Bitcoin is facing a pivotal moment after last Friday’s flash crash briefly sent prices tumbling to the $103,000 level, shaking market confidence before a swift 0 leading cryptocurrency has since stabilized, consolidating below the $115,000 mark as traders and institutions reassess short-term 1 volatility has returned, on-chain and institutional data continue to show underlying strength in Bitcoin’s 2 Reading: Bitcoin Handles $14B OI Drop As Spot Volume Surged To $44B: Controlled Reset? According to a new report from Bitwise, institutional demand remains robust — with 72 publicly known companies collectively holding more than 1 million BTC, valued at roughly $117 3 includes major corporate holders, ETFs, and investment funds that continue to view Bitcoin as a long-term strategic asset despite the market 4 growing accumulation reinforces the idea that Bitcoin’s macro trend remains intact, driven by institutional adoption and long-term 5 the market digests recent volatility, the strength of these treasury positions could play a key role in stabilizing prices and setting the stage for Bitcoin’s next major 6 Bitcoin Adoption Reaches Record Levels in Q3 The latest Bitwise report highlights a striking development in Bitcoin’s institutional landscape: 176,762 BTC were purchased during Q3 by publicly listed companies and 7 steady growth in corporate treasuries underscores how Bitcoin continues to evolve from a speculative asset into a recognized component of the global financial 8 the forefront of this movement remains Strategy, which retains its position as the largest corporate holder with 640,031 BTC, equivalent to tens of billions in market 9 firm also added an impressive 40,000 BTC during the third quarter, demonstrating persistent conviction despite recent 10 institutions and ETFs have followed suit, expanding their Bitcoin exposure as part of broader digital asset strategies aimed at hedging inflation, diversifying reserves, and participating in a new phase of global liquidity 11 expanding corporate adoption suggests that Bitcoin has entered a more mature and globally integrated 12 longer seen solely as a speculative trade, it is increasingly recognized as a strategic asset within the balance sheets of financial institutions and multinational 13 essence, this trend reflects the institutionalization of Bitcoin—a movement that stabilizes demand, reinforces market confidence, and reduces the dominance of short-term retail 14 regulatory frameworks evolve and traditional finance converges with blockchain technology, Bitcoin’s presence in corporate treasuries could become as routine as holding cash or government 15 Reading: Matrixport-Linked Wallets Pull 4,000 Bitcoin From Binance Within 20 Hours – Details Bitcoin Consolidates Below Key Resistance Amid Market Uncertainty Bitcoin continues to face pressure as it trades around $112,870, struggling to reclaim the critical $117,500 resistance zone highlighted in the 16 level has acted as a key supply area over recent months, and each failed breakout attempt has reinforced it as a strong ceiling for the 17 the flash crash to $103,000 last week, BTC staged a moderate recovery but remains trapped between the 50-day moving average (blue) and the 200-day moving average (red)—a zone that often defines medium-term trend 18 have managed to protect the $110,000–$111,000 support area, but repeated tests of this range show weakening momentum and growing 19 Reading: Binance Stablecoin Supply Surges To Record $42B: Liquidity Flows Back Into Markets The moving averages are currently flattening, suggesting market 20 Bitcoin fails to retake the $115,000–$117,500 range, further downside toward $108,000 or even $105,000 remains possible in the short term.
Conversely, a successful daily close above $117,500 could confirm renewed bullish momentum and open the door for a move toward $122,000–$125,000. BTC appears to be in a consolidation phase, digesting recent volatility while traders wait for clearer 21 flows and on-chain signals will likely determine whether this zone becomes a base for recovery or the beginning of another leg 22 image from ChatGPT, chart from 23
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