaling possible liquidation. These movements have reduced Gunden’s total holdings from around 11,000 BTC to nearly zero. Such large transfers to exchange-linked wallets often precede sell orders, contributing to short-term selling pressure. The Gunden transfers, alongside similar large movements like those from the Winklevoss twins, are among several whale sell events recorded in November that have added to Bitcoin’s persistent selling pressure. This trend is apparent in the broader institutional market, where US-based Spot Bitcoin ETFs have also seen sustained outflows. Data shows that Friday of last week closed with $558.44 million leaving these funds. The combined effect of these whale movements presents a concerning outlook for Bitcoin’s short-term trend. However, this weekend has been highlighted by another green weekend for Bitcoin. At the time of writing, Bitcoin is trading at $106,270, up by 4.4% in the past 24 hours. This follows a string of green weekends over the past four weeks, which were immediately reversed on the following monday. Featured image from Dall.E, chart from TradingView.com
Bitcoin price is attempting to recover above $103,500. BTC could continue to move up if it clears the $106,500 resistance zone. Bitcoin started a decent recovery wave above the $103,500 support. The price is trading above $104,500 and the 100 hourly Simple moving average. There was a break above a key bearish trend line with resistance at $102,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move up if it clears the $106,500 zone. Bitcoin Price Recovers 3% Bitcoin price managed to stay above the $101,000 support level and started a recovery wave. BTC recovered above the $102,500 and $103,500 resistance levels. There was a break above a key bearish trend line with resistance at $102,000 on the hourly chart of the BTC/USD pair. The pair even climbed above $105,000. Finally, it tested the $106,500 resistance zone. A high was formed at $106,593 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $99,222 swing low to the $106,593 high. Bitcoin is now trading above $104,000 and the 100 hourly Simple moving average. If the bulls attempt another recovery wave, the price could face resistance near the $106,000 level. The first key resistance is near the $106,500 level. The next resistance could be $107,500. A close above the $107,500 resistance might send the price further higher. In the stated case, the price could rise and test the $108,000 resistance. Any more gains might send the price toward the $109,200 level. The next barrier for the bulls could be $109,800 and $110,500. Another Decline In BTC? If Bitcoin fails to rise above the $106,500 resistance zone, it could start another decline. Immediate support is near the $104,850 level. The first major support is near the $104,200 level. The next support is now near the $103,500 zone. Any more losses might send the price toward the $102,900 support in the near term. The main support sits at $102,500, below which BTC might struggle to recover in the near 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 – $104,850, followed by $104,200. Major Resistance Levels – $106,000 and $106,500.
After a disappointing performance during the week, the price of Bitcoin has continued its sluggish action over the weekend. According to data from CoinGecko, the premier cryptocurrency has been hovering around the $102,000 level over the past 24 hours. While this current choppy price action seems like an improvement from the severe downturn witnessed in recent days, it doesn’t particularly bring calm to the world’s largest cryptocurrency. Interestingly, the latest on-chain data suggests that the Bitcoin price might still be at risk of further correction in the coming days. Why BTC Price Might Find Bottom Around $95,000 In a November 8 post on the social media platform X, on-chain analyst Burak Kesmeci predicted the local bottom for the price of Bitcoin. According to the crypto pundit, the flagship cryptocurrency could fall to as low as $95,000 before seeing relief and perhaps rebounding to new price highs. Related Reading: Ethereum Price Surge To $5,500: What To Watch Out For To Mark The Bottom The relevant metric here is the Realized Price of Unspent Transaction Output (UTXO) age bands, which evaluate the holding pattern of different investor classes through their different realized prices. The UTXO age bands metric tracks the average price at which Bitcoin holders purchased their coins compared to how long they’ve held the assets. The age bands under focus in Kesmeci’s analysis are the 1-week to 1-month group (green line) and the 1-month to 3-month cohort (purple line), which offer insight into short-term holders’ behavior and overall market sentiment. According to the on-chain analyst, the green line has crossed below the purple line three times in 2025. Kesmeci noted that this cross often preceded short-term corrections, including the ones seen on February 24 ($99,000 to $76,000) and September 8 ($117,000 to $109,000). Similarly, this cross occurred on November 1, with the Bitcoin price falling from $110,000 to $99,000. Furthermore, the average dip suffered by the Bitcoin price on these three occasions stands at around 13.3%, with a 45-day consolidation period. Based on this historical pattern, Kesmeci expects the Bitcoin price bottom to form around the $95,000 and $96,000 region after the most recent crossing of the 1-week to 1-month band below the 1-month to 3-month band. Kesmeci concluded: In short, long-term investors are in the red, and this is an undesirable situation for a bull cycle. However, if history repeats itself, Bitcoin may “catch its breath” once more in this region and prepare the ground for a new rise. Bitcoin Price At A Glance As of this writing, the price of BTC stands around $102,440, reflecting a nearly 1% decline in the past day. Related Reading: Bitcoin May Launch Recovery To $120,000 If This Condition Holds – Details Featured image from iStock, chart from TradingView
The price of Bitcoin has struggled so far in the month of November, briefly falling below the psychological $100,000 level twice already. Although the flagship cryptocurrency appears to be in a state of calm this weekend, a recent on-chain evaluation shows the possibility of more price corrections in the short term. Bitcoin Risk-Adjusted Returns See Growing Downturn In a Quicktake post on the CryptoQuant platform, data analytics platform Arab Chain revealed that there seems to be a growing amount of risks for Bitcoin market participants on Binance. This on-chain observation revolves around the Bitcoin Sharpe Signal metric on Binance, which tracks the efficiency of the returns relative to the risks taken by investors on the world’s largest crypto exchange. Related Reading: Is The Bitcoin Price Bottom In? Latest On-Chain Data Suggests So For context, a high or positive reading from this metric indicates that investors are getting good rewards for the risks they take on. Contrarily, a low or negative reading suggests the predominance of volatility over returns — a typical sign of waning investor confidence. According to Arab Chain, the Sharpe Signal has recently fallen to a negative value of about -0.277. What’s interesting is, this occurred around the same period when Bitcoin saw a decline to the $101,747 level. This indicates what the analyst described as “a clear decline in the quality of risk-adjusted returns on Binance.” Prior to this decline in the Sharpe Signal, the Binance network had consistently seen values above 0.2 — a period of “reward-over-risk” between July and September. It is worth mentioning that this period also coincided with a run of relatively positive momentum for the Bitcoin price. Outlook For Bitcoin Price Regardless of the weakening Sharpe Signal, Arab Chain explained that a full-scale capitulation is not necessarily what is in play. At the moment, there appears still to be a relatively stable amount of trading volume. This means the current decline is not directly being driven by liquidations or impulsive sales. Instead, it suggests less involvement of institutional investors. As a result, the market may just be experiencing a temporary correction or “cooldown” phase, as is expected after major price rallies. In a case where risk remains relatively higher than the rewards (more negative or sustained negative Sharpe Signal readings), the Bitcoin price could see more correctional movement, especially in the short term. However, the Bitcoin market could quickly see a local price bottom formation if the Bitcoin Sharpe Signal on Binance ascends into the positive region. As of this writing, Bitcoin is valued at approximately $101,750, reflecting no significant price change in the past 24 hours. Related Reading: Cathie Wood Trims Her 2030 Bitcoin Price Prediction To $1.2 Million – Here’s Why Featured image from iStock, chart from TradingView
The Bitcoin market has suffered through a disappointing performance over the past few weeks, leading to a price retest of the $100,000 support zone. However, an exciting on-chain evaluation predicts a positive price action in the near future. Related Reading: Bitcoin May Launch Recovery To $120,000 If This Condition Holds – Details Bitcoin Price Below Average Cost — Details On November 8, popular market analyst Burak Kesmeci shared on X the underlying reasons behind his expectations of a bullish reversal. Kesmeci’s post mostly depends on the Bitcoin: 90-Day Market Price vs Realized Price Gradient Oscillator. Essentially, this indicator functions as a means of tracking the distance of Bitcoin’s market price deviation from its realized price over the past 90 days. A positive reading from the metric indicates a faster rising market price of Bitcoin, compared to its average cost basis (realized price), thereby showing growing bullish momentum. A negative reading, on the other hand, connotes a significant decline of market price beneath realized price, a sign of bearish momentum, which could extend into a ‘cooling’ phase. In the post on X, Kesmeci reveals that the metric’s reading has fallen to a value of -1.27 STDV (Standard Deviations). As previously explained, this indicates that the Bitcoin price has greatly fallen beneath its historical cost basis, a development that could point out that the flagship cryptocurrency’s price momentum has reached a state of ‘extreme cooldown.’ Expressed more simply, Bitcoin investors are paying much less than the amount its recent buyers did on average to acquire Bitcoin. If more investors were to purchase Bitcoin around its current price, there could be a total or significant absorption of what already appears to be exhausted bearish pressure. Notably, Kemesci also referenced past occurrences to buttress his prediction of an imminent price rebound. According to the analyst, periods where this metric fell below -1 STDV have often preceded the ends of downtrends and the beginnings of price expansions. We see this occurrence twice in recent months: first, in April, where Bitcoin saw a rise from about $82,000 to $100,000; and second, where the price saw a growth from $108,000 in July to reach $124,000. Thus, if historical data is reliable, the Bitcoin price could soon put in a new price bottom, after which significant movement to the upside would likely follow. Related Reading: Bitcoin Valuation Reset: MVRV Slides Into Macro Correction Territory — What This Means Bitcoin Price Overview As of this writing, Bitcoin stands at a valuation of approximately $102,023, reflecting a slight loss of about 0.94% since the last day. Featured image from Flickr, chart from Tradingview
Bitcoin (BTC) recently bounced from the $100,000 level, sparking hopes of a bullish reversal. However, traders remain cautious, as this rebound could also be a temporary bull trap. With key resistance looming around $105,000–$106,000, the market’s next move will be critical in determining whether BTC can sustain an upward trend or resume its downtrend. A Possible Bullish Reversal After Reclaiming $102,000 According to Lennaert Snyder, Bitcoin is showing early signs of a potential bullish reversal. In the post on X, Snyder highlighted that BTC bounced from the recent lows and reclaimed the $102,000 level, signaling renewed buying interest. This recovery comes after a period of weakness, suggesting that the market may be attempting to stabilize before the next major move. Related Reading: Why The Bitcoin Price Crash Is Important If Wave 5 Corrects To $94,000 Snyder emphasized the importance of maintaining this momentum and establishing a higher low around $101,400, which would push the bullish scenario into a more sustained rally. Conversely, a failure to maintain support here could indicate lingering bearish pressure, so this level is critical for gauging market sentiment. In the meantime, the expert is closely monitoring lower time frame charts for potential scalp-long opportunities if a reversal occurs near $101,400. This tactical approach allows active traders to capitalize on short-term swings while waiting for confirmation of a broader bullish trend. Key resistance remains at $104,700, which will be a decisive level for determining the next leg of the move. A successful breakout above this resistance could open the path toward $107,500, signaling that bulls are regaining control. However, given that it’s the weekend, Snyder cautioned that traders should be prepared for sudden swings or false breakouts as liquidity tends to be lower during this period. Bitcoin Reclaims Momentum, But $105,000–$106,000 Holds The Key In his latest update, market expert and investor Ted Pillows noted that Bitcoin briefly dropped below the $100,000 mark before bouncing back. The short-lived dip highlights ongoing uncertainty and the tug-of-war between buyers and sellers at key psychological levels. Related Reading: CryptoQuant Head Reveals Reason Behind Bearish Bitcoin Trend However, Ted cautioned that this rebound feels like a potential bull trap. While the price recovered quickly, the underlying momentum may still favor the bears, suggesting that traders should remain vigilant before assuming a sustained upward trend. He emphasized that until Bitcoin can reclaim the $105,000–$106,000 zone, the probability of further downside remains higher. Without a confirmed break above this critical resistance area, the market could continue to support levels as low as $93,394, keeping the short-term outlook skewed toward a possible downtrend. Featured image from Getty Images, chart from Tradingview.com
Crypto analyst Colin has raised the possibility of the Bitcoin price mirroring gold’s parabolic move. The analyst further revealed how this could play out for BTC if it were to happen eventually. What Will Happen If The Bitcoin Price Mirrors Gold In an X post, Colin indicated that the Bitcoin price will record another uptrend as soon as next week if it were to follow gold’s move. He opined that it is unlikely the flagship crypto will not witness another significant move to the upside, given that gold and stocks saw meteoric rises to new all-time highs (ATHs) in recent months. Related Reading: Bitcoin Bull Market Peak Indicators Says Hold Despite Crash Below $100,000, What’s Happening? Coilin further remarked that money will still flow toward crypto, with a delay, as he highlighted in the gold vs BTC chart. He added that the gold top would forecast a top for the Bitcoin price in January 2026 when shifted forward by 80 days. His accompanying chart showed that BTC could still rally to $175,000 if its bull market extends into January next year. Colin admitted that this could be wrong for the Bitcoin price, but noted that many other metrics were pointing toward more upward price action for BTC. Meanwhile, he also highlighted the fact that sentiment was getting bearish in the crypto market. The market is currently on a downtrend, with the BTC dropping below $100,000 on several occasions this week. This has raised concerns that the Bitcoin price may already be in a bear market. However, Colin has indicated that BTC could still rally to new all-time highs before this cycle ends. His prediction aligns with that of the likes of Standard Chartered, which has predicted that BTC could reach between $150,000 and $20,000 by year-end. Why The BTC Top May Not Be In In another X post, Colin also explained why the top might not be in for the Bitcoin price in this bull run. He noted that the intersection of the 1150-day SMA with previous bull run peak times the top of the next peak. This happened in both the 2017 and 2021 bull runs, which marked the top for BTC at the time. Related Reading: Analyst Who Predicted Bitcoin Price October Top Is Back With A New Prediction Now, the analyst said that this moving average hasn’t quite lined up with the $65,000 top from the previous cycle, indicating that BTC still has more room to rally to the upside in this market cycle. Colin added that this 1150-day SMA, if projected out, will indicate a top for the Bitcoin price around late December this year or January next year. He reiterated that all metrics collectively point to a top around late December or January next year. At the time of writing, the Bitcoin price is trading at around $102,400, up in the last 24 hours, according to data from CoinMarketCap. Featured image from Pixabay, chart from Tradingview.com