The Bitcoin price has dropped by 5.13% in the past 24 hours to trade at $105,217.60, extending its recent correction. This decline comes as market sentiment cools following weeks of sustained bullishness across risk assets. Despite the retracement, long-term investors appear patient, waiting for signs of stabilization within key support zones. The current setup suggests
Bitcoin miners are running out of room to breathe. In the wake of a $19 billion market rout, operators have begun moving massive volumes of Bitcoin onto exchanges, a classic signal that sell pressure is building. Data from CryptoQuant shows that between Oct. 9 and Oct. 15, mining wallets sent 51,000 BTC, worth more than
Bitcoin is trading at $105,579 to $106,377 over the last 60 minutes, with a total market capitalization of $2.08 trillion. Over the past 24 hours, bitcoin recorded a trading volume of $101.17 billion and moved within an intraday price range of $103,530 to $112,012. Bitcoin Chart Outlook The 1-hour chart reveals a clear breakdown from
Key Takeaways Odds on Polymarket for Bitcoin to sink to $100,000 in October have climbed to nearly 60%. Polymarket is an influential prediction market platform where users bet on various cryptocurrency outcomes. Polymarket traders now assign nearly 60% odds to Bitcoin falling to $100,000 in October, reflecting growing bearish sentiment after the price dropped from
Bitcoin (BTC) continues to face market headwinds, with the price sliding 13.3% over the past week and losing key support levels. However, recent analysis suggests that China’s expanding liquidity — rather than that of the United States — could soon emerge as the driving force behind Bitcoin’s next major rally. Bitcoin Faces Pressure, but China’s
According to David Bailey, KindlyMD CEO, the initial hype surrounding firms holding large Bitcoin reserves is cooling as investors become more cautious. So far, Bitcoin treasury companies have watched their market net asset values (mNAVs) tumble in the past few months. Speaking to CNBC on Thursday, Bailey remarked, “The market’s getting more sophisticated, it’s learning
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Bitcoin’s (BTC) losing streak deepened on October 17, with the flagship cryptocurrency plunging to just above $104,000 and shedding almost $150 billion in market value in less than 24 hours. The decline pushed BTC’s market capitalization from $2.216 trillion on October 16 to $2.07 trillion, raising fears that the $100,000 threshold could be tested in
This is a daily analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. As bitcoin’s BTC$104,558.42 price wilts, bulls are pinning hopes on a potential rotation of money from the still-rallying gold to its digital counterpart. These hopes may get a boost as price charts show bitcoin’s per piece dollar-denominated price is now at
Bitcoin’s (BTC) price has fallen about 2.3% in the past 24 hours, trading near $108,800 after a volatile week where the “Black Friday” crash took center stage. But while prices are still struggling to recover, short-term holders (STH) appear to be buying every dip — and the scale of their buying could soon matter. This