The digital currency nosedived below $100K on Tuesday before clawing its way back to $104K on Wednesday afternoon. Galaxy Research Revises Bullish Target Down to $120K Tuesday belonged to the bears. Bitcoin ( BTC) plunged below $100K triggering nearly $500 million in BTC liquidations. It was the first time the cryptocurrency had entered sub-$100K territory […] Original
Tag: 120K
Bitcoin Options Traders Position for December With Heavy $120K and $140K Strikes
By 11 a.m. Eastern time on Wednesday, bitcoin is trading above $103,000 after a short-lived dip below the six-figure mark the day prior, but the real action is happening in the derivatives pits. From Futures to Options: Bitcoin’s Derivatives Arena Remains Quite Active According to data from Coinglass, total bitcoin futures open interest (OI) stands […] Original
Solana Price Prediction: Analysts Expect $250 Recovery If Bitcoin Regains $120K
The digital asset market is shifting fast, and both Solana and Bitcoin are again in focus. Analysts expect a rebound across the top altcoins, with MAGACOIN FINANCE also drawing attention as traders seek fresh opportunities after the recent pullback. Solana Price Prediction: Can SOL Hold the $217 Level? Solana price sits near $217, a key level that traders are watching closely. The coin has pulled back after recent gains but remains inside its longer-term rising structure. A clean reaction above $217 could set up a return toward $230–$235, which has…
Can Bitcoin reclaim $120k? Analysts warn of macro pressures
Analysts at Bitfinex see Bitcoin targeting $117K–$120K, but recovery hinges on fresh capital entering the spot market. Summary Analysts at Bitfinex report a 2.5x imbalance between sellers and buyers in crypto markets U.S.–China trade tensions erased $1 trillion from the crypto market For Bitcoin to recover, fresh capital needs to enter, despite murky fundamentals After weathering one of the most violent liquidation events in crypto history, Bitcoin could be making a comeback. On Monday, Oct. 13, Bitfinex released a report detailing the crash and outlining a potential recovery. However, the…
Bitcoin Futures Open Interest Climbs Despite Price Consolidation Above $120K
Bitcoin ( BTC) derivatives markets showed signs of renewed activity Thursday, with total futures and options open interest (OI) trending higher as BTC traded around $121,280 during the afternoon session, following an intraday low of $120,923. BTC Options Data Reveals Bullish Tilt With 59.57% Calls vs 40.43% Puts Data from Coinglass revealed that total BTC […] Original
Bitcoin Price Falls Below $120K on Bitstamp, Hits $119,736 Low
Bitcoin ( BTC) briefly fell below the $120,000 mark on Bitstamp Thursday, hitting an intraday low of $119,736 at 1 p.m. EST before stabilizing slightly. Bitcoin’s price dropped under the $120,000 threshold on Bitstamp on Thursday, Oct. 9, 2025, reaching an hourly low of $119,736 at 1 p.m. EST. The move marked a sharp 3.6% […] Original
Bitcoin price flirts with $120k correction as market cools, can the rally resume?
The latest Bitcoin price rally appears to be losing momentum after a record-breaking run, with prices now testing key levels that could decide its next move. Summary Bitcoin price trades near $122,000 after briefly dipping toward $120,600, marking a mild cooldown following its surge to new all-time highs. The multi-day rally from early October’s “Uptober” run saw BTC break $126,000 before consolidating in a tight range on lower volumes. A double bottom pattern and low profit-taking activity suggest bullish momentum may continue if Bitcoin holds above $120,000 support. Bitcoin price…
Bitcoin Buying Pressure Continues to Build Above $120K
Key takeaways: Bitcoin’s net taker volume has rebounded from extremely bearish to neutral levels. Onchain and market data indicate controlled profit-taking, not panic selling. Binance data shows Bitcoin’s strongest buying momentum since July. Bitcoin (BTC) price stabilized above $120,000 after sharply correcting from its all-time high on Tuesday. As buyers step back in, spot and derivatives markets appear to be converging toward a more balanced state, providing a stronger foundation for the next move higher. Bitcoin four-hour chart. Source: Cointelegraph/TradingView According to CryptoQuant, the medium-term trend in derivatives markets has…
Bitcoin Fades as BTC Dips to $120K, Spot Gold Hits New High
Key Notes Bitcoin fell to $120K after a 2.22% daily drop, down 3.75% from its recent peak. Gold hit a record $4,017 per ounce, up 53% year-to-date amid risk aversion. On-chain data shows Bitcoin’s Fund Flow Ratio at historic lows as well. Bitcoin BTC $121 400 24h volatility: 1.9% Market cap: $2.42 T Vol. 24h: $78.64 B has retreated to the $120,000 level following a 2.22% drop in the past 24 hours, now trading near $121,000, down 3.75% from its all-time high of $126,000 earlier this week. The leading digital…
Strategy’s BTC stack tops $77.4B with Bitcoin back at $120K
Strategy Inc., the crypto treasury firm co-founded by Bitcoin bull Michael Saylor, saw its Bitcoin holdings hit a record high above $77 billion as the flagship cryptocurrency returned to the $120,000 level after several weeks of volatile price action. Summary Strategy Inc.’s Bitcoin holdings have hit a new all-time high as BTC returned to levels above $120,000. The company has acquired 11,085 BTC in the past seven weeks. Strategy’s mNAV recovered from a low of 1.195 in September to over 1.5. As of Oct. 3, Strategy’s Bitcoin stash, which comprises…