Bitcoin Price Rebounds Above $112,000 As Strategy Buys 196 More Bitcoin
Bitcoin Price Rebounds Above $112,000 As Strategy Buys 196 More Bitcoin
Bitcoin Magazine Bitcoin Price Rebounds Above $112,000 As Strategy Buys 196 More Bitcoin Strategy, the world’s largest corporate holder of Bitcoin, added 196 BTC to its treasury last week for $22.1 million at an average price of $113,048 per coin, according to a U.S. SEC filing. This post Bitcoin Price Rebounds Above $112,000 As Strategy Buys 196 More Bitcoin first appeared on Bitcoin Magazine and is written by Micah Zimmerman.
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Plan B Network Launches $850K Bitcoin Pitch Contest CypherTank, Taps Tether and Blockstream Chiefs as Judges
Bitcoin Magazine Plan B Network Launches $850K Bitcoin Pitch Contest CypherTank, Taps Tether and Blockstream Chiefs as Judges Plan B Network has launched CypherTank, a first-of-its-kind Bitcoin-focused pitch competition in Lugano, offering over $850,000 in prizes. The competition will feature eleven projects competing across various Bitcoin-focused categories. The event, judged by industry leaders including Paolo Ardoino and Adam Back. This post Plan B Network Launches $850K Bitcoin Pitch Contest CypherTank, Taps Tether and Blockstream Chiefs as Judges first appeared on Bitcoin Magazine and is written by Vivek Sen.
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Bitcoin Retail Demand Retreats: 30D Change Falls To Lowest Level Since July
Bitcoin has managed to reclaim the $110,000 level, but momentum remains fragile as the market shows early signs of exhaustion. After recent volatility, BTC’s inability to extend gains higher has fueled speculation that a deeper correction may be in play. Traders are closely watching whether Bitcoin can hold above this critical threshold or if selling pressure will drag it lower in the coming sessions. Related Reading: Ethereum OI Suffers Its Biggest Cleanup Since Early 2024 – Details Despite the cautious outlook, some analysts view the current consolidation as a healthy reset in a broader bullish cycle. They argue that periods of cooling price action often serve as foundations for more sustainable rallies, reducing leverage and strengthening long-term support levels. Adding to this cautious optimism, top analyst Maartunn shared fresh data showing that retail demand is backing off. According to his findings, the 30-day Retail Demand Change has dropped to -5%, marking its lowest level since July. This trend suggests smaller investors are stepping aside, leaving price direction increasingly in the hands of larger players and institutions. Retail Capitulation And Macro Risks The current retreat in retail demand could carry a bullish undertone for Bitcoin. Historically, retail investors often act as a contrarian signal—buying aggressively near cycle tops and capitulating near market bottoms. With the 30-day Retail Demand Change dropping, smaller investors appear to be stepping aside just as Bitcoin consolidates above the $110,000 level. This reduction in retail activity may be a sign that the market is flushing out weaker hands, setting the stage for stronger accumulation by institutions and high-conviction holders. At the same time, broader macroeconomic risks add complexity to the picture. The looming threat of a US government shutdown is stirring concerns across risk assets, as investors weigh potential impacts on liquidity, market confidence, and the trajectory of Federal Reserve policy. Historically, periods of political gridlock and fiscal uncertainty tend to increase volatility, with Bitcoin often caught in the crosscurrents. However, uncertainty does not always translate into downside. In some cases, Bitcoin has benefited from macro turbulence as investors seek alternative assets outside of traditional financial systems. If retail investors remain on the sidelines while larger players accumulate, this dynamic could create a launchpad for a new bullish phase once macro conditions stabilize. Related Reading: MrBeast Enters The Aster Game: $1M Buy Signals Growing Interest Bitcoin Price Dynamics: Struggling At $112K Bitcoin is currently trading around $112,141, showing signs of resilience after its recent dip below the $110,000 level. The chart reflects a short-term recovery, but BTC is still facing strong resistance from the 50-day and 100-day moving averages, both positioned slightly above the current price zone. These averages have acted as dynamic barriers in recent weeks, capping upward momentum and reinforcing the market’s corrective phase. The rejection from the $123,217 resistance level, marked earlier in September, highlights the ongoing difficulty for bulls to sustain rallies. Since then, the structure has shifted into a lower-high formation, signaling fading momentum. Despite the bounce, the failure to reclaim and hold above the $114,000–$115,000 zone could expose BTC to further downside risk, with the 200-day moving average near $105,000 serving as the next critical support. Related Reading: Ethereum Outflows Hit Spot Exchanges Again: Bullish Signal Or Neutral Flows? For now, Bitcoin’s short-term outlook remains cautious: bulls need a decisive break above $115,000 to regain momentum, while bears may target deeper retracements if the $110,000 floor gives way again. The coming sessions will be crucial in determining whether this rebound is sustainable or just another pause in the correction. Featured image from Dall-E, chart from TradingView
Bitcoin Coin Days Destroyed Drops By 50% Amid Waning Price Action – What This Means
As the new week begins, Bitcoin, the largest cryptocurrency asset, experienced a slight upward move after reclaiming the $111,000 price mark once again. Within the ongoing volatility that has hindered BTC’s uptrend, several key on-chain metrics are starting to exhibit bullish developments, suggesting a potential resurgence in the market. HODL Wave Intensifies As Bitcoin CDD […]