Kategorie: Bitcoin News

• Whales have accumulated 70M ADA as retail traders stay cautious.
• Cardano (ADA) faces key breakout resistance near the $0.89 level.
• Bitcoin’s dominance limits altcoin momentum and ADA’s recovery.

Cardano’s price has been caught in a tug-of-war as the broader crypto market rallies behind Bitcoin’s surge to record highs.

While Cardano (ADA) remains more than 70% below its all-time peak, signs of accumulation by large holders suggest that the token could be preparing for a decisive move, with $0.89 emerging as the key breakout level.

However, retail hesitation and shifting market sentiment continue to weigh on its momentum, leaving traders watching closely for confirmation of the next trend.

Bitcoin dominance leaves Cardano lagging

Bitcoin’s climb to $125,000 has reshaped the market landscape, pulling liquidity from altcoins into BTC and exchange-traded funds.

The Bitcoin Dominance Index has risen to 58.3%, reflecting a clear rotation of capital that has left many altcoins struggling to keep up.

Cardano has not been spared, underperforming the wider market and slipping by 0.5% over the past 24 hours to trade at $0.854.

Cardano’s trading volumes have fallen by 13% to $1.13 billion, signalling a dip in immediate demand even as technical patterns show a buildup of pressure beneath the surface.

Whales accumulating ADA as retail hesitates

Beneath the quiet price action, large Cardano holders have been steadily adding to their positions.

Wallets holding between 10 million and 1 billion ADA have collectively absorbed an additional 70 million tokens in recent days, worth close to $59 million at current prices.

The Chaikin Money Flow (CMF), a measure of capital inflows, has turned positive at 0.12, reinforcing the view that larger players are preparing for a potential upside move.

However, the enthusiasm of retail traders has not matched this activity.

The Money Flow Index has been trending lower, pointing to weaker conviction among smaller investors.

This divergence between whale accumulation and retail caution has kept ADA coiled inside a symmetrical triangle, delaying a sharper breakout even as broader conditions tilt in favour of accumulation.

ADA price analysis

From a technical standpoint, ADA faces layered resistance that could determine whether the token manages to escape its consolidation range.

The immediate barrier lies at $0.855, where the 50-day simple moving average converges with the 50% Fibonacci retracement level.

A stronger resistance zone sits between $0.86 and $0.89, the latter acting as the critical breakout level that traders are monitoring.

A daily close above $0.89 would confirm bullish momentum and open a path toward $0.93 and $0.95.

On the other hand, Cardano’s price has tested $0.832, a zone tied to the 61.8% Fibonacci retracement, which now serves as a short-term floor.

A deeper dip below $0.78 would invalidate the bullish setup and confirm a bearish turn, leaving the triangle structure broken.

But until then, ADA remains in a delicate balance between buyer accumulation and market hesitation.

Cardano price outlook sparks optimism

Despite its struggles, some analysts believe Cardano is primed for a resurgence reminiscent of past breakout runs seen in other major assets.

Market analyst Timofei argues that ADA mirrors the conditions that allowed XRP to surge in 2024 and Solana to rebound dramatically in 2023.

Notably, XRP posted a 239% rally last year, while Solana’s comeback from the depths of the FTX collapse saw a 919% increase.

Timofei notes that ADA has been consolidating inside an expanding symmetrical triangle since early 2023.

The analyst notes that after a rejection near $1.32 in December, Cardano (ADA) has moved closer to the midpoint of the structure.

Timofei expects a retest of the lower trendline, which could mark the final bottom before a significant rebound.

His analysis points to a potential breakout that could send ADA back toward the $3 region, a 254% gain from current prices.

The post Cardano (ADA) eyes $0.89 breakout as Bitcoin steals the spotlight appeared first on CoinJournal.

• Bitcoin has surged to a new all-time high, surpassing $125,750.
• The rally follows a volatile September, with Bitcoin soaring over 9% in October.
• The key $120,000 level has been successfully turned into a support base.

The king of crypto has reclaimed its crown in a stunning display of power and resilience.

Bitcoin has shattered its previous all-time high, blasting past the monumental $125,000 barrier in a powerful surge that signals the triumphant return of the bulls.

The record-breaking performance, which saw the cryptocurrency touch a staggering 125,750 dollars in early Sunday trading, is a defiant roar from a market that has shaken off the blues of a volatile September and is now charting a bold new course.

A fortress at $120,000: The anatomy of a breakout

This is not a random surge; it is a rally built on a powerful technical foundation.

The latest milestone comes after the market successfully defended the critical 120,000 dollar level, transforming what was once a ceiling of resistance into a solid floor of support.

This successful conversion was the final piece of the puzzle, the technical green light that has paved the way for this powerful new leg higher and reinforced investor confidence in the cryptocurrency’s long-term prospects.

The powerful upswing, which has seen Bitcoin’s value soar by over 9 percent in October alone, is a testament to the asset’s growing acceptance and its remarkable ability to rebound from periods of turbulence.

A flight to safety, a bet on debasement

The rally is not happening in a vacuum. It is being fueled by a potent cocktail of macroeconomic uncertainty and a growing narrative that the value of traditional fiat currencies is being eroded.

The ongoing US government shutdown has injected a deep sense of instability into the global financial system, a chaos that appears to be driving investors toward alternative stores of value.

This “dollar debasement narrative” is not just lifting Bitcoin; its effects are visible across the safe-haven spectrum.

Spot gold also advanced on Friday to 3,876.55 dollars per ounce, lifting its weekly gain to over 2 percent in a powerful parallel move.

“With many assets including equities, gold and even collectibles like Pokemon cards hitting all time highs, it’s no surprise Bitcoin is benefiting from the dollar debasement narrative,” said Joshua Lim, co-head of markets at the crypto prime brokerage firm FalconX, in a statement to Bloomberg.

As the world grapples with a new era of economic uncertainty, Bitcoin is once again making its case as a viable and powerful alternative.

The king is back on his throne, and the market is watching with bated breath to see just how high his new reign will take him.

The post Bitcoin shatters all-time high, surging past $125,000 appeared first on CoinJournal.

• Bitcoin nears record $124K after strong September and Uptober surge.
• Institutional ETF inflows and corporate buys fuel bullish momentum.
• Analysts project $160K–$200K if demand growth continues in Q4.

Bitcoin (BTC) has stormed into the final quarter of 2025 with the kind of momentum that traders had hoped for, breaking through the $120,000 barrier and reigniting talk of fresh all-time highs.

The rally comes on the heels of a surprisingly strong September and is already being described as the early stages of what could be a historic “Uptober.”

With BTC now hovering just a few percentage points below its record high of $124,128 set in August, analysts and on-chain observers say the conditions are aligning for a drive toward $200,000 before year’s end.

Seasonal surge takes hold

September closed above $114,000, up about 5% for the month, bucking the usual trend of weakness and building a foundation for October’s breakout.

Historically, whenever September has ended in the green, the fourth quarter has delivered outsized gains, with years like 2015, 2016, 2023, and 2024 producing average rallies above 50%.

That pattern, coupled with October’s average gain of 21.8% and November’s 10.8%, has cemented “Uptober” as more than a slogan for crypto traders.

Already this month, Bitcoin has climbed nearly 10% in a week, extending a year-to-date gain of about 27%.

The proximity to its all-time high adds to the sense of inevitability that new records are within reach if demand continues to hold.

Institutions are driving BTC demand

Behind the price action, institutional activity is setting the tone.

US spot Bitcoin ETFs have pulled in billions in inflows since early September, including more than $600 million for two consecutive days and $2.25 billion over the past week.

BlackRock’s IBIT ETF has emerged as the centre of this demand, with its options open interest topping $38 billion and even surpassing Deribit, traditionally the largest derivatives venue.

Corporations are also reinforcing the bullish trend. Strategy, formerly MicroStrategy, now controls 3.2% of Bitcoin’s total supply after adding more than 11,000 coins in recent weeks.

The steady accumulation reduces exchange supply and signals confidence from long-term holders.

This kind of sustained buying creates an upward pressure that is difficult for the market to ignore.

Bitcoin technical breakout confirms the momentum

The technical picture is equally supportive. Bitcoin has decisively broken above $119,500, a resistance level that capped prices through late September.

Indicators such as the MACD and RSI are flashing bullish signals, while the price continues to trade above short-term moving averages.

Eyes are on $124,600 as the next test, with Fibonacci extensions pointing toward $128,000–$130,000 as near-term targets.

However, the bigger story is what lies beyond. JPMorgan’s latest analysis compares Bitcoin with gold and suggests a theoretical fair value of $165,000 if adoption trends converge.

Citi has also issued a 12-month target of $181,000, and Standard Chartered has gone even further, projecting that institutional flows could push Bitcoin to $200,000 by year-end.

CryptoQuant’s bull score index hovers around 40–50, the same levels seen before major breakouts in 2020 and 2024, and the firm believes Bitcoin could reach between $160,000 and $200,000 this quarter if demand persists.

The US government’s shutdown has also shaken confidence in traditional markets, pushing investors toward hard assets like Bitcoin and gold.

$200k within sight

The mix of seasonal strength, institutional inflows, technical momentum, and macro uncertainty is creating conditions unlike any Bitcoin has faced before.

With the asset just shy of its all-time high and liquidity pouring in, analysts argue that $200,000 is no longer a bold outlier but a realistic scenario if buying pressure continues through the quarter.

For now, the key question is whether Bitcoin can sustain closes above $120,000 and break decisively past $124,000.

If it does, “Uptober” may prove to be the spark that propels the world’s largest cryptocurrency into its most explosive rally yet.

The post Uptober ignites: why $200k is within reach after Bitcoin breaches $120K appeared first on CoinJournal.

• Bitcoin has broken above the key $120,000 level for the first time since August.
• The rally is fueled by renewed optimism about macroeconomic tailwinds.
• BTC futures open interest has hit a record high of $32.6 billion.

The bulls are back in charge. Bitcoin has shattered the critical $120,000 resistance level, surging to a height not seen since mid-August as a powerful wave of optimism sweeps through the market.

The breakout, which follows a steady five-day climb, signals that traders are decisively positioning for a bullish final quarter of the year, undeterred by the political chaos unfolding in Washington.

This is a rally built on both renewed macroeconomic hope and a powerful internal market dynamic.

In the derivatives market, the conviction is palpable, with open interest in BTC futures soaring to a new record high of $32.6 billion, a clear sign that traders are placing big bets on further upside.

A short squeeze in the making?

Beneath the surface of this bullish momentum, a potentially explosive setup is taking shape.

On-chain analyst Skew has noted that even as open interest soars, a significant number of short positions are also piling up.

This creates the perfect conditions for a “short squeeze,” a violent upward price move that is triggered when a rising price forces a cascade of short-sellers to buy back their positions, adding even more fuel to the rally’s fire.

The shutdown factor: a crisis becomes a catalyst

Ironically, the political crisis in the United States may be a key catalyst for the market’s renewed optimism.

The ongoing government shutdown has injected a dose of profound uncertainty into the economic picture, a chaos that traders seem to believe will ultimately benefit risk assets like Bitcoin.

Treasury Secretary Scott Bessent warned on Thursday that the shutdown could have a real and damaging impact.

“We could see a hit to the GDP, a hit to growth and a hit to working America,” he told CNBC.

This economic weakness, coupled with the fact that the Federal Reserve will be deprived of a fresh jobs report, makes an interest rate cut at the end of this month all but a certainty.

The flip from skeptic to believer

The sheer strength of the recent advance has been enough to turn even the skeptics into believers.

Paul Howard, a senior director at the crypto trading firm Wincent, admitted he had been skeptical about a rebound earlier in the week, but the market’s relentless climb has changed his mind.

“With $BTC trading back at levels last seen in mid-July, the total market cap is once again above $4 trillion,” he noted.

We have seen a slow grind higher breaking above $115,000, indicating we are now more likely to stay above this level, with a CME gap to lock in the floor at $110,000.

His conclusion is now as bullish as the market’s momentum. “I believe we are now set to see a sustained rally above $120,000 in the coming weeks,” he added.

The quiet days of late September are over, and the battle for the next leg higher has begun.

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