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Bitcoin ETF

Bitcoin

<p><a href="https://coinpedia.org/price-prediction/bitcoin-price-prediction/" target="_blank" rel="noreferrer noopener">Bitcoin (BTC)</a> has seen an impressive rally of over 10% in the past two weeks but now faces a strong resistance level around $68,000. In the last four days, the leading cryptocurrency has been rejected twice at this price point, creating a potential double top pattern, alongside a bearish daily <a href="https://coinpedia.org/traders/what-is-relative-strength-index-rsi/" target="_blank" rel="noreferrer noopener">Relative Strength Index</a> (RSI).</p>   
<p>The four-hour chart shows a significant decline in bullish momentum over the past few days, raising fears of a possible selloff this weekend. The prevailing greed in the market could lead to a sudden flash selloff, followed by a quick rebound toward an all-time high.</p>   
<p>Here's a deep dive into everything you need to know. </p>   
<h2 class="wp-block-heading" id="h-bitcoin-price-targets-amp-key-levels">Bitcoin Price Targets &amp; Key Levels </h2>   
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<p>Renowned crypto analyst Michaël van de Poppe believes that hopes for Bitcoin to drop below $50,000 may never come true again. He expects Bitcoin to find strong support around $65,000, which could lead to a rebound in the long run.</p>   
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<p>Another analyst, known as Jelle, echoed similar thoughts, suggesting that a significant Bitcoin breakout toward price discovery is imminent. He pointed out that historical trends show that post-halving Bitcoin price consolidation often leads to major bull runs in the months that follow.</p>   [post_titles_links postid="368546"]   
<h2 class="wp-block-heading" id="h-whale-investors-on-the-hunt">Whale Investors On the Hunt</h2>   
<p>Despite the midterm market uncertainty and volatility, on-chain data shows that whale investors are aggressively accumulating more Bitcoins. In the past 24 hours, the Bitcoin supply on <a href="https://coinpedia.org/exchange/" target="_blank" rel="noreferrer noopener">centralized exchanges</a> declined by nearly 4k, coinciding with the ongoing market rebound.</p>   
<p>The United States-based spot Bitcoin ETF issuers, led by BlackRock’s IBIT, have accumulated more than $2 billion worth of BTCs in the past few days.</p>   
<p>On Thursday, the <a href="https://coinpedia.org/news/bitcoin-etf-inflow-surges-by-555-90m-is-this-behind-btc-price-rally/" target="_blank" rel="noreferrer noopener">US spot Bitcoin ETFs</a> registered a net cash inflow of around $470 million, thus recording the fifth consecutive day of cash inflow.&nbsp;</p>   
<p><strong>With whale accumulation and institutional interest on the rise, is Bitcoin poised for a major breakout? Tell us what YOU think.</strong></p>

Bitcoin Bull Run Predicted Between October 20th-30th!

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