No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Friday, October 31, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Market Analysis

Bitcoin Consolidates Near $120K as Profit-Taking Tests Institutional Momentum

by TheAdviserMagazine
3 weeks ago
in Market Analysis
Reading Time: 4 mins read
A A
Bitcoin Consolidates Near 0K as Profit-Taking Tests Institutional Momentum
Share on FacebookShare on TwitterShare on LInkedIn


After a strong start to October, has come under the influence of profit-taking since the beginning of the week, becoming stuck in the critical resistance zone. Although the market has remained bearish throughout the week, the fundamental support for Bitcoin remains strong.

The acceleration of institutional inflows into spot ETFs, the increasing accumulation tendency of long-term investors, and macroeconomic indecision stand out as the main factors likely to determine Bitcoin’s direction during this period.

Spot ETF Inflows Confirm Institutional Demand

Bitcoin’s high-volume breakout above the $120,000 resistance in early October showed that institutional demand in the market remains strong. Net ETF inflows of $2.2 billion were recorded — the second-largest weekly inflow of all time. These large inflows put upward pressure on the price by reducing supply in the spot market.

A similar trend occurred during the same period last year, with Bitcoin gaining more than 50%. Historically, the fourth quarter has been one of the strongest periods for Bitcoin, fueling market perception that institutional flows may positively affect pricing. Additionally, the continued accumulation by mid-sized Bitcoin holders — along with large investors — signals further bullish expectations. Beyond whales, the efforts of smaller BTC holders to increase their holdings is an important development, as it indicates capital is continuing to flow toward the broader base. This supports a more sustainable continuation of the Bitcoin trend.

Macro Balances: Strong Dollar and Changing Risk Perception

On the macroeconomic front, the picture remains mixed. According to the latest New York Fed survey, 1-year-ahead rose to 3.4%, the highest in 3.5 years. This increase signals that the Fed’s expected — projected to continue through 2026 — may be delayed. While the ongoing US federal government shutdown limits available data, what data is available has been effective in shaping market pricing. For example, the dollar has strengthened in recent days amid these expectations, placing short-term pressure on crypto assets, especially Bitcoin. Additionally, high valuations in equity markets are prompting investors to be more cautious in riskier assets.

When the Dollar Weakens, Bitcoin May Regain Momentum

Although demand for the dollar remains strong in the short term, expectations for this momentum to extend over the long term are weak. Accordingly, developments that could lead to a loss of confidence in the dollar may act as a bullish catalyst for Bitcoin. Meanwhile, increased profit-taking in — which has recently hit record highs — could also benefit Bitcoin. Given gold’s bullish performance this year, there are comments suggesting Bitcoin remains relatively undervalued. This strengthens the view that a possible pullback in gold could present a new buying opportunity for Bitcoin.

Technical Outlook for Bitcoin

Bitcoin appears to be in a technical decision phase in recent days. After the cryptocurrency moved above $120,000, it failed to break through resistance around the $125,000 band due to a loss of momentum.

Currently, Bitcoin is trying to hold the support level around the $120,300 region. In the short term, it faces strong resistance near the $122,000 average. If the price continues to remain in the $120,000–$122,000 band in the coming days, it would indicate ongoing consolidation. However, this tightening is likely to lead to a breakout. A high-volume breakout above the $122,000 resistance could open the way for a new upward wave. In this scenario, the $125,500 level could be the first target, followed by a potential new peak in the $130,000–$135,000 region.

In the downside scenario, if the price dips below $120,300, the $119,000 level is critical support. If this is lost, selling pressure may accelerate, with the price likely to retreat to the $114,000–$116,000 band. In the case of a deeper correction, the $106,000–$111,000 range may come into play.

Technical indicators currently show weakening short-term momentum for Bitcoin. The Stochastic RSI on the daily chart is starting to slope downward from the overbought zone, making the support line down to $119,000 more important.

However, if institutional buying and accumulation data remain strong, this may be seen as a healthy consolidation period before the next upward move.

**** InvestingPro provides a comprehensive suite of tools designed to help investors make informed decisions in any market environment. These include:

AI-managed stock market strategies re-evaluated monthly.
10 years of historical financial data for thousands of global stocks.
A database of investor, billionaire, and hedge fund positions.
And many other tools that help tens of thousands of investors outperform the market every day!

Not a Pro member yet? Check out our plans here.

Disclaimer: This article is written for informational purposes only. It is not intended to encourage the purchase of assets in any way, nor does it constitute a solicitation, offer, recommendation or suggestion to invest. I would like to remind you that all assets are evaluated from multiple perspectives and are highly risky, so any investment decision and the associated risk belongs to the investor. We also do not provide any investment advisory services.



Source link

Tags: 120KBitcoinConsolidatesInstitutionalmomentumprofittakingtests
ShareTweetShare
Previous Post

Morgan Stanley drops crypto fund restrictions for wealth clients

Next Post

Jump Raises $25M to Give Professional Sports Teams Full Control of Their Fan Experience – AlleyWatch

Related Posts

edit post
Forrester’s Consumer Predictions For 2026

Forrester’s Consumer Predictions For 2026

by TheAdviserMagazine
October 31, 2025
0

I wrote the theme to this year’s consumer predictions to the beat of Rihanna’s “We Found Love,” with the lyric...

edit post
Amazon Earnings Preview: Layoffs Mark the Start of AI-Era Efficiency Drive

Amazon Earnings Preview: Layoffs Mark the Start of AI-Era Efficiency Drive

by TheAdviserMagazine
October 30, 2025
0

Amazon plans up to 30,000 layoffs to streamline operations and prepare for AI-driven growth. AWS performance remains the key focus...

edit post
These Lesser-Known Tech Names Are Ready to Rally as Mag 7 Stocks Run Out of Steam

These Lesser-Known Tech Names Are Ready to Rally as Mag 7 Stocks Run Out of Steam

by TheAdviserMagazine
October 30, 2025
0

Markets reacted unevenly to the earnings reports from three of the Magnificent Seven on Wednesday evening. Rising costs and high...

edit post
Insurance Predictions For 2026

Insurance Predictions For 2026

by TheAdviserMagazine
October 30, 2025
0

The global insurance industry is heading into a transformative year in 2026, with seismic shifts driven by the rise of...

edit post
How Automated Data Logging Systems Are Transforming Industrial Operations?

How Automated Data Logging Systems Are Transforming Industrial Operations?

by TheAdviserMagazine
October 30, 2025
0

The automated data logging tools and systems market is witnessing significant growth as industries adopt digital solutions to enhance operational...

edit post
2026 Retail Predictions: A Flight To Profitability 

2026 Retail Predictions: A Flight To Profitability 

by TheAdviserMagazine
October 29, 2025
0

The retail landscape is entering a period of profound transformation, where profitability will no longer be optional but instead essential...

Next Post
edit post
Jump Raises M to Give Professional Sports Teams Full Control of Their Fan Experience – AlleyWatch

Jump Raises $25M to Give Professional Sports Teams Full Control of Their Fan Experience – AlleyWatch

edit post
Kalshi Starts Global Expansion With New 0M Raise

Kalshi Starts Global Expansion With New $300M Raise

  • Trending
  • Comments
  • Latest
edit post
77-year-old popular furniture retailer closes store locations

77-year-old popular furniture retailer closes store locations

October 18, 2025
edit post
Pennsylvania House of Representatives Rejects Update to Child Custody Laws

Pennsylvania House of Representatives Rejects Update to Child Custody Laws

October 7, 2025
edit post
What to Do When a Loved One Dies in North Carolina

What to Do When a Loved One Dies in North Carolina

October 8, 2025
edit post
Another Violent Outburst – Democrats Inciting Civil Unrest

Another Violent Outburst – Democrats Inciting Civil Unrest

October 24, 2025
edit post
Probate vs. Non-Probate Assets: What’s the Difference?

Probate vs. Non-Probate Assets: What’s the Difference?

October 17, 2025
edit post
California Attorney Pleads Guilty For Role In 2M Ponzi Scheme

California Attorney Pleads Guilty For Role In $912M Ponzi Scheme

October 15, 2025
edit post
Improve Customer Service From the SSA When Applying for SSDI

Improve Customer Service From the SSA When Applying for SSDI

0
edit post
Comcast keeps M&A ‘bar very high’ but hints more deals could come after Versant spin

Comcast keeps M&A ‘bar very high’ but hints more deals could come after Versant spin

0
edit post
Tariffs are expected to start showing up more in consumer prices as holiday shopping season starts

Tariffs are expected to start showing up more in consumer prices as holiday shopping season starts

0
edit post
MEXC Apologizes to ‘White Whale’ Trader over M Freeze

MEXC Apologizes to ‘White Whale’ Trader over $3M Freeze

0
edit post
These 7 Major Companies Are Laying Off Workers by the Thousands. Should You Worry About the Economy?

These 7 Major Companies Are Laying Off Workers by the Thousands. Should You Worry About the Economy?

0
edit post
Deal or No Deal? States Prepare for Congress To Act at the Last Minute on Obamacare

Deal or No Deal? States Prepare for Congress To Act at the Last Minute on Obamacare

0
edit post
MEXC Apologizes to ‘White Whale’ Trader over M Freeze

MEXC Apologizes to ‘White Whale’ Trader over $3M Freeze

October 31, 2025
edit post
Three billionaires dropped by a fried-chicken joint—and Jensen Huang bought everyone dinner

Three billionaires dropped by a fried-chicken joint—and Jensen Huang bought everyone dinner

October 31, 2025
edit post
Deal or No Deal? States Prepare for Congress To Act at the Last Minute on Obamacare

Deal or No Deal? States Prepare for Congress To Act at the Last Minute on Obamacare

October 31, 2025
edit post
Tariffs are expected to start showing up more in consumer prices as holiday shopping season starts

Tariffs are expected to start showing up more in consumer prices as holiday shopping season starts

October 31, 2025
edit post
Getting Started: How to Browse Listings

Getting Started: How to Browse Listings

October 31, 2025
edit post
Tattd gave four TechCrunch writers tattoos at Startup Battlefield

Tattd gave four TechCrunch writers tattoos at Startup Battlefield

October 31, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • MEXC Apologizes to ‘White Whale’ Trader over $3M Freeze
  • Three billionaires dropped by a fried-chicken joint—and Jensen Huang bought everyone dinner
  • Deal or No Deal? States Prepare for Congress To Act at the Last Minute on Obamacare
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.