Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Crypto writer
Arslan Butt
Crypto writer
Arslan Butt
share
Bitcoin (BTC) traded around $110,150, gaining about 0.72% in the last 24 hours. Traders seem to be weighing mixed market signals in November. Despite the short-term uncertainty, BTC’s long-term trajectory remains strong. It is supported by institutional accumulation and corporate trust. However, analysts caution that a drop below $100,000 could test market sentiment and shake investor confidence.
Market momentum remains supported by corporate balance sheet expansion and institutional optimism. Strategy, the largest Bitcoin-holding company, has confirmed that it will not pursue mergers or acquisitions for now, signaling the focus on its core Bitcoin strategy.
This clarity has reassured investors, reflecting the commitment to sustainable growth and transparent operations, two characteristics that have kept Strategy’s actions aligned with Bitcoin’s performance.
Strategy and Coinbase strengthen institutional confidence
Strategy President Michael Saylor emphasized that acquiring other Bitcoin treasury companies would be risky and time consuming. Instead, the company continues to focus on its key strengths – buying Bitcoin, selling digital credit, and maintaining financial transparency. With 640,808 BTC on its books, Strategy remains the world’s largest corporate Bitcoin holder.
CEO Phong Le added that acquisitions often come with hidden risks. Avoiding complex deals, the Strategy aims to keep it efficient, predictable, and focused on long-term Bitcoin accumulation – a signal that resonates with retail and institutional investors.
Meanwhile, Coinbase strengthened its position as a trusted institutional exchange by adding 2,772 BTC in Q3, raising total holdings to 14,548 BTC, worth about $1.57 billion. The company’s Q3 earnings showed net income of $432.6 million, up fivefold year over year, driven by growth in transaction and subscription revenue.
Key figures from Coinbase’s latest report include:
- Revenue: $1.9 billion (+55% YoY)
- Transaction income: $1.05 billion
- Subscription income: $746.7 million (+34%)
Coinbase’s Bitcoin hoarding reinforces trust in digital assets as long-term reserves. Its expanded offerings in derivatives, tokenized assets and stablecoin services also validate the exchange’s growing role in traditional financial integration.
Historical patterns warn of November volatility
Despite these bullish fundamentals, analysts like Timothy Peterson warn that November is historically a volatile month for Bitcoin. The cryptocurrency has seen sharp drops during 2011, 2014, 2018 and 2022, often triggered by liquidity stress or external shocks.
Peterson notes that this pattern typically emerges between November 8-20, aligned with corporate earnings and macroeconomic adjustments.
If companies revise 2026 earnings forecasts lower, investors could reduce exposure to risk assets like Bitcoin. However, analysts also note that these corrections have historically paved the way for strong Q1 recoveries, suggesting that any mid-November pullback could create a buying opportunity before 2026.
Bitcoin Technical Outlook: Triangle Breakout Approaches
Bitcoin price forecast remains neutral as BTC is trading around $110,089, showing an intraday gain of 0.4% as price action tightens in a descending triangle pattern on the 4-hour chart. This structure, defined by lower highs and stable support near $106,375, reflects a consolidating market, a phase that often precedes a strong breakout.
The 20-period EMA continues to act as dynamic resistance, suppressing upward attempts. Recent candles, especially spinning tops and Doji formations, signal indecision as bulls and bears battle for short-term control. However, the upward trend line from mid-October shows that buyers are gradually entering, forming a series of higher lows, a subtle bullish sign that suggests accumulation at lower levels.
The impulse indicators reflect this setup. The RSI at 46.9 is curling upwards from near oversold territory, hinting at a possible bullish divergence. If the RSI goes above 50 while the price keeps above $108,000, it could confirm a rebound phase.
For now, Bitcoin volatility remains compressed, but the pattern suggests a breakout is near.
Trade setup
- Entry: Buy over $111,675 (confirmed match)
- Stop-Loss: Below $106,300 (trend support)
- Objectives: $116,350 and $119,750
Alternatively, a break below $106,300 could turn the momentum in favor of the bears, targeting $103,500 and $100,250.
In essence, Bitcoin is moving quietly – traders should be on the lookout for a decisive move, as the upcoming breakout from this tight range could define the direction of the November market.
Bitcoin Hyper: The Next Evolution of BTC on Solana?
Bitcoin Hyper ($ HYPER) brings a new phase to the Bitcoin ecosystem. While BTC remains the gold standard for security, Bitcoin Hyper adds what was always missing: Solana-level speed.
Built as Bitcoin’s first native Layer 2 powered by the Solana Virtual Machine (SVM), it combines Bitcoin’s stability with Solana’s high-performance framework. The result: lightning-fast, low-cost smart contracts, decentralized apps, and even meme coin creation, all secured by Bitcoin.
Audited by Consult, the project emphasizes trust and scalability as adoption develops. And the momentum is already strong. The presale exceeded $25.2 million, with tokens priced at just $0.013195 before the next increase.
As Bitcoin activity grows and the demand for efficient BTC-based applications increases, Bitcoin Hyper stands out as the bridge that connects two of the largest crypto ecosystems. If Bitcoin built the foundation, Bitcoin Hyper could make it back fast, flexible and fun.
Click here to participate in the Presale
