⚡️ INSIGHT: Fresh buying pressure is pushing Bitcoin higher.
According to Glassnode, large buy orders entered the market after bids around $80,000 were filled, helping drive BTC upward. 📈
However, support below $80K is weakening again, which could leave the market vulnerable if selling pressure returns.
👉 Buyers are stepping in, but BTC needs to maintain its upward momentum. Watch the $80K zone closely for the next signal.
According to Glassnode, large buy orders entered the market after bids around $80,000 were filled, helping drive BTC upward. 📈
However, support below $80K is weakening again, which could leave the market vulnerable if selling pressure returns.
👉 Buyers are stepping in, but BTC needs to maintain its upward momentum. Watch the $80K zone closely for the next signal.
Crypto Analytic Z
Bitcoin was able to hold the $80,000 level and has since bounced back. The price is now testing the resistance area, so let’s see how it reacts.
Bitcoin was rejected from the resistance area in its initial attempt. Let's see if the price can break above this resistance area. It may revisit the $80,000 area, so be prepared for that.
📊 Bitcoin sellers may be showing signs of capitulation again.
Previous spikes in loss-taking during early August, mid-August, and mid-September coincided with local market toms. Meanwhile, profit-taking has slowed since the September high.
If this pattern repeats, yesterday’s wave of selling just above $80K could mark a local floor for BTC. 📈
👉 The key now is whether buyers step in and defend the $80K zone. A sustained recovery would strengthen the case for a local tom, but confirmation is still needed.
Previous spikes in loss-taking during early August, mid-August, and mid-September coincided with local market toms. Meanwhile, profit-taking has slowed since the September high.
If this pattern repeats, yesterday’s wave of selling just above $80K could mark a local floor for BTC. 📈
👉 The key now is whether buyers step in and defend the $80K zone. A sustained recovery would strengthen the case for a local tom, but confirmation is still needed.
Crypto Analytic Z
Bitcoin was rejected from the resistance area in its initial attempt. Let's see if the price can break above this resistance area. It may revisit the $80,000 area, so be prepared for that.
Bitcoin is still moving within the consolidation range and forming a wedge pattern. With this kind of pattern, price has some room to fall further, but this can be interrupted a consolidation break.
In the 30 days to October 5, US spot ETF flows, stablecoin growth and corporate treasury buying brought in about $4.9B. Over the same period, the Realized Cap, the value of all coins at the price they last moved, rose about $12.8B.
New money therefore covers less than two fifths of that rise. The rest is coins changing hands at higher prices among money already in the market. The rallies of 2024 and 2025 showed a similar mix, but on far larger inflows. Until those inflows pick up, the move depends on existing holders paying more.
New money therefore covers less than two fifths of that rise. The rest is coins changing hands at higher prices among money already in the market. The rallies of 2024 and 2025 showed a similar mix, but on far larger inflows. Until those inflows pick up, the move depends on existing holders paying more.
Crypto Analytic Z
Bitcoin is still moving within the consolidation range and forming a wedge pattern. With this kind of pattern, price has some room to fall further, but this can be interrupted a consolidation break.
Bitcoin is experiencing upward movement and has broken the resistance line. A sustained hold above the $83,000 level will drive the price higher.
📉 Weekend selling is hitting altcoins hard.
As fear from equity markets spills into crypto, the typical altcoin is down more than 5%. If the weekend closes at these levels, it would mark the largest weekend decline since April.
📊 Since Bitcoin’s June low, buying on Friday and selling on Sunday has been a profitable strategy. This weekend’s weakness could signal a shift in that trend.
As fear from equity markets spills into crypto, the typical altcoin is down more than 5%. If the weekend closes at these levels, it would mark the largest weekend decline since April.
📊 Since Bitcoin’s June low, buying on Friday and selling on Sunday has been a profitable strategy. This weekend’s weakness could signal a shift in that trend.
Crypto Analytic Z
Bitcoin is experiencing upward movement and has broken the resistance line. A sustained hold above the $83,000 level will drive the price higher.
Bitcoin is currently trading near the resistance area and has yet to make a clear move. The key level to watch is $83,000, so let's see how things develop from there.
Crypto Analytic Z
Bitcoin is currently trading near the resistance area and has yet to make a clear move. The key level to watch is $83,000, so let's see how things develop from there.
Bitcoin has broken above the resistance area and is holding there. This is a good sign, and we may see a continuation of the upward movement.
📊 Altcoin leverage remains dangerously elevated.
Despite the recent price pullback, more than 40% of large-cap altcoins are still near their highest leverage levels of the year. For mid-cap altcoins, that share has reached a yearly high.
⚠️ With leverage remaining elevated even as prices decline, a deeper correction could trigger liquidations and put heavily leveraged long positions at risk.
👉 Stay cautious. Until leverage cools down, further downside could bring increased volatility across the altcoin market.
Despite the recent price pullback, more than 40% of large-cap altcoins are still near their highest leverage levels of the year. For mid-cap altcoins, that share has reached a yearly high.
⚠️ With leverage remaining elevated even as prices decline, a deeper correction could trigger liquidations and put heavily leveraged long positions at risk.
👉 Stay cautious. Until leverage cools down, further downside could bring increased volatility across the altcoin market.
#BTC is showing exceptional strength and bouncing from weekly support level while altcoins is following the momentum and pumping like anything A powerful setup is unfolding so stay alert we will share.... this trade opportunity today at 5PM GMT time.
Exchange : BINANCE
Less than 50 minutes left⏳
Exchange : BINANCE
Less than 50 minutes left⏳
Buying #BEL here
https://www.binance.com/en/trade/BEL_USDT
Bouncing from uptrendline support on 1D timeframe ✌️
On verge of ascending triangle breakout 🚀
Short-term targets: 10%-20%-50%-70%-100%
https://www.binance.com/en/trade/BEL_USDT
Bouncing from uptrendline support on 1D timeframe ✌️
On verge of ascending triangle breakout 🚀
Short-term targets: 10%-20%-50%-70%-100%
#BEL/USDT
Forming descending channel pattern on 8H timeframe and looking ready for a breakout🚀✌️
A massive rally is expected from it in short term so getting a bag now✍
Forming descending channel pattern on 8H timeframe and looking ready for a breakout🚀✌️
A massive rally is expected from it in short term so getting a bag now✍
#BEL team giving us hint for something big which will definitely act as a catalyst needed for massive breakout from here ✌️
Higher high from here just buying and holding it✍
🚀
Higher high from here just buying and holding it✍
🚀
#BEL/USDT is rebounding from the support trendline of the symmetrical triangle. A decisive breakout above the triangle resistance could trigger an explosive bullish rally🚀
Crypto Analytic Z
Bitcoin has broken above the resistance area and is holding there. This is a good sign, and we may see a continuation of the upward movement.
Bitcoin had a sharp push to the upside but failed to sustain that move towards resistance and dropped. Price even flipped below the zone, and a drop to the $80,500 area is expected. That will be a retest of the falling wedge pattern and might move in reverse. Along with that, we have #FOMC next week, so we might see some strong moves with the news release.
Last week, this report described a wall of sell orders at $85K-$85.5K on the Binance spot book. Buyers traded through it on September 30, and price closed above $85K on October 4 and October 5.
Sellers then placed a new block of asks at $86.5K-$86.75K. Price turned back under it on October 6, and early on October 7 it broke through the bids that had built up at $85K. The largest block of bids now sits at $81K-$81.25K and has stood since October 3. With the liquidation cluster just above it, $81K is the level to watch if the slide continues. A settled close back above $85.5K would win back the level the market lost this week.
Sellers then placed a new block of asks at $86.5K-$86.75K. Price turned back under it on October 6, and early on October 7 it broke through the bids that had built up at $85K. The largest block of bids now sits at $81K-$81.25K and has stood since October 3. With the liquidation cluster just above it, $81K is the level to watch if the slide continues. A settled close back above $85.5K would win back the level the market lost this week.