Ignoring Bitcoin for 17 Years Is the Spookiest Thing
On Halloween 2025, Bitcoin experienced a fast rebound but faced significant trading pressure near resistance levels. After a dip, it managed to rally, indicating strong buyer interest around the $106,400 support level, but struggled to maintain upward momentum. The trading range widened between approximately $106,391 and $110,700, with key selling observed during the initial sell-off. Bitcoin's market behavior suggested a potential shift as traders awaited a decisive breakout from this range. Phil Geiger from Metaplanet remarked that ignoring Bitcoin over the past 17 years is quite spooky, aligning with broader adoption themes. The article also highlighted Bitcoin's fluctuating price history, noting its growth alongside sharp drawdowns over the years. The Bitcoin Policy Institute encouraged people not to fear fiat's ghosts, reaffirming confidence in Bitcoin as a viable alternative.
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