BTC price was stuck in tight consolidation near $68K, triggering a spike in profit taking. Will it derail further surge towards the March ATH?

DOGE is among the few altcoins in the green on a daily scale.

Alabama man arrested by FBI in connection with the January 2024 unauthorized takeover of the U.S. Securities and Exchange Commission's (SEC) X account.

An Alabama man was arrested for hacking the SEC's X account and posting a fake Bitcoin ETF approval

Right now, there are two significant liquidation thresholds that Bitcoin is positioned between, and knowing which way the price will go in the future is crucial. Key levels at roughly $68,900 and $66,000 that are likely to affect price action are highlighted on the Binance BTC/USDT liquidation heatmap.

On October 17, Kraken introduced Kraken Wrapped Bitcoin (kBTC), a new ERC-20 token aimed at increasing Bitcoin's utility across decentralized applications (dApps) on networks such as Ethereum and OP Mainnet.

Henrik Zeberg, a macroeconomist known for his expertise in business cycles, has pinpointed an upcoming rally of at least 60% for the Bitcoin price in his latest technical analysis. The seasoned analyst has identified a pattern across three critical technical indicators that have historically signaled major upward price movements when all aligned.

Bitcoin price is showing strong upward momentum, currently trading at around $68,000, supported by a solid 50-day EMA near $67,500.

Bitcoin (BTC) continued to rise as it edges to $68,000, with the world's largest cryptocurrency up by 0.65% over the past 24 hours. The crypto market had a mixed day, with BTC, Ethereum (ETH), Shiba Inu (SHIB), Dogecoin (DOGE), and Litecoin (LTC) posting gains.

Wall Street titan Morgan Stanley has significantly ramped up its exposure to Bitcoin, with its Bitcoin ETF holdings now exceeding $272.1 million. This marks just over two months since the investment powerhouse began providing its clients with indirect exposure to Bitcoin via ETFs.

The crypto world is on high alert as $1.62 billion worth of Bitcoin (BTC) and Ethereum (ETH) options contracts are about to expire this Friday. Bitcoin has recently reached the strong $68,000 mark, suggesting the start of a possible bull run, especially with October being a historically good month.

The FBI arrested Eric Council Jr. who used the SEC's X account to post a fake BTC ETF approval in January, causing a price surge.

Recently, an American multinational investment bank and financial services company, Morgan Stanley, admitted that it holds a massive investment of $272 million in Bitcoin ETFs.

BTC price resistance in the form of a downward-sloping channel is getting a grilling, which Bitcoin bulls hope may be its last.

US spot bitcoin ETFs recorded $470 million in net inflows on Thursday, led by BlackRock's IBIT with $309 million.

The chief investment officer of crypto asset management firm Bitwise believes Bitcoin (BTC) will hit six figures sometime next year. In a new interview on the Altcoin Daily YouTube channel with Aaron Arnold, Bitwise CIO Matt Hougan says that multiple factors seem to be lining up to make 2025 a big year for Bitcoin.

Yet another reason that has given the rocket fuel to the price of Bitcoin is the rapidly approaching US presidential elections. Several analysts are keenly observing whether political dynamics will take their toll on the cryptocurrency in the near future with the election date nearing.

MicroStrategy Inc. (NASDAQ:MSTR) founder Michael Saylor encouraged those who doubt the upside potential of Bitcoin (CRYPTO: BTC) to go short on the company's stock, assuring that it would never sell the cryptocurrency. What happened: During an interview with journalist Madison Reidy that aired Thursday, Saylor asked skeptics to "love" MicroStrategy if they really "hate" Bitcoin.

Spot Bitcoin exchange-traded funds recorded their fifth consecutive day of inflows on Oct. 17 led by BlackRock's IBIT for the third straight session. The combined inflows of the 12 spot Bitcoin ETFs reached an impressive $470.

Cryptocurrency Market Today: The global cryptocurrency business has seen modest gains today, with a slight increase of 0.05%, pushing the total market cap to $2.32 trillion. Despite a dip in 24-hour trading volume, now down 5.75% at $76.18 billion, the market remains neutral, as reflected in the Fear & Greed Index at 58.

Craig Wright, discredited by UK courts in his claim to be Satoshi Nakamoto, is launching a new legal battle against Bitcoin Core developers, seeking £911B in damages.

The crypto market will witness $1.62 billion in Bitcoin and Ethereum options contracts expire today. This volume of options expiring could cause short-term price volatility, potentially affecting traders' profitability.

Bitcoin (BTC), the largest cryptocurrency by market capitalization, is showing signs of a potential breakout, according to analyst Miles Deutscher. Historically, October has been a strong month for BTC, and recent trends suggest that the cryptocurrency may be on the verge of a substantial upward movement.

Solv Protocol has launched a new Bitcoin staking token on Solana, aiming to attract BTC holders with higher yield opportunities in the DeFi space.

Recent analysis shows that Bitcoin has officially broken out from important resistance levels. According to analyst Josh of Crypto World, this bullish trend follows a period of lower highs and lows, signaling a shift towards a more sustained bullish market.

Bitcoin made its second attempt to break free of the $68,300 resistance and faced rejection one more time. However the price is stable and BTC is trading around $67,670. A lot of whale movements have been detected after months which raises some concerns.

Bitcoin (BTC) is poised for a significant price surge. Ömer Ergin, known as Rekt Capital, recently shared insights with his followers that suggest Bitcoin is on the brink of a major upward movement, following historical patterns observed in previous market cycles.

Key Points:

Corners of financial markets that could feel the impact of a Donald Trump victory are stirring again, as the U.S. presidential race tightens with less than three weeks until Election Day.

BlackRock, the issuer of the IBIT ETF, acquired more than $680 million in Bitcoin in the last two days. This comes as IBIT, one of the most successful ETFs, is spiking in price.

The Bitcoin market has stabilized after a volatile start to the week. Bitcoin has faced significant resistance at levels around $67,500 to $68,000. After rejecting this resistance, a pullback seems likely. Although Bitcoin has shown strength recently, the current economic fundamentals could contribute to a downturn.

Cryptocurrency Prices Today, October 18: The broader market on Friday again showcased mixed actions, sparking investor speculations globally. Although Bitcoin (BTC) price briefly touched the $68K mark today, Ethereum (ETH), Solana (SOL), and XRP prices encountered market volatility.

BTC's price rally fuels bullish sentiment, with supply shortage signalling more gains.

On-chain data shows around 95% of all Bitcoin holders are in profit following the latest bullish action that the asset's price has seen. Very Few Bitcoin Addresses Are Still Underwater In a new post on X, the market intelligence platform IntoTheBlock has shared an update on how the Bitcoin holder's profitability is currently looking.

BitMEX co-founder Arthur Hayes predicts Bitcoin's price will rise alongside surging oil and energy prices if tensions between Iran and Israel boil over.

The cryptocurrency market has been rocked by an extraordinary wave of liquidations, with nearly $300 million wiped out in just one day. This surge is primarily attributed to a significant rally in Bitcoin's price, compelling many traders to exit their positions under duress.

Bitcoin and Ethereum continued trading flat even as equities notched fresh record highs. However, Dogecoin moved higher on Thursday.

Bitcoin has regained its dominance in the cryptocurrency market, with its market share climbing to an impressive 58.98%. This marks the highest level of dominance for Bitcoin since April 2021, reflecting a broader trend in which the leading cryptocurrency is outperforming its altcoin counterparts.

Bitcoin Spot ETF cost an average of $57K which is crucial for current bull rally.

A Russian crypto expert has backed Bitcoin to reach $70k to $75k by the end of this month, following a recent price surge.

A Bitcoin wallet from 2011 that had been inactive for over 13 years has suddenly moved more than $10 million worth of BTC. This transaction is the second such occurrence within the same week, raising questions about a potential connection between the two events.

Bitcoin price holding gains above the $67,000 resistance zone. BTC is now consolidating and aiming for more gains above the $68,350 resistance.

Morgan Stanley Bitcoin ETF holdings have reached $272.1 million, representing 0.02% of its $1.2 trillion in assets.

Recently, Bitcoin transactions involving large amounts, known as whale transactions, have surged to their highest level in over 10 weeks. On Tuesday, there were 11,697 transfers of $100,000 or more, and Wednesday also showed strong activity.

The spot Bitcoin exchange-traded funds (ETFs) launched earlier this year after securing approval from the U.S. Securities and Exchange Commission have surpassed $20 billion in total inflows, with BlackRock's iShares Bitcoin Trust (IBIT) leading with $22.4 billion inflows.

Bitcoin (BTC) is trading slightly lower in South Korea compared to the global cryptocurrency markets due to a reverse ‘kimchi premium,' not seen since October 2023. Reverse ‘Kimchi Premium' Makes Bitcoin Cheaper In South Korea According to a report by The Korea Times, there is a price differential of more than $500 between Bitcoin's price in South Korea and global markets.

Bitcoin (BTC) has continued its ascent in recent weeks, reclaiming major highs. However, recent analysis suggests that the $57,000 level could be one of the most critical support points for the ongoing bull rally.