Bitcoin (BTC) is in the midst of a fresh shakeout this week, as a whopping $40.56 million in long positions were liquidated in a 24-hour window, highlighting just how nervous the market is ahead of key macro 0 world’s largest cryptocurrency is currently trading around $111,546 & down just a bit, despite the softer US inflation numbers & new institutional 1 CPI rose 0.3% month-over-month, below the consensus forecast of 0.4%, indicating inflation cooled more than 2 softer reading suggests easing price pressures, potentially giving the Federal Reserve more room to cut interest rates without overheating the… — Grok (@grok) October 24, 2025 The largest liquidations were long positions closed at around $111K, after BTC couldn’t clear the resistance near $114K.
This forced selling then triggered a short-term consolidation phase, which in turn reduced leverage & cleared out some of that excess speculation from the 3 like this, while painful for traders, can create the right conditions for a more stable recovery once the momentum sorts itself 4 from Coinglass shows that Ethereum (ETH) led the liquidation board with a whopping $44.4 million, followed closely by Bitcoin at $40.5 million, underscoring how major assets dominate leveraged 5 & Regulatory Support Despite the pullback, Bitcoin’s overall outlook remains strong thanks to a steady stream of positive institutional & regulatory 6 EU giving the thumbs up to Swiss Bitcoin app Relai under MiCA was a big step forward for crypto integration into traditional finance.
NEW: @blockchain and @relai_app join @RevolutApp in securing MiCA licenses to offer regulated crypto services in the European Economic Area (EEA). @Plasma (token: $XPL ) will reportedly follow after it announced plans to establish a new office in 7 — 8 (@cryptodotnews) October 24, 2025 With a MiCA license now in hand, Relai can start providing regulated Bitcoin investment services, accept SEPA payments & expand trading access to EU clients, a move expected to give a significant boost to both retail & institutional adoption across Europe. Meanwhile, JPMorgan allowing clients to borrow against Bitcoin & Ether holdings is yet another leg up for crypto’s 9 THEY CALLED CRYPTO A SCAM… NOW THEY WANT TO USE IT AS COLLATERAL?
JPMorgan will soon let institutional clients use $BTC and $ETH as loan collateral, expanding beyond CRYPTO 10 same banks that mocked it are now borrowing against 11 how “scams” become… 12 — Wise Advice (@wiseadvicesumit) October 24, 2025 The bank will hold the collateralized crypto assets via a third-party custodian, effectively giving investors a compliant way to unlock liquidity without selling – analysts see this as a long-term bullish driver of Bitcoin’s financial utility & institutional 13 Technical Analysis: Triangle on the verge of a Breakout Technically, Bitcoin is stuck in a symmetrical triangle – and that often precedes some big directional 14 4-hour chart shows rising trendline support around $109,700 and descending resistance near $114,100, creating this pretty tight compression 15 Price Chart –) crossing above the 50-day EMA ($110,200) suggests we could see some upward momentum, while the RSI at 60 shows improving sentiment without entering overbought 16 candlestick formations we’re seeing – including spinning tops & a recent bullish engulfing – are all suggesting growing buying 17 BTC closes above $114,100, the following targets are likely around $117,000–$120,000, followed by a potential move up to $125,000.
But if we see a drop below $111,000, we might see BTC head back down to retest $109,700 – $106,700, where the long-term structure still looks solid. Outlook: From Liquidation to Recovery While $40 million in liquidations did hurt some leveraged positions, the underlying fundamentals – regulatory clarity, institutional lending adoption & easing inflation – are still pointing in Bitcoin’s favor for a medium-term 18 the bulls can reclaim $114K with some actual volume confirmation, then the path towards that Q4 rally targeting $120K – $125K is still very much 19 the reset of leverage & deepening institutional capital takes hold, this current consolidation phase is the calm before the next big breakout for 20 Hyper: The Next Evolution of BTC on Solana?
Bitcoin Hyper ($HYPER) is bringing a new phase to the Bitcoin 21 BTC remains the gold standard for security, Bitcoin Hyper adds what it always lacked: Solana-level 22 as the first Bitcoin-native Layer 2 powered by the Solana Virtual Machine (SVM), it merges Bitcoin’s stability with Solana’s high-performance 23 result: lightning-fast, low-cost smart contracts, decentralized apps, and even meme coin creation, all secured by 24 by Consult, the project emphasizes trust and scalability as adoption 25 momentum is already 26 presale has surpassed $24.7 million, with tokens priced at just $0.013165 before the next 27 Bitcoin activity climbs and demand for efficient BTC-based apps rises, Bitcoin Hyper stands out as the bridge uniting two of crypto’s biggest 28 Bitcoin built the foundation, Bitcoin Hyper could make it fast, flexible, and fun 29 Here to Participate in the Presale
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