Uptober
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X @Poloniex Exchange
Poloniex Exchange· 2025-10-02 05:15
.#Uptober is Unstoppable! 🚀 https://t.co/zMCiNm9Pb2 ...
X @Michael Saylor
Michael Saylor· 2025-10-02 02:04
RT True North (@MSTRTrueNorth)True North Episode 40 - "MSTR Uptober" https://t.co/ZEBxSF7LiJ ...
BTC Pushes Past $117K Liquidity Wall After $429M ETF Inflows – Bullish Breakout or Bear Trap?
Yahoo Finance· 2025-10-01 19:22
Core Insights - Bitcoin (BTC) has surpassed the $117,000 liquidity wall, nearing $118,000, driven by renewed strength from U.S. spot ETF inflows, indicating bullish market sentiment [1] - ETFs recorded $429.9 million in net inflows on September 30, marking a positive trend for October [1] - The total value traded in Bitcoin ETFs reached $3.26 billion, with BlackRock's IBIT leading the inflows [2] Market Analysis - Traders are monitoring key liquidity clusters, with potential liquidation points at $107,000 and $118,000, suggesting a possible "squeeze fakeout" scenario [3][4] - Resistance is expected between $117,500 and $119,000, with a potential pullback towards the $111,000–$112,000 range [4] - The importance of CME futures gaps is highlighted, with historical data indicating that gaps below $112,000 have been filled in the past five months [5] Seasonal Trends - October is historically a strong month for Bitcoin, with an average return of +29.9%, contrasting with the flat or negative returns in August and September [6] - The MVRV ratio, which measures the divergence of BTC's market price from its average on-chain cost basis, supports a bullish outlook, typically rising above 1.9 in October [7]