Bitcoin, which started the month on a negative note, has begun to regain some positive momentum and is up by 1.66% in the past 24 hours. This recovery comes amid renewed optimism in the crypto space, as traders and investors remain hopeful for a solid finish to the year.

Bitcoin (BTC) is showing signs of resilience in the face of recent market fluctuations, with the price hovering around $61,361.60. According to recent analysis, the combination of robust demand in the United States and a technical indicator known as the “golden cross” may provide the support needed for a short-term recovery.

Peter Schiff, a prominent financial commentator and Bitcoin skeptic, has issued a stark warning: Bitcoin may have entered a bear market. With the cryptocurrency struggling to maintain its footing, Schiff's analysis highlights a troubling trend: Bitcoin's performance has significantly lagged behind that of gold.

The price of Bitcoin (BTC) experienced a steep decline in the past week, falling as low as $60,000 based on data from CoinMarketCap. However, the BTC market has made some recovery in the last day in line with positive jobs data news from the US.

Bitcoin's price is once again hovering near a key support level, leaving the market wondering: will it hold its ground or retreat to lower levels? The cryptocurrency briefly surpassed $61,000, raising hopes for further gains, but it remains dangerously close to the critical support at $60K.

The Bitcoin price having an outstanding Q4 to close the year 2024 has been one of the most prominent narratives in the cryptocurrency market in recent weeks. Interestingly, a popular blockchain firm has weighed in with unique on-chain insights into the BTC's price trajectory.

Bitcoin has been teetering on the brink of a bear market for the last three weeks. To keep Bitcoin price stable during the bull period, demand must increase.

Bitcoin (BTC) has once again found itself in the spotlight—not just for its recent price drop, but also due to the intriguing comments from prominent investor Michael Saylor. Known for his strong advocacy of Bitcoin, Saylor referred to the cryptocurrency as “lightning in a bottle.

Bullish Trend For Bitcoin An analyst has explained how the data of an on-chain indicator could indicate that a bullish trend is still on for Bitcoin despite the latest pullback. In a new post on X, CryptoQuant author Axel Adler Jr has talked about the latest trend in the Bitcoin Coinbase Flow Pulse.

On October 4, US spot Bitcoin exchange-traded funds (ETFs) recorded their first inflow of the month, rebounding from outflows totaling $400 million in the initial three trading days.

Bitcoin might be about to crash expectations in October as on-chain data revealed a shift.

An analyst has explained how the data of an on-chain indicator could suggest a bullish trend is still on for Bitcoin despite the latest pullback.

Bitcoin (BTC) heads into the weekend, traders are preparing for what could be an unusually volatile period. Recent data reveals a significant kink in Bitcoin's implied volatility curve, indicating that traders expect larger price swings this Saturday, October 5.

The price of Bitcoin hasn't quite started the month as widely expected, falling to around the $60,000 mark on Thursday, October 3rd. This bearish pressure is believed to have been triggered by the escalating tension in the Middle East after Iran fired missiles into Israel.

Bitcoin's (BTC) price recently experienced a 7.8% decline, dropping to $60,000. However, as the king of cryptocurrencies recovers from this drawdown, support from a significant group of investors could push the price higher.

Business intelligence and software company MicroStrategy plans to advance its Bitcoin (BTC) acquisition strategy with a new position it plans to fill. The firm has put out a vacancy on LinkedIn to hire a Bitcoin Advocacy Manager.

A three-week trend of net positive weekly inflows has reversed after a week of weak performance by the US-based spot Bitcoin funds.

Geopolitical tensions have always played a pivotal role in shaping global markets, and Bitcoin's [BTC] price is no stranger to these influences. As tensions rise in the Middle East, investors are asking whether these developments could trigger a downturn for Bitcoin.

Ki Young Ju, the founder of the on-chain analytics platform CryptoQuant, revealed that Bitcoin whales are currently moving out of character in terms of profit-taking. These whales likely believe that the bull is far from over, which is why they haven't secured as much profit as they have done in previous bull runs.

Institutional demand for Bitcoin rises as US Spot Bitcoin ETFs now hold 4.6% of the total supply, valued at $58 billion, almost surpassing the holdings of the biggest BTC owner, Satoshi Nakamoto. This surge underscores institutional investors' preference for regulated investment options over direct crypto purchases.

Asset manager Bitwise has filed a proposal with the U.S. Securities and Exchange Commission (SEC) to merge three bitcoin and ethereum futures exchange-traded funds (ETFs) into a single fund. This new fund will utilize a momentum-based strategy, targeting both bitcoin and ether futures.

Bitcoin (BTC) has faced a rough start to the historically bullish month of October, impacted by escalating geopolitical tensions in the Middle East. Despite this, bulls remain hopeful for a turnaround later in the month.

Amid increased price volatility in the cryptocurrency market, top tokens continue recording a mixed price sentiment. Moreover, limelight tokens such as Bitcoin, Ethereum, and XRP are currently hovering close to critical ranges.

The price of Bitcoin has not had the most straightforward performance in 2024 despite a strong start to the year. The flagship cryptocurrency has spent most of the last two quarters in consolidation, fluctuating within the $50,000 and $70,000 range.

The global market capitalization remains steady at $2.24 trillion, with Bitcoin trading at $62,000 and Ethereum at $2,400, both showing positive gains. As geopolitical factors continue to shape market sentiment, analysts are keeping a close watch on regulatory developments and their impact on cryptocurrency investments.

A majority want candidates to adopt clear stances on crypto, indicating that addressing crypto regulation could influence voter support.

Analyst and trader Justin Bennett is outlining one scenario where Bitcoin (BTC) may suddenly soar to $70,000. Bennett tells his 111,600 followers on the social media platform X that he can see one way Bitcoin surges more than 12% from its current value without first dipping below $60,000.

Spot Bitcoin exchange-traded funds in the U.S. recorded outflows of over $300 million this week as global macroeconomic events sparked uncertainty over short-term direction. After closing the historically bearish September with over $1.1 billion in inflows, roughly $388.

Transforming the $61k level into a support zone is vital for triggering a bull rally in Q4.

Buyers are controlling the initiative at the beginning of the weekend, according to CoinMarketCap.

Bitcoin, the world's most well-known cryptocurrency, is currently experiencing a turbulent period. As we enter October, the price has seen a noticeable drop from around $66,000 to just under $60,000 in a matter of days.

Bitcoin (BTC) maintained a muted trading pattern on Thursday and Friday, following a notable drop earlier in the week largely attributed to rising geopolitical tensions, particularly the escalating conflict between Israel and Lebanon.

A new documentary claims to reveal the mysterious person behind Bitcoin's creation. Could the true identity of its creator finally be uncovered?

The International Monetary Fund (IMF) is still not comfortable with El Salvador's Bitcoin gamble.

A Bitcoin (BTC) whale from the network's earliest months is sending more of its holdings to crypto exchange Kraken after 15 years of dormancy. The whale, a colloquial term for entities holding a huge amount of Bitcoin, holds BTC mined just one month after the network went live in 2009.

Michael Saylor is regarded as one of the most influential advocates of Bitcoin (CRYPTO: BTC), and MicroStrategy Inc. (NASDAQ:MSTR), a software firm established by him, functions more like a proxy of the leading cryptocurrency. But not many know that the Bitcoin evangelist wasn't bullish on the asset from the get-go.

Buying pressure on Bitcoin has been rising. This can affect the king coin's price positively.

The cryptocurrency market went through a relatively volatile 24 hours, where Bitcoin took center stage and managed to increase above $62,000. The uptick has also given leeway to smaller-cap altcoins to recover, with one viral meme coin exploding by as much as 25% on the day.

The International Monetary Fund (IMF) has urged El Salvador to review its Bitcoin policies and enhance its cryptocurrency regulations. In a press conference on October 3, Julie Kozack, the director of the IMF's communications department, highlighted the collaborative efforts between IMF staff and Salvadoran officials.

On Friday, the 12 U.S. s pot bitcoin exchange-traded funds (ETFs) experienced positive inflows, totaling $25.59 million. Concurrently, the nine spot ether ETFs garnered a combined $7.39 million in inflows during the day's trading session. Bitcoin ETFs Rebound With $25.59M Inflows, Ether Funds Add $7.

A self-proclaimed Bitcoin pleb and actual brain surgeon, Dr. Jack Kruse, has the sauce and I want everyone to try it.

Dallas Mavericks minority owner Mark Cuban has teased a plan floated by Donald Trump to pay off U.S.

A cryptocurrency analyst has warned that key fundamentals and technical indicators are signaling a possible major downturn for Bitcoin (BTC) despite the leading digital asset attempting to push further above $60,000.

A widely followed crypto analyst believes one Ethereum (ETH)-based altcoin is gearing up for a massive breakout.

In the last 24 hours, Solv Protocol, a leading Bitcoin staking platform, with a 24-hour protocol fee of $1.48m, has emerged as the sixth largest among the protocols. Interestingly, Solana, with $1.24m in fees, and Uniswap, with $1.15m in fees, have been pushed down to eighth and ninth positions, respectively.

Nearly six months after the debut of Bitcoin Core 27.0, the BTC development team have launched the latest update of the protocol. Dubbed Bitcoin Core 28.0, this new iteration comes with a couple of improvements and bug fixes for the Bitcoin mainnet.

The October Bitcoin price analysis seems uncertain about its future, with mixed signals from market analysts. Will it drop to $52,000 or rally toward new highs?