Bitcoin is on the verge of breaking below its crucial wedge pattern, likely indicating a bearish sentiment in the market. Nevertheless, the price is recharging within equilibrium, awaiting either institutional absorption or a deeper liquidity sweep before the next major expansion. Technical Analysis By Shayan The Daily Chart On the daily timeframe, Bitcoin has decisively
Bitcoin is straddling the fine line between “just a correction” and “full-blown mood swing,” with a market price of $107,659. The total market capitalization sits at $2.15 trillion, accompanied by a robust 24-hour trading volume of $48.3 billion and an intraday range stretching from $107,047 to $110,946. Bitcoin Chart Outlook The daily chart paints a
Strategy (MSTR), the largest corporate holder of bitcoin BTC$107,661.53, reported on Monday it purchased $45.6 million in BTC through last week, bringing its stash to 641,205 coins worth over $69 billion. According to the firm’s filing, the company acquired 397 BTC at an average price of $114,771 last week. Strategy funded the purchase mostly via
Institutional investment firm Strategy announced that it purchased a total of 397 Bitcoin (BTC) between October 27 and November 2. The company’s average purchase price was $114,771, while the total investment amount was recorded as $45.6 million. We stated in our morning news that a purchase might be made: Strategy Buys 397 Bitcoins Worth $45.6
Cryptocurrencies fell to begin the week in red, extending the price drop from the past few weeks, which resulted in the market’s worst October in years. At press time, Bitcoin was trading down 3.18% in the last 24 hours and down 6.99% in the last seven days. The market drop came with no immediate catalysts,
Bitcoin is trading at $107,400 at press time, down 3% in the past 24 hours and 7% over the last week. Traders are watching key price levels as the market tests long-term support. With volatility dropping and volume remaining high, several analysts are pointing to this monthly close as a potential turning point. Fibonacci Support
Bitcoin has treated $106,400 as a pivot across the current cycle, acting as both resistance and support. Price has repeatedly clustered near the level, cleared it on retests, and expanded toward the next channel bands, while breaks below the level often required a repair phase before any advance. My charts below show price channels that
Public companies hold over 1 million BTC, with 90.4% of those holdings concentrated in the US. This surge in corporate Bitcoin treasuries comes as industry leaders suggest these entities could bring long-term discipline to a sector known for volatility. The increasing corporate adoption of Bitcoin has reignited debate. Investors are questioning whether Bitcoin can compete
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