Bitcoin price today trades near $109,500, regaining ground after testing its October lows. The bounce comes as buyers defend support around $107,000 while institutional flows return to the spotlight with BlackRock’s IBIT fund adding $73.6 million in Bitcoin. Price Action Tests Support Near $107K BTC Price Analysis (Source: TradingView) The daily chart shows Bitcoin price
Bitcoin (BTC) continues to struggle with recovery after failing to maintain momentum above key support levels. The crypto king’s inability to reclaim lost ground highlights growing structural weakness across the market. Recent data suggest that bearish sentiment is intensifying, as multiple on-chain and volatility metrics reveal deteriorating investor confidence. Bitcoin May See Some Resistance The
During a recent conversation with cryptocurrency influencer Michael Jerome (known as @notthreadguy), gold bug Peter Schiff stated that he is still convinced that Bitcoin will “eventually” plunge to zero. “I still think that it is eventually going to zero, so I don’t think that I got that wrong. What I did get wrong was underestimating
Bitcoin price is attempting to recover above $107,500 and $108,000. BTC could rise further if there is a clear move above the $109,500 barrier. Bitcoin started a fresh recovery wave above the $108,000 resistance level. The price is trading below $109,000 and the 100 hourly Simple moving average. There is a short-term declining channel forming
Famous investor and short-positioned Jim Chanos said in his latest statement that he is not against Bitcoin (BTC), but MicroStrategy (MSTR) shares are still trading above their real value. “I’m agnostic about where Bitcoin’s price will go; I have no idea what its value is, nor do I predict its direction. However, we are holding
Expectations for a major October rally in Bitcoin and altcoins were dashed, as a historic crash occurred on October 11th, triggered by US President Donald Trump’s tariff announcements on China. Although there have been short-term recoveries in BTC and altcoins since then, volatility still persists in the market. As investors try to figure out which
Bitcoin is at risk of breaking a crucial support price level as US-based spot Bitcoin ETFs have continued to bleed red after the recent crypto market crash, according to analysts from Bitfinex. “The lack of institutional accumulation has made the $107,000 to $108,000 zone increasingly difficult to defend as support,” Bitfinex analysts said in a
Key Takeaways BlackRock clients purchased $73.6 million in Bitcoin, signaling strong institutional interest. This acquisition reflects BlackRock’s ongoing strategy to increase cryptocurrency exposure for its clients. BlackRock’s IBIT acquired $73.6 million worth of Bitcoin on Wednesday, marking another significant institutional move into digital assets by the world’s largest asset manager. BlackRock has been strategically accumulating
As of October 23, 2025, 06:48 UTC, Bitcoin (BTC) is trading at $108,890 in the Binance exchange, against the US Dollar. Analysts point out that the zone of $108,000-110,000 is a critical support and resistance point. Crypto Rover published a graph on Trading View with focus on this make-or-break range. Do or die for Bitcoin!
Former Fox News host Tucker Carlson has renewed speculation about the origins of Bitcoin, claiming it may have been created by the Central Intelligence Agency (CIA). Speaking at a Turning Point USA event at Indiana University on Tuesday, Carlson said the lack of clarity surrounding Bitcoin’s mysterious founder, Satoshi Nakamoto, prevents him from investing in