Bitcoin is attempting to stabilize around $78K after posting its fourth straight weekly loss, with sentiment weighed down by the record Binance hack and a $643.3 million withdrawal from U.S. spot Bitcoin ETFs on Friday. The asset now sits inside a key demand zone that could decide whether the September rally structure survives.<\/p>\n
Meanwhile, the Velocity metric has climbed to its highest level since late 2024, suggesting that supply is circulating more actively even as prices decline.<\/p>\n
On the daily timeframe, Bitcoin continues to trade within the broad ascending channel that has guided the recovery from the summer lows near $58K. However, the rejection from the upper boundary and the $86K\u2013$90K supply zone in late September has given way to a series of lower highs, and last week\u2019s sell-off pushed BTC below the channel\u2019s midline around $82K.<\/p>\n
The price is now trading inside the $75K\u2013$78K order block, which formed the base of the sharp September rally. The lower wick printed during the hack-driven drop shows buyers responding here, but the rebound has so far been shallow. Holding this zone would allow BTC to attempt a return toward the channel midline and, eventually, the $86K\u2013$90K supply zone.<\/p>\n
Conversely, a daily candle closing below $75K would expose the channel\u2019s lower boundary near $73K. A breakdown through that confluence would invalidate the structure that has carried the price higher since mid-year and raise the risk of a deeper correction. For now, the channel remains intact, but sellers clearly control short-term momentum.<\/p>\n
<\/a><\/p>\n The 4-hour chart offers a clearer view of the deterioration. Bitcoin broke below the lower boundary of its orange ascending channel around October 23, and the subsequent rebound stalled inside the $80K-$82K supply zone, effectively retesting the broken trendline from below. That rejection was followed by a sharp sell-off as news of the Binance breach hit the market.<\/p>\n Buyers stepped in at the $76K demand zone, which sits within the daily order block, and the price has since recovered toward $79K before easing back to around $78K. A sustained move above $79K could bring the $80K-$82K supply zone back into play, while reclaiming it would open the way toward $85K, where the last significant rebound was rejected.<\/p>\n On the downside, losing $76K would likely trigger a test of the lower edge of demand near $75K, the last support before the daily channel\u2019s lower boundary. Until BTC reclaims the broken channel, the short-term structure favors sellers, with rebounds likely to meet overhead supply.<\/p>\n <\/a><\/p>\n Velocity on CryptoQuant measures how quickly coins circulate through the network relative to the total supply, applying the economic concept of money velocity to on-chain activity. Rising readings indicate that coins are changing hands more frequently, while declining readings point to long-term holding behavior and supply moving into dormant addresses.<\/p>\n The metric fell steadily from roughly 15.8 in early 2024 to around 12.1 in October 2025, a period in which Bitcoin rallied to its all-time high near $125K. That combination reflected classic scarcity dynamics, with a growing share of supply held off the market. Since then, the trend has reversed, with velocity rising to approximately 14.6 even as the price dropped sharply.<\/p>\n This divergence suggests that previously idle coins are re-entering circulation, a pattern more consistent with redistribution than accumulation, and one that weakens the supply-squeeze dynamic behind the 2025 rally. However, velocity alone cannot reveal who is buying or selling. If it keeps climbing while BTC struggles below $82K, the $75K order block would likely face increasing pressure, which could reverse the whole BTC price rebound since summer.<\/p>\n <\/a><\/p>\n \u00a0<\/p>\n The post Bitcoin Price Analysis: Is the September Rally Structure in Danger as BTC Hangs by a Thread?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Bitcoin is attempting to stabilize around $78K after posting its fourth straight weekly loss, with sentiment weighed down by the record Binance hack and a $643.3 million withdrawal from U.S. spot Bitcoin ETFs on Friday. The asset now sits inside a key demand zone that could decide whether the September rally structure survives. Meanwhile, the […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-246691","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/246691"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=246691"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/246691\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=246691"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=246691"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=246691"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}BTC\/USDT 4-Hour Chart<\/h2>\n
On-Chain Analysis<\/h2>\n
![<\/a><\/p>\nBTC\/USDT 4-Hour Chart<\/h2>\nThe 4-hour chart offers a clearer view of the deterioration. Bitcoin broke below the lower boundary of its orange ascending channel around October 23, and the subsequent rebound stalled inside the $80K-$82K supply zone, effectively retesting the broken trendline from below. That rejection was followed by a sharp sell-off as news of the Binance breach hit the market.<\/p>\nBuyers stepped in at the $76K demand zone, which sits within the daily order block, and the price has since recovered toward $79K before easing back to around $78K. A sustained move above $79K could bring the $80K-$82K supply zone back into play, while reclaiming it would open the way toward $85K, where the last significant rebound was rejected.<\/p>\nOn the downside, losing $76K would likely trigger a test of the lower edge of demand near $75K, the last support before the daily channel\u2019s lower boundary. Until BTC reclaims the broken channel, the short-term structure favors sellers, with rebounds likely to meet overhead supply.<\/p>\n<\/a><\/p>\nOn-Chain Analysis<\/h2>\nVelocity on CryptoQuant measures how quickly coins circulate through the network relative to the total supply, applying the economic concept of money velocity to on-chain activity. Rising readings indicate that coins are changing hands more frequently, while declining readings point to long-term holding behavior and supply moving into dormant addresses.<\/p>\nThe metric fell steadily from roughly 15.8 in early 2024 to around 12.1 in October 2025, a period in which Bitcoin rallied to its all-time high near $125K. That combination reflected classic scarcity dynamics, with a growing share of supply held off the market. Since then, the trend has reversed, with velocity rising to approximately 14.6 even as the price dropped sharply.<\/p>\nThis divergence suggests that previously idle coins are re-entering circulation, a pattern more consistent with redistribution than accumulation, and one that weakens the supply-squeeze dynamic behind the 2025 rally. However, velocity alone cannot reveal who is buying or selling. If it keeps climbing while BTC struggles below $82K, the $75K order block would likely face increasing pressure, which could reverse the whole BTC price rebound since summer.<\/p>\n<\/a><\/p>\n\u00a0<\/p>\nThe post Bitcoin Price Analysis: Is the September Rally Structure in Danger as BTC Hangs by a Thread?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"Bitcoin is attempting to stabilize around $78K after posting its fourth straight weekly loss, with sentiment weighed down by the record Binance hack and a $643.3 million withdrawal from U.S. spot Bitcoin ETFs on Friday. The asset now sits inside a key demand zone that could decide whether the September rally structure survives. Meanwhile, the […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-246691","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/246691"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=246691"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/246691\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=246691"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=246691"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=246691"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/11\/BTC-D-2-scaled.jpg\"){kind=link}
![<\/a><\/p>\nOn-Chain Analysis<\/h2>\nVelocity on CryptoQuant measures how quickly coins circulate through the network relative to the total supply, applying the economic concept of money velocity to on-chain activity. Rising readings indicate that coins are changing hands more frequently, while declining readings point to long-term holding behavior and supply moving into dormant addresses.<\/p>\nThe metric fell steadily from roughly 15.8 in early 2024 to around 12.1 in October 2025, a period in which Bitcoin rallied to its all-time high near $125K. That combination reflected classic scarcity dynamics, with a growing share of supply held off the market. Since then, the trend has reversed, with velocity rising to approximately 14.6 even as the price dropped sharply.<\/p>\nThis divergence suggests that previously idle coins are re-entering circulation, a pattern more consistent with redistribution than accumulation, and one that weakens the supply-squeeze dynamic behind the 2025 rally. However, velocity alone cannot reveal who is buying or selling. If it keeps climbing while BTC struggles below $82K, the $75K order block would likely face increasing pressure, which could reverse the whole BTC price rebound since summer.<\/p>\n<\/a><\/p>\n\u00a0<\/p>\nThe post Bitcoin Price Analysis: Is the September Rally Structure in Danger as BTC Hangs by a Thread?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"Bitcoin is attempting to stabilize around $78K after posting its fourth straight weekly loss, with sentiment weighed down by the record Binance hack and a $643.3 million withdrawal from U.S. spot Bitcoin ETFs on Friday. The asset now sits inside a key demand zone that could decide whether the September rally structure survives. Meanwhile, the […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-246691","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/246691"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=246691"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/246691\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=246691"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=246691"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=246691"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/11\/BTC-4H-2-scaled.jpg\"){kind=link}
![<\/a><\/p>\n\u00a0<\/p>\nThe post Bitcoin Price Analysis: Is the September Rally Structure in Danger as BTC Hangs by a Thread?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"Bitcoin is attempting to stabilize around $78K after posting its fourth straight weekly loss, with sentiment weighed down by the record Binance hack and a $643.3 million withdrawal from U.S. spot Bitcoin ETFs on Friday. The asset now sits inside a key demand zone that could decide whether the September rally structure survives. Meanwhile, the […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-246691","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/246691"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=246691"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/246691\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=246691"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=246691"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=246691"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/11\/Bitcoin-Velocity-1-scaled.jpg\"){kind=link}