Author: Ethan Carter

Highlights:Bitcoin may revisit $102,000 as upward support appears increasingly fragile.Current analysis indicates potential risks for the bull market.Gold reaches a new all-time high, while BTC’s performance lags considerably.Bitcoin (BTC) selling surged at the opening of Wall Street on Wednesday, with BTC price indicators showing minimal signs of recovery.BTC/USD one-hour chart. Source: Cointelegraph/TradingViewBTC price predictions highlight $102,000 as crucialData from Cointelegraph Markets Pro and TradingView indicated BTC/USD trading around $111,000, a decrease of nearly 2% at the time of writing.Earlier in the day, downside liquidity was breached, with bulls unable to reach the resistance level just under $114,000, as per data…

What does ETH at $100,000 look like? If ETH reaches $100,000, Ethereum will evolve into a multitrillion-dollar ecosystem with significant ripple effects. With ETH priced at $100,000, the current circulating supply of 121.1 million would amount to an approximate market capitalization of $12.1 trillion, which is about 3.2 times Apple’s market value and nearly 44% of gold’s estimated worth. If around 36 million ETH remains staked (29.5% of supply), that alone would represent $3.6 trillion in locked capital. At this level, every subsequent metric magnifies: from the security budget (through staking rewards) to the impact of fees in dollars and…

This is a daily analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole.Bears in the Strategy (MSTR) market have breached a critical bull market support, leaving bitcoin BTC$111,162.86 bears trailing closely.The technical breakdown highlights the recent breach of the 50-week simple moving average (SMA) by the Strategy share price. This SMA had consistently been a support level since March 2023, acting as a rebound point that sparked buying interest and propelled shares to new highs over the past two years.However, bears have now established a presence below this significant average, indicating a substantial decline in buying pressure and exposing…

What would ETH at $100,000 entail? If ETH reaches $100,000, Ethereum would emerge as a multitrillion-dollar economy with significant ripple effects. At a price of $100,000 per Ether (ETH), the current circulating supply of 121.1 million would result in a market capitalization of approximately $12.1 trillion. This figure is about 3.2 times Apple’s market cap and approximately 44% of gold’s estimated worth. With around 36 million ETH staked (29.5% of the supply), this alone would account for $3.6 trillion in locked capital. At this magnitude, every related metric is amplified: from the security budget (via staking rewards) to the impact…

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As the Bitcoin price shows signs of recovery from its low of $102,000, speculation intensifies about its potential trajectory. Currently, opinions are divided; some anticipate a rally akin to the one seen during COVID, while others suggest we may be entering a bear market. In this context, a pseudonymous crypto analyst has outlined their expectations for Bitcoin’s price movements based on its performance relative to the midpoint level. What If The Bitcoin Price Remains Above the Midpoint? At present, the midpoint line plays a crucial role in the behavior of the Bitcoin price. This level is strategically located between the…

What would ETH at $100,000 indicate? If ETH reaches $100,000, Ethereum will evolve into a multitrillion-dollar ecosystem with significant ripple effects. At a price of $100,000 per Ether (ETH), the current circulating supply of 121.1 million would suggest a market valuation of roughly $12.1 trillion. This is approximately 3.2 times Apple’s market value and nearly 44% of gold’s total estimated worth. If about 36 million ETH remains staked (29.5% of the supply), this alone signifies $3.6 trillion in locked capital. At such a scale, every subsequent metric intensifies: from the security budget (through staking rewards) to the influence on the…

Last weekend, the crypto market experienced its largest leveraged wipeout ever, yet Bitwise’s chief investment officer, Matt Hougan, believes the disruption will not have lasting effects.In a blog post on Tuesday, Hougan characterized the sudden drop as “a blip” rather than a significant issue. He remarked that crypto “received a passing grade” in its response to the sell-off.“Many DeFi platforms operated without a hitch: Uniswap, Hyperliquid, Aave, and others reported no losses,” he stated, mentioning that Binance and a few other exchanges faced challenges. “When looked at together, crypto fared as well or better than traditional markets would have under…

Main points:The rising wedge formation in Bitcoin suggests a potential decline to $74,000 if critical support is breached.A new whale has bet $140 million on BTC shorts.The technical analysis for Bitcoin (BTC) indicates a possible correction to $74,000, as whales ramp up their short positions.Bitcoin’s rising wedge indicates a 34% price dropThe weekly chart displays the BTC/USD pair moving within a rising wedge, with the price testing support at $110,000 from the pattern’s lower trendline.Related: US Bitcoin and Ether ETFs rebound as Powell hints at rate cutsA weekly candle close beneath this level would pave the way for Bitcoin’s decline…

The highly anticipated House of Doge announcement — a proposed merger that could see Dogecoin’s corporate branch listed on NASDAQ by early 2026 — briefly sparked optimism within the DOGE community. This excitement contributed to a nearly 45% rebound in the Dogecoin price by October 13, recovering sharply from its lows during the “Black Friday” crash.However, this recovery turned out to be an opportunity for exiting. Major holder groups sold portions of their holdings, indicating that the optimism might have stemmed more from hype than solid conviction. In the last 24 hours, the price has mostly remained stable, prompting traders…