ASTER is a rebranded derivative platform token with a max supply of 8 billion, focusing on community incentives and decentralized exchange features.
For an industry that prides itself on decentralization and constantly lauds its benefits, crypto exchanges being so reliant on vulnerable centralized cloud platforms for their own infrastructure feels like hypocrisy, argues Dr. Max Li, founder and CEO of OORT.
Wildly successful ETFs, accelerating institutional adoption and friendly regulatory policy, yet bitcoin watches from the sidelines as other assets surge. What gives?
Self‑custody was once the ultimate badge of credibility in crypto. A declaration of faith in sovereignty over convenience, code over blind trust, and cryptography over legal fine print. But for many of the space’s earliest and wealthiest adopters, that belief is starting to bend under a different kind of pressure: wrench attacks. In a world […]
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The FTX founder is looking for a fresh trial on his fraud and conspiracy charges. He's got an uphill battle.
Blockchain has transitioned from arena sponsorships to mission-critical stadium infrastructure. Sport has enabled blockchain’s mainstream moment.
Dogecoin’s latest two-week chart analysis suggests the cryptocurrency could be gearing up for a new explosive rally. According to trader and market analyst Trader Tardigrade, the Relative Strength Index (RSI) for Dogecoin has settled at levels similar to those seen before price rallies in the past two years or so. This technical observation is based on Dogecoin’s steady uptrend along a long-standing support line since 2023 and points to its price action currently being in a possible early stage of accumulation before another leg upward. Related Reading: Dogecoin Flashback: Mirror Move Hints At Record-Breaking Surge Dogecoin RSI Now Showing Pre-Breakout Signals The RSI is an indicator that has consistently aligned with Dogecoin’s strongest rallies in this cycle. According to the current 2-week candlestick setup shared by Trader Tardigrade, the RSI is currently trading stable within the same low range that has preceded Dogecoin’s previous upward rises since 2023. Each of the three major RSI dips, as shown on the price chart below, has coincided with price retests of the red ascending trendline. This event is notable because the first two dips were followed by significant upward movements in the Dogecoin price. Right now, the present RSI position is at its third dip, and it can be inferred that the meme coin may once again be approaching a launch point similar to those that led to past price surges. The long-term support trendline drawn from mid-2023 has acted as a reliable price base for Dogecoin’s recovery cycles. Price action has tested this line multiple times without breaking below it, and this has led to the creation of higher highs and higher lows. Dogecoin 2W Candlestick Price Chart. Source: Trader Tardigrade On X Although Dogecoin broke below the trendline in the middle of October, this breakdown was very brief with a long wick. Based on Dogecoin’s price action in October, the most recent interaction with this trendline is just above $0.17. This latest interaction has been highlighted with stability above this price level, and this is another early sign of technical strength. What To Expect If The Pattern Holds If this recurring structure between RSI and price maintains its consistency, Dogecoin could be about to embark on its third notable bullish run since early 2024. The most possible scenario is another rally that plays out over multiple weeks, as seen in the past two rallies. The last rally saw the Dogecoin price just around $0.5 in December 2024. Therefore, another rally from this point will see the creation of another higher high above $0.5 at least. The projection within the analyst’s chart, which is based on how the last rally plays out, points to a target around $0.8. At the time of writing, Dogecoin is trading at $0.1877, up by 0.5% in the past 24 hours. Reaching $0.8 will translate to new all-time highs and a 228% increase from the current price level. Related Reading: Dogecoin Enters The Big Leagues — Stadium And Jerseys Get A Crypto Makeover As long as the RSI holds its current base and the price stays above the ascending support, the sentiment surrounding Dogecoin may gradually shift from consolidation to rally alongside the rest of the crypto market. Featured image from Unsplash, chart from TradingView
After October’s delays caused by the U.S. government shutdown, ETF issuers are finding new ways to bring spot crypto funds to market.
In a breakthrough for global markets, President Donald Trump has secured a far-reaching deal for US-China trade. The agreement with Chinese President Xi Jinping de-escalates tensions between the world’s two largest economies. According to the official White House fact sheet, the agreement includes China’s commitment to suspend new export controls on rare earths and critical […]
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The crypto market has faced one of its longest and toughest periods for altcoins. Many investors who held through this phase are sitting on steep losses, with prices struggling to recover despite strong macro signals. Analyst Michael van de Poppe believes this exhaustion phase could be nearing its end. According to him, the recent correction …
The long wait for XRP exchange-traded funds (ETFs) is nearly over. Both Bitwise and Canary Capital have filed the final updates required for their spot XRP ETFs, setting up a mid-November launch that could reshape the crypto ETF landscape. According to the latest SEC filings, Canary Capital’s XRP ETF is set to go live around …
FTX creditors may get only a fraction of their expected payouts once adjusted for Bitcoin, Ether and Solana’s current prices, according to creditor representative Sunil.
Ripple’s recent moves are drawing new attention after Western Union picked Solana for a USDPT rollout in 2026. According to supporters of XRP, that headline misses a bigger picture: Ripple has been buying firms that touch much larger pools of money. Related Reading: Bitcoin Drop Shaves $5 Billion From Satoshi Nakamoto’s Untouched Fortune Western Union’s deal could steer over $100 billion in annual cross-border flow to Solana. But some say that sum is small compared with the pipelines Ripple is tying into. Trillions Not Billions Based on reports, Ripple has added firms that already sit inside massive payment and liquidity systems. Hidden Road, a global prime brokerage, clears about $3 trillion a year. GTreasury provides treasury tools that move trillions in payments across 160+ countries. Rail handles roughly 10% of all stablecoin-based payment volume worldwide. Those figures matter because ownership gives a different kind of access than a short-term partnership does. many of you have asked for my thoughts on the western union x solana announcement, so here they are. TLDR: billions are cool, but trillions are cooler. while western union handles billions of dollars each year, ripple is on its way to handling trillions of dollars each year.… — Dom | EasyA (@dom_kwok) October 29, 2025 Market Comment And Skepticism Market voices pushed back. Scott Melker questioned XRP’s current role after Western Union chose Solana, noting Western Union had tested the XRP Ledger for years. That choice has prompted debate about whether XRP still matters for big global payments right now. At the same time, Ripple’s backers argue a deeper story exists beyond which chain a single company picks for its stablecoin. XRP As The Settlement Layer According to Dom Kwok, co-founder of EasyA, the proper lens is scale. He says the conversation should not center on deals worth billions but on the trillions Ripple now touches through acquisitions. Kwok and others suggest those companies could be steered to use the XRP Ledger for settlement over time. Ripple’s own technology and business moves are being framed as the plumbing that could let XRP settle large, institutional flows. Supporters Speak Up Flare CEO Hugo Philion has also downplayed the Western Union news, saying it does not undercut Ripple’s strategy. Based on reports from community figures, some engineers and analysts now say XRP could shift from a bridge token to a place people hold value. There will come a time where XRP and XRPL is just where you keep most of your wealth. That is called Treasury. Hint hint. — Vincent Van Code (@vincent_vancode) October 17, 2025 Vincent Van Code told followers that “a time will come when XRP and the XRP Ledger are just where you keep most of your wealth,” a view which mirrors comments by Ripple’s CTO David Schwartz about users acting as their own banks. Ownership Vs. Partnerships When a company owns a platform, it can choose how that tool grows. Reports show acquisitions give Ripple a steadier role in payments and trading services than a single contract would. Yet ownership does not guarantee instant change. Moving institutional flows onto a specific ledger is complex and can take time. Related Reading: Dogecoin Enters The Big Leagues — Stadium And Jerseys Get A Crypto Makeover What This Means Going Forward For now, the debate will track two threads. One asks whether wins like Western Union’s Solana deal signal broader market preference. The other watches whether Ripple’s purchases translate into actual settlement volume for XRP. Numbers such as $3 trillion, trillions across 160+ countries, and 10% of stablecoin payments give weight to the second view. But adoption at scale is not automatic, and observers will be looking for clear signs that those trillions are truly shifting toward the XRP Ledger. Featured image from Shutterstock, chart from TradingView
Iran’s energy chief says 95% of the country’s 427,000 crypto mining rigs operate illegally, consuming massive power and destabilizing the national grid.
A new trend is taking shape across the crypto market with investors pulling large amounts of Bitcoin and Ethereum from centralized exchanges. Data from on-chain analytics platform Sentora, formerly known as IntoTheBlock, shows that exchange balances for both leading cryptocurrencies have dropped notably over the past week. Prices are holding steady without much bullish momentum, but these massive withdrawals may hint at a subtle change in investor sentiment going into November. Related Reading: Dogecoin Flashback: Mirror Move Hints At Record-Breaking Surge Bitcoin And Ethereum Witness Billions Of Outflows From Exchanges According to data from Sentora, Bitcoin recorded more than $2 billion in outflows from centralized exchanges over the course of the week. This is interesting, as it is one of the largest weekly movements of Bitcoin from exchanges so far this quarter. Furthermore, this trend is interesting because it is coming off an unfavorable month for the crypto industry in general, considering the crash that happened in the middle of the month. The outflow numbers can be interpreted as a sign of confidence among whale addresses choosing long-term storage over trading. On-chain data from whale transaction tracker Lookonchain supports this trend, showing two newly created wallets withdrawing 2,000 BTC worth about $260 million from crypto exchange Binance toward the end of the week. Ethereum also witnessed a similar trend to Bitcoin. Data from Sentora shows that the leading altcoin saw major outflows during the week, coming to a total of about $600 million. Bitcoin and Ethereum Weekly Key Metrics. Source: Sentora What Could This Signal For Bitcoin And Ethereum? The massive exchange outflows are somewhat confusing, considering the fact that both Bitcoin and Ethereum ended October with negative monthly closes and broke the long-running Uptober trend that has shaped the crypto market for years. For six straight years, October had been one of Bitcoin’s most dependable bullish months that set the stage for strong year-end rallies. That streak has now ended with Bitcoin closing October 2025 about 4% below its monthly open, its first red October since 2018. Ethereum also followed a similar path and recorded a more notable monthly close of about 7.15% below its open. Data from Sentora, as shown above, points to reduced activity in these blockchains that suggests the required bullish activity may not be there yet. The total fees on the Bitcoin blockchain come out to be $2.03 million, an 8.6% reduction from the previous week. The Ethereum network also saw a 13.2% fall in fees, coming out to $5.05 million. Related Reading: Dogecoin Enters The Big Leagues — Stadium And Jerseys Get A Crypto Makeover Nonetheless, the outflows from exchanges are a bullish place to start. It eases selling pressure in the market, as fewer coins on exchanges mean fewer assets immediately available for sale. This, in turn, can tighten supply and gradually build a foundation for higher prices leading up to November. Whale traders might already be positioning themselves for the possibility of a bullish November. Featured image from Pexels, chart from TradingView
Polymarket’s ban in Romania follows similar crackdowns in the US, France, Belgium, Poland, Singapore and Thailand, where regulators cited unlicensed gambling activity.
Fintechs bypass traditional banking to offer stablecoin access, yield and spending in emerging markets. Programmable money leapfrogs legacy infrastructure.
According to macro analyst Jordi Visser, dormant bitcoin is moving again and new buyers are stepping in. Visser spoke on Anthony Pompliano’s podcast and wrote about the trend on Substack, saying old holders are slowly selling while fresh investors pick up coins on dips. He compared what’s happening to an IPO (initial public offering), where early backers cash out and ownership spreads to a wider group. Related Reading: Dogecoin Enters The Big Leagues — Stadium And Jerseys Get A Crypto Makeover Price Action Has Been Flat And Frustrating Bitcoin traded between $109,000+ and $110,500+ over the last seven days, a range that has left traders impatient. Reports show the Crypto Fear & Greed Index returned “fear” readings since Wednesday and averaged fear during the prior week. Yet every pullback has been met by buyers, which suggests accumulation is taking place even as sentiment reads poorly. Network Signals Remain Strong Visser pointed to several industry signals as evidence that this is not a collapse. ETF approvals keep arriving, the bitcoin network hashrate has hit new highs, and stablecoin activity is growing. It was a busy week with many macro catalysts (Us-China, Fed, Mag7 earnings and Zelle/Stabledoins). Pomp and I go through it all and how the last two months look for assets. https://t.co/1mv6FCNYGF — Jordi Visser (@jvisserlabs) November 1, 2025 Those facts are being cited by analysts who argue the market is redistributing holdings rather than unraveling. In other words, supply is moving from long-idle wallets into hands that buy on weakness. What This Means For Volatility Based on Visser’s view, the current phase could continue for some time. He estimates an IPO-like cycle can last about six to 18 months in traditional markets, and while bitcoin moves faster, the process may still stretch toward the six-month mark on his timeline. When distribution finishes, one likely result is lower volatility, because ownership will be scattered across more participants instead of concentrated among early believers. No Loud Signal Expected To Mark The Shift Reports have disclosed that the change may not start with a big breakout or collapse. Instead, the market could simply stop grinding and begin a clearer move as distribution completes. That lack of a single trigger is frustrating for traders who want a clear sign, but it is familiar to anyone who has watched post-IPO stocks settle after lock-up expiries. Related Reading: Dogecoin Flashback: Mirror Move Hints At Record-Breaking Surge A Measured Take On The Market Visser’s interpretation is cautious rather than bullish hype. He does not promise a rapid rally. He points to steady on-chain activity and institutional interest as the backbone supporting his thesis. Featured image from Pexels, chart from TradingView
A crypto analyst said the crypto market crash in October will be looked back on as one of the “bottom days in hindsight."
If you’ve ever bought a token only to find out its grand use case was “having a token,” congrats, you played the game just right. Wolf of All Streets’ Scott Melker sums it up best. After years wandering crypto’s high-stakes tables, he’s upgraded his stance from “99.9% of crypto is a casino” to “99.999999%. As […]
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Chainlink continues to hold its ground above key support levels, keeping the broader market cautiously optimistic. Despite recent indecisive candles, the setup suggests that one strong bullish move could quickly shift sentiment and reignite momentum toward higher targets. Chainlink Faces Mixed Signals As Monthly Candle Closes Bearish In his Chainlink daily technical outlook, crypto analyst CryptoWzrd began by reviewing the higher timeframes, noting that the monthly candle for LINK closed slightly bearish. Additionally, the LINK/BTC pair closed its monthly candle indecisively, reflecting a lack of clear momentum against Bitcoin. Meanwhile, the daily candles for both closed indecisively, setting an ambiguous tone for the near term. Related Reading: Chainlink Eyes 300% Upside As Road To $46 Forms – Analyst CryptoWzrd emphasizes that the LINK/BTC pair must move upside to inject meaningful momentum. For this to happen, LINK/BTC needs to hold above the $0.000170 BTC resistance level, which would generate the initial bullish sentiment required for Chainlink to begin its ascent toward the first major target. If the necessary bullish sentiment is secured, the altcoin is expected to be pushed toward the $20 daily resistance target. The analyst highlights that achieving a healthy bullish breakout above $20 is the critical event that will trigger the next major upside rally and confirm a stronger directional trend. On the other hand, CryptoWzrd identifies the $16 level as the main daily support for the current structure. This price point must hold to prevent a deeper correction that would jeopardize the current bullish targets. The analyst has stated that his focus for the immediate future will shift to the lower timeframe chart formations tomorrow. This micro-analysis will be crucial for identifying the best scalp opportunities as the market continues to consolidate near these critical structural levels. Choppy Intraday Action Keeps Traders On Edge CryptoWzrd went further to reveal that LINK’s intraday chart has been choppy and slow, reflecting bearishness in the market. Despite the lack of strong momentum, the price is still holding above the $16.90 level, which remains a positive sign for the bulls in the short term. Also, the analyst emphasized that a further upside move is necessary to confirm a constructive chart formation and create a potential long opportunity. Related Reading: Chainlink To $100? Analyst Says This Breakout Could Be The Trigger Without that breakout, the structure remains fragile, and traders could face difficulty finding reliable entry points for bullish setups. A drop below $16.90 could trigger a deeper decline, putting additional pressure on Chainlink. CryptoWzrd concluded that patience remains key in navigating the current indecisive phase, as it’s best to wait for the next clear signal or trading setup before making any major moves. Featured image from Pxfuel, chart from Tradingview.com
According to analyst Trader Tadrigrade, Dogecoin has been moving inside a long-running symmetrical triangle that echoes a setup seen in 2016–2017. Based on reports, the analyst used a two-month chart to compare current price action with the buildup that preceded a breakout in March 2017. Related Reading: Dogecoin Down 20% – But Some Think This Is When The Real Gains Start Back then, DOGE climbed from about $0.0003 to $0.0194 by January 2018, a rally of 7%. Traders pointing to that episode say the current narrowing range looks familiar and could set the stage for a notable move. Market Moves This Month DOGE is trading at around $0.18 at the time of writing after a 20% drop so far this October. That decline contrasts with recent Octobers: a 40% rise in October 2024, a 10% gain in October 2023, and a 100% jump in October 2022. Prices have been compressing inside the triangle since late 2024, and the tighter range has increased talk among chart watchers that a breakout may be near. $DOGE/2-month#Dogecoin is following its first cycle ???? pic.twitter.com/FNFJo3C59I — Trader Tardigrade (@TATrader_Alan) October 30, 2025 Targets After A Breakout Analysts who favor the pattern point to a first target near $3.90, which would represent about a 2,000% gain from current levels if reached. Other, much bolder projections are also being shared. One chart shown by bulls extends toward $48 — a 26,500% rise — which, if circulating supply stayed near 151 billion tokens, would imply a market value near $7 trillion. That number would dwarf most global asset classes and is widely seen as highly unlikely. Reports have also referenced an $18 forecast last month, a level that would make many holders wealthy if it materialized, but it remains a long shot. Technical Patterns Versus Broader Forces Pattern recognition can offer a clear rule for traders, but charts do not capture everything that drives price. Liquidity levels, investor interest, moves in Bitcoin, and shifts in social attention all affect how far any rally can run. Related Reading: Dogecoin Enters The Big Leagues — Stadium And Jerseys Get A Crypto Makeover For a multi-thousand percent surge to happen, sustained buying and extended public attention would be required. At present, the view rests primarily on a visual similarity between past and present setups rather than on independent signals that a major rally is guaranteed. Featured image from Pexels, chart from TradingView
Bitcoin might be moving sideways, but Jordi Visser says there is still faith in the underlying asset, as shown through ETF approvals and the Bitcoin network hashrate hitting new highs.
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
Dogecoin whales are now back in the spotlight as recent on-chain metrics reveal a major move involving hundreds of millions of DOGE. The latest data shows 440 million DOGE being offloaded as selling pressures intensify. Amidst this sharp decline in whale holdings, the meme coin’s price has experienced significant volatility, falling to $0.18 after recording weeks-long losses. Dogecoin Whales Trim DOGE Holdings En Masse According to on-chain data from crypto analytics platform Santiment, wallets holding between 10,000,000 and 100,000,000 DOGE have sold off roughly 440 million tokens within 72 hours. This large-scale distribution marks one of the most significant short-term liquidations from mid-level whale wallets in recent weeks. Related Reading: Dogecoin Open Interest Crashes 50% From October Highs, Volume Is Worse, What’s Going On? Notably, on Thursday, October 29, these wallets accounted for approximately 15.51% of the total DOGE supply, but that figure dropped to 15.31% the following day. Moreover, it declined again on October 31 to 15.17%, and now stands at a low of 15.15%, at the time of writing. As whales abruptly reduced their exposure, the market also responded quickly. Data from CoinMarketCap shows that Dogecoin’s price plummeted about 5.76% this last week, following its 27% crash over the past month. As selling pressure increases for Dogecoin, Santiment’s data further reveals that whale transaction counts for holders managing DOGE worth $100,000 and above spiked to 119 transactions on October 30, before plunging to 15 at the time of writing. This sharp decline suggests a rapid transition from distribution to dormancy among short-term high-volume traders. Interestingly, there have been signs of a redistribution, indicating that not all large holders are exiting the market. Santiment reports that whales with holdings exceeding 100,000,000 DOGE have increased their balances from 19.28% to 19.46% over the same period, implying accumulation from even larger players. Meanwhile, investors with holdings between 100,000 and 10,000,000 DOGE have maintained a steady position, signaling a neutral stance amid market uncertainty. Analysts Eye $0.33 And Beyond As Technical Patterns Align Despite widespread whale dumping, analysts remain optimistic about Dogecoin’s medium to long-term price trajectory. Crypto market expert Ali Martinez identified Dogecoin’s current price at $0.18 as a critical support level. Based on his analysis, maintaining this price floor could spark a recovery wave targeting $0.26 and potentially $0.33. His chart illustrating Dogecoin’s ongoing consolidation within an Ascending Channel highlights a potential upward break aligning with previous recovery phases. Related Reading: Dogecoin Price Resurrection To $0.5 Could Be Imminent If This Level Breaks Adding to the bullish outlook, Bitcoinsensus has released a long-term projection, suggesting an explosive continuation of DOGE’s cyclical uptrend. The analysis compares past rallies, showing gains of 300% and 500%, and now points toward a potential 800% surge that could propel the meme coin to approximately $1.70 in the current market cycle. The accompanying chart reflects a pattern of expanding momentum phases, supported by ascending trendlines from 2023. Featured image from Getty Images, chart from Tradingview.com
North Korea-linked hackers stole more than $2 billion in cryptocurrency in 2025, surpassing every prior year on record, while global law enforcement recovered $439 million and arrested hundreds of money launderers across 40 countries in a single four-month operation. The collision of record state-sponsored heists and coordinated multilateral enforcement raises a sharper question than whether […]
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Tokenized bank deposits lack the flexibility and technical features of stablecoins, making them an inferior product, according to Omid Malekan.
Lark Davis called November bitcoin’s strongest month with a 42.5% average gain; the median is far lower and a single outlier year does much of the lifting.
The roadmap calls for more temporary address creations to preserve privacy, as well as quality-of-life fixes for Keystone hardware wallet users.
Bitcoin appears to be gearing up for a major move as key technical patterns align. A strong triangle support structure and a developing inverse head and shoulders pattern are signaling a potential bullish reversal. Momentum is tightening, suggesting that a breakout could be closer than it seems. Massive Triangle Formation Holds Firm Amid Market Shakeouts Batman, a well-known crypto analyst, recently highlighted that Bitcoin has been consolidating for several weeks within a massive descending triangle formation. Despite multiple shakeouts attempting to push the price lower, the key support level has consistently held firm, signaling underlying strength in the market. Related Reading: Bitcoin At Key Retest: Bounce Or $98,000 Next? He noted that the current setup represents a classic, textbook pattern often seen before an explosive breakout in price. Each test of support has been met with strong buying interest, showing that bulls are actively defending the lower boundary of the structure. The classic textbook formation suggests that Bitcoin’s price is coiling up energy for a potential breakout once momentum returns. Batman remains highly optimistic about Bitcoin’s next move, stating that his target remains clear at $126,000. He cautioned traders not to underestimate the setup, emphasizing that the current price action could mark the calm before a major surge. In his view, this represents a big opportunity for those watching closely, as the market prepares for what could be the next explosive leg higher. Technical Setup Hints At Shift From Consolidation To Expansion According to GandalfCrypto in a current update, Bitcoin is currently forming a potential inverse Head & Shoulders pattern, which often signals a major trend reversal in technical analysis. The structure has been developing over the past few weeks, with clear left and right shoulders forming, while the neckline sits around the $115,000–$116,000 range. This area has become a key zone to monitor, as it represents the boundary between continued consolidation and a potential bullish breakout. Related Reading: Here’s Why Bitcoin Market Dynamics Are Evolving As New Developments Surface Overnight GandalfCrypto explained that if Bitcoin successfully breaks above this neckline with strong volume, it would validate the reversal pattern and likely trigger a surge toward the $130,000 target. Such a move would confirm renewed strength among buyers and could mark the beginning of a sustained bullish phase after weeks of sideways movement and uncertainty. He further noted that momentum indicators are coiling tightly, reflecting a buildup of energy beneath the surface. GandalfCrypto emphasized the importance of patience and precision, waiting for a confirmed breakout rather than preempting the move, as this will distinguish traders who capture the next leg higher from those caught in false starts. Featured image from Pixabay, chart from Tradingview.com