Bitcoin News Today: Bitcoin Faces $115K Turning Point: Surge Ahead or Decline?
- Bitcoin consolidates near $112,600 as bulls and bears clash in the $111,000–$117,000 range, with analysts split on whether $115,000 will trigger a rally or deeper declines. - Technical indicators show mixed signals: CoinDesk highlights $116,000 as a potential breakout threshold, while CryptoPotato emphasizes the 100/200-day EMA battleground and institutional demand zones. - DeepSeek predicts a rebound toward $115,000 via EMA support, contrasting Kitco’s bearish warnings of a second TBT divergence and pos
Bitcoin's upward drive appears to be stalling as its price remains confined within a tight band, leaving experts split on whether the $115,000 threshold will ignite a fresh surge or signal further losses. Recent figures point to declining trading activity and conflicting technical indicators, highlighting the market's indecision ahead of significant macroeconomic events, according to
The price zone between $111,000 and $117,000 has turned into a fierce contest between bulls and bears, with Glassnode data revealing strong buying interest near $111,000 and notable selling around $117,000. This ongoing struggle has kept
At the same time, technical experts at
Sentiment among investors has shifted from deep fear to a more neutral stance, with the Bitcoin Fear & Greed Index climbing to 51 from 40 earlier in October, according to
Nonetheless, bearish sentiment still exerts influence. Analysts at Blockhead.co warn that if Bitcoin fails to stay above $115,500, it could prompt a negative reaction, as both futures and spot trading volumes point to short-term fragility. Likewise, Kitco's review of Bitcoin's dominance and altcoin performance indicates a defensive approach across the digital asset market, with
Broader economic factors add further complexity. Although the U.S. Federal Reserve's latest rate reduction has increased liquidity, Fed Chair Jerome Powell's firm tone has tempered bullish expectations. In addition, ongoing U.S.-China trade negotiations and stock market fluctuations continue to impact risk assets like Bitcoin.
As the market contends with these various influences, traders are closely monitoring October's monthly close for signs of a bearish divergence, which could foreshadow a larger correction. For now, Bitcoin's trajectory depends on whether institutional investors step in to support crucial price levels or if diminishing momentum leads to a deeper downturn.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethereum Updates Today: Crypto Faces $1.16B Liquidation Turmoil—Is This a Setback or a New Beginning for Ethereum?
- In Nov 2025, crypto markets crashed as ETH fell below $3,600 amid macro pressures, DeFi hacks, and $1.16B in liquidations. - Trader Eugene took a long ETH position during the dip, aligning with analysts' cautious optimism about Ethereum's fundamentals. - A $128.6M Balancer protocol hack and $1.34B in ETF outflows exposed systemic vulnerabilities, triggering risk-off sentiment. - A weekend rebound added $33B in value temporarily, but analysts called it a "relief rally," not a sustained recovery. - Hong Ko
Fueling the Expansion of DeFi: Three Initiatives Transforming Perp DEX Airdrop Strategies
- Perp DEX airdrops drive liquidity and engagement via tokenomics, yield, and community incentives. - StandX's DUSD stablecoin automates yield generation through staking rewards and futures fees while maintaining USD peg. - Bitget's referral program offers 80,000 USDT in rewards to incentivize copy trading and user acquisition. - LoRa Alliance's network upgrades enhance IoT efficiency, indirectly supporting DeFi infrastructure scalability. - These projects demonstrate how innovative airdrop strategies and
Solana News Today: Investors Abandon Bitcoin ETFs in Favor of Solana's Attractive Staking Returns
- Bitcoin ETFs saw $488M outflows led by BlackRock's IBIT , while Solana ETFs gained $44.48M as investors rotated into staking yields. - Coinbase reported $1.9B Q3 revenue driven by trading volumes and expanded staking services, contrasting ETF volatility. - Zynk secured $5M seed funding to develop stablecoin-based cross-border payment infrastructure, targeting USD/EUR/AED corridors. - Analyst Peter Brandt warned Bitcoin could test $60K support, but IBIT's $88B AUM suggests long-term ETF demand remains str
Ferrari's 499P Token: Enhancing Customer Loyalty in the Digital Era
- Ferrari launches Token 499P NFT with fintech Conio, targeting Hyperclub members for auction bids and exclusivity. - Q3 2025 results show €382M net income and €670M EBITDA, surpassing forecasts amid strong high-end model demand. - Strategy emphasizes loyalty through digital assets, with EU regulatory approval pending for the limited-edition token. - Project combines heritage with innovation, reflecting Ferrari's resilience after September market skepticism and regained investor confidence.
Trending news
MoreCrypto prices
More
