Bitcoin’s Bullish Reversal: A Repeat of ’s Rally?
Bitcoin has recently filled a critical weekly CME gap between $109,680 and $111,310, mirroring a bullish pattern observed in late 2024. This technical milestone suggests a potential repeat of the two-month rally that saw Bitcoin surge from $68,785 to $108,000 during that period. Analysts at RektCapital have identified a bullish divergence forming on daily charts, indicating the possibility of a breakout toward $130. As of November 2025, the cryptocurrency's higher low structure reinforces Optimism for another significant upward movement, drawing parallels to its previous performance and fueling bullish sentiment among investors.
Bitcoin Mirrors 2024 Reversal Pattern After Filling Weekly CME Gap
Bitcoin has completed a critical technical milestone by filling its weekly CME gap between $109,680 and $111,310, echoing a bullish setup last seen in late 2024. The cryptocurrency now holds the same higher low structure that preceded a two-month rally from $68,785 to $108,000 during that period.
Analysts at RektCapital observe a bullish divergence forming on daily charts, suggesting potential for a breakout toward $130,000 before Q4 concludes. Market sentiment, however, reflects 2017-level pessimism, with traders expressing exhaustion and doubt despite the technical indicators favoring continued upside.
The recent price action follows a brutal wipeout last Friday that left many convinced the cycle has ended. Yet macroeconomic factors and historical patterns contradict this bearish narrative, pointing to possible renewed momentum.
Bitcoin Faces Resistance Amid Bearish Predictions and Gold Comparison
Bitcoin's price struggles to hold above $115,000, encountering significant resistance as it slips below $108,000. Prominent Gold advocate Peter Schiff seized the moment to declare, "Gold is eating Bitcoin’s lunch," citing a 32% decline in Bitcoin's value when priced in gold since August. Schiff warned of a "brutal" bear market and urged investors to abandon "fool’s gold" for tangible assets.
Former Binance CEO Changpeng Zhao countered with sarcasm, pointing to Bitcoin's historical resilience—from $0.004 to $110,000 over 16 years. Despite short-term volatility, the cryptocurrency's long-term trajectory remains a focal point for proponents.
Amid the debate, analysts hint at a potential October rebound for Bitcoin, though skepticism persists about its role as a dollar alternative or "digital gold." The clash between traditional and digital asset ideologies underscores the market's divisive nature.
BTC Outflow and Price Flip Soon? 4 Ark Invest Bitcoin ETF Say Yes.
Bitcoin ETF outflows totaling $104 million have unsettled the market, but four new BTC ETF filings by Ark Invest could signal an impending reversal. Investors are bracing for a potential surge as institutional interest mounts.
The filings suggest growing confidence in Bitcoin's long-term value proposition despite recent volatility. Market participants are closely watching for signs of renewed capital inflows.
US Government Reveals Critical Bitcoin Wallet Vulnerability Affecting 220,000 Addresses
The U.S. government's seizure of $15 billion in Bitcoin from a 2020 heist has exposed a critical vulnerability in certain wallet addresses. A flawed Pseudo Random Number Generator used to create private keys has rendered approximately 220,000 Bitcoin wallets fundamentally insecure.
Analysts suggest law enforcement may have known about this vulnerability for years, choosing to disclose it only during criminal proceedings. The revelation now puts affected holders at risk, as malicious actors could exploit the weakness to drain vulnerable wallets.
Security experts urge bitcoin holders to verify their wallet status immediately. The disclosure raises broader questions about cryptographic standards and the ethics of vulnerability disclosure in decentralized systems.
Binance-Led Selling Pressures Bitcoin Amid Short-Term Correction
Bitcoin fell 2% in the past 24 hours, dipping below $111,000 as Binance-driven selling overwhelmed U.S. demand. CryptoQuant attributes the decline to platform-specific futures activity rather than a structural market shift.
Three metrics tell the story: Coinbase Premium remains positive, reflecting strong U.S. institutional buying, while Binance's negative funding rate and tumbling Taker Buy/Sell Ratio reveal concentrated short-selling. The exchange's influence appears disproportionate—futures traders there have maintained bearish positions for four consecutive days even as other platforms turn bullish.
On-chain fundamentals suggest this is a cyclical pullback, not a trend reversal. Network activity and long-term holder accumulation continue to signal underlying strength. Market veterans watch for 'Uptober' seasonal trends to counterbalance the current technical pressure.
Gold Outperforms Bitcoin Amid Market Turbulence, Schiff Doubles Down on Criticism
Gold's rally to a record high NEAR $4,300 has reignited the Bitcoin-versus-gold debate, with economist Peter Schiff declaring the precious metal is 'eating Bitcoin's lunch.' Since August, gold has outperformed Bitcoin by 25-27%, though BTC remains up 17% year-to-date.
The divergence stems from contrasting drivers: gold's safe-haven appeal during geopolitical tensions versus Bitcoin's technical correction triggered by $9 billion in Leveraged liquidations. Schiff, a longtime Bitcoin skeptic, warned of a 'brutal' bear market for the cryptocurrency, urging investors to swap 'fool's gold' for physical bullion.
Market data reveals nuance in Schiff's claims. While Bitcoin has indeed declined 32% when priced in gold since August, the cryptocurrency's fundamentals remain untested. The viral debate highlights the ongoing tension between traditional and digital safe-haven assets during periods of macroeconomic uncertainty.
