Bitcoin (BTC) Price Prediction for October 4
The majority of the coins from the top 10 list have returned to the red zone, according to CoinStats.
BTC/USD
Unlike other coins, the rate of Bitcoin (BTC) has gone up by almost 1% over the last 24 hours.
Despite today's growth, the price of BTC is near the local support of $122,033. If bulls cannot seize the initiative, traders may expect a further decline to the $121,500 mark.
On the bigger time frame, the rate of the main crypto is approaching the all-time high of $124,517. The volume is high, which means bulls are controlling the situation on the market.
If a breakout happens, the energy might be enough for further growth to new peaks.
From the midterm point of view, the price of BTC has once again bounced off the resistance of $123,236. If buyers can hold the initiative, there is a high chance to witness a new all-time high.
Bitcoin is trading at $122,081 at press time.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethereum Updates Today: Ethereum Transforms into Digital Bonds, Soaring Above $3,000 Driven by Institutional Interest
- Ethereum surged past $3,000 in late 2025 driven by institutional demand, ETF approvals, and technical upgrades like the Fusaka upgrade. - BlackRock's staked Ethereum ETF attracted $13.1B inflows since 2024, reclassifying staked ETH as "digital bonds" for institutional investors. - Over 69 corporations now hold 4.1M ETH in treasuries, but ETF outflows highlight ongoing market differentiation from Bitcoin . - Fusaka's focus on layer-1 scalability aims to redirect economic activity to Ethereum's base layer
Bitcoin News Today: Bitcoin Faces Bearish Turning Point with Death Cross and $75K Teal Band Indicator
- Bitcoin fell below $90,000, triggering bearish signals like the "death cross" and a $75,700 teal band target. - Analysts split between short-term volatility recovery hopes and warnings of prolonged bearish momentum amid Fed rate uncertainty. - On-chain whale accumulation contrasts with $4B in liquidations and RSI hitting 2022 FTX-level lows, signaling fragile market conditions. - Macroeconomic risks from liquidity crunches and synchronized equity declines amplify Bitcoin's role as a global liquidity baro
Zcash News Today: Zcash's Shielded Momentum: $150 Million Institutional Investment in Quantum-Proof Privacy
- Zcash (ZEC) surged 13% in 24 hours despite $1B crypto liquidations, driven by institutional buys and quantum-resistant privacy tech. - Cypherpunk Technologies added $18M ZEC, holding 1.43% of supply, as Zcash’s 140% monthly gain outperforms Bitcoin and Ethereum . - Analysts link Zcash’s rise to shielded pools and institutional demand, while broader crypto markets face $1.35T losses since October.
Bitcoin News Update: Yen’s Decline Tests Bitcoin’s Risk Appetite Link as Fiscal Pressures Mount
- Japanese yen's 10-month low against the dollar sparks debate on Bitcoin's risk-on correlation amid divergent monetary policies. - Japan's ¥14 trillion fiscal package aims to boost liquidity but raises concerns over 240% debt-to-GDP ratio and rising bond yields. - Swiss franc emerges as new risk barometer as yen's carry trade faces strain from higher yields and potential capital outflows. - Bitcoin struggles to hold $92,000 support amid weak institutional demand and ETF inflows, with November bond auction
Trending news
MoreCrypto prices
More
