Bitcoin Hovering Near $71,000 While A Bigger Move Brews Beneath
Bitcoin is hovering near the $71,000 mark, consolidating after recent swings as the market digests key liquidity zones. While price remains contained, underlying technical signals suggest a larger move may be brewing, with both upside breakouts and downside sweeps on the horizon. A Bounce Back To $71,000 After Channel Support Holds Crypto analyst Columbus highlighted Bitcoin’s resilience following a successful bounce from its channel boundary support. This technical reaction has allowed the price to grind steadily higher, reclaiming the $71,000 level. While the explosive momentum has....
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Dogecoin is compressing beneath a dense band of weekly resistance that could unlock a powerful upside continuation once cleared, according to crypto analyst The Great Mattsby (@matthughes13). In his October 5 video, Mattsby frames the 0.618 retracement from the 2021 peak to the 2022 cycle low—marked at $0.26261—as the immediate trigger that “price is still getting rejected at,” adding: “That’s the area of interest to maybe try to close above.” Screenshots of his weekly DOGE/USDT chart show price hovering around $0.248–$0.249 at the time of recording, with a session high near $0.265 and low....
While a proposal to increase tax obligations to Bitcoin actors brews in the senate, Yellen lobbies against Bitcoin in the background.
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