As long as Bitcoin remains above $77K–$79K, institutional investors remain in profit and selling pressure remains low. If this level is lost, 2.57 million BTC will once again be in the red, analyst João Vedson warns.
Bitcoin Rebounds, Ethereum Uptrend at Risk
As long as Bitcoin remains above $77K–$79K, institutional investors remain in profit and selling pressure remains low. If this level is lost, 2.57 million BTC will once again be in the red, analyst João Vedson warns.
FXEmpire
Publisher
Oct 9, 2026 at 10:25 AM UTC · 1 분 소요
Key Signal
$77K–$79K Bitcoin profit threshold
Entities
bitcoin, ethereum
Market Impact
Total MCap+1.12%
Last Updated
2일 전
The protracted downturn in the crypto market has come to an end, said Hunter Horsley, CEO of Bitwise Asset Management. In his view, Bitcoin will reach a new all-time high next year against a backdrop of growing interest from major investors and traditional financial firms.
Follow the Story
- Oct 9Bitcoin Rebounds, Ethereum Uptrend at Risk
- Oct 11Bitcoin News Today: BTC Defends $82K While Remittix Counts Down to Its November 24 Market Debut
- Oct 11Anthony Scaramucci Once Shared the Advice He Would Give His 20-Year-Old Self—The Bitcoin Bull Said He Was
- Oct 11Bitcoin price nears $84K but lacks momentum for a strong breakout, facing resistance at $83,900-$84,200.
- Oct 9Bitcoin Rebounds, Ethereum Uptrend at Risk
- Oct 11Bitcoin News Today: BTC Defends $82K While Remittix Counts Down to Its November 24 Market Debut
- Oct 11Anthony Scaramucci Once Shared the Advice He Would Give His 20-Year-Old Self—The Bitcoin Bull Said He Was
- Oct 11Bitcoin price nears $84K but lacks momentum for a strong breakout, facing resistance at $83,900-$84,200.
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Originally reported by FXEmpire
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Market Context
Bitcoin
BTC
$83,740
+0.95% (24H)
Market Cap
$1.69T
24H Volume
$11.7B
24H High
$84,126
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