📊 BTC Market Update
Traders are still active despite Bitcoin’s recent pullback.
Before the August rally, trading volume had dropped to its lowest level since 2023. However, even after the recent retracement, volume remains above that level.
👉 This suggests sustained market interest and improving participation after months of low activity.
Traders are still active despite Bitcoin’s recent pullback.
Before the August rally, trading volume had dropped to its lowest level since 2023. However, even after the recent retracement, volume remains above that level.
👉 This suggests sustained market interest and improving participation after months of low activity.
Crypto Analytic Z
Bitcoin bounced after testing the liquidity and is now testing the resistance area. A close above this resistance zone will lead to more upward movement in the market.
Bitcoin has had a fake out and now broken the key support, with price moving sideways in that area. Resistance is becoming increasingly strong and reliable, so a short-term liquidity hunt can happen, followed another downward move.
Crypto Analytic Z
Bitcoin has had a fake out and now broken the key support, with price moving sideways in that area. Resistance is becoming increasingly strong and reliable, so a short-term liquidity hunt can happen, followed another downward move.
Bitcoin is still moving sideways and remains very choppy at the moment. There is not much to analyze, so wait for the breakout to occur. Price has wiped liquidity from previous lows, so now look for early signs of a reversal.
The Fed decides on rates again on October 28. Since the start of the year, WTI crude is up about 73%, and household inflation expectations have risen half a percentage point. Core inflation sits where it started the year, but September's CPI, covered here last week, came in above forecasts on h the annual headline and core rates.
Yields have climbed too. The two-year Treasury yield, which tracks where traders expect policy rates to go, has risen more than a full percentage point this year, to 4.8%. It now sits well above the 4% top of the Fed's target range, even after the hike on September 16.
Bitcoin is up about 10% since that hike. Should oil keep pushing inflation expectations higher, a second hike would be harder to rule out.
Yields have climbed too. The two-year Treasury yield, which tracks where traders expect policy rates to go, has risen more than a full percentage point this year, to 4.8%. It now sits well above the 4% top of the Fed's target range, even after the hike on September 16.
Bitcoin is up about 10% since that hike. Should oil keep pushing inflation expectations higher, a second hike would be harder to rule out.
Crypto Analytic Z
Bitcoin is still moving sideways and remains very choppy at the moment. There is not much to analyze, so wait for the breakout to occur. Price has wiped liquidity from previous lows, so now look for early signs of a reversal.
Bitcoin broke below the support area, leading to heavy selling. Let’s see how the market reacts when the US market opens. We may see a retest of the $75,800-$76,200 area.
📊 Market Leadership Shift
Market leadership has rotated from metals to equities and now to Bitcoin this year.
🥇 Gold and silver led during Q1, US equities took over through spring and into July, while BTC has led the market over the past 10 weeks. 📈💪
This shift highlights Bitcoin’s improving relative strength and growing market momentum.
Market leadership has rotated from metals to equities and now to Bitcoin this year.
🥇 Gold and silver led during Q1, US equities took over through spring and into July, while BTC has led the market over the past 10 weeks. 📈💪
This shift highlights Bitcoin’s improving relative strength and growing market momentum.
Crypto Analytic Z
Bitcoin broke below the support area, leading to heavy selling. Let’s see how the market reacts when the US market opens. We may see a retest of the $75,800-$76,200 area.
Bitcoin showed some upward movement but then reversed. The price is facing heavy selling pressure and needs to make a strong pullback. Currently, things are uncertain.
📉 BTC Market Update
Bitcoin is trading near $75K after failing to sustain its move above $80K.
📊 ETF outflows have reached their highest level since early July, while short-term holders are close to breakeven. High leverage and demand for downside protection also point to continued market uncertainty.
⚠️ Selling pressure remains a concern. Watch how BTC reacts around $75K and stay cautious with leveraged positions.
Bitcoin is trading near $75K after failing to sustain its move above $80K.
📊 ETF outflows have reached their highest level since early July, while short-term holders are close to breakeven. High leverage and demand for downside protection also point to continued market uncertainty.
⚠️ Selling pressure remains a concern. Watch how BTC reacts around $75K and stay cautious with leveraged positions.
Crypto Analytic Z
Bitcoin showed some upward movement but then reversed. The price is facing heavy selling pressure and needs to make a strong pullback. Currently, things are uncertain.
Bitcoin continues to face selling pressure, and the market remains bearish. The price needs to make a strong push above $75,000 to gain positive momentum.