CryptoMediaClub
Friday, October 3, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home All news

Bitcoin Price Prediction: The Key Onchain Support Levels Bulls Must Defend to Avoid $60,000

28.09.2025
A A
0
119
VIEWS
ShareShare

Bitcoin is under pressure after sliding from highs near $115,000 to around $109,300, raising concerns that bulls could lose their grip. If key support levels give way, analysts warn the price could retreat sharply, with $60,000 emerging as the critical long-term line in the sand.

Onchain Levels Traders Are Watching

The first major support sits near $111,400, where many recent buyers entered the market. Holding above this level keeps their positions in profit and confidence intact. A sustained drop below it, however, could trigger renewed selling pressure.

A broader demand zone lies between $104,000 and $108,000. This is where large volumes of Bitcoin changed hands, forming what analysts call a “make or break” region. If Bitcoin stays above this band, recovery attempts remain on the table. A clean break lower, by contrast, would leave the door open to deeper declines — with $102,800, $105,200, and $107,300 marking short-term supports before $60,000 comes back into focus.

  • Key short-term support: $107,300
  • Critical zone: $104,000–$108,000
  • Long-term floor: $60,000

Macro and Institutional Drivers

Market sentiment has also been shaped by macro signals. Fed Chair Jerome Powell recently emphasized that the central bank won’t rush into rate cuts, keeping investors cautious. His comments dampened appetite for risk assets, dragging Bitcoin back under $110,000.

Bitcoin has dipped below $113,000 following the Fed’s “risk-management” rate cut, which suggested further easing depends heavily on economic data.
Traders had priced in aggressive cuts; mixed inflation and labor data are now causing uncertainty and profit-taking. pic.twitter.com/Ihnh7Dc7zP

— Cryptic (@Cryptic_Web3) September 23, 2025

At the same time, BlackRock provided a counterweight. The asset manager purchased over 700 BTC (worth about $77 million) via Coinbase Prime, even as traders braced for volatility tied to the expiry of $17 billion in Bitcoin options. The move underlined institutional conviction despite retail hesitation.

BREAKING: BLACKROCK JUST BOUGHT $79.7M IN BITCOIN. pic.twitter.com/e2aTBBK3WI

— Conor Kenny (@conorfkenny) September 26, 2025

BlackRock is also pushing new products. Alongside its $87 billion IBIT, the firm has filed for a Bitcoin Premium Income ETF, designed to generate yield through covered call strategies. Analysts view this as a step to attract income-seeking investors and strengthen Bitcoin’s long-term case.

Bitcoin (BTC/USD) Technical Outlook: Bears Still in Control

From a charting perspective, Bitcoin remains trapped under a descending trendline from mid-September. The 50- and 100-period SMAs around $113,000–$113,500 are reinforcing resistance, highlighting a bearish crossover zone.

Recent candlestick activity reflects indecision. A cluster of small-bodied candles shows failed recovery attempts, while last week’s sequence of red candles resembled a “three black crows” pattern — a bearish continuation signal.

Bitcoin Price Chart – Source: Tradingview

Momentum is weak but not yet exhausted. The RSI sits at 33, just above oversold, offering no sign of bullish divergence. For traders, the setup favors shorts while Bitcoin stays under $113,000.

  • Short entry zone: $110,000–$110,400
  • Stop-loss: above $112,500
  • Targets: $107,300 and $105,200

For new traders, think of Bitcoin as moving down a staircase. Each failed bounce makes the next step lower more likely. Unless the coin decisively reclaims $113,000, sellers retain the upper hand.

Presale Bitcoin Hyper ($HYPER) Combines BTC Security With Solana Speed

Bitcoin Hyper ($HYPER) is positioning itself as the first Bitcoin-native Layer 2 powered by the Solana Virtual Machine (SVM). Its goal is to expand the BTC ecosystem by enabling lightning-fast, low-cost smart contracts, decentralized apps, and even meme coin creation.

By combining BTC’s unmatched security with Solana’s high-performance framework, the project opens the door to entirely new use cases, including seamless BTC bridging and scalable dApp development.

The team has put strong emphasis on trust and scalability, with the project audited by Consult to give investors confidence in its foundations.

Momentum is building quickly. The presale has already crossed $18.4 million, leaving only a limited allocation still available. At today’s stage, HYPER tokens are priced at just $0.012985—but that figure will increase as the presale progresses.

You can buy HYPER tokens on the official Bitcoin Hyper website using crypto or a bank card.

Click Here to Participate in the Presale

The post Bitcoin Price Prediction: The Key Onchain Support Levels Bulls Must Defend to Avoid $60,000 appeared first on Cryptonews.

Share9Tweet6ShareSharePin2

Related Posts

Bitcoin Breaks $120K As ‘Uptober’ Momentum Rises, Shutdown Fails To Stall Gains
All news

Bitcoin Breaks $120K As ‘Uptober’ Momentum Rises, Shutdown Fails To Stall Gains

03.10.2025
0

Bitcoin pushed above $120,000 late Thursday, extending a strong run that began in September and kept rolling into October, a...

Read moreDetails
Crypto Price Prediction Today October 2 – XRP, Pepe, Dogecoin

Crypto Price Prediction Today October 2 – XRP, Pepe, Dogecoin

03.10.2025
XRP Price Prediction: SWIFT Partners With Ethereum Firm – Is Ripple Losing the Payments Race It Started?

XRP Price Prediction: SWIFT Partners With Ethereum Firm – Is Ripple Losing the Payments Race It Started?

03.10.2025
Spot Bitcoin ETF Volume Tops $5 Billion as Price Breaks $120K – ATH Next?

Spot Bitcoin ETF Volume Tops $5 Billion as Price Breaks $120K – ATH Next?

03.10.2025
PUMP Price Prediction: Key Indicator Just Flashed Green – PUMP is About to Explode Higher

PUMP Price Prediction: Key Indicator Just Flashed Green – PUMP is About to Explode Higher

02.10.2025
Load More
Next Post
Novogratz: Dovish Fed Chair Nominee Could Trigger Major Bitcoin Rally

Novogratz: Dovish Fed Chair Nominee Could Trigger Major Bitcoin Rally

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Shiba Inu Price Prediction: TradingView Analyst Reveals Crucial Support That Could Trigger a Major Move

Shiba Inu Price Prediction: TradingView Analyst Reveals Crucial Support That Could Trigger a Major Move

4 months ago
Bitcoin reclaims $102,000 as sell-side liquidity dries up

Bitcoin reclaims $102,000 as sell-side liquidity dries up

9 months ago
Litecoin Rejected at $130 – Is the Bull Run Over or Simply Delayed? 

Litecoin Rejected at $130 – Is the Bull Run Over or Simply Delayed? 

7 months ago
SEC Initiates Consultations on Rule Change for Bitcoin Trading Options

SEC Initiates Consultations on Rule Change for Bitcoin Trading Options

1 year ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

XRP Price Prediction: SWIFT Partners With Ethereum Firm – Is Ripple Losing the Payments Race It Started?

Why is Bitcoin near all-time highs? Everything that happened in crypto today

Spot Bitcoin ETF Volume Tops $5 Billion as Price Breaks $120K – ATH Next?

PUMP Price Prediction: Key Indicator Just Flashed Green – PUMP is About to Explode Higher

CME Group to Launch 24/7 Crypto Futures and Options Trading in Early 2026

From Bitcoin to DeFi 2.0, the Trends Driving Crypto’s Future: WisdomTree Analyst

Trending

Bitcoin Breaks $120K As ‘Uptober’ Momentum Rises, Shutdown Fails To Stall Gains
All news

Bitcoin Breaks $120K As ‘Uptober’ Momentum Rises, Shutdown Fails To Stall Gains

03.10.2025
0

Bitcoin pushed above $120,000 late Thursday, extending a strong run that began in September and kept rolling...

Crypto Price Prediction Today October 2 – XRP, Pepe, Dogecoin

Crypto Price Prediction Today October 2 – XRP, Pepe, Dogecoin

03.10.2025
Will a Europe-US BTC reserve race actually happen?

Will a Europe-US BTC reserve race actually happen?

03.10.2025
XRP Price Prediction: SWIFT Partners With Ethereum Firm – Is Ripple Losing the Payments Race It Started?

XRP Price Prediction: SWIFT Partners With Ethereum Firm – Is Ripple Losing the Payments Race It Started?

03.10.2025
Why is Bitcoin near all-time highs? Everything that happened in crypto today

Why is Bitcoin near all-time highs? Everything that happened in crypto today

03.10.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz