Sunday, November 2, 2025
No Result
View All Result
Ajoobz
Advertisement
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Web3
  • Metaverse
  • Scam Alert
  • Regulations
  • Analysis
Marketcap
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Web3
  • Metaverse
  • Scam Alert
  • Regulations
  • Analysis
No Result
View All Result
Ajoobz
No Result
View All Result

Bitcoin Price Falls 4% As ‘Uptober’ Streak Ends After 7 Years

1 day ago
in Bitcoin
Reading Time: 6 mins read
0 0
A A
0
Home Bitcoin
Share on FacebookShare on TwitterShare on E-Mail


Be part of Our Telegram channel to remain updated on breaking information protection

The Bitcoin worth tumbled 4% in October, breaking its seven-year ‘Uptober’ streak as ETF outflows, profit-taking, and macro jitters weighed available on the market.

An evaluation by Fortune confirmed it was Bitcoin’s fourth-worst October efficiency since 2013 and the worst previously seven years. That left BTC trailing the S&P 500 inventory index, which rose 2.3%.

The sell-off got here as greater than $550 million flowed out of main Bitcoin and Ethereum ETFs late within the month, with analysts saying profit-taking additionally performed a component as Bitcoin treasury companies, together with Michael Saylor’s Technique, additionally slowed their BTC shopping for.

We simply skilled the primary pink October in 7 years!

We additionally had an historic liquidation in October!

UPTOBER was a fraud, however MOONVEMBER??

imho;

when you can, DCA extra!

when you can’t, DO NOT panic promote your baggage for affordable!

In case you are out of $$ and you’re certain of your port,… pic.twitter.com/LH7aYTwQeY

— Blockchain Bob (@blockchainbob) October 31, 2025

Even a one-year commerce truce between US President Donald Trump and China’s Xi Jinping this previous week was not sufficient to push Bitcoin again into the inexperienced for the month.

Trump’s October 10 announcement that he would impose an extra 100% tariff on China’s exports had triggered greater than $19 billion in liquidations in 24 hours, the biggest ever within the crypto market.

One of many causes sentiment remained downbeat after the US-China commerce truce was a remark this week by Federal Reserve Chair Jerome Powell that one other rate of interest lower in December is much from sure.

$BTC Stillness Is the Sign

Value strikes much less, conviction strikes extra.

Trade provide hits cycle lows whereas long-term holders tighten grip liquidity’s thinning quietly.

ETFs maintain absorbing with out headlines, mining problem climbs, and volatility compresses.

This isn’t… pic.twitter.com/7ylx3uoCW7

— Senior 🛡🦇🔊 (@SeniorDeFi) October 31, 2025

Bitcoin On-Chain Alerts Present Resilience

Regardless of the drop in coin worth, on-chain information factors to ongoing power within the Bitcoin community. Trade reserves of Bitcoin hit all-time lows in October, dropping by over 200,000 BTC in only one month. This implies fewer cash are being held on exchanges the place they will simply be bought.

An indication that buyers are transferring cash to their wallets and could also be planning to carry for the long run.​

Bitcoin Energetic Addresses Supply: CryptoQuant

The provision of BTC on buying and selling platforms is shrinking, making the coin extra scarce and probably setting the stage for a future rally. This sample of withdrawal is much like what occurred earlier than Bitcoin’s main run-up in 2020 and displays robust perception in Bitcoin’s long-term worth.​

Institutional accumulation continues to be taking place even with ETF outflows, as some massive gamers switch cash into non-public custody. Bitcoin’s community exercise, together with energetic addresses and transaction counts, has remained strong, exhibiting persons are utilizing the community even throughout a month of worth declines.​

Bitcoin Value Prediction

Trying on the weekly worth chart, Bitcoin is at the moment buying and selling at $109,496.77, after pulling again from the October excessive however staying nicely above vital assist ranges. The worth sits above the 50-week easy transferring common (SMA) at $102,843.54, whereas the long-term 200-week SMA is far decrease, at $54,756.36. 

These SMA ranges act as robust assist for the Bitcoin worth and assist restrict additional losses.​ The chart exhibits Bitcoin is transferring inside an upward-trending channel, with resistance close to $125,761 and assist down round $102,843. The uptrend stays in play so long as the value holds above the decrease assist line and the important thing transferring averages.​

Technical indicators level to a pause within the bullish momentum: The Relative Energy Index (RSI) is at 50.32, proper on the midpoint, suggesting neither consumers nor sellers are clearly in management and the market is consolidating.​

Bitcoin priceBitcoin price

BTCUSD Evaluation Supply: Tradingview

The Common Directional Index (ADX) reads 17.81, exhibiting the present pattern is weak, and new momentum is required to start out one other rally.​ If consumers return and push previous resistance at $125,761, Bitcoin might attempt to retake its highs. Nonetheless,  if the value drops beneath the 50-week SMA ($102,843), additional promoting might push it towards the subsequent main assist at $54,756.​

The MACD (Shifting Common Convergence Divergence) indicator stays in impartial territory, suggesting sideways motion for now. Low buying and selling quantity and a scarcity of robust momentum imply that Bitcoin might commerce in a decent vary over the approaching weeks.​

If the coin worth bounces from the $102,843 assist, a brand new try on the $125,761 resistance might carry in additional consumers. However a break beneath assist might even see Bitcoin check deeper ranges earlier than bulls step in once more.

In November, a lot will depend upon international monetary traits and whether or not new institutional cash returns to the market. If macro dangers settle and ETF flows turn out to be constructive once more, coin worth might resume its climb and arrange for an additional rally. 

Nonetheless, worth might consolidate, with bulls and bears ready for the subsequent massive transfer. Merchants ought to watch assist at $102,843 and resistance at $125,761, as breaks past these ranges might sign the subsequent route for Bitcoin’s worth.

Associated Articles:

Finest Pockets – Diversify Your Crypto Portfolio

Best WalletBest Wallet

Straightforward to Use, Function-Pushed Crypto Pockets
Get Early Entry to Upcoming Token ICOs
Multi-Chain, Multi-Pockets, Non-Custodial
Now On App Retailer, Google Play
Stake To Earn Native Token $BEST
250,000+ Month-to-month Energetic Customers

Best WalletBest Wallet

Be part of Our Telegram channel to remain updated on breaking information protection





Source link

Tags: BitcoinendsfallsPriceStreakUptoberyears
Previous Post

Coinbase In Late-Stage Talks To Acquire Stablecoin Startup BVNK In $2 Billion Deal

Next Post

OpenAI Atlas Review: Smart, Ambitious, And A Little Unsettling

Related Posts

Bitcoin Coinbase Premium Gap Enters Deep Red Zone — Impact On Price?
Bitcoin

Bitcoin Coinbase Premium Gap Enters Deep Red Zone — Impact On Price?

2 hours ago
Bitwise’s Solana ETF Dominates 2025 Launches, Bitcoin Dips After Powell Comments, and More — Week in Review
Bitcoin

Bitwise’s Solana ETF Dominates 2025 Launches, Bitcoin Dips After Powell Comments, and More — Week in Review

6 hours ago
Bitcoin And Gold Are Two Phases Of The Same Monetary Revolution — Here’s How
Bitcoin

Bitcoin And Gold Are Two Phases Of The Same Monetary Revolution — Here’s How

15 hours ago
Dogecoin Whales Are Offloading Hundreds Of Millions Of DOGE, Here Are The Facts
Bitcoin

Dogecoin Whales Are Offloading Hundreds Of Millions Of DOGE, Here Are The Facts

20 hours ago
Public Firms With Private Keys: The Biggest BTC and ETH Stashes Right Now
Bitcoin

Public Firms With Private Keys: The Biggest BTC and ETH Stashes Right Now

24 hours ago
Coinbase In Late-Stage Talks To Acquire Stablecoin Startup BVNK In  Billion Deal
Bitcoin

Coinbase In Late-Stage Talks To Acquire Stablecoin Startup BVNK In $2 Billion Deal

1 day ago
Next Post
OpenAI Atlas Review: Smart, Ambitious, And A Little Unsettling

OpenAI Atlas Review: Smart, Ambitious, And A Little Unsettling

Ray Enhances Scheduling with New Label Selectors

Ray Enhances Scheduling with New Label Selectors

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

[ccpw id="587"]
  • Disclaimer
  • Cookie Privacy Policy
  • Privacy Policy
  • DMCA
  • Terms and Conditions
  • Contact us
Contact us for business inquiries: cs@ajoobz.com

Copyright © 2023 Ajoobz.
Ajoobz is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Web3
  • Metaverse
  • Scam Alert
  • Regulations
  • Analysis

Copyright © 2023 Ajoobz.
Ajoobz is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In