Bitcoin and Crypto Market Update – November 1, 2025
Bitcoin has completed its cup-and-handle pattern, hitting the technical target near $118,000 before rolling over into a fresh rising-wedge formation. The new structure is supported by declining volume, hinting at fading momentum and a potential pullback toward $46,000.
Today’s move mirrors broader macro caution—the Fed’s pause on rate cuts and Trump–Xi trade tensions have triggered a wave of risk-off sentiment. Bitcoin is down 3.8% to $110,063, Ethereum −3.6% ($3,853), and XRP −4.1% ($2.51).
Despite the dip, ETF inflows remain strong (BTC +$202 M, ETH +$246 M), showing institutions still buying the weakness. November historically delivers +42.5% average gains, but traders should stay alert as the rising wedge matures.
Technical summary:
* ✅ Cup & Handle target ≈ $118 K (completed)
* ⚠️ Rising Wedge forming → Target ≈ $46 K
* 📉 Volume decline = weakening trend strength
* 🟢 Institutional inflows = long-term support, volume declining over 5-10 year cycle
📊 Posted by Market Monkey — decoding the market’s next move.
Bitcoin has completed its cup-and-handle pattern, hitting the technical target near $118,000 before rolling over into a fresh rising-wedge formation. The new structure is supported by declining volume, hinting at fading momentum and a potential pullback toward $46,000.
Today’s move mirrors broader macro caution—the Fed’s pause on rate cuts and Trump–Xi trade tensions have triggered a wave of risk-off sentiment. Bitcoin is down 3.8% to $110,063, Ethereum −3.6% ($3,853), and XRP −4.1% ($2.51).
Despite the dip, ETF inflows remain strong (BTC +$202 M, ETH +$246 M), showing institutions still buying the weakness. November historically delivers +42.5% average gains, but traders should stay alert as the rising wedge matures.
Technical summary:
* ✅ Cup & Handle target ≈ $118 K (completed)
* ⚠️ Rising Wedge forming → Target ≈ $46 K
* 📉 Volume decline = weakening trend strength
* 🟢 Institutional inflows = long-term support, volume declining over 5-10 year cycle
📊 Posted by Market Monkey — decoding the market’s next move.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.