Bitcoin's price has fallen out of a descending channel and confirmed this breakdown, raising concerns of a deeper drop to around $75,000. This comes amid the backdrop of the $6.3 billion Binance hack, which included about 18,270 BTC. Technical indicators suggest a potential correction, with key support levels at $75K and possibly as low as $67,800 if the correction deepens. However, a weekly chart adjustment could bring Bitcoin back inside the channel, indicating the $75K level might be the local bottom if support holds. Investors are watching closely to see if bulls can defend this level or if a further decline is imminent.
As of Nov 02, 2026 20:22 WIB, Bitcoin trades at Rp1.408.001.549 on Pluang, showing a slight decline of 0.48% over the past day. Despite the recent breakdown concerns mentioned in the news, Pluang users maintain a strong buying interest with 71% buy orders and a typical hold time of 112 days. Binance Coin also reflects cautious sentiment, down 0.86% at Rp12.788.330, highlighting a broader market sensitivity to recent events.
Bitcoin has maintained its position above the 50-week moving average for the seventh consecutive week despite the $6.3 billion hack on Binance, one of the largest crypto exchange breaches. This resilience suggests that much of bitcoin's speculative e...
As of November 2, tracked Bitcoin holdings across public companies, private companies, governments, ETFs, exchanges, and DeFi entities totaled approximately 4.22 million BTC. Public companies hold about 1.27 million BTC, led by Strategy with 849,327 ...
In the past 24 hours, Bitcoin (BTC) and Solana (SOL) experienced net inflows of $52.31 million and $34.23 million respectively, indicating increased investor interest. Meanwhile, Ethereum (ETH) saw the largest net outflow of $39.61 million, suggestin...
Bitcoin and crypto markets face a critical week with three major events: US midterm elections, rate decisions by central banks in Australia, Sweden, and the UK, and the US October jobs report. Investors link Bitcoin's potential rise to $100,000 by ye...
Dogecoin (DOGE) saw the largest 24-hour increase in futures open interest, rising 2.43% to $197.2 million, with a high funding rate of 0.0100% per eight hours, indicating strong long position dominance at 71.6%. In contrast, Bitcoin and Ether experie...
