Ignoring Bitcoin for 17 Years Is the Spookiest Thing

On Halloween 2025, Bitcoin's trading activity saw a rebound from support, but encountered resistance near $110,700. Notable trading volume indicated increased activity, with 19,395 BTC changing hands during the initial sell-off, far exceeding average activity. The bounce back from a low of around $106,391 was characterized by a V-shaped recovery, as aggressive dip buying momentarily pushed prices through the $110,500 ceiling, though profit-taking soon followed. Analysts highlighted that the chart indicates a potential future breakout, with buyers remaining active, while sellers kept a lid on price increases. Phil Geiger of Metaplanet pointed out the spookiness of ignoring Bitcoin on its 17th anniversary, positioning it as a solid contrast to fiat currency. The Bitcoin Policy Institute reassured investors to not fear fiat's decline, framing Bitcoin as a viable alternative in the evolving financial landscape. Ultimately, the market remains cautious, waiting for a clear breakout from the current range.

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