Wintermute believes that BTC breaking below 82500 USD was followed by another test of 80000 USD, with short-term performance to be affected by the Federal Reserve decision and U.S. macroeconomic data. It said a return to 82000 to 82500 USD range may help resume the upward trend.
Compiled by BlockBeats Delphi Digital The report argues that AI the drive to build and socioeconomic pressures are jointly expanding demand for speculation, potentially benefiting crypto trading infrastructure and multi-asset trading platforms. The report also flags risks from regulation, fee competition, and trading cycles.
Analyst Darkfost said that, since August late in the month, market-cap growth among mid- and small-cap crypto assets has outperformed BTC and large-cap assets, with the relevant ratio reaching 41%, and warned that the trend could reverse rapidly.
Glassnode stated that BTC has reclaimed all long-term moving averages after approximately 300 days and believes that remaining above them would support the continuation of the long-term uptrend.
CoinDesk says Bitcoin’s price has crossed a key hurdle that has historically preceded major bull runs, but the available material does not specify the indicator or exact level.